13 Best DeFi Wallets for 2025

SEO Content Editor

Ihssan El Medkouri

SEO Content Editor

Ihssan El Medkouri

Part of the Team Since

Jul 2024

Author Categories

Meme Coins Altcoins

About Author

Ihssan is a dedicated Content Editor at Cryptonews, where she excels in producing well-researched, insightful content. She has made notable contributions to the cryptocurrency industry, including...

Has Also Written

• 9 Next Altseason Tokens to Buy Ahead of Time in 2025
• 9 Best Base Chain Meme Coins to Buy in 2025
• What Is the Next Dogecoin? Top 10 Contenders
• Is BlockDAG Legit or a Scam? A Detailed Review
• BlockDAG Launch Date: 20 Confirmed Exchange Listings

Author Profile

Share

Copied

Fact Checked by

Tsvetomir Koychev

Content Lead

Tsvetomir Koychev

Part of the Team Since

Feb 2025

Author Categories

Exchanges Wallet Security Crypto Regulation

About Author

Tsvetomir is a Crypto Editor and Writer at Cryptonews, where he produces data-backed and impactful content focused on cryptocurrencies, exchanges, wallets, and blockchain technology.

Has Also Written

• 10 Best Crypto Wallets for January 2026
• 15 Best Crypto Wallets in South Africa for 2025
• Best Crypto Wallets in Australia for December 2025

Author Profile

Ad Disclosure

Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More

Last updated: 

August 28, 2025

According to our research, we recommend Best Wallet as the best crypto DeFi wallet due to its compatibility with 60+ blockchains, direct access to DeFi protocols, and ease of use. This decentralized wallet will also allow you to connect to 330 DEXs and 30 bridges to get the best exchange rates when buying crypto.

Picking the best DeFi wallet is crucial if you want to be involved in decentralized finance. We tested over 40 wallet providers to find the ones that offer the best options for DeFi enthusiasts. We based our ranking criteria on their DeFi features, supported coins and blockchains, security, ease of use, and cost and fees. Our list contains both hot and cold wallets to meet the needs of all types of users, from holders to active traders.

What do our top contenders have to offer? Keep reading to find out!

The Best DeFi Wallets in December 2025 Shortlisted

Overall Best Crypto Wallet

9.7/10

Review

• Non-custodial multi-chain wallet.
• Broad ecosystem of wallet features.
• Portfolio management and market insights within the wallet.

Visit Now

Safe Wallet with Staking and dApps

8.5/10

• Self-custodial crypto wallet with 1M customer base
• Multi-chain support powered by MPC for added security
• Buy, sell, send, receive and connect to Web3 dApps

Visit Now

Best For Seedless, Hardware-Based Storage

9.2/10

• Multi-part backup system that eliminates the need for a recovery seed
• Splits private key into multiple encrypted shards for enhanced security
• Supports over 3,000 cryptocurrencies

Visit Now

The Best DeFi Crypto Wallets in 2025 Reviewed

Now that you know which wallet providers made it to our list, take a look at our detailed reviews to find the one that will best suit your trading style.

1. Best Wallet – Overall Best DeFi Crypto Wallet

Best Wallet is a decentralized software wallet that supports 1,000+ coins and tokens across 60+ blockchains. This multi-chain wallet lets you connect to a wide range of DeFi services, from staking to lending, directly from your Android and iOS devices. Thanks to its integrated DEX, you can swap tokens at the best exchange rates. What’s more, you won’t have to pass KYC verification, which makes Best Wallet one of the best anonymous crypto wallets.

Best Wallet has an intuitive interface. You can connect to various dApps and DeFi protocols by tapping the Apps icon on the navigation bar. The wallet also offers in-app Ethereum staking via Rocket Pool and Lido. If you are looking for new coins to invest in, you’ll find the presale tokens page more than useful.

The wallet also has a native token, called $BEST, which gives its holders lower trading fees and higher staking rewards. The only drawback we discovered is that Best Wallet is only available on mobile, although its browser extension is set to launch in the coming months.

