Educational content only. This is not an endorsement of this platform. Always conduct your own research before using any crypto service.
P
Phantom
The most popular self-custody wallet on Solana.
WalletNon-Custodial
💡What is it?
A self-custody browser extension and mobile wallet for Solana, Ethereum, and Bitcoin.
🎯What is it used for?
Storing and managing SOL and SPL tokens, interacting with Solana DApps (DeFi, NFTs, games), and swapping tokens.
👤Who typically uses it?
Solana ecosystem users — DeFi participants, NFT collectors, meme coin traders.
🔧Supported Concepts
Self-custodySOL stakingNFT managementDApp browserToken swapsMulti-chain (Solana, Ethereum, Bitcoin)
💸Educational Fees Overview
Phantom charges a small fee on swaps within the wallet (typically 0.85% of the swap amount).
⚠️ Important Risks to Understand
- Self-custody — you are responsible for your seed phrase
- Browser extension wallets can be targeted by phishing attacks
- Approving malicious transactions can drain your wallet
- NEVER give your seed phrase to any website or person
Official Website
https://phantom.app