MetaMask, the popular self-custody web3 wallet developed by Consensys, has made a significant move by integrating Sei (SEI) into its platform. This strategic collaboration will enable MetaMask users to access a wide range of decentralized applications, games, tokens, and non-fungible tokens native to Sei, all from within their MetaMask wallet.
The integration of Sei brings the total number of blockchains supported by MetaMask to 11, allowing users to seamlessly navigate the multi-chain reality of the Web3 space. With a dedicated Sei page on the platform, MetaMask users can now engage in native swaps and asset bridging to Sei, as well as purchase SEI directly from their wallet.
Gal Eldar, the global product lead at MetaMask, emphasized the importance of expanding support to emerging networks like Sei to solve real problems for users. With the Web3 landscape evolving towards a multi-chain environment, MetaMask aims to provide a smoother and safer experience for users, eliminating the need for multiple wallets or complex bridges.
The integration comes at a time when Sei’s ecosystem is experiencing significant growth, particularly in decentralized finance. Daily transactions on the Sei network have surged to over 4.2 million, with total value locked exceeding $600 million. Additionally, Sei’s monthly active users have reached 11 million, indicating a growing interest in the platform.
According to DeFiLlama, Sei’s stablecoin market cap has seen a drastic increase of over 30% in the past week, surpassing $265 million. By adding support for Sei, MetaMask aims to unlock its high-performance network infrastructure for over 100 million users globally, providing them with access to Sei’s expanding ecosystem.
Justin Barlow, executive director at the Sei Development Foundation, views the partnership with MetaMask as a milestone that will enhance Sei’s ecosystem reach and deliver a seamless onboarding experience for users. This collaboration marks a significant step forward in Sei’s goal of building the best high-performance EVM ecosystem.
In conclusion, MetaMask’s integration of Sei showcases its commitment to enhancing the user experience in the Web3 space by providing easy access to a diverse range of decentralized applications and assets. This collaboration is poised to benefit both MetaMask users and the growing Sei ecosystem, paving the way for a more interconnected and efficient decentralized finance landscape.