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1inch Wallet vs Phantom

How 1inch Wallet vs Phantom compare on our ratings, wallet specs, funding, pros and cons.

1inch Wallet4.3/5
VS
Phantom3.8/5
Feature
1inch WalletVisit
PhantomVisit
Ratings
Our score4.3/53.8/5
User ratingNo reviews yetNo reviews yet
Security4.03.5
Ease of use4.54.0
Chain support4.54.0
Features4.54.5
Privacy4.03.0
Specs
KYC required NoNot disclosed
Wallet typeMobileMobile, Browser extension
CustodySelf-custodialSelf-custodial
ChainsEthereum, BNB Chain, Polygon, Optimism, Arbitrum, Base, Avalanche, Solana, OtherSolana
PlatformsiOS, AndroidiOS, Android, Chrome, Firefox, Edge, Brave
Hardware wallet support Yes Yes
In-app swaps Yes Yes
Staking YesNot disclosed
NFT supportNot disclosed Yes
Buy crypto in appNot disclosed Yes
WalletConnect YesNot disclosed
Security featuresMEV protection, Encrypted file backup, Cloud backup, Hardware wallet integrationScam detection, Transaction warnings, Spending limits
Recovery without a seed phrase NoNot disclosed
Built-in dApp browser Yes Yes
Perpetuals tradingNot disclosed Yes
Company
Founded20192021
Headquarters—United States
InvestorsNot disclosedParadigm, Sequoia Capital, Variant, a16z crypto +8
Strengths and weaknesses
Pros
  • Native swaps across 18+ blockchains without routing through third-party bridges
  • Self-custodial architecture requiring no identity verification or KYC
  • Zero gas fees available on supported swap modes
  • Hardware wallet pairing supported through Ledger devices
  • Self-custodial custody across five supported networks
  • Available on iOS, Android and four browsers: Chrome, Firefox, Edge and Brave
  • 20M+ users reported on October 17, 2026
  • Ledger connection adds hardware-wallet support
Cons
  • No native desktop application available
  • March 2025 exploit on an outdated Fusion parser drained $5 million from resolvers
  • Unbacked private keys cannot be recovered if device access is lost
  • Seed-phrase loss can permanently block access
  • Sui and Monad support have been deprecated
  • Not available to UK users
  • Perpetuals add liquidation and market risk
Best forActive multichain DeFi traders, Mobile users swapping across networks, Traders wanting integrated MEV protectionSolana and multichain users, Mobile wallet users, On-chain traders

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