Overview
Phantom is a user-first cryptocurrency wallet built for the Solana blockchain and expanding to multichain Web3 experiences. It offers an intuitive interface for managing tokens, NFTs, and decentralized applications (dApps) while keeping user security and private keys top of mind. This presentation covers Phantom's core capabilities, security design, real-world use cases, and links to official resources so you can get started quickly and confidently.
Key Features
1. Native Solana Experience
Phantom was designed around Solana’s speed and low fees. The wallet streamlines token swaps, staking, and NFT handling with instant confirmations and a clean UX. Users can connect to Solana dApps without juggling multiple extensions or complex settings.
2. Multichain & Token Support
While Solana is the foundation, Phantom has expanded support for additional networks and wrapped assets to offer broader token compatibility and bridging options. This enables users to hold and interact with tokens across multiple ecosystems from the same interface.
3. Built-in Swap & DeFi Integrations
Phantom integrates with leading Solana AMMs and liquidity providers. Users can compare swap routes, view price impact, and execute trades directly in-wallet — reducing friction and preserving privacy compared to custodial exchanges.
4. NFT Gallery & Collections
Phantom aggregates on-chain NFTs into a sleek gallery view with collection-level details. Creators and collectors benefit from fast previews, metadata support, and a frictionless transfer flow.
5. Mobile & Browser Extension
Phantom is available as a browser extension (for Chromium-based browsers) and as a mobile app on iOS/Android. Cross-device synchronization and deep linking to dApps make it easy to move between desktop browsing and on-the-go transactions.
Security Model
Non-Custodial Ownership
Phantom is non-custodial: private keys and seed phrases stay with the user. This ensures you alone control access to your funds. The wallet provides secure key storage, encrypted locally on your device.
Seed Phrase & Recovery
During onboarding Phantom guides users to safely back up their recovery phrase. It also supports hardware wallet integrations (e.g., Ledger) for users who require an additional layer of cold storage security.
Permissioned dApp Interactions
Phantom surfaces clear, human-readable transaction details before signing. The wallet isolates dApp permissions so users can review and revoke access to accounts and approvals — minimising accidental or malicious transactions.
Open Source Components
Portions of Phantom’s client code and tooling are open source, enabling audits and community review. This transparency helps security researchers verify functionality and helps the community flag issues quickly.
Getting Started — Quick Steps
- Install the Phantom browser extension or mobile app.
- Create a new wallet and write down your recovery phrase in a secure place.
- Fund your wallet with SOL or SPL tokens to interact with dApps.
- Connect to a trusted dApp, review permissions, and sign transactions as needed.
Pro tip: use a hardware wallet for significant holdings and only connect to audited dApps. Always verify URLs and avoid pasting seed phrases into websites.
Real-World Use Cases
Phantom is used for collecting NFTs, participating in Solana-based DeFi, playing blockchain games, and accessing token-gated communities. Developers also rely on Phantom when building dApps because it offers predictable connection flows and consistent signing UX.
Design & UX Highlights
Phantom focuses on clear visual cues: transaction previews, gasless-looking UX where possible, and minimal friction for everyday crypto actions. The color palette and responsive layout prioritize readability and trust signals during signing steps.