5 MetaMask Alternatives to Enhance Cross-Chain DeFi Experience

With the rapid development of the Web3 ecosystem, an increasing number of wallets are emerging, providing users with a rich Decentralized Finance interaction experience. This article will introduce 5 alternative wallets to MetaMask, all of which support DeFi operations across Ethereum and other blockchains.

MetaMask, as one of the most popular Web3 wallets, has millions of users worldwide. Its main advantages are its ease of use, open-source transparency, and good integration with most DeFi protocols. However, MetaMask also has some shortcomings:

• Private keys stored in the browser are less secure than hardware wallets.
• By default, connect to Ethereum via Infura; if Infura goes down, it will result in a connection interruption.
• Lack of content analysis during transaction confirmation makes it difficult for non-technical users to understand specific actions.

Next, let's explore 5 alternatives to MetaMask that support multi-chain DeFi interactions.

Frame

Frame is an Ethereum wallet focused on privacy protection, compatible with MacOS, Windows, and Linux systems. It allows users to manage all accounts, tokens, and projects while supporting connections to various dApps. A major feature of Frame is the separation of private keys from the browser storage, while being compatible with mainstream hardware wallets.

After installing Frame, users can seamlessly trade on EVM-compatible chains such as Ethereum, Optimism, Arbitrum, Polygon, and xDai through the browser extension.

Rabby

Rabby is an open-source Web3 wallet developed by DeBank, a DeFi portfolio tracking tool. It can automatically switch to the corresponding cross-chain based on the websites visited by the user, providing a convenient multi-chain experience.

To enhance security, Rabby will parse the transaction details in the signature confirmation pop-up. When confirming a transaction, the wallet will clearly state the purpose of the transaction and display the estimated balance changes.

In addition, Rabby has also integrated a security engine that checks each transaction for potential risks before the user signs, effectively helping users identify suspicious activities.

XDEFI Wallet

XDEFI Wallet is a cross-chain extension that natively integrates THORChain, Ethereum, BSC, Polygon and other EVM networks, as well as the Terra ecosystem. Users can conduct cross-chain transactions directly within the wallet, without the need for centralized exchanges or custodial services.

XDEFI also supports purchasing cryptocurrencies directly with fiat through Ramp. However, the wallet has not been open-sourced yet, which is a major drawback. It is reported that in the first quarter of 2022, more blockchains such as Avalanche, Cosmos, Fantom, and Solana will be supported.

Web3Auth

Web3Auth(, formerly known as Torus), is an open-source browser extension that allows users to authenticate their identity with dApps, exchanges, or blockchains using their Google account.

Users can log in with a single click using their Google account, automatically accessing the browser's built-in wallet without the need to remember a mnemonic phrase. During the first authentication, Web3Auth will automatically create an account using threshold signatures and a distributed key generation network, balancing the security of self-custody with ease of use.

Web3Auth is a branch of MetaMask that integrates tKey technology and uses the Shamir secret sharing algorithm for key management, dividing the user's private key into three parts for storage. As long as two of the parts can be accessed, the complete private key can be recovered.

Wallet 3

Wallet 3 is an open-source non-custodial wallet that can connect to DeFi applications via the WalletConnect protocol. When users access DeFi applications like Perpetual Protocol, they only need to copy the WalletConnect URI. If Wallet 3 is turned on and the manual connection feature is enabled, it will automatically connect to the application.

The advantages of Wallet 3 lie in its support for quick account switching, cross-chain transfers, and direct interaction with top DeFi protocols like Aave and Yearn. It also provides users with a portfolio dashboard, supporting multiple networks such as Ethereum, BSC, Polygon, Avalanche, and Fantom.

The above 5 wallets each have their own characteristics and provide users with more options beyond MetaMask. With the continuous development of the Web3 ecosystem, it is believed that more high-quality wallets will emerge in the future, bringing users a safer and more convenient blockchain interaction experience.