Case Study: MetaMask achieves frictionless, lower-cost P2P token swaps with ConsenSys Codefi

MetaMask - Customer Case Study

MetaMask faced a fragmented peer-to-peer trading experience across many decentralized exchanges—users had to check multiple DEXs, submit repeated token approvals, and pay high gas fees to find the best price. ConsenSys (via its Codefi Markets team) partnered with MetaMask to address these frictions by building MetaMask Swaps and a Price Information Aggregation API to surface real-time quotes and simplify the swap flow.

ConsenSys’s solution aggregates pricing from major DEXs and aggregators (e.g., Uniswap, 0x API, 1inch, Paraswap, Totle, AirSwap and market makers), streamlines approvals, reduces gas and slippage, and was audited by ConsenSys Diligence. The feature launched in October 2020; by March 2021 MetaMask users completed over 341,000 swaps worth more than US$1 billion, with a 0.875% service fee applied to quotes to fund ongoing development.

MetaMask

Jacob Cantele

Head of Product