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1inch Wallet vs Sparrow Wallet

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

1inch Wallet4.3/5
VS
Sparrow Wallet3.8/5
Feature
1inch WalletVisit
Sparrow WalletVisit
Ratings
Our score4.3/53.8/5
User ratingNo reviews yetNo reviews yet
Security4.04.5
Ease of use4.53.5
Chain support4.51.5
Features4.54.5
Privacy4.04.5
Specs
KYC required No No
Wallet typeMobileDesktop
CustodySelf-custodialSelf-custodial
ChainsEthereum, BNB Chain, Polygon, Optimism, Arbitrum, Base, Avalanche, Solana, OtherBitcoin
PlatformsiOS, AndroidWindows, macOS, Linux
Open sourceNot disclosed Yes
Hardware wallet support Yes Yes
In-app swaps Yes No
Staking Yes No
NFT supportNot disclosed No
Buy crypto in appNot disclosed No
WalletConnect YesNot disclosed
Security featuresMEV protection, Encrypted file backup, Cloud backup, Hardware wallet integrationCoin control, PSBT support, Multisig, Tor, Encrypted local wallet data, Hardware-wallet support, Air-gapped signing
Recovery without a seed phrase No No
Passkey loginNot disclosed No
MultisigNot disclosed Yes
Built-in dApp browser Yes No
Perpetuals tradingNot disclosed No
Company
Founded20192020
Headquarters——
InvestorsNot disclosedNot disclosed
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
  • Apache 2.0 open-source license
  • Self-custodial local wallet storage
  • Detailed UTXO and fee control
  • PSBT and multisig 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  • March 2025 exploit on an outdated Fusion parser drained $5 million from resolvers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
  • Supports Bitcoin only
  • Desktop setup is complex for basic users
  • Seed loss can permanently block recovery
  • Public-server use can expose wallet-related network information
Best forActive multichain DeFi traders, Mobile users swapping across networks, Traders wanting integrated MEV protectionBitcoin self-custody, PSBT signing workflows, Multisig wallet management

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.