MetaMask
2026-08-07 12:00:35MetaMask launches Agent Wallet for AI trading with spending caps, allowlists, and two risk modes
MetaMask on Thursday rolled out Agent Wallet, a self-custodial product built for AI agents that can execute crypto trades within user-defined limits. The wallet lets agents handle swaps, perpetuals, prediction-market wagers, and staking across Ethereum-compatible chains and Hyperliquid, but only after the user sets spending caps, chooses which protocols the agent may access, and selects a risk profile. Users can pick between Guard Mode, which requires pre-approval for addresses and protocols and pauses out-of-policy activity for 2FA confirmation, and Beast Mode, which removes the allowlist while keeping spending caps and a malicious-transaction 2FA backstop in place. MetaMask said each transaction goes through simulation, threat scanning, and MEV protection, and eligible trades can receive up to $10,000 per month in loss coverage. The product also integrates with Claude Code, Codex, Cursor, and OpenClaw, and can settle gas fees in the token being moved so the agent does not need to hold a chain’s native asset. The newsletter also noted broader market moves, ETF inflows, Robinhood Chain activity, and NFT trading data, while stating that the analysis and opinions in Morning Minute are those of author Tyler Warner, not necessarily Decrypt.