13 Best DeFi Wallets of 2025
Choosing the best DeFi wallets isn’t as simple as picking any crypto wallet. If you’re into staking, swapping, or using DeFi apps, you need a wallet that actually works for these things. But with so many options out there, how do you know which one is right for you? You’re not alone—many crypto users struggle to find a wallet that’s both secure and easy to use for DeFi.
Now, are there wallets made just for DeFi? Not exactly. Most wallets can store crypto, but the best ones for DeFi let you connect to dApps, trade on DEXs, stake tokens, and manage assets across multiple blockchains.
A solid DeFi wallet should be non-custodial (so you control your private keys), secure, and simple to use on both mobile and desktop. We’ve put together this list based on security, usability, and DeFi compatibility to help you find the right wallet—whether you’re just getting started or already deep into DeFi.
Here are the 13 Best DeFi Wallets of 2025.
1. MetaMask
MetaMask is one of the best DeFi wallets, and it was launched in 2016 by ConsenSys. It started as a browser extension for Ethereum dApps and later expanded to a mobile app for iOS and Android. While it was originally built for Ethereum and ERC-20 tokens, it now supports Layer 2 networks like Polygon, Arbitrum, and Optimism, plus Binance Smart Chain (BSC) and custom networks.
Check out our list of best Ethereum wallets for more.
It’s a non-custodial wallet, meaning you control your private keys. MetaMask makes it easy to connect to DeFi apps, decentralized exchanges (DEXs), and NFT marketplaces. The platform also has a built-in swap feature, letting you trade tokens directly without a centralized exchange.
The main risks come from phishing scams and fake extensions, so users need to be careful. Some people complain about high gas fees, but that’s due to Ethereum’s network congestion, not MetaMask itself.
Overall, MetaMask is a solid choice for DeFi users, especially those who rely on Ethereum-based apps.
2. Phantom Wallet
Phantom, launched in 2021, is designed to offer a smooth and intuitive way to manage crypto assets and access DeFi apps. Created by Brandon Millman and his team, it quickly gained a reputation for its sleek design, fast transactions, and strong security. It makes it easy to swap tokens, stake assets, and connect to DeFi apps. The built-in web3 browser allows users to explore decentralized apps without leaving their wallets.
As a non-custodial wallet, Phantom lets users fully control their assets. Private keys are encrypted on the user’s device, though some users prefer pairing it with a cold wallet, like Ledger, for long-term storage and extra protection.
With its clean interface, smooth performance, and growing features, Phantom is undoubtedly one of the best DeFi wallet apps out there.
3. MathWallet
MathWallet, launched in 2017 by the Math Global Foundation, is a multi-chain wallet that supports over 70 blockchains. It’s built for both beginners and experienced users looking to manage assets across different networks.
The wallet allows users to store, swap, and stake tokens, access NFT marketplaces, and connect to DeFi apps through its built-in dApp browser. It’s available on iOS, Android, web, and as a browser extension, making it easy to use across devices.
As a non-custodial wallet, MathWallet encrypts private keys on the user’s device, but some prefer pairing it with a cold wallet for added security.
Check out our complete list of best non-custodial wallets for more.
While a few users report transfer issues, it remains a reliable choice for many managing assets across multiple chains.
4. BlockWallet
BlockWallet, launched in 2022, is a privacy-first DeFi wallet designed as an alternative to MetaMask. It bundles transactions into smart contracts (kind of like crypto mixers), making them harder to track. Not just that but it also masks IP addresses for added anonymity. In fact, unlike most wallets, BlockWallet doesn’t even collect personal data—not even public wallet addresses.
Despite its strong privacy features, BlockWallet is easy to use. It supports token swaps, multi-chain transactions, and direct crypto purchases. It’s also open-source, offering full transparency, and works with hardware wallets for extra security.
While its focus on privacy is a major plus, some users may hesitate to trust a newer wallet over established options. But for those who prioritize security and anonymity, BlockWallet is one of the best DeFi wallets.
