MetaMask vs Phantom Overview

MetaMask is a self-custodial wallet launched in 2016 by ConsenSys for the Ethereum network. It primarily focuses on decentralized applications and Ethereum Virtual Machine compatibility. Currently, this popular platform serves over 30 million active users through its browser extension and mobile app.

Phantom is a non-custodial digital wallet founded in 2021, initially targeting the Solana ecosystem. It focuses on speed and a user-friendly interface for managing NFTs or tokens. The service has grown rapidly, supporting 15 million monthly active users across multi-chain blockchain networks.

We summarized the key wallet features in the table below:

MetaMask vs Phantom Supported Networks

MetaMask now provides native multichain support for Ethereum, Solana, Bitcoin, and high-performance networks like Monad or Sei. Users manage 1,000+ EVM chains including Polygon, Arbitrum, Base, and Linea. This unified account system eliminates the need for external non-EVM plugin extensions.

Phantom operates as a premier cross-chain hub supporting Solana, Ethereum, Bitcoin, Polygon, Base, and Sui. It recently included Monad and HyperEVM to improve its ecosystem. This wallet natively manages Ordinals, Rare Sats, and various multi-chain NFTs across 8 major categories.

MetaMask vs Phantom Products

Both platforms offer advanced suites designed to bridge decentralized finance with utility through debit cards, accessible perps trading, and multi-chain asset management.

MetaMask Features

MetaMask has transformed into one comprehensive super-app, integrating native Bitcoin support alongside institutional-grade decentralized finance tools and physical payment solutions.

Explore the top features available in the current version:

• MetaMask Card: Use this physical Mastercard to spend your crypto balance directly at millions of merchants worldwide.
• mUSD Stablecoin: Hold this native dollar-geared asset to earn yield while powering your daily transactions and rewards within the ecosystem.
• Bitcoin Support: Manage native SegWit BTC assets directly alongside your Ethereum and Solana tokens through one unified account interface today.
• Prediction Markets: Access global Polymarket events natively on mobile to trade on sports, politics, and culture without leaving your wallet.
• MetaMask Rewards: Earn points for every swap or bridge transaction to unlock exclusive network discounts and future potential token airdrops.
• Perps Trading: Trade perpetual futures with high leverage through the Hyperliquid integration, providing professional exchange functionality inside a self-custodial environment.
• Portfolio Dashboard: Track all your tokens, NFTs, and DeFi positions across one thousand networks in one clean and organized visual interface.
• MetaMask Snaps: Install community-built plugins to extend wallet functionality for specialized chains like Monad, Sei, and various non-EVM blockchain ecosystems.

Phantom Features

Phantom delivers one streamlined experience by combining high-speed Solana performance with robust multi-chain bridging and innovative social finance features for retail.

The following list highlights the primary products offered here:

• Phantom Cash: Link your crypto to one physical Visa card for instant spending through the dollar-pegged CASH stablecoin at merchants.
• Cross-Chain Swapper: Execute fast trades between Solana, Ethereum, Bitcoin, and Sui using the internal liquidity aggregator for the best rates.
• Prediction Markets: Trade on events outcomes through the Kalshi integration while participating in live chats with many other active users.
• NFT Showcase: Manage your digital collectibles including Bitcoin Ordinals and Rare Sats with high-resolution previews and standard marketplace listing tools.
• Native Staking: Earn rewards on your SOL holdings by delegating to top-tier validators directly through the simplified staking interface today.
• Scam Detection: Protect your assets with Blowfish technology that provides warnings for malicious contracts and known phishing website links.
• Username Profiles: Create one custom readable handle to simplify sending or receiving assets without copying long forty-four character wallet addresses.
• Hyperliquid Perps: Access deep liquidity for perpetual trading across Bitcoin and Ethereum markets with professional-grade speed and very low fees.

MetaMask vs Phantom Perpetuals Support

MetaMask and Phantom have incorporated native perpetual trading capabilities during late 2025 to allow mobile users to execute leveraged futures contracts directly within their self-custodial interfaces via the high-performance Hyperliquid decentralized exchange network.

MetaMask Perps offers up to 40x leverage on 150 crypto assets and various US equities including NVDA or TSLA. Powered by Hyperliquid, this feature provides one-click funding from any EVM network and rewards active traders through the seasonal MetaMask Rewards points system.

Phantom Perps provides native leverage trading via Hyperliquid, reaching over $1,800,000,000 in volume shortly after its 2025 launch. It supports 100 markets with 40x leverage, featuring professional risk management tools like stop-loss orders and PNL tracking for high-frequency Solana and Ethereum traders.

