The problem
Crypto users juggle clunky wallets and exchanges to hold, swap and trade assets safely across networks
What they do
Self-custody crypto wallet app for trading tokens, perps and prediction markets across chains
Traction 15M+ monthly users, ~$25B self-custodied (Jan 2025); $20M Hyperliquid builder fees on $37B volume in <1 yr
Hiring trend
- Open roles
- 12
- Ops roles
- 1
- Headcount
- ~375-390
Flat-ish, ~375-390 staff (Tracxn May 2026, LinkedIn); 14 open roles, mostly engineering
Hiring in
- Remote (US)
Latest news
Oct 2026
Added native BNB Chain trading after dropping Monad and Sui support to focus on core chains ↗Funding
- Last round
- $150M
- Stage
- Series C
- Date
- Jan 2025
Led by Sequoia Capital, Paradigm
- Hiring+1.512 open roles on the live job board (10–29 roles = +1.5)
- Funding recency+1Series C · $150M, Jan 2025 (21 months ago): 12–24 months = +0.5, $100M+ round +0.5
- Traction+0.75Some growth: 15M+ monthly users, ~$25B self-custodied (Jan 2025); $20M Hyperliquid builder fees on $37B volume in <1 yr
- Red flags0None found in the last 24 months
- Total3.251.5 + 1 + 0.75 − 0 = 3.25 → Steady (1.5–3.49)
Distance (Half) is a separate read on how long the lead can last. It doesn't change the score.
Distance
Half · edge: cheaper at size
Leading Solana wallet and a top multichain wallet with 15M+ users and the largest Hyperliquid distribution; trails MetaMask and Coinbase Wallet overall and rides crypto cycles.
Sources: Fortune Crypto 100: Phantom, 15M+ MAU, $3B valuation (Jun 2026) ↗ · CoinDesk: Phantom largest Hyperliquid distribution partner, deeper into perps (Jun 2026) ↗
Open ops roles · 1
Last checked Oct 25, 2026
