Best Hardware Wallets
Top rated: Trezor Safe 5 8.6
Devices whose only job is to keep a key away from the internet.
5rated →
8.2/10
Crypto Wallets
Company file: Phantom, owners, incidents →
Phantom
The best-designed wallet in crypto, and multi-chain beyond its Solana origins. Phantom does the unglamorous safety work — transaction preview, malicious-site warnings, spam filtering — inside an interface that ordinary people can use without a tutorial. Its in-app swaps carry a 0.85% fee, and its chain list moves: Monad and Sui were dropped in August and September 2026.
Best for: Solana-first users who want the best interface in the category
Company file: Phantom, owners, incidents →How this score was reached
8.2 is the weighted average of the five pillar findings below. Does the job well with no material unresolved concerns.
- Custody & Security40%
- 8.2
- Cost & Fee Transparency10%
- 7.0
- Regulation & Legal Standing5%
- 6.0
- Performance & Reliability20%
- 8.0
- Access & Support25%
- 9.2
Non-custodial with transaction preview and malicious-site warnings on by default; supports Ledger for hardware signing. The app code is not fully open source, a real gap against the leaders. A lawsuit filed in April 2025 (Murphy v. Phantom, SDNY) alleges malware pulled a decrypted key from browser memory; Phantom denies it and there is no finding.
Free to hold and send. In-app swaps carry a 0.85% Phantom fee, shown in the quote before you confirm — disclosed, but close to MetaMask’s 0.875% and well above Rabby’s 0.25%.
Unlicensed software from Phantom Technologies Inc., San Francisco, with clear terms.
Reliable across Solana, Ethereum, Base, Polygon and Bitcoin. Chain support changes with the business case: Monad was dropped on 26 August 2026 and Sui on 24 September 2026, and a price-and-balance service outage on 6 April 2026 showed zero balances for about two hours (no funds affected).
The best onboarding and interface of anything we rate. Genuinely usable by someone who has never held crypto.
Strengths
- The most usable wallet available, by a clear margin
- Transaction preview and spam filtering enabled by default
- Multi-chain support beyond its Solana origins, with Ledger signing
Against it
- Not fully open source
- 0.85% fee on in-app swaps
- Chain list changes — Monad and Sui dropped in 2026; no Arbitrum, Optimism or BSC
The wallet you can hand to a beginner
Phantom has the best interface and onboarding of anything we rate. That is not a cosmetic win: a wallet a newcomer can use without a tutorial is the difference between them holding their own keys and leaving everything on an exchange, which is the worse outcome by a wide margin.
It does the unglamorous safety work too — transaction preview, malicious-site warnings, spam filtering — with sensible defaults. The gaps are that the app is not fully open source, that in-app swaps cost 0.85%, and that the chain list follows the business: Monad was dropped on 26 August 2026 and Sui on 24 September 2026.
Frequently asked questions
Is Phantom only for Solana?+
No. It supports Solana, Ethereum, Base, Polygon, Bitcoin, HyperEVM, Robinhood Chain and Arc. It does not show Arbitrum, Optimism, BSC or Avalanche, and it dropped Monad and Sui in 2026; coins on a dropped chain stay there and open in a wallet that supports it.
Is Phantom safe?+
It is non-custodial, with transaction preview and malicious-site warnings on by default, and supports Ledger for hardware signing. It sits below Rabby and BlueWallet on custody because the app is not fully open source. A 2025 lawsuit alleges malware took a key from browser memory on an already-infected computer; Phantom denies it and nothing has been decided.
Does Phantom charge for swaps?+
Yes: 0.85% on swaps that carry a Phantom fee, shown in the quote before you confirm, plus the network fee. On a $2,000 swap that is $17. Frequent traders use a DEX front end and let Phantom only sign.
Assessed by
By Emily Volker
Editor-in-Chief · September 27, 2026
◆ Disclosure
CoinRadar Daily is a non-commercial project. We have no commercial relationship with Phantom, earn nothing from any link on this page, and carry no advertising or sponsorship anywhere on the site. Findings rest on public sources; we did not open an account or transact.
Rubric v2.0How we score →
The rest of the crypto wallets table
- 02Phantom — you are hereSolana-first users who want the best interface in the category8.2
Related tables
How we score →Independent, rubric-scored tables for the services behind this story.
Best Decentralised Exchanges
Top rated: Uniswap 8.7
Swap venues where you never hand over your keys.
5rated →
Best NFT Marketplaces
Top rated: OpenSea 8.0
Where NFTs change hands.
4rated →