Phantom vs Solflare, what is the difference?

Phantom vs Solflare is a comparison between two wallets that both began on Solana. Both let you hold SOL and Solana tokens, swap, stake and connect to apps, and in both you keep the recovery phrase yourself. The main differences are network coverage, how swap fees are shown and the hardware options each one offers. This page explains the differences and does not rank either one.

Phantom vs Solflare wallet, how do networks differ?

As of October 2026, Phantom's help center lists Solana, Ethereum, Robinhood Chain, Arc, HyperEVM, Bitcoin, Base, Polygon and BNB Chain. You cannot add custom networks, and Phantom ended Sui support on September 24, 2026. Our guide on what Phantom wallet is covers the details.

Solflare works only on Solana. CryptoSlate's review notes it has no native Bitcoin or Ethereum accounts. For someone who uses only Solana apps, both wallets cover the same ground. For someone who also holds ETH or BTC, Phantom can keep them in one app, while a Solflare user would need a second wallet. See what is Solflare wallet for more on its features.

What are the fees for Phantom vs Solflare?

Neither wallet charges to hold crypto, and every Solana transaction carries a small network fee paid to the blockchain.

• Phantom lists a flat 0.85% fee on swaps where both assets are on its list of SOL, USDC, USDT, ETH, BTC and renBTC. The fee is already included in the rate shown. Phantom says it will post changes at least 10 days before they take effect.
• Solflare routes swaps through the Jupiter aggregator. Its help page does not give a fixed swap percentage, and CryptoSlate notes that route and service charges appear in each quote. The 0.5% default slippage setting is a price tolerance, not a fee.

In both, the in-app quote is the figure that applies to a given swap.

Phantom or Solflare, how do security options compare?

Both are hot wallets by default, since the keys live on an internet-connected phone or computer. For extra protection, Solflare pairs with Ledger and Keystone devices and sells its own NFC signing card, Shield. It also offers native SOL staking with a choice of validator.

The risks are the same in either wallet. Signing a malicious request can empty it, as the MetaMask vs Phantom guide also notes, and Phantom's own safety features are covered in its separate guide.

How does Backpack compare with Phantom and Solflare?

Backpack is a third wallet often compared with these two. Its support page lists Solana, Ethereum, Optimism, Arbitrum, Polygon, Base and Sonic, added one network at a time inside the app. That places it between the two, since it reaches beyond Solana like Phantom but supports a different set of EVM networks. Users of any of the three should check that a token's network is supported before sending funds to it.