Phantom

Introduction

Thoughtfully designed and easy to use, Phantom is a simple multichain wallet made for everyone. As one of the most widely used wallets in the Solana ecosystem, it empowers users to safely store tokens, manage NFTs, stake SOL, and interact with dApps—all through a sleek, beginner-friendly interface.

The Beginning

Phantom was founded in January 2021 by a small team of engineers, designers, and former founders who set out to make crypto accessible for the next billion users. From day one, their goal was to combine secure wallet functionality with thoughtful design to improve the everyday crypto experience.

Key Features

Multichain support (Solana, Ethereum, and Polygon)
In-app token swaps with over $1B in volume processed
Integrated NFT viewer
Biometric login and encrypted cloud backups
Usernames and social features for easy transfers
Available on browser, iOS, and Android

How It Works

Phantom generates a self-custodied wallet where you control the keys. You can send and receive tokens, view NFTs, connect to dApps, and even swap tokens within the app. All of it happens directly from your device, with no intermediaries.

Why It Matters for Solana Users

Phantom is one of the most seamless ways to get started on Solana. From staking SOL to exploring DeFi and NFT platforms, it acts as your personal dashboard for everything on-chain. For stakers, it’s one of the easiest ways to delegate to a validator like Ivy Oracle.

How to Use It

Visit phantom.app and install the wallet on your browser or mobile device.
Create a new wallet (or import an existing one).
Back up your secret recovery phrase or use encrypted cloud storage.
Fund your wallet with SOL and explore the Solana ecosystem.

Milestones

2021 Beta Launch with 40K testers
$9M Series A in July 2021 led by a16z, Variant, Jump
In-App Swaps launched June 2021; $1B+ volume in months
2022 Growth surpassed 3M users
2025 Social Features like usernames and profiles
$150M Series C in January 2025 led by Sequoia & Paradigm
15M+ Users and counting
$3B Valuation in 2025

Table of Contents