Phantom is a self-custodial multichain wallet available as a browser extension for Chrome, Brave and Edge, and as an iOS or Android app. It lets users create or import wallet accounts, send and receive assets, connect to compatible dApps, swap supported tokens, track public addresses and stake SOL.
Is Phantom a fit for your use case?
- Useful for: managing supported networks in one browser or mobile interface, connecting to dApps, swapping assets, tracking wallets and managing compatible collectibles.
- Less suited for: users who need unsupported networks such as BNB Chain, Arbitrum or Optimism, or who mainly manage Bitcoin Ordinals, BRC-20 tokens or rare sats.
- Account required: Phantom wallet setup is required. Signing in with Google or Apple is optional because a wallet can also be created with a 12-word Secret Recovery Phrase.
- Separate wallet required: no. Phantom creates or imports the wallet accounts used in the app. Supported Ledger accounts can also be connected.
- Main limits: feature availability varies by network, platform and region. Security warnings reduce certain risks but do not validate every token, site or transaction.
Networks and feature coverage
Phantom’s current supported-network list names Solana, Ethereum, Base, Polygon, Robinhood Chain, Bitcoin and HyperEVM. A separate transition notice states that Sui support is scheduled to end on September 24, 2026. Robinhood Chain supports asset management, swaps and bridges, but not dApp connections, NFTs or DeFi positions. Phantom can display some Bitcoin collectibles, but standard BTC transfers do not protect Ordinals, BRC-20 tokens or rare sats.
Network and regional availability can change. Review Active Networks before receiving assets.
Costs and custody
Downloading Phantom and creating a wallet do not require a subscription. A same-network swap may include a 0.85% Phantom fee on select pairs, a network fee and price impact. Cross-chain swaps use available LI.FI routes and may add bridge and source or destination network fees. The quote displayed before confirmation is the relevant cost reference. Key storage depends on the account type: local recovery-phrase accounts store keys on the device, new Google or Apple wallets use Phantom KMS secure enclaves, and supported hardware-wallet accounts sign transactions on the external device.