Backpack vs Phantom
Backpack and Phantom are both wallets, and traders often weigh one against the other. Here's how they compare on the fee you'll actually pay, where they run, and what each does better. Plus the one official link for each, because both get cloned.
| Backpack | Phantom | |
|---|---|---|
| Fee | Free wallet · 0% Backpack fee on swaps | Free wallet · 0.85% on select swap pairs |
| Works on | Extension, iOS, Android | Extension, iOS, Android |
| Best for | Wallet plus exchange | One wallet for everything |
| Lanes | Wallets | Wallets, Trading apps |
| Official link | backpack.app | phantom.com |
| Official Telegram | None listed | None listed |
| Open | Open Backpack | Open Phantom |
Fees: how they compare
Neither charges a per-trade fee. Backpack: free wallet · 0% Backpack fee on swaps. Phantom: free wallet · 0.85% on select swap pairs.
Where they run
Both work on Extension, iOS and Android.
Real talk, side by side
Backpack
Why people use it
- Wallet and exchange in one ecosystem
- Multichain wallet
- Mobile apps
Why people leave
- Exchange availability depends on your country
- Fewer memecoin-specific features
Phantom
Why people use it
- Easy to use, widely supported
- Transaction previews and scam warnings
- Extension and mobile apps
Why people leave
- Swap fee higher than using a DEX directly
- Hot wallet: not for long-term savings
Which should you pick?
Pick Backpack if you want wallet plus exchange, or wallet and exchange in one ecosystem.
Pick Phantom if you want one wallet for everything, or easy to use, widely supported.
Whichever you choose, open it from the official link above, never from a DM, and keep only trading funds in its wallet.
Backpack vs Phantom FAQ
Is Backpack cheaper than Phantom?
Backpack: free wallet · 0% Backpack fee on swaps. Phantom: free wallet · 0.85% on select swap pairs. Network and priority fees apply to both.
What's the difference between Backpack and Phantom?
Backpack: wallet plus exchange from the same team, easy to move between them. Phantom: the most used Solana wallet, with built-in swaps and scam warnings.
What are the official Backpack and Phantom links?
Backpack's official address is backpack.app. Phantom's is phantom.com. Ignore links sent in DMs.
Can I use Backpack and Phantom together?
Yes. Many traders run two tools at once, for example one for discovery and one for execution. Keep separate wallets and only trading funds in each.