2. Zengo – Best DeFi Wallet for Beginners

Zengo is a non-custodial hot wallet that integrates with 1,000 dApps on the Ethereum blockchain, such as Opensea, Uniswap, and Sandbox. You can use the wallet to conduct cross-chain swaps, manage NFTs, and stake Ethereum and Tezos. To connect to dApps, you only need to scan the provided QR code, which makes Zengo a suitable option for beginners.

You’ll also get to create up to five segregated wallets that you can use for various purposes. For example, you can use one wallet for your DeFi investments and another for day-to-day payments. Zengo is partnered with Changelly and THORChain, so you can swap tokens across multiple blockchains.

Zengo is known for its advanced security features, which include Multi-Party Computation (MPC), 3FA recovery, and NFT spam filter. On the downside, Zengo currently doesn’t support ZK rollup-based apps.

3. Cypherock X1 – Best DeFi Wallet for Cold Storage

Cypherock X1 is recognized as one of the best DeFi wallets for cold storage due to its advanced security feature, Shamir’s Secret Sharing, which splits your private key into five parts, stored on your X1 cards and vault. To make a transaction, you just need to tap one of the cards on the vault.

This non-custodial hardware wallet supports 9,000+ assets across 15+ networks, NFTs, DeFi tokens, and 15+ dApps, such as Lido, Uniswap, Zerion, and Gnosis. To interact with dApps, you need to download its companion app, CySync, which is compatible with Windows, macOS, Linux, Android, and iOS devices.

Cypherock X1 supports BIP39-compatible wallets, such as Ledger, Trezor, Metamask, and Trust Wallet, which makes it ideal for users with multiple wallets and tech-savvy individuals. However, it doesn’t have a built-in swap feature, meaning you’ll have to use its companion app to conduct swaps.

4. Ledger Stax – Best DeFi Wallet for Frequent Traders

Ledger Stax is one of the safest hardware wallets that stands out from the competition with its design, which includes a curved E Ink® touchscreen and multiple embedded magnets that allow you to stack your Ledger devices on top of each other. This makes Stax ideal for day-to-day traders who want to use multiple wallets for their DeFi investments. Moreover, its battery can last up to 10 hours, which is equivalent to 150 transactions.

To interact with DeFi protocols and dApps, you must install the Ledger Live companion app and use the WalletConnect feature. Keep in mind that WalletConnect is currently only available for Ethereum, Polygon, and Binance Smart Chain accounts. Ledger Live supports over 200 dApps, including some of the best DeFi platforms, like Aave, Uniswap, and Lido. You can also use the app to manage 5,500+ cryptocurrencies across 15+ networks, buy, sell, swap, and stake your tokens.

Ledger Live app is compatible with desktop (Windows, macOS, Linux) and mobile devices (Android and iOS). On a negative note, Ledger Stax has a limited storage capacity of 1.8MB. which means you can only have around 10 apps installed simultaneously.

5. Tangem – Best DeFi Wallet for Mobile Trading

Tangem is a mobile-only wallet that supports 16,000+ cryptocurrencies across 85 networks. This crypto DeFi wallet utilizes WalletConnect integration for access to dApps like Uniswap, PancakeSwap, and 1inch. You’ll also get to stake ATOM, BNB, POL (Ethereum), SOL, and TRX via the Tangem app.

Tangem’s stand-out feature is its in-app aggregator (Tangem Express), which lets you buy, sell, and swap cryptocurrencies from both DEXs and CEXs. Moreover, swaps via the Tangem Express do not require KYC verification. To use the wallet, you only need to tap your Tangem card on your phone, which makes it ideal for traders on the go.

On the downside, you’ll need to have an NFC-enabled smartphone to use it, and there’s no desktop version.

6. Ellipal – Best DeFi Wallet for Multi‑Asset Management

Ellipal is a hardware wallet that supports 10,000+ cryptocurrencies, including 50+ stablecoins, across 40+ blockchains. You can also use it to trade and manage NFTs on Ethereum and Polygon, which makes it an ideal wallet for multi-asset management. Although it doesn’t have a built-in dApp browser, Ellipal supports WalletConnect and MetaMask, letting you interact with 200+ dApps on ETH, BNB, AVAX, and POL.

