MetaMask has launched a new non-custodial product, Agent Wallet, aimed at enabling artificial intelligence systems to directly hold and manage digital assets on the Ethereum network. The tool will support automated trading across Ethereum Virtual Machine (EVM) chains and Hyperliquid, with broader availability expected this summer.
Automation meets on-chain finance
Agent Wallet is designed to let AI-driven systems execute transactions such as swaps, perpetual contracts, and liquidity provisioning without manual input. The move signals a shift toward machine-operated financial activity within decentralized ecosystems, where software agents can act independently based on pre-set strategies.
MetaMask said the product is compatible with several AI development frameworks, including OpenAI Codex, Claude Code, and others. Initial access is being rolled out through a command-line interface to a limited group of early users before a wider release later this year.
Built-in safeguards and monitoring
The wallet incorporates multiple safety features intended to balance automation with control. These include user-defined presets, transaction simulations, and mandatory spending caps. MetaMask’s Transaction Protection also applies, offering coverage of up to $10,000 on eligible transactions under certain conditions.
Security firm Blockaid will oversee transactions for suspicious activity, triggering additional verification steps such as two-factor authentication or email confirmation when needed. Users can also configure custom rules, including allow lists and daily spending limits, to maintain oversight of automated operations.
Market context and industry trend
The launch comes during a volatile period for the cryptocurrency market. Bitcoin has recently fallen roughly 12% from above $72,000 to below $65,000, alongside sustained outflows from spot Bitcoin ETFs totaling about $4.4 billion over a 13-day stretch in late May and early June 2026.
Sentiment has weakened further, with the Coinbase Premium Index at -0.15%, indicating softer demand in the United States. At the same time, liquidations have surged, wiping out nearly $7 billion in leveraged positions within a single week.
Despite the downturn, activity has not declined evenly across the market. Trading volume on Hyperliquid has surpassed $10.3 billion daily, accounting for more than half of the global on-chain perpetuals market. This suggests capital is rotating into specific high-liquidity platforms rather than exiting entirely.
Growing role of AI in trading systems
MetaMask’s latest product reflects a broader push to integrate artificial intelligence with blockchain infrastructure. Across the sector, developers are experimenting with AI-powered wallets and automated execution systems that can operate continuously and respond to market conditions in real time.
With MetaMask holding about 26% of the digital wallet market, according to Token Terminal, the introduction of Agent Wallet could accelerate adoption of AI-driven trading tools. The focus now shifts to how effectively traders configure risk controls, as automated systems interact with increasingly volatile market conditions.
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