A head-to-head comparison of Phantom and Trezor — pricing, the features that actually differ, and which one fits which use case.
The most popular Solana wallet, now multichain with Bitcoin, Ethereum, and Base support
The original open-source hardware wallet — fully auditable firmware for maximum security
These are the 3 capabilities where the two tools genuinely diverge — the rest of their feature sets overlap.
| Capability | Phantom | Trezor |
|---|---|---|
| Mobile App | Yes | No |
| Browser Extension | Yes | No |
| In App Swap | Yes | No |
| Feature | Phantom | Trezor |
|---|---|---|
| Self Custody | ✓ | ✓ |
| Hardware Wallet Support | ✓ | ✓ |
| Evm Chains | ✓ | ✓ |
| Non Evm Chains | ✓ | ✓ |
| Mobile App | ✓ | ✗ |
| Browser Extension | ✓ | ✗ |
| In App Swap | ✓ | ✗ |
| Nft Support | ✓ | ✓ |
| Snaps Extensibility | ✗ | ✗ |
| Multi Sig | ✗ | ✗ |
Pricing models differ substantially between these two.
Phantom
Free
Trezor
Custom
Trezor
Custom
Watch out: 0.85% swap fee is higher than using Jupiter directly.
Watch out: No dedicated secure element makes it more vulnerable to physical chip extraction.
Phantom edges ahead on our editorial score (4.6/5), but these tools aren’t straight substitutes. Pick Phantom when best solana wallet ux — handles compressed nfts, staking, and defi seamlessly matters most to your workflow; pick Trezor when fully open source firmware — every security claim is independently verifiable is the priority. The deciding factor is usually the trade-off you can least afford — Phantom means accepting that 0.85% swap fee is higher than using jupiter directly, while Trezor means no dedicated secure element makes it more vulnerable to physical chip extraction.
Phantom carries the higher editorial rating (4.6/5 vs 4.4/5), but they solve different problems. Phantom is the stronger pick when you need best solana wallet ux — handles compressed nfts, staking, and defi seamlessly. Trezor wins when fully open source firmware — every security claim is independently verifiable.
Phantom is free to use, while Trezor is priced on request.
Phantom's main limitation is that 0.85% swap fee is higher than using jupiter directly. For Trezor, no dedicated secure element makes it more vulnerable to physical chip extraction. Weigh these against how you actually plan to use the tool.
In most cases yes — many teams run both, using each where it's strongest. Since Phantom leads on best solana wallet ux — handles compressed nfts, staking, and defi seamlessly and Trezor on fully open source firmware — every security claim is independently verifiable, the two are often complementary rather than mutually exclusive.