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1inch Wallet vs Rainbow

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

1inch Wallet4.3/5
VS
Rainbow3.3/5
Feature
1inch WalletVisit
RainbowVisit
Ratings
Our score4.3/53.3/5
User ratingNo reviews yetNo reviews yet
Security4.03.0
Ease of use4.54.0
Chain support4.52.5
Features4.54.0
Privacy4.03.0
Specs
KYC required NoNot disclosed
Wallet typeMobileMobile, Browser extension, Web
CustodySelf-custodialSelf-custodial
ChainsEthereum, BNB Chain, Polygon, Optimism, Arbitrum, Base, Avalanche, Solana, OtherEthereum
PlatformsiOS, AndroidiOS, Android, Chrome
Hardware wallet support YesNot disclosed
In-app swaps Yes Yes
Staking Yes Yes
Buy crypto in appNot disclosed Yes
WalletConnect YesNot disclosed
Security featuresMEV protection, Encrypted file backup, Cloud backup, Hardware wallet integrationSelf-custody
Recovery without a seed phrase NoNot disclosed
Built-in dApp browser YesNot disclosed
Perpetuals tradingNot disclosed Yes
Company
Founded2019—
Headquarters—United States
InvestorsNot disclosed6th Man Ventures
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 key control
  • Supports Ethereum and Arc
  • Swap costs appear before confirmation
  • Combines wallet and prediction markets
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  • March 2025 exploit on an outdated Fusion parser drained $5 million from resolvers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
  • Perpetuals add liquidation and Hyperliquid counterparty exposure
  • Swap fees vary and network charges still apply
  • Fee-on-transfer token swaps can be blocked
  • Self-custody leaves seed-phrase loss with the user
Best forActive multichain DeFi traders, Mobile users swapping across networks, Traders wanting integrated MEV protectionMobile Ethereum wallet users, Crypto and prediction-market traders, Users trading perpetuals

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