Yes, but I don’t know what’s like without a developer account.
All extensions are distributed as native apps, usually bundled into the primary app and are (when applicable) installed into Safari when they’re installed onto the device.
There are Content Blockers, App Extensions (into/out of Safari), Web Extensions (“of” Safari), share extensions etc with different limitations and abilities that run individually within their apps and message Safari and other apps, or have rules read ahead of time by Safari with no runtime access, or run within Safari using the WebExtension API etc etc
The archetypal web browser plug-in via the WebExtension API totally exists and are convertible for the most part to Safari’s very proprietary but very user conscious ecosystem.
You can also have Reddit links opened automatically in eg Apollo.