We compared six Rainbow alternatives on chains, custody, fees and security, and noted where each one falls short of Rainbow.
No project pays to be listed. How we rank
The closest Rainbow alternative is Rabby, an EVM wallet with a mobile app that charges 0.25% on in-app swaps against Rainbow’s 0.85%. Below are six Rainbow alternatives compared on chains, swap fees, security features and platforms.
Rainbow is a mobile-first, open-source Ethereum wallet focused on L2 networks, with clear views of tokens and NFTs. It runs on iOS and Android and as a browser extension, and it charges 0.85% on swaps and bridges. See the full Rainbow profile →
Rainbow charges 0.85% on swaps and bridges (checked Sep 26, 2026). Rabby charges 0.25%, and Zerion 0.5 to 0.8%.
Rainbow has no Solana support. If you hold SOL or Bitcoin, Phantom covers both next to Ethereum in one mobile app.
Rainbow is built for the phone. If you use DeFi on a computer, Rabby adds a desktop app and a balance-change preview before every signature.
| Name | Best for | Custody | Chains | Swap fee | US availability |
|---|---|---|---|---|---|
| Rainbow ORIGINAL | Baseline | Self-custody | Ethereum and L2s | 0.85% | Yes |
| Rabby | DeFi on EVM networks | Self-custody | EVM networks | 0.25% | Yes |
| Zerion | Tracking DeFi positions | Self-custody | EVM and Solana | 0.5–0.8% | Yes |
| MetaMask | EVM dApps | Self-custody | EVM networks, Solana | 0.875% | Yes |
| Phantom | Solana plus EVM | Self-custody | Solana, EVM, Sui, Bitcoin | 0.85% | Yes |
| Trust Wallet | Mobile, many chains | Self-custody | EVM and many non-EVM chains | Not verified | Yes |
| Coinbase Wallet | Coinbase exchange users | Self-custody | EVM and Solana | Not verified | Yes |
Swap fee: The wallet’s own fee on in-app swaps, excluding network gas. US availability: Listed in the US App Store. “Not verified” means we have not yet checked the value against the project’s own documentation.
An EVM wallet from the DeBank team that previews the balance change before every signature and switches networks for you, with a 0.25% swap fee. Limitation: EVM only, and fewer dApps name it in their docs.
A mobile and extension wallet built around a portfolio view of tokens and DeFi positions on EVM networks and Solana. Limitation: lower fees need a paid Premium plan.
The default EVM wallet on extension and mobile, with Solana accounts added in 2025. Limitation: its 0.875% swap fee is slightly higher than Rainbow’s 0.85%.
A mobile and extension wallet that started on Solana and now covers Ethereum, Base, Polygon, Sui and Bitcoin, with scam-token warnings. Limitation: the same 0.85% swap fee, and custom EVM networks cannot be added.
Mobile-first like Rainbow, but for EVM and many non-EVM chains, with in-app staking for some coins. Limitation: its swap fee is not stated as one clear rate.
A self-custody wallet from Coinbase for EVM networks and Solana, with a passkey sign-in option. Limitation: its swap fee is not published on a Coinbase help page we could check.
For lower swap fees on EVM: Rabby. For a portfolio view across EVM and Solana: Zerion. For the widest dApp support: MetaMask.
If you swap or bridge often, Rabby is the clearest upgrade: 0.25% against Rainbow’s 0.85%, plus a balance-change preview before every signature. If you want to track DeFi positions, Zerion is built for that. If you need Solana, Phantom keeps a phone-friendly app with more chains.
Educational content, not financial advice. Crypto assets are volatile; do your own research.
Rabby for most EVM users: it charges 0.25% on in-app swaps against Rainbow’s 0.85% and previews the balance change before you sign.
No. Rainbow covers Ethereum and L2s. Phantom, Zerion, MetaMask and Coinbase Wallet support Solana.
0.85% on swaps and bridges, per Rainbow’s support page, checked Sep 26, 2026.
Yes. Rabby and MetaMask are both open source, like Rainbow.
Sources: Rainbow: official site, Rainbow Support: Bridge and swap tokens, Rabby: official site. Data as of Sep 26, 2026.
Not affiliated with any project listed. Educational content, not financial advice.