What is Phantom wallet?

Phantom is a self-custody wallet used to view assets, send transactions and interact with applications on supported blockchains. It is available as a browser extension and mobile app. Assets are recorded on-chain; the wallet provides the interface for managing accounts and signing transactions.

Is an account the same as a network?

A Phantom account can contain addresses for several networks. A Solana address and an Ethereum address are not interchangeable. A familiar address format does not prove that an unsupported network will work in the app.

Example

Alex wants to receive 50 USDC in a Phantom account. If the sender uses Solana, Alex shares the receiving address for that account on Solana. Seeing an Ethereum option in the same wallet does not move those 50 USDC to Ethereum. Selecting a network and transferring assets between chains are different actions.

Recovering access depends on the account’s own recovery method. Independently imported accounts can require separate backups; the app password alone does not restore everything. The general relationship between signing keys and balances is explained in our crypto wallet definition.

Our Phantom wallet review examines how network support, account backups and swap charges affect the choice, using official screens and a worked cost example.