Ellipal has a built-in swap feature powered by Changelly and SWFT, so you’ll get to swap 1,000+ tokens directly from the wallet (no KYC required). You can also use the Ellipal app to stake ATOM, XTZ, DOT, KSM, and ADA (ETH and SOL staking is coming soon).

What might put some users off is the wallet’s complex firmware update process that requires using a microSD card. Tech novices may find this process quite challenging.

7. Binance Wallet – Best for Bridging Binance and DeFi

In 2023, the largest crypto exchange in the world, Binance, launched a software wallet called Binance Wallet. It supports all ERC-20, BSC-20, and BRC-20 tokens across 30+ networks, and integrates with Binance’s ecosystem, meaning you’ll be able to transfer funds between the wallet and the exchange. Thanks to its integrated dApp browser, you’ll get access to DeFi, NFT, GameFi, and other Web3 dApps directly from the wallet.

Binance Wallet is powered by Binance Bridge, which lets you swap tokens across multiple blockchains at excellent rates. Moreover, you can use its dApp library to connect to the most popular DEXs, such as Uniswap and PancakeSwap. We also liked its built-in staking feature, which supports decentralized staking pools for ETH, BNB, USDT, USDC, and DAI.

This is a mobile-only wallet, which means you won’t be able to use it on your desktop. What’s more, you’ll need to have a Binance account.

8. OKX Wallet – Best DeFi Wallet for Advanced Traders

We rank OKX Wallet as one of the best DeFi wallets for advanced traders for several reasons. First, it supports 10 million cryptocurrencies across 130+ networks. Secondly, you can take advantage of its Smart Account feature and Advanced mode. The former lets you pay gas fees with stablecoins, while the latter allows you to adjust slippage settings and monitor market movements in real-time.

The Wallet integrates with 10,000 dApps and 170+ DeFi protocols. It also has a built-in swap aggregator that will allow you to connect to 400+ DEXs across 30 chains. In addition to that, OKX Wallet supports mainstream cross-chain bridges like cBridge, MultiChain, and SWIFT, meaning you’ll be able to transfer assets between Layer 1 and Layer 2 chains.

Thanks to its built-in NFT marketplace, you’ll get to buy, sell, and manage NFTs directly from the wallet, while its DeFi Earn service lets you generate passive income through staking, yield farming, and liquidity pools. On the downside, OKX Wallet is inaccessible in the EEA, and it can’t be integrated with hardware wallets.

9. Bybit Wallet – Best DeFi Wallet for Staking

Bybit Wallet is a software wallet provided by the Bybit exchange. It supports 730+ coins and tokens across 30+ blockchains. Bybit Wallet is ideal for DeFi stakers as it supports liquid staking, Solana staking, and Mantle staking. You can earn interest via multiple DeFi protocols, from Rocket Pool and Swell to Frax Finance and Ankr. Besides single asset staking, Bybit Wallet also supports multi-asset and stablecoin staking, as well as restaking.

You can use the wallet to explore trending dApps, such as Berachain, SoSoValue, CUDIS, Hyperliquid, and Pump.fun, and interact with dApps across multiple blockchain ecosystems, such as Mantle, Ton, and Sui.

After the Bybit exchange was hacked in February 2025, its developers discontinued several Web3 services in May 2025, including Bybit’s cloud and keyless wallet, DEX Pro, swap and bridge feature, and NFT marketplace. On a positive note, Bybit will continue to support its seed phrase wallet, on-chain staking, and dApp services.

10. Coinbase Wallet – Best for Base Chain DeFi Integration

Coinbase Wallet is a non-custodial software wallet that supports 10,000+ assets across all EVM-compatible networks. In July 2025, Coinbase Wallet became the Base app, which now features an open social network and mini apps for gaming and yield farming powered by the Base network. You can use the app to buy, sell, and swap crypto directly within the social feed, interact with dApps on Ethereum, Polygon, and Solana, and gain access to DeFi protocols, like Compound, Aave, and MakerDAO.

Coinbase Wallet has a built-in Base network support, enabling you to interact with Base dApps directly from the wallet. In addition to that, you can manage and store Ethereum, Base, Optimism, Polygon, and Solana NFTs and list them on popular NFT marketplaces like OpenSea and Magic Eden. Coinbase Wallet is available as a mobile app (Android and iOS) and a browser extension, which can be integrated with Ledger hardware wallets.