5. Plus Wallet
Launched in late 2024, Plus Wallet is a mobile-first DeFi wallet app for iOS and Android. It supports Bitcoin, Ethereum, Solana, and Arbitrum, letting users store, swap, and manage assets across different blockchains in one app.
Security is a priority. Private keys are stored locally, and Face ID and PIN authentication add extra protection. The wallet also uses advanced encryption to keep funds secure.
What makes Plus Wallet stand out is its reward system. The “Swap to Earn” program rewards users with USDT for token swaps, while “Refer to Earn” lets them earn passive income by inviting friends.
Plus Wallet also offers fast token listings, allowing new tokens to be added in just 15 minutes. This gives users early access to new assets and helps developers launch quickly.
While Plus Wallet is fairly new when compared to the other best DeFi wallets in this list, it has huge potential.
6. Rabby Wallet
Launched in 2021 by DeBank, Rabby Wallet is a self-custodial, open-source DeFi wallet built for better security and user experience. It supports 100+ blockchains, including Ethereum, Arbitrum, and Polygon, and automatically switches networks based on the dApp you’re using.
Security is a priority. Pre-transaction risk scanning warns users of potential threats before confirming transactions, while detailed transaction insights show balance changes before a swap.
The only downside is that the mobile app relies on connected wallets like MetaMask to sign transactions. Other than that, some users report occasional connection issues, but overall, many prefer Rabby for its intuitive interface and seamless dApp compatibility.
7. Coinbase Wallet
Launched in 2018, Coinbase Wallet is a self-custodial DeFi wallet that works separately from the Coinbase exchange. It supports Ethereum, ERC-20 tokens, and other cryptocurrencies, making it a convenient choice for managing digital assets.
It’s available on iOS, Android, and as a browser extension, allowing users to store tokens, interact with dApps, and manage NFTs. Its clean interface makes it a great option for beginners exploring DeFi.
Security features include biometric authentication and a secure passphrase backup, but some users report fund transfer and access issues.
While Coinbase Wallet is one of the best DeFi wallets for new users, experienced DeFi investors might prefer wallets with broader network support and advanced features.
8. Exodus
Founded in 2015, Exodus Wallet is a user-friendly, multi-chain wallet built for both beginners and experienced users. Originally a desktop wallet, it now supports iOS and Android, making crypto management easy on any device.
Exodus works with Bitcoin, Ethereum, Solana, and hundreds of other cryptocurrencies, allowing users to store, swap, and manage assets in one place. Its built-in exchange makes token swaps quick and convenient.
For security, private keys are encrypted on the user’s device, and mobile users get Face ID and fingerprint authentication. It also supports Trezor hardware wallets for extra protection.
With a clean interface, broad crypto support, and built-in trading, Exodus is one of the best DeFi wallets for users who want simplicity without sacrificing functionality.
9. Solflare
Launched in 2020, Solflare Wallet is a non-custodial DeFi wallet built for storing, staking, and managing digital assets. While originally focused on Solana, it now supports NFTs, DeFi platforms, and token swaps.
It’s accessible via web, browser extension, and mobile app, making it easy to track assets across devices. Users can also stake tokens to earn rewards, though some report delays in receiving payouts.
Security is a key feature, with end-to-end encryption and hardware wallet support for added protection. While some users have faced technical issues, the team consistently updates the wallet to improve performance and add new features.
With its user-friendly design, strong security, and growing capabilities, Solflare is one of the best DeFi wallets for users looking for a reliable and secure wallet.
10. Atomic Wallet
Launched in 2017 by Konstantin Gladych, Atomic Wallet supports 300+ cryptocurrencies. It’s available on desktop and as a mobile DeFi wallet app, making it easy to manage assets across devices.
Private keys are stored locally, giving users full control over their funds. The wallet also includes a built-in exchange and allows users to buy crypto with a bank card. Its Atomic Swap technology enables decentralized trading without relying on third parties.
Some users raise concerns about its closed-source code, but Atomic Wallet maintains a strong reputation with regular updates and customer support.
