Phantom's website preview

Well Run profileThe Chase Pack · #368 of 720

Position 368

Phantom

Self-custody crypto wallet app for trading tokens, perps and prediction markets across chains

Pace
5:20/kmSteady3.25
Distance
Distance Half.
Open ops roles
1
Last week
#314
Move
▼ 54
Peak
#314
Weeks in the 100
0
The Chart →
Rank and score over time
Board rank
#304#335#366#314Oct 18#356Oct 25
Pace score
02463.3Oct 183.3Oct 25

One point per Sunday re-rank, tracking since Oct 18. The lines fill in week by week.

Phantom runs in the Steady lane (5:20/km): 2 of 196. Further right = more momentum. No competitors on the board yet, so it runs alone.
Total raised
~$268M (per Forbes)see rounds ↓
Founded
2021
HQ
San Francisco, CA

Leadership

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)

Funding

Last round
$150M
Stage
Series C
Date
Jan 2025

Led by Sequoia Capital, Paradigm

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) ↗

Last checked Oct 25, 2026

Funding historyTotal raised ~$268M (per Forbes)

  1. Jan 2025Series C$150Mat $3BLed by Sequoia Capital, Paradigm phantom.com ↗
  2. Jan 2022Series B$109Mat $1.2BLed by Paradigm app.dealroom.co ↗
  3. Jul 2021Series A$9MLed by Andreessen Horowitz app.dealroom.co ↗

Profile facts checked Oct 19, 2026. Every fact links to its public source.

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