Phantom
Multichain wallet that started on Solana and now covers Ethereum, Base, Polygon, Sui and Bitcoin.
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Phantom key facts
| Category | Crypto wallet |
|---|---|
| Custody | Self-custody |
| Chains | Solana, EVM, Sui, Bitcoin |
| Platforms | Extension, iOS, Android |
| Swap fee | 0.85% |
| US availability | Yes |
| Main security feature | Scam-token warnings |
| Open source | Not stated |
What is Phantom?
Phantom started as the main Solana wallet and now also supports Ethereum, Base, Polygon, Sui and Bitcoin in one app, with built-in warnings for scam tokens.
How Phantom works
Phantom decides for you whether a trade is a same-network swap or a cross-chain swap, and it simulates each transaction before it submits it.
If the simulation fails, the swap does not go out. Cross-chain swaps use bridge providers, and you can compare them under swap settings, Provider. On mobile, the Cash account is the default payment method when you buy a token and the default destination when you sell.
If you lack the native token for gas, Phantom may offer a gasless swap on Solana or on EVM networks. It blocks Solana tokens with freeze authority enabled and certain scam tokens built to prevent selling, and verified tokens show a purple checkmark. The app also offers SOL staking, perps, prediction markets and tokenized equities.
How to start with Phantom
- Install the Phantom extension or the iOS or Android app, and create a wallet or import one with a Secret Recovery Phrase, a private key, or a Google or Apple account.
- Keep a small amount of the network's native token for fees unless a gasless option applies.
- On mobile you can add money to Cash from a bank or card and spend it with the Phantom debit card.
- Phantom's terms say supported features and assets vary by jurisdiction.
Phantom fees and limits
- Phantom charges 0.85% on most swaps.
A few flows, such as deposits to a perps balance, carry no Phantom fee, and swapping USDC, USDT, USDG or PYUSD into your Cash account is free. You also pay the network fee, on both chains for cross-chain swaps, and price impact. Bridge fees on cross-chain swaps are folded into the price impact line rather than shown separately.
Risks to know before using Phantom
- Phantom says Support cannot reverse or force a stuck bridge transaction; it can only escalate to the bridge provider.
- It warns against retrying a stuck cross-chain swap, which can create a duplicate, and says a wallet flagged as malicious cannot be recovered.
- The terms say a transaction shown as gasless may still require fees, and that your authentication method is the only way to restore access to your wallet.
Phantom alternatives
Other self-custody wallets people compare with Phantom.
Self-custody Solana wallet for staking, swapping and dApps, on mobile, web and browser extension.
Self-custody multi-chain wallet from OKX with built-in swaps, DeFi and market tools.
Mobile-first multichain wallet, with a browser extension added later.
Self-custody browser extension and mobile wallet for EVM networks, with Solana accounts added in 2025.
Phantom vs MetaMask →Self-custody wallet from Coinbase, separate from the Coinbase exchange account.
Wallet built around a portfolio view of tokens and DeFi positions across chains.
Where Phantom ranks on DappAtlas
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Phantom compared
Phantom pros and cons
- Solana, Bitcoin and EVM in one app
- Scam-token and malicious-transaction warnings
- Strong Solana dApp support
- 0.85% fee on in-app swaps
- Fewer EVM networks than MetaMask
- Custom EVM networks cannot be added by hand
Phantom FAQ
What is Phantom?
Phantom started as the main Solana wallet and now also supports Ethereum, Base, Polygon, Sui and Bitcoin in one app, with built-in warnings for scam tokens.
Is Phantom a self-custody wallet?
Yes. Phantom gives you a seed phrase and does not hold your funds. If you lose the phrase, no one can restore access.
Which chains does Phantom support?
Phantom supports Solana, EVM, Sui, Bitcoin.
Is Phantom free?
Phantom is free to download. You pay network gas on transactions and a 0.85% wallet fee on in-app swaps.
Is Phantom available in the US?
Yes. Phantom is listed in the US App Store (checked Sep 26, 2026).
Which platforms does Phantom run on?
Extension, iOS, Android.
Sources
How this page works
Sources: Phantom: official site, Phantom Help: Swap tokens, US App Store listing. Data as of Sep 26, 2026.
Not affiliated with any project listed. Educational content, not financial advice.