Token reportUpdated Jun 23, 2026

Phantom

SolanaWallet, Developer Tooling Live

Non‑custodial multi‑chain wallet built for Solana, offering seamless token, NFT, and dApp management.

About Phantom

Phantom is a non‑custodial, multi‑chain crypto wallet that started on Solana and now supports Ethereum and other blockchains. It offers a browser extension and mobile app for managing tokens and NFTs, in‑wallet swaps, staking, and dApp access, plus developer SDKs for integration.

How it works

01
Non‑custodial multi‑chain wallet for tokens and NFTs
02
Browser extension and mobile app with in‑app swaps
03
Stake SOL and earn rewards directly in wallet
04
Access dApps via built‑in browser

Funding

Bootstrapped

Phantom’s fundraising details are not publicly disclosed.

Tokenomics

Tokenomics are not yet public.

Strengths & risks

Strengths

Non‑custodial, multi‑chain wallet
Integrated on‑chain trading & swaps
User‑friendly UI with staking & NFT support
Strong backing: $268M funding, large community

Risks

Security breaches compromising private keys
Heavy reliance on Solana ecosystem health
Intense competition from other multi‑chain wallets

Beluga’s take

Phantom’s UI feels polished and fast; the extension loads instantly and the mobile app mirrors the same clean design, making token swaps and NFT browsing a breeze. Transaction fees are transparent, and the built‑in swap aggregator usually finds good rates without needing a separate DEX aggregator.

The biggest pain point is the occasional sync lag when switching networks, especially on the newer EVM chains, which can cause failed transactions that need a manual retry. Customer support response times can be slow during high‑traffic periods, and the lack of a native token means no fee rebates or staking incentives.

Recent updates added a native perps interface and expanded cross‑chain support to include BSC and Conflux, which has reduced the need for external bridges. However, the roadmap for deeper DeFi integrations feels stagnant, and the team has yet to roll out a robust analytics dashboard that power users have been asking for.