MetaMask Institutional Frequently Asked Questions

MMI is integrated with leading custody providers and includes institution-required security, operational, and compliance features. MMI uses a software development kit (SDK) and an Application Programming Interface (API), allowing custodians to connect their APIs to the most trusted wallet in DeFi. Organizations therefore benefit from the best of both worlds: The same MetaMask experience and access, connected to institutional controls.

The vast majority of DeFi projects and protocols build to connect with MetaMask. We provide access to over 17,000 venues for trading, staking, lending, borrowing, derivatives, asset management and more—Far greater access than other products, including access to all EVM chains.

We also integrate with several custody solutions to simplify capital deployment into DeFi, manage key storage, facilitate multi-signature approvals, and optimize trade flows.

Our qualified custodian and custody technology partners help serve the operational and compliance requirements of a wide range of organizations, ensuring all kinds of crypto funds, hedge funds, VCs, family offices, market makers, and trading desks can participate in DeFi.

MMI is the only DeFi wallet and Web3 gateway that provides unrivaled access to the DeFi ecosystem without compromising on institution-required security, operational efficiency, or compliance. With unrivaled access, leading custodian integrations, and groundbreaking compliance features—crypto funds, market makers, trading desks, and other organizations can safely store their private keys, execute pre-trade compliance and streamline multi-sig approvals.

On top of these key benefits, we aim to solve user needs across the entire capital allocation process. This includes industry research, compliance risk management, best execution through MetaMask Swaps and more.

Crypto funds, market makers, trading desks, and other organizations can gain access to the entire DeFi ecosystem from within their MetaMask browser wallet. They can connect to dapps, initiate transactions, and confirm transactions which are then sent to their custodian for approval and signing.

In January 2022, MMI launched custodian account multi-chain capabilities—unlocking custodian account access to all EVM-compatible L2s and sidechains. However, chain support will be dependent on the custodian that each fund signs up with.

MetaMask Swaps sources liquidity from the widest sources in the market, including Uniswap, AirSwap, 0x API, 1inch.exchange, Paraswap, and dex.ag.

We aim to provide the best quote in the market at all times, and we implement technical innovations to severely limit failure rates.

Within your custodian’s platform/interface there will be a simple button to connect your custodian account with MMI. You can then select from the list of wallets you have created in your custodian account within MMI.

MMI works just like Metamask. Users can connect to any Dapp in the DeFi ecosystem. Afterward, they can initiate and confirm a transaction, whereafter multi-approval and signing is done at the custodian level.

Users can access MMI as a browser extension or through our investor dashboard.

In order to access MMI, please get in touch with our sales team through the inquiry form on our home page or via mmi_sales@consensys.net

MMI is currently integrated with BitGo, Qredo, and Cactus Custody. We will announce further integration in Q2.2022.

We introduce all funds to our custodian partners. You will then be able to select the custodian of your choice.

MMI allows you to filter and select all the wallets held in your custody account.

Today, funds often avoid decentralized exchanges (DEXs) due to the unknown counterparties that make up token pair liquidity pools. Compliance within MMI allows users to set their preferred anti-money laundering (AML) risk settings. These settings are then used to run AML risk analyses on DEX pools. Revealing the risk (low, medium, high and unacceptable) of the unknown counterparties within a DEX. This provides pre-trade compliance for users during their swapping process—allowing them to avoid token pools where they deem the counterparty risk to be unacceptable.

In addition, we look at all transfers within a transaction, not merely the transaction itself. This means we are able to provide the depth and breadth of analysis required to analyze DeFi pools.

Our platform dataset includes the following: — 2.5B+ priced messages — 700M+ assets transfers — 40M+ contracts — and 450k+ assets

Our compliance function only applies to the Ethereum mainnet.

Yes, MMI allows organizations to filter and connect any wallet from their custodian. This means users on different browser extensions can access the same wallets.

After a transaction is confirmed in the extension, transaction details are sent to the custodian, where it can be approved and signed. The transaction is then broadcast to Mainnet from the custodian account.

The MMI SDK receives status updates from the custodian via a webhook so that transaction status (and transaction activity) are updated within the extension.

MMI reflects all on-chain transactions, including the tokens of those transactions, within the wallet.

If an institution receives access via a custodian, then costs will be reflected in their pricing. Within MMI, we charge for Swaps usage and use a tiered freemium pricing model for compliance (with the price per report decreasing as the number of reports increases).

If you gained access to MMI via your custodian, then please contact their support team.