XDEFI Wallet

Formerly connected to over 2,500 networks; defunct since August 2026

Wallet No KYC Founded 2020 United Kingdom
Visit xdefi.io
Our score
Weak
Custody Self-custodial
Chains EthereumBitcoinArbitrumPolygon+3
Open source Yes
In-app swaps Yes

What is XDEFI Wallet?

XDEFI Wallet was a self-custodial, multichain cryptocurrency wallet built as a browser extension. It enabled users to store, transfer, and swap digital assets across non-EVM and EVM ecosystems, supporting over 2,500 networks and 10,000 tokens before it rebranded to Ctrl Wallet and ceased operations.

Team and background

Founded in 2020 in London, United Kingdom, XDEFI Wallet was led by chief executive officer Emile Dubié. The project developed non-custodial wallet infrastructure aimed at unifying fragmented blockchain networks into a single interface. In April 2026, Cardano commercial arm EMURGO acquired the underlying technology infrastructure of Ctrl Wallet, leaving the CTRL token out of the transaction.

Network connectivity and mechanics

The application was an externally owned account (EOA) wallet where users held their own private keys and seed phrases. Onboarding required no identity verification. The wallet supported major chains including Bitcoin, Ethereum, THORChain, Avalanche, Arbitrum, Polygon, Dogecoin, Litecoin, and BNB Smart Chain. Cross-chain trading was handled through integrations such as THORChain, executing decentralized swaps without additional wallet markups.

Audits and security shutdown

Kudelski Security audited the wallet codebase in July 2021, and the team made the client extension source code public under the Apache-2.0 license. The wallet had approximately 650,000 monthly active users. Between June 21 and June 23, 2026, a cryptographic exploit hit the Cardano integration layer on shared EMURGO infrastructure, resulting in the theft of 16.1 million ADA. Because the vulnerability compromised core shared systems, operations permanently ceased on August 3, 2026.

Current status and risks

Active wallet services are offline. Users cannot send funds, receive assets, swap tokens, or connect to decentralized applications through the software. The only functional feature remaining is recovery-phrase export. Former users can retrieve their seed phrases and migrate funds to other self-custodial wallets.

Founders

Emile DubiéCo-founder and CEO
Best for:Former users exporting seed phrasesHistorical multichain architecture research

Pros and cons

Pros

  • Supported more than 2,500 blockchain networks in a single browser extension
  • Direct native cross-chain swaps via THORChain with no extra wallet markup
  • Open-source extension client audited by Kudelski Security
  • Non-custodial architecture allowed private key export without identity verification

Cons

  • Permanently ceased operations on August 3, 2026
  • Suffered a June 2026 exploit resulting in a 16.1 million ADA loss
  • Cannot send, receive, swap, or connect to dApps
  • Removed from app stores

Our review

2.7/5
Weak

XDEFI Wallet offered broad multichain connectivity and native THORChain swaps, but permanently ceased operations in August 2026 following a security exploit on shared infrastructure.

Security1.0
Ease of use2.0
Chain support4.5
Features3.0
Privacy4.0

XDEFI Wallet, founded in London in 2020 by Emile Dubié and later rebranded as Ctrl Wallet in July 2024, operated as a self-custodial browser extension and mobile wallet. At its peak, the platform served roughly 650,000 monthly active users and supported over 2,500 blockchain networks. The extension connected directly to decentralized applications across Bitcoin, Ethereum, Avalanche, Arbitrum, Polygon, BNB Chain, and THORChain.

Key strengths included broad asset coverage and integrated trading. NFTs from distinct ecosystems appeared in a unified gallery, while native THORChain swaps were available without supplemental wallet fees. The client codebase was made available under the Apache-2.0 open-source license, and Kudelski Security completed an audit in July 2021.

  • In June 2026, a cryptographic exploit hit Cardano infrastructure managed by parent company EMURGO, which acquired Ctrl Wallet's core tech stack earlier that year, draining roughly 16.1 million ADA.
  • Operations ceased permanently on August 3, 2026, disabling transfers, network connectivity, swaps, and dApp integrations.
  • The application was subsequently removed from app stores.

Users who previously stored funds in XDEFI or Ctrl Wallet can no longer conduct transactions within the interface and must export their recovery phrases into alternative non-custodial software such as MetaMask or Phantom. The wallet can no longer be used for active trading or transfers.

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 Browser extension, Mobile · unverified
Custody Self-custodial · unverified
Chains Ethereum, Bitcoin, Arbitrum, Polygon, Avalanche, BNB Chain, Other · unverified
Open source Yes · unverified
In-app swaps Yes · unverified
NFT support Yes · unverified
Built-in dApp browser Yes · unverified

Not disclosed by the provider: Platforms, Hardware wallet support, Staking, Buy crypto in app, WalletConnect, Security features, Recovery without a seed phrase, Passkey login, Multisig, Swap fee, Perpetuals trading.

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

Key features

Multichain asset management

Supported balances and transactions across more than 2,500 blockchain networks, including Bitcoin, Ethereum, and other major blockchain ecosystems.

THORChain swap routing

Enabled direct native cross-chain asset swaps without extra wallet-imposed markup fees.

NFT gallery

Displayed non-fungible tokens side-by-side across more than 200 distinct network deployments in a single interface.

Gas fee abstraction

Allowed users to execute multichain transactions without holding native gas tokens on select networks.

Seed phrase export

Provides offline access to export private recovery phrases to restore accounts in alternative software.

Inside XDEFI Wallet

Ctrl Wallet (formerly XDEFI Wallet)

A self-custodial browser extension and mobile application that allowed users to connect across thousands of networks and view multichain tokens and NFTs. It ceased active operations in August 2026 and now functions solely to allow users to export their recovery phrases.

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FAQ

Who founded XDEFI Wallet?

XDEFI Wallet was founded in 2020 by chief executive officer Emile Dubié in London, United Kingdom. The project rebranded to Ctrl Wallet in July 2024 and was later acquired by EMURGO in April 2026.

Is XDEFI Wallet still operational?

No, XDEFI Wallet permanently ceased core operations on August 3, 2026. The application was removed from app stores, leaving only recovery-phrase export features active for existing users.

Was XDEFI Wallet hacked?

Between June 21 and June 23, 2026, a cryptographic exploit targeted shared Cardano wallet infrastructure under parent company EMURGO, resulting in the theft of approximately 16.1 million ADA and leading directly to the service's shutdown.

Does XDEFI Wallet require KYC?

No, XDEFI Wallet was a self-custodial software wallet that required no KYC verification. Users managed their own private keys and seed phrases directly.

Does XDEFI Wallet have a token?

Yes, XDEFI launched the XDEFI token, which began a 1:1 migration to the CTRL token in 2024. In October 2026, the circulating supply of XDEFI stood at 203,925,701 tokens.

What chains did XDEFI Wallet support?

The wallet supported over 2,500 blockchain networks. These included Bitcoin, Ethereum, THORChain, Avalanche, Arbitrum, Polygon, BNB Smart Chain, Dogecoin, Litecoin, and Bitcoin Cash.

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