Solflare

Self-custodial Solana wallet launched in 2020 with 4M+ active users

Wallet No KYC Founded 2020
Visit solflare.com
Our score
Good
Custody Self-custodial
Chains Solana
Platforms iOSAndroidChrome
In-app swaps Yes
Hardware wallet support Yes

What is Solflare?

Solflare is a self-custodial wallet built for the Solana ecosystem. Launched in 2020 by early Solana validators, it supports SOL and Solana-based assets across a browser extension, mobile apps and a web platform. Solflare reports 4M+ active users and $15,408,970,815 in funds managed.

Who is behind Solflare

Solflare was founded by Vidor Gencel and Filip Dragoslavić. Gencel is identified as an early Serbian Solana validator, while Dragoslavić is co-founder and co-CEO and leads marketing and business development. The wallet began as a non-custodial product built exclusively for Solana. Alliance is listed as an investor.

How the wallet works

Users control the wallet rather than handing assets to a custodian. Solflare supports Solana transfers, token swaps, NFT collection and sales, decentralised application connections, SOL staking and hardware-wallet integration. Its Bridge accepts cross-chain deposits through the mobile app and browser extension. The Solflare Card spends USDC from the wallet at Mastercard merchants, while Cards Borrow lets users borrow USDC against SOL collateral.

Solflare Perps provides perpetual futures trading through Phoenix Trade’s Solana order book. The product supports SOL, BTC, ETH and additional assets, with leverage of up to 6x announced in October 2026. Solflare also supports xStocks, including 134 tokenised equities and ETFs reported in June 2026, and Solflare Packs for physical and on-chain collectibles.

Fees and availability

Native SOL staking has no separate Solflare platform fee. Validator commissions are approximately 3% to 7% of rewards, while native staking yield was approximately 5.5% to 7% APY in August 2026. Instant Unstake costs approximately 0.5% to 3%, depending on liquidity. Bridge launched with a 0% Solflare fee for its first 30 days, capped at $125,000 in waived fees. Solana network fees still apply, with a base transaction fee of 0.000005 SOL.

The wallet is available on iOS, Android, Chrome and the web. Google and Apple Quick Login launched in October 2026.

Track record and risks

Solflare reported 4M monthly active wallet users in June 2026. It launched Bridge in July 2026, Merchant Cashback in August 2026 and Solflare Perps in August 2026. Self-custody leaves seed phrases and signing decisions with the user, so phishing and malicious browser extensions remain material risks. Swaps and Bridge can add fees or slippage, staking depends on validator performance, and the card, borrowing, perps and xStocks add reliance on external providers and product-specific rules.

Founders

Filip DragoslavićCo-founder and co-CEO; leads marketing and business developm
Vidor GencelCo-founder

Early Serbian Solana validator.

Best for:Solana asset holdersSOL stakersSolana NFT collectorsUsers wanting wallet-based USDC spending

Pros and cons

Pros

  • 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
  • Bridge covers cross-chain deposits across three interfaces
  • Supports staking, NFTs, swaps, cards and perpetuals

Cons

  • 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%
  • Validator commissions reduce staking rewards by approximately 3% to 7%

Our review

3.5/5
Good

Solflare offers deep Solana support, staking and self-custody tools, but its single-chain focus and trading-related risks limit its range.

Security3.5
Ease of use4.0
Chain support2.5
Features4.5
Privacy3.0

Solflare is a self-custodial wallet built for Solana. It runs on iOS, Android and Chrome, with web access and hardware-wallet integrations also available. The wallet was launched in 2020 by early Serbian Solana validators Vidor Gencel and Filip Dragoslavić, who remains co-CEO and leads marketing and business development. Alliance is listed as an investor.

Solflare supports SOL assets, NFT transfers, staking, swaps and decentralised applications, while its product page reports more than 4 million active users and $15.4 billion in funds managed. Native staking has no separate Solflare platform fee, although validator commissions are typically about 3% to 7% of rewards. Instant Unstake costs approximately 0.5% to 3%, depending on liquidity. The wallet also supports Ledger hardware wallets, which adds a separate signing device to the self-custody model.

Bridge accepts cross-chain deposits into Solana through mobile, web and the browser extension. Solflare Card spends USDC through Mastercard, while Cards Borrow lets users borrow USDC against SOL collateral for card spending. Solflare Perps offers perpetual futures through Phoenix Trade's order book, including up to 6x leverage on newly supported markets.

The main trade-off is chain coverage. Solflare is focused on Solana rather than acting as a broad multichain wallet, so users holding Ethereum, Bitcoin or assets on other major networks need another wallet unless Bridge supports their route. The wallet also combines swaps, tokenised equities, collectibles and derivatives in one interface. The self-custodial design leaves seed-phrase loss and phishing with the holder.

Solflare suits Solana holders who want staking, NFTs, hardware-wallet support and ecosystem access in one wallet.

