Solflare
Solflare is a self-custodial Solana wallet with in-wallet swaps (Jupiter-routed), limit orders, SOL staking, perps on Phoenix, a Bridge deposit feature for funds from Bitcoin, Ethereum and other chains, and a USDC debit card. Its in-wallet swap fee percentage is not published on its official pages.
Cost: Solflare's terms say fees may be charged on token swaps, but no swap-fee percentage is published on its help center, site or terms (checked 2026-10-16); quotes in-app include any fee. Perps through Solflare cost up to 0.085% per side, with Solana network fees sponsored.
Checked 2026-10-16 · sources below- Round trip fee
- — buy + sell, platform fee
- $1,000 buy + sell
- — before network + pool fees
- Fees paid, 30d
- — not tracked by DefiLlama
- US availability
- Partly available UK: partly available · EU: available
- Custody
- non-custodial
- KYC
- none
- Platforms
- ios, android, extension, web
- Launched
- —
Best for: Solana-only users who want staking, swaps and Solana-native perps in one self-custodial wallet.
Solflare fees
| Fee | Type | Rate | Applies to | Note |
|---|---|---|---|---|
| Swap fee | platform | — | Buy and sell | Terms reserve the right to charge fees on swaps; no rate published on official pages. |
| Solana network fee | network | — | Buy and sell | Usually under $0.01 in SOL per swap per Solflare's guide. |
| Bridge deposits | other | 0% | buy | 0% fees for the first 30 days after Bridge launch (promotional); standard rate not published. |
Perps: taker 0.085%, maker — — Up to 0.085% taker on isolated market orders, charged on open and close; includes Phoenix protocol fee and Solflare's share as one all-in fee. Network fees and account rent currently sponsored. Market orders only at launch.
Platform fees only. On-chain network/priority fees, pool (LP) fees and price impact are extra and vary by trade.
Is Solflare legit?
Self-custodial; users sign every transaction. Perps collateral is held by Phoenix's on-chain programs while on the exchange, not by Solflare. Supports Ledger, Keystone and Solflare's own Shield hardware wallet.
Incidents on record
- 2026-07-28: Solflare Card paused after issuing partner Kulipa failed. Solflare paused its debit card because issuing partner Kulipa could no longer support it, and said user funds were unaffected; a replacement card with a new issuer was planned for August 2026. Service disruption, not a security breach. Source
Where Solflare is available
| Region | Status |
|---|---|
| United States | Partly available |
| United Kingdom | Partly available |
| European Union | Available |
Wallet has no stated regional limits beyond sanctions. Perps are fully blocked for US and UK retail users and in sanctioned jurisdictions. (source)
We report what the venue's own terms say. Don't use a VPN to get around restrictions; venues can freeze accounts that do.
Pros and cons
Pros
- Perps on Phoenix keep collateral on Solana with no bridging; fee up to 0.085% per side and network fees sponsored.
- Bridge feature gives permanent deposit addresses for funds from Bitcoin, Ethereum, Arbitrum, BNB Chain, Polygon, Tron, NEAR and Base.
- Available on iOS, Android, web and extensions for Chrome, Firefox, Brave and Edge.
- Supports Ledger, Keystone and Solflare's own Shield hardware wallet.
Cons
- Swap fee percentage is not published on official pages, so it can't be compared without an in-app quote.
- Solana-only wallet: other chains are supported only as Bridge deposit sources.
- Perps are blocked for US and UK retail users.
- Solflare Card was paused in July 2026 when its issuing partner failed.
Features
swapslimit ordersperpsstakingbridge depositsdebit cardmerchant cashbackhardware wallet supportxStocksmobile appbrowser extensionweb app
Alternatives to Solflare
Rabby
EVM users who want pre-signing transaction simulation and approval controls, with low-fee in-wallet swaps across many chains.
0.5%Round trip
Trust Wallet
Mobile-first users who hold assets across many chains (100+) and want in-app swaps, staking and perps in one self-custodial wallet.
1.4%Round trip
Phantom
Solana-first users who want one self-custodial app for swaps, cross-chain swaps, Hyperliquid perps and predictions.
1.7%Round trip
Backpack
Solana and EVM users who want a self-custodial wallet tied to the Backpack/Mad Lads ecosystem and an optional regulated exchange.
1.7%Round trip
Head to head
Where Solflare ranks
- #6 in Best crypto wallets for beginnersof 10
- #7 in Best Solana walletsof 7
- #8 in Best apps to buy crypto and memecoins with Apple Payof 8
- #10 in Best crypto wallets for memecoinsof 10
- #10 in Wallets with the lowest swap feesof 10
- #10 in Best non-custodial crypto walletsof 10
- #10 in Best crypto wallets for iPhoneof 10
Explainers related to Solflare
- What is a cold wallet? (hardware wallets and hot vs cold storage)
- What is an embedded wallet in a trading app? (Privy, Turnkey and custody explained)
- What is freeze authority on a Solana token? (and how it can trap holders)
- What is a seed phrase (recovery phrase) and how should you store it?
Solflare FAQ
Is Solflare legit?
Solflare is a self-custodial Solana wallet run by Solrise Finance Ltd; its team says it has been building since 2020, and its site shows a 4,000,000+ 'population' figure. No security breach of Solflare itself was found in the sources checked. Its debit card paused in July 2026 after issuing partner Kulipa failed.
What fee does Solflare charge on swaps?
Solflare's terms say it may charge fees on token swaps, and quotes are shown in-app, but no swap-fee percentage is published on its help center, website or terms as of October 16, 2026. Solana network fees are usually under $0.01.
How much do Solflare Perps cost?
Trading perps through Solflare costs up to 0.085%, charged on both entry and exit. Solflare currently sponsors Solana network fees and account rent, so you only need USDC. Perps run on Phoenix, a Solana on-chain order book.
Can I use Solflare with Ethereum or Bitcoin?
Solflare is a Solana wallet. Its Bridge feature accepts deposits from Bitcoin, Ethereum, Arbitrum, BNB Chain, Polygon, Tron, NEAR, Base and others through permanent deposit addresses, with funds arriving on Solana.
Is Solflare available in the US?
The wallet itself only excludes sanctioned users in its terms. Solflare Perps are fully blocked for US and UK retail users and in sanctioned jurisdictions.
Sources
Last checked . Fees and terms change often; the venue's own page wins if it disagrees with ours.
- Solflare homepage — checked 2026-10-16
- Solflare Perps — checked 2026-10-16
- Introducing Solflare Perps — checked 2026-10-16
- Getting Started with Solflare Perps (Help Center) — checked 2026-10-16
- How to Swap Tokens within Solflare (Help Center) — checked 2026-10-16
- How to swap tokens using Solflare (guide) — checked 2026-10-16
- Solflare Terms of Service — checked 2026-10-16
- Introducing Bridge: Solflare accepts deposits from every major chain — checked 2026-10-16
- Download Solflare — checked 2026-10-16
- About Solflare — checked 2026-10-16
- Solflare product page — checked 2026-10-16
- Solflare security — checked 2026-10-16
- An Update on Solflare Card — checked 2026-10-16
- xPoints in Solflare — checked 2026-10-16
- Introducing Merchant Cashback — checked 2026-10-16