On the negative side, Coinbase Wallet doesn’t support BCH, ETC, XLM, or XRP. What’s more, its Solana DEX is temporarily disabled.

11. MetaMask – Best Defi Wallet for the Ethereum Ecosystem

MetaMask is a popular crypto DeFi wallet that supports all ETH-based tokens (ERC-20, ERC-721, and ERC-1155) on all EVM-compatible networks. You can also use it to connect to popular Ethereum-based dApps and DeFi protocols, such as Uniswap, 1Inch, and Aave, collect and trade NFTs, and earn rewards by staking ETH (pooled, validator, and liquid staking).

This non-custodial software wallet has a built-in swap feature, allowing you to execute swaps directly from the wallet. You can swap tokens across various networks, including the Ethereum mainnet, Solana, and BNB Smart Chain. However, you’ll have to pay a 0.875% service fee.

MetaMask supports a wide range of hardware wallets, from Ledger and Trezor to Keystone and NGRAVE ZERO. You can connect these hardware wallets to MetaMask via its browser extension and mobile apps. MetaMask’s biggest downside is that it doesn’t support two-factor authentication.

12. Phantom Wallet – Best DeFi Wallet for Solana

Phantom is recognized as one of the best wallets for Solana NFTs due to its built-in NFT gallery, instant sell feature, and smart NFT management tools (pin, hide, burn, and list). You can also connect the wallet to NFT marketplaces like OpenSea, MagicEden, and Blur.io, as well as popular Solana-based dApps and DEXs like Orca and Raydium.

Phantom Wallet has a built-in staking feature that will allow you to earn passive income by staking SOL (native and liquid staking options) and ETH. This non-custodial software wallet also supports cross-chain swaps. You can use its cross-chain swapper tool to bridge tokens across Solana, Ethereum, Base, and Polygon. However, you’ll have to pay a fixed 0.85% service fee.

Phantom Wallet is available as a browser extension and a mobile app. Moreover, its browser extension can be integrated with Ledger devices. On a negative note, the wallet supports only seven blockchains – Solana, Ethereum, Base, Polygon, Sui, Monad Testnet, and Bitcoin (Native/Taproot).

13. Trust Wallet – Best DeFi Wallet For BNB dApps

Trust Wallet is a non-custodial wallet that supports 10 million crypto assets across 110+ blockchains. What makes this hot wallet stand out is its integration with the BNB Smart Chain. This integration will enable you to interact with thousands of dApps within the BNB ecosystem, such as PancakeSwap and BakerySwap. You can also use its built-in dApp browser to gain access to multiple DeFi platforms and NFT marketplaces directly from the wallet.

Trust Wallet has a built-in swap feature that lets you conduct both same-chain and cross-chain swaps, and a built-in staking feature that allows you to stake 24 tokens, such as ETH, SOL, DOT, and TRX. The wallet is available as a mobile app and a browser extension.

Trust Wallet can be integrated with the Ledger hardware wallets and the Binance exchange. Its Buy feature, powered by Binance Connect, lets you buy any token on BNB Chain, Base, and Solana using your bank card, Apple Pay, and Google Pay. However, we noticed that Trust Wallet doesn’t offer a 24/7 live chat, which may be its biggest drawback.

What is a DeFi Crypto Wallet?

Before we explain what is a DeFi wallet, let us first define what DeFi is. DeFi is an acronym for decentralized finance, a financial system that uses public blockchains to enable people to transact with each other without the need for third parties. This means that a DeFi wallet can be described as a digital tool that allows you to gain access to the decentralized finance sector.

Unlike a centralized wallet (CeFi), a DeFi wallet has a non-custodial nature, meaning you’ll have full control over your assets and private keys. You’ll also get to connect to multiple DEXs, staking platforms, and NFT marketplaces, directly from the wallet. A DeFi wallet doesn’t require KYC verification, which makes it ideal for traders who prefer to remain anonymous.