Listings are researched and drafted with AI assistance from public sources, then checked for accuracy and readability. Spot an error? Tell us. Editorial policy.
Sources (1)

Specs

KYC required ⓘ No · unverified
Wallet type Mobile, Browser extension, Web · unverified
Custody Self-custodial
Chains Solana
Platforms iOS, Android, Chrome
Hardware wallet support Yes · unverified
In-app swaps Yes · unverified
Staking Yes · unverified
NFT support Yes · unverified
Buy crypto in app Yes · unverified
Security features Self-custody, Hardware-wallet integration, Google and Apple Quick Login · unverified
Perpetuals trading Yes · unverified

Not disclosed by the provider: Open source, WalletConnect, Recovery without a seed phrase, Passkey login, Multisig, Built-in dApp browser, Swap fee.

Data from the provider's website and public sources. Fees and availability change; confirm on the official site before you sign up.

Key features

Solana self-custody

Users control a wallet for SOL, Solana tokens, NFTs and decentralised applications across mobile, web and Chrome.

SOL staking

Native staking has no separate Solflare platform fee. Validator commissions are approximately 3% to 7% of rewards.

In-app swaps

The wallet swaps Solana assets and provides market information, with network fees and swap pricing applying to transactions.

Hardware integration

Solflare connects with hardware wallets while keeping the product focused on Solana assets.

Cross-chain Bridge

Bridge accepts deposits from other networks through mobile, web and the browser extension. Its launch offer waived Solflare fees for 30 days, capped at $125,000.

USDC spending card

The Solflare Card spends USDC from the wallet and converts it at checkout through Mastercard acceptance.

Perpetual futures

Solflare Perps uses Phoenix Trade's Solana order book for SOL, BTC, ETH and additional assets, with leverage up to 6x announced in October 2026.

NFTs and collectibles

Users can collect and sell NFTs, while Solflare Packs connects physical and on-chain trading-card collectibles through Collector Crypt.

Inside Solflare

Solflare Perps

Solflare Perps provides perpetual futures trading from the self-custody wallet through Phoenix Trade's Solana order book. Supported markets include SOL, BTC, ETH and other assets.

Solflare Card

The Solflare Card lets users spend USDC held in the wallet through Mastercard acceptance. It is presented as a self-custody debit card.

Cards Borrow

Cards Borrow lets users borrow USDC against SOL collateral and spend the borrowed funds through the Solflare Card without selling the SOL position.

Bridge

Bridge provides cross-chain deposits into Solana through the mobile app, web platform and browser extension. Its introductory Solflare fee was 0% for the first 30 days, capped at $125,000 in waived fees.

xStocks

xStocks provides access to tokenised equities and ETFs on Solana. Solflare expanded its inventory to 134 tokenised equities and ETFs in June 2026.

Solflare Packs

Solflare Packs lets users open physical and on-chain collectibles through a partnership with Collector Crypt.

What users say about Solflare

The material contains very little specific product feedback about Solflare. Most mentions are promotions, tool lists, or passing references rather than product experiences.

Based on 5 Reddit posts and comments from the last 12 months, checked Oct 18, 2026. These are posts by users on other sites, not reviews submitted on CryptoReview.

User reviews

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Funding and investors

1Round
1Investor
  1. Accelerator Amount undisclosed

FAQ

Who founded Solflare?

Solflare was founded in 2020 by early Serbian Solana validators Vidor Gencel and Filip Dragoslavić. Dragoslavić is co-founder and co-CEO, and leads marketing and business development.

Is Solflare self-custodial?

Yes, Solflare is a self-custodial wallet, so the holder controls the wallet keys and transaction approvals. Ledger hardware-wallet integrations are supported.

What fees does Solflare charge?

Solflare's native staking has no separate platform fee, while validator commissions are typically about 3% to 7% of rewards. Instant Unstake costs approximately 0.5% to 3% depending on liquidity, and Solana transactions also carry a 0.000005 SOL base fee.

What chains does Solflare support?

Solflare is focused on Solana and supports Solana assets, NFTs, staking and decentralised applications. Its Bridge product adds cross-chain deposits into Solana through the mobile app and browser extension.

Is Solflare available on mobile and desktop?

Solflare is available on iOS, Android and Chrome, with a web platform and browser-extension access. Hardware-wallet integrations are also available.

Can Solflare trade perpetual futures?

Yes, Solflare Perps offers perpetual futures from the self-custody wallet through Phoenix Trade's Solana order book. The product supports SOL, BTC, ETH and other assets, with up to 6x leverage on supported markets.

Latest from Solflare on X

Solflare - The Solana Wallet
@solflare · 262.1K followers
Follow
Migration Deadline Extended:

You now have until November 30 to move your stake to the new Solflare validator.

Note: We’ll cover the staking rewards you missed from October 26 to November 1.

All it takes is a few taps.

Let’s get your SOL earning again.
7 18 59 5.1K View on X
Your next memecoin discovery starts in Solflare.

Explore new tokens, dig into the numbers, and see what's gaining traction, all in one place.

Here's what's new. 🧵 https://t.co/PXCw58bhiP
Image attached to the post
38 20 103 8.3K View on X
“Solflare is just a wallet.”

The wallet:

Packs.
Perps.
Earn.
Swaps.
Stocks.
Shield.
Bridge.
Staking.

Next up: Solflare [REDACTED].

Any guesses?
83 21 207 11K View on X
perps on solflare on @solana
22 18 131 9.2K View on X
Reminder to move your stake, it's literally a tap and a swipe
15 22 77 7.6K View on X

Recent public posts from @solflare, shown as published. Not reviewed or endorsed by CryptoReview.

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