Exodus scores 3 points above Electrum, led by key export and account recovery. Exodus ranks #6 and Electrum #9 of 11 published wallets. Every term of the gap is on the ledger below; the inputs are on the audit receipt.
Exodus69
vs
ELElectrum66
Scores are out of 100; published scores fall within 41–99 · ranks #6 and #9 of 11
Exodus scores 3 points above Electrum, led by key export and account recovery.
Exodus #6 of 1169
ELElectrum #9 of 1166
Scores are out of 100; published scores fall within 41–99; a bar is empty at 41 and full at 99.
Why, term by termExodus leads on 2 of 4 published criteria; Electrum on 1. The terms sum to the gap.
TermExodusElectrumWeightPoints
Clear signing2/105/107.2−5.6for Electrum−2.9 of 32
Key export9/106/106.7+5.2for Exodus+2.7 of 32
Account recovery9/106/104.3+3.4for Exodus+1.7 of 32
Net of the terms+3.0
Criteria roundingThe criteria block is rounded to whole points before it is spread−0.1
Reproduced gap+2.9
Published gapAfter score rounding and bounds — see the note below6966+3.0
Weight is in points of the 86-point weighted total. Points are score points of the gap between the two.
Exodus's lead rests on lighter criteria: Electrum is ahead on clear signing, which carries more weight (30) than any criterion Exodus leads on (28).
ExodusScore 69Closed-source multi-device self-custody wallet from an NYSE American-listed issuer: exemplary documented key export and exit, and since 1 October 2026 no screen for signing third-party (dApp) requests at all.Strength: Key export — 9/10Watch-out: Read this before committing: Exodus no longer signs dApp requests on any platform. Mobile lost them first: "WalletConnect and the dApp browser are no longer available in Exodus Mobile" and "you can no longer connect to, manage, or approve requests for web3 connections in Exodus Mobile". Then the browser extension went: "Support for Exodus Web3 Wallet ended on October 1, 2026 .", and in Exodus's words "To keep using dApps or web3 apps, you'll need to use a different wallet that supports web3 connections." (read 28 October 2026). If you used the extension, view its 12-word key before you uninstall it: "If you uninstall the browser extension, you won't be able to view your secret key or reinstall the extension." Two further asymmetries a buyer should price. The wallet is free but the earn side is opaque: Exodus publishes no spread number, and its own 10-K shows five API Providers generating 69.1% of revenue. And the security record is unfalsifiable rather than clean — the HackerOne policy forbids discussing "any vulnerabilities (even resolved ones)" publicly, there is no advisory archive, no third-party audit is published, and the vendor pre-commits that it "will not be able to compensate you for the loss of your funds." Exodus is a strong place to hold, move and eventually LEAVE with your coins — the key-export and exit documentation both score 9/10, among the strongest in this pool — and no place to sign contract calls: its only documented dApp-signing surface, the Web3 Wallet extension, ended on October 1, 2026.ElectrumScore 66The reference Bitcoin desktop and Android wallet since 2011: open source, its own published seed standard, private-key export and a self-disclosed 2018 phishing incident, with a plain preview rather than a scanner before signing.Strength: Key export — 6/10Watch-out: Electrum does not create BIP-39 seeds. Its own seed format is published ("Electrum does not generate BIP39 seeds", electrum.readthedