Ethereum browser and wallet app MetaMask now offers token swap functionality
October 6, 2020, 12:20PM EDT
1 min read
The popular Ethereum toolkit MetaMask now allows users to swap tokens from within the app itself.
MetaMask owner ConsenSys announced the news on Tuesday, saying that the new feature would request token prices from decentralized exchanges and aggregators so that users can get the best prices.
MetaMask will support Uniswap, Airswap, Kyber, 0x API, 1inch.exchange, dex.ag, Paraswap, Totle, and private market makers for the feature. This approach means that users won’t need to navigate these platforms individually to find the optimal price.
The feature is initially available to users of the MetaMask extension on the Firefox browser and will be rolled out soon to other browsers and MetaMask Mobile, ConsenSys said.
The MetaMask team said on Monday that it had exceeded one million monthly active users.
"MetaMask user growth happens in a compounding feedback loop similar to the feedback loop of the internet itself. Users onboard to use one site, and end up discovering hundreds of other sites from decentralized finance to gaming to new communities," the team wrote.
TRON DAO has announced the launch of a $10 million incentive fund in light of recent events to support Terra developers migrating to the TRON ecosystem, including TRON’s EVM compatible cross-chain solution BitTorrent Chain (BTTC), which helps facilitate the seamless transfer of assets across mainstream public chains, including TRON, Ethereum, and BNB Chain.
Ethereum had a breakout year in 2021. It’s native asset, ETH’s, market capitalization surpassed $500 billion for the first time. Its network facilitated upwards of $7 trillion value transfer. Non-fungible tokens (NFTs) emerged as another “killer application” that have put its technology on the global stage and caught the attention of the masses.