11. Trust Wallet
Launched in 2017 by Viktor Radchenko and acquired by Binance in 2018, Trust Wallet is a non-custodial wallet that supports Ethereum, Bitcoin, Binance Smart Chain, and more.
Users control their private keys, and security features include backup phrases, PIN codes, and biometric authentication. While some ask, “Is Trust Wallet safe?”, it follows industry security standards to protect funds.
Trust Wallet makes it easy to store, swap, and stake cryptocurrencies, as well as access DeFi apps and NFT marketplaces. It’s available on iOS and Android, offering a smooth mobile experience.
With strong security, multi-chain support, and easy DeFi access, Trust Wallet is a top pick for crypto users.
12. Ledger and Trezor
Hardware wallets like Ledger and Trezor are some of the most secure ways to store crypto assets offline, protecting them from hacks and online threats. Launched in 2014, both brands have built strong reputations for security and reliability.
These wallets use PIN codes, passphrases, and secure chips to keep private keys safe. They also integrate with software wallets and DeFi platforms, allowing users to manage assets while keeping them secure.
Learn more about the difference between hardware and software wallets here.
Ledger offers the Ledger Live app, which makes it easy to track balances, stake crypto, and interact with DeFi apps. Trezor, known for its open-source software, provides transparency and regular security updates.
While hardware wallets can be more expensive than software wallets, they are essential for long-term security. For those serious about DeFi and asset protection, Ledger and Trezor are top choices.
Check out our list of best crypto hardware wallets for more options.
FAQ
What is a DeFi wallet?
A DeFi wallet is a non-custodial crypto wallet that lets you store, send, and manage digital assets while using decentralized finance (DeFi) apps. Unlike exchange wallets, you control your private keys, so no one else can access your funds.
DeFi wallets connect to DEXs, staking platforms, and lending protocols, making them essential for swapping, staking, and earning in DeFi. Many, like MetaMask and Trust Wallet, support multiple blockchains and work as mobile apps or browser extensions.
Since they’re self-custodial, losing your recovery phrase means losing your wallet forever—so backing it up is a must.
Can you withdraw from DeFi wallet?
Yes, you can! But it’s a bit different from a traditional exchange. DeFi wallets hold your private keys, meaning you control your crypto. To “withdraw,” you just send your crypto to another wallet or an exchange where you can cash out.
For example, you could transfer your funds to Binance or Coinbase, sell your crypto for cash, and then withdraw to your bank account. Some DeFi wallets even let you swap crypto to fiat directly, but this depends on the wallet and where you live. Always watch out for fees when moving your funds.
Can you make money on a DeFi wallet?
Yes, but a DeFi wallet doesn’t make you money on its own. Instead, it gives you access to DeFi platforms where you can earn rewards in different ways.
Here are some ways to earn and which wallets support them:
- Staking crypto – Trust Wallet, Exodus, Solflare let you stake assets like ETH and SOL for rewards.
- Lending crypto – MetaMask, Coinbase Wallet connect to lending platforms like Aave and Compound.
- Providing liquidity – MetaMask, Rabby Wallet allow you to earn fees by adding liquidity to Uniswap or PancakeSwap. Check out our list of the best liquidity pools.
- Yield farming – MathWallet, Phantom support access to DeFi protocols for farming rewards. Learn more about yield farming here.
- Swap rewards – Plus Wallet offers USDT rewards for token swaps.
Some wallets also have cashback incentives, but always research before investing.
Is Trust Wallet Safe?
Yes, Trust Wallet is safe as long as you protect your private keys. It’s a non-custodial wallet, so you control your funds. Security features include PIN codes, biometrics, and encrypted backups. But since it’s a hot wallet, it’s still vulnerable to hacks. So, use a hardware wallet for extra protection.
Is MetaMask Wallet Safe?
Yes, Similar to Trust Wallet, MetaMask is safe as long as you protect your private keys. It has password protection, encrypted storage, and biometrics (on mobile). But again, since it’s online, it’s at risk of phishing scams and hacks. So, follow best practices to protect your crypto assets.