ConsenSys Announces the Beta Release of MetaMask Bridges in the Portfolio Dapp

MetaMask Bridges will support popular EVM Compatible Chains during the beta, such as Ethereum, Avalanche, BSC, and Polygon, and allow for 1:1  bridging transfers of ETH/WETH, common stablecoins, and native gas tokens. The bridges available on the platform have and will constantly be vetted for security, high liquidity, and reliability standards. They include Connext, Hop, Celer cBridge, and Polygon Bridge.

The MetaMask Bridges interface will be housed on the Portfolio Dapp, launched last month in beta. The Portfolio Dapp allows users to aggregate their assets across multiple accounts and networks. Available to both Extension and Mobile users, anyone can add an offline wallet or hardware wallet using the “watch any wallet” feature and name them to their liking, plus a toggle to the NFT page where users can get a holistic view of their digital art collection and other utility NFTs on Ethereum and Polygon.

How does MetaMask Bridges work

MetaMask Bridges allows users to enter their desired starting network, the destination network, and the token they want to bridge and compare options across multiple providers. Bridge providers are integrated into two layers: bridge aggregators and individual bridges. In addition, MetaMask integrates directly with Socket and LI.FI, which allows us to quickly search routes from several bridges for a better user experience. MetaMask supports a curated set of bridges that tick strong boxes for security and decentralization. This is an initial scope for the beta launch, but the MetaMask team will continue to evaluate other bridges and consider them for integration. 

The beta version will allow users to bridge up to $10,000 per transfer and provide a better and easier-to-use experience for users looking to go across chains. MetaMask is not adding additional fees while this feature is in beta, but users can expect new functionalities and improvements over the next few months. 

As the leading self-custodial wallet, MetaMask acts as a digital authority manager and portal for Web3 — only permitting websites and apps to access data that a user consents to. With the addition of MetaMask Bridges, MetaMask is creating safe spaces to ensure users can feel comfortable and confident while moving tokens from one chain to another by abstracting away the complexities of the bridging ecosystem in an easy-to-use way.