close
close
Companies
Phantom
Onramp

Phantom

Phantom is the leading wallet for Solana

Ody's Take

Phantom is the leading Solana wallet. If you’re new to crypto, we recommend using Phantom’s friendly UX to explore Solana’s thriving NFT and DeFi ecosystem.

Phantom raised $100M+ in January 2022 after reaching 2M+ monthly active users. The team is actively hiring.

What is Phantom?

Phantom is the #1 wallet for Solana, a popular blockchain that offers fast and cheap transactions (<$0.00025). Phantom is available on both web and mobile and provides:

  1. Intuitive UX that’s clean and fun to use compared to wallets like Metamask.
  2. Security features such as biometrics, 1Password, and Ledger support.
  3. Robust use cases such as staking SOL, swapping tokens, and showcasing your NFTs.

You can send and receive tokens through Phantom just like any other crypto wallet. In addition, Phantom supports the following:

  1. View and trade NFTs. You can tap on an NFT to see its description and properties. Tap “Send” if you want to give the NFT to another wallet. 
  2. Swap tokens. You can swap any two tokens that Phantom supports (e.g., SOL, USDC, Raydium).
  3. See your recent activity. You can see all of your recent transactions and whether they succeeded or failed.

How to use Phantom?

To use Phantom, you need to:

  1. Set up the wallet
  2. Get some SOL
  3. Explore Solana’s ecosystem
1. Set up the wallet

To set up Phantom:

  1. Download Phantom on web and mobile.
  2. Create a new wallet and set a password.
  3. Write down your secret recovery phrase and never share it with anyone.

Check out our guides on How to use a hot wallet? and How to avoid wallet scams? for more information.

2. Get some SOL

Now that you have a wallet set up, you should deposit some tokens. Here’s how you can get some SOL (Solana’s native token):

Solana Wallet SOL


  1. Use your credit card: Tap “Buy with Moonpay” and follow the steps to verify your identity and buy some SOL using your credit card.
  2. Transfer SOL from elsewhere: Buy SOL on exchanges (e.g., Coinbase, Gemini, FTX) and then transfer it to your Phantom wallet by copying and pasting its public address.

3. Explore Solana’s NFT and DeFi ecosystem

Solana has a thriving NFT and DeFi ecosystem. You can explore by connecting your wallet to:

  1. Solana NFT marketplaces like Magic Eden 
  2. Solana DeFi protocols like Orca (decentralized exchange), Solend (lending platform), and Mango (DyDx)

Check out our NFT and DeFi learning paths for more information.

What’s next for Phantom?

Phantom’s goal is to become “the mainstream, user-friendly gateway to web3.” It’s investing in:

  1. Onboarding users and developers on to Web3: Helping users discover dapps from the wallet and helping developers integrate with Phantom.
  2. Innovating on the multi-chain wallet user experience: Push the boundaries of what wallets can do both from a utility and a security perspective on multiple blockchains.
  3. Scaling the team: Growing the Phantom team, particularly on the product development and community support fronts, as the Phantom user base expands.

How to work for Phantom?

Check out Phantom’s jobs page or join our Odyssey DAO community to ask questions about using Phantom.

Further reading

What’s a Rich Text element?

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

Static and dynamic content editing

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

How to customize formatting for each rich text

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.

What’s a Rich Text element?

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

Static and dynamic content editing

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

How to customize formatting for each rich text

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.

Coming soon