New Non-Custodial, Cross-Chain Browser Wallet to Compete with MetaMask by Focusing on DeFi and NFTs
XDEFI has released its rival to the popular crypto wallet MetaMask which reported more than 10 million active users in August.
Last month, XDEFI Wallet raised $6 million led by Mechanism Capital and Defiance Capital, with other investors including Alameda Research, Sino Global, and Animoca Brands.
Now it has announced the public release of its non-custodial, cross-chain wallet built with a focus on decentralized finance (DeFi) and non-fungible tokens (NFTs).
This week, the team unveiled XDEFI Wallet 7.0 and introduced the Ape Mode for the apes and degens of crypto.
The wallet uses a proprietary gas algorithm to ensure that even during times of congestion, transactions get into the next block timely, says the team.
It is also optimized for EIP-1559 allowing “users the maximum benefit from Ethereum’s London hard fork while still maintaining an accessible interface.” By adding a network activity section in-app, it reduces reliance on third-party sites. ETH -2.43% Ethereum / USD ETHUSD $ 3,850.58
-$93.57-2.43% Volume 14.37 b Change -$93.57 Open $3,850.58 Circulating 117.96 m Market Cap 454.22 b 23 h Euphoria is Back Ahead of ETF Listings: Bitcoin Hits $63k and Ether Nearly $4k as NYSE Certifies “Approval for Listing” 1 d Bitcoin Breaks Through $61,000 as Euphoria & ‘Greed’ Brings the Money Back In 1 d Indexed Finance's NDX Is Down 92% from ATH After $16 Million Hack Sends it Crashing
While the wallet already offers access to chains like Terra (LUNA) and THORChain (RUNE), which are not available on MetaMask, support for other popular blockchains like Solana (SOL) and Avalanche (AVAX) along with layer 2 solutions like Arbitrum will be added along the way. LUNA -1.13% Luna Coin / USD LUNAUSD $ 0.01
$0.00-1.13% Volume 0 Change $0.00 Open $0.01 Circulating 1.71 m Market Cap 12.45 K 3 d New Non-Custodial, Cross-Chain Browser Wallet to Compete with MetaMask by Focusing on DeFi and NFTs 1 w AnySwap and Aave Fork Geist Finance Send Fantom TVL Past $9 Billion, FTM Makes a New ATH 1 w Shift to Risk-on: Bitcoin Is Up 12% Already in Uptober Amidst Stock Market Weakness RUNE -5.97% THORChain / USD RUNEUSD $ 7.94
-$0.47-5.97% Volume 34.16 m Change -$0.47 Open $7.94 Circulating 224.41 m Market Cap 1.78 b 3 d New Non-Custodial, Cross-Chain Browser Wallet to Compete with MetaMask by Focusing on DeFi and NFTs 1 mon DeFi Autumn after Solana Summer? Traders Still Short as Bitcoin Jumps to $48k and Ether to Nearly $3,700 1 mon DeFi Rallies Towards New Highs As Multiple Layer 1 Blockchains Amaas $50 Billion in TVL SOL 1.30% Solana / USD SOLUSD $ 164.10
$2.131.30% Volume 1.83 b Change $2.13 Open $164.10 Circulating 300.43 m Market Cap 49.3 b 2 d Decentralized Smart Contract Platform, Cypherium, Joins China's BSN to Boost Blockchain Development 3 d New Non-Custodial, Cross-Chain Browser Wallet to Compete with MetaMask by Focusing on DeFi and NFTs 4 d NFT Deposits and Withdrawals are Now Live on FTX US for Institutional Favorite Solana (SOL) AVAX -3.54% Avalanche / USD AVAXUSD $ 57.79
-$2.05-3.54% Volume 632.86 m Change -$2.05 Open $57.79 Circulating 220.29 m Market Cap 12.73 b 3 d New Non-Custodial, Cross-Chain Browser Wallet to Compete with MetaMask by Focusing on DeFi and NFTs 4 d BSC Is Back in the Game as Binance Announces $1 Billion Incentives Program to Pump the Ecosystem 1 w AnySwap and Aave Fork Geist Finance Send Fantom TVL Past $9 Billion, FTM Makes a New ATH
As for NFTs, the wallet offers automatic detection and a drag-and-drop NFT display grid.
Users can also buy crypto directly within the XDEFI Wallet, for which it claims not to charge a fee.