MetaMask vs Phantom Mobile Apps

Mobile accessibility is vital for modern crypto users, and as frequent testers of both platforms, we find that their smartphone applications provide the primary gateway for managing decentralized assets and executing trades.

MetaMask Mobile has undergone a massive 2025 redesign to streamline its multi-chain interface and compatible Snaps. It features a unified dashboard for tracking portfolios across one thousand networks, offering a robust, secure environment for advanced Ethereum and Bitcoin users.

Phantom Mobile excels with its lightning-fast interface and native support for Solana, Ethereum, and Bitcoin assets. The application includes a sleek NFT gallery, integrated cross-chain swapping, and push notifications, making it the most intuitive choice for retail-focused digital asset management.

Our take: While MetaMask remains a powerful tool for power users, we recommend Phantom for mobile use due to its superior speed, cleaner design, and seamless cross-chain navigation.

MetaMask vs Phantom Security

Security remains the most critical factor for crypto wallet users, as both platforms implement advanced encryption and proactive threat detection protocols throughout 2025.

MetaMask Security

MetaMask utilizes a battle-tested security architecture featuring local key encryption, biometric authentication, and open-source code that undergoes frequent independent audits by security firms.

Check out the primary security measures protecting your digital assets:

• LavaMoat Protection: This tool prevents supply chain attacks by sandboxing dependencies to stop malicious packages from exfiltrating your private wallet secrets.
• Blockaid Alerts: Built-in transaction simulation warns users about malicious smart contracts or phishing attempts before they sign any dangerous approvals.
• Social Login: Securely back up your recovery phrase using sharded encryption through your Apple or Google account for easier wallet restoration.
• Hardware Integration: Connect Ledger or Trezor devices to keep private keys offline while managing assets through the familiar browser extension interface.
• Eth Phishing Detect: This native feature automatically flags and blocks known malicious domains to prevent users from accidentally visiting dangerous phishing websites.
• Self-Custodial Model: You maintain absolute control over your private keys, which are encrypted locally on your device rather than company servers.
• Phishing Warning System: The wallet identifies suspicious URLs and displays prominent alerts to protect users from interacting with deceptive web3 application links.

Phantom Security

Phantom emphasizes a user-centric security model, including automated scam filtering, end-to-end encryption, and an active bug bounty program to ensure platform integrity.

Here are the top security features implemented within the wallet:

• Blowfish Technology: Native transaction previews simulate every interaction to provide human-readable warnings regarding potential fund-draining scripts or malicious smart contract calls.
• NFT Spam Filter: Automatically identifies and hides fraudulent digital collectibles to prevent users from interacting with malicious links embedded within metadata.
• Bug Bounty Program: Phantom offers rewards up to fifty thousand dollars to white-hat hackers who discover and report critical system vulnerabilities.
• Privacy Proxy: The wallet masks your IP address when interacting with decentralized applications to enhance user anonymity and prevent location tracking.
• Burn Feature: Users can permanently destroy spam tokens to reclaim small amounts of SOL while cleaning up their wallet interface effectively.
• Ledger Support: Seamlessly connect hardware wallets to ensure that high-value transactions require physical confirmation before being broadcast to the blockchain.
• Proactive Monitoring: The platform utilizes rule-based checks to block malicious domains and fraudulent contract addresses before they reach the user base.

MetaMask vs Phantom Fees

MetaMask applies a 0.875% service fee on all internal swaps and bridge transactions performed through its platform. These costs help fund ongoing development while providing users with a convenient way to find the best liquidity across numerous decentralized exchange aggregators.

Phantom charges a flat 0.85% fee for its standard swap and cross-chain bridge features. This slightly lower rate provides a competitive alternative for traders looking to move assets between Solana, Ethereum, and Bitcoin without manually interacting with external trading protocols.

Is MetaMask Better than Phantom?

MetaMask remains the superior choice for developers and power users who require extensive EVM compatibility and institutional-grade tools. Its massive ecosystem of Snaps and integration with over one thousand networks makes it the definitive standard for decentralized finance across Ethereum.

Conversely, Phantom leads the market in user experience and retail accessibility through its ultra-fast Solana performance and sleek multi-chain interface. It is the premier option for those prioritizing speed, NFT management, and a clean design when navigating the digital economy.

Final Thoughts

Crypto wallets such as MetaMask and Phantom are now full-fledged financial tools, allowing users to spend cryptocurrency with debit cards, trade perpetuals, and access prediction markets.

Deciding between these two giants requires weighing MetaMask’s dominance in the Ethereum ecosystem against Phantom’s streamlined, high-speed approach to multi-chain and Solana integration.

Our team recommends Phantom for most daily users because its unified interface provides a more fluid, modern, and aesthetically pleasing experience for managing digital assets.