MetaMask rolls out Transaction Shield, a new transaction loss protection feature
Key Takeaways
- MetaMask introduces Transaction Shield, a premium opt in security upgrade with transaction loss protection and priority support.
- Subscribers receive coverage up to $10,000 per month for transactions deemed safe by MetaMask’s security systems.
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MetaMask introduced Transaction Shield, a premium opt-in security upgrade that adds transaction loss protection and 24/7 priority support to its wallet.
The service extends MetaMask’s security stack by covering losses up to $10,000 per month for transactions the platform deems safe through automated contract checks and simulations.
The subscription costs $9.99 per month or $99 annually, with a 14 day free trial and a $20 discount for annual plans. Coverage is currently available on MetaMask Extension, with mobile support coming later.
Transaction Shield applies to approved actions on networks such as Ethereum, Linea, Arbitrum, Avalanche, Optimism, Base, Polygon, BSC, and Sei. Supported interactions include DeFi swaps, lending activity, NFT mints and sales on trusted marketplaces, and verified airdrop claims.
The service does not cover compromised wallets, market losses, or protocol exploits. Users must file claims within 21 days, with most reimbursements processed within 15 business days and paid in mUSD at the current market rate.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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