On the other hand, CeFi wallets are more user-friendly since they support fiat currencies, while the same is not the case with DeFi wallets, which support only crypto transactions. This means that you won’t be able to convert your cryptos into fiat. Instead, you’ll have to transfer your assets to a CeFi wallet and exchange them for fiat.

Types of DeFi Wallets

A DeFi wallet can be software or hardware. Software or hot wallets are connected to the Internet, while hardware or cold wallets are physical devices that operate offline. Hot wallets can come in the form of browser extensions, desktop, and mobile apps. Cold wallets usually come with a companion mobile/desktop app.

Software wallets are designed for active trading, meaning they generally support more features, such as dApps browsers, built-in staking and swap tools, portfolio tracking, and NFT galleries. On the other hand, hardware wallets can be integrated with WalletConnect, an open-source protocol that enables wallets to connect to dApps and DeFi protocols.

Some hot wallets can be integrated with cold wallets. For example, Coinbase Wallet, Trust Wallet, and MetaMask work with Ledger, which adds an additional layer of protection. Cold wallets can also be compatible with hot wallets. For example, Ledger Stax is compatible with MetaMask, Phantom, and Crypto.com DeFi Wallet, while Cypherock X1 is compatible with all BIP39 wallets, from Ledger and Trezor to Metamask and Trust Wallet.

Why Use a DeFi Wallet?

DeFi wallets interact with dApps and offer access to DeFi platforms and services, such as staking, yield farming, lending, and borrowing. For example, you can connect to platforms like Aave or Compound to lend and borrow crypto without the need for intermediaries.

You can also connect to staking platforms like Lido or Rocket Pool to earn passive income by staking ETH directly from the wallet. Furthermore, a DeFi wallet will enable you to swap crypto pairs by connecting to popular DEXs, like Uniswap and PancakeSwap, and you’ll get to trade NFTs on marketplaces like OpenSea and Magic Eden.

DeFi wallets support multiple blockchains, which means you’ll be able to manage assets across different networks without the need to switch from one wallet to another. This will enable you to track your crypto transactions more easily and have greater control over your holdings. Plus, you’ll get to choose a network with lower gas fees.

Some hot wallets, like Best Wallet and Coinbase Wallet, will give you the opportunity to invest in new tokens before they get listed on exchanges and participate in ICOs, IDOs, and IEOs directly from their apps. Other wallets, like Phantom, can be integrated with a popular crypto launchpad, Pump.fun, enabling you to buy some of the best Solana meme coins without leaving the wallet.

Are DeFi Wallets Safe?

Generally speaking, a DeFi wallet is more secure than a CeFi wallet since you’ll be holding your private keys, not a third party. However, to be considered the safest crypto wallet, a DeFi wallet must use strong security measures to keep your private keys and funds safe. These can include 2FA, biometrics, real-time monitoring, 12-word recovery phrase, MPC cryptography, PIN recovery, and clear signing. Keep in mind that if you lose your private key, you’ll also lose access to your funds.

That said, a DeFi wallet will never be completely immune to hacks. For example, connecting to a malicious dApp may drain your wallet. The best example of this is the case with BadgerDAO. In 2021, this DeFi protocol became a victim of hackers who managed to steal about $120 million in tokens by injecting a malicious script into its web interface. DeFi platforms are also vulnerable to smart contract bugs, flash loan attacks, and oracle manipulation.

To keep your DeFi wallet safe, never share your private keys, use strong and unique passwords, enable 2FA, make sure that the dApp’s smart contracts are audited, and double-check their URLs.

How to Use a DeFi Crypto Wallet?

Based on our research, Best Wallet took the title of the best DeFi wallet. This is why we’ll use it as an example to show how to create a DeFi wallet in a few simple steps.

Step 1. Download the Best Wallet App

Go to Best Wallet’s official website, tap the Download Best Wallet button (upper-right corner), and scan the QR code on your mobile device. You can also download the app via Google Play and App Store.

Step 2. Create a Passcode

Open the Best Wallet app and tap the Get started button. Enter your email and create a 4-digit passcode. Confirm the passcode by re-entering it. You can choose to back up your wallet or skip this step.

Step 3. Connect to dApps

On the navigation bar, click on the Apps button. Select the dApp you want to interact with and tap the Connect Wallet button.

FAQs