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ShapeShift vs Solflare

How ShapeShift vs Solflare compare on our ratings, wallet specs, funding, pros and cons.

ShapeShift4.2/5
VS
Solflare3.5/5
Feature
ShapeShiftVisit
SolflareVisit
Ratings
Our score4.2/53.5/5
User ratingNo reviews yetNo reviews yet
Security4.03.5
Ease of use4.04.0
Chain support4.52.5
Features4.04.5
Privacy4.53.0
Specs
KYC required No No
Wallet typeMobile, WebMobile, Browser extension, Web
CustodySelf-custodialSelf-custodial
ChainsEthereum, Bitcoin, Solana, BNB Chain, Arbitrum, Base, Polygon, Avalanche, Tron, Cosmos, OtherSolana
PlatformsiOS, AndroidiOS, Android, Chrome
Open source YesNot disclosed
Hardware wallet support Yes Yes
In-app swaps Yes Yes
Staking Yes Yes
NFT supportNot disclosed Yes
Buy crypto in app Yes Yes
WalletConnect YesNot disclosed
Security featuresNot disclosedSelf-custody, Hardware-wallet integration, Google and Apple Quick Login
Swap fee0%Not disclosed
Perpetuals tradingNot disclosed Yes
Company
Founded20142020
HeadquartersSwitzerland—
InvestorsEarlybird Venture Capital, Access Venture Partners, Blockchain Capital, Lakestar +3Alliance
Strengths and weaknesses
Pros
  • Zero platform commission fees charged on decentralized trades
  • No identity verification or KYC required to swap or store funds
  • Covers more than 10,000 assets across 48 native blockchains
  • Direct hardware wallet connectivity for Ledger and Tangem devices
  • Self-custodial Solana wallet with mobile, web and Chrome access
  • Hardware-wallet integration supports a separate signing device
  • Native staking has no separate Solflare platform fee
  • 4M+ active users reported by Solflare
Cons
  • Third-party routing protocols and automated market makers impose variable swap fees and spreads
  • Cross-chain execution risks depend entirely on third-party bridge and DEX contract security
  • Users bear total responsibility for managing unassisted seed-phrase recovery
  • Trustpilot average rating stood at 3.0 out of 5 in March 2026
  • Solana-focused chain support limits use outside the ecosystem
  • Seed phrase loss and phishing remain self-custody risks
  • Bridge, cards, perps and xStocks add external-provider exposure
  • Instant Unstake costs approximately 0.5% to 3%
Best forKYC-free cross-chain asset swaps, Multichain DeFi asset management, Hardware wallet integration usersSolana asset holders, SOL stakers, Solana NFT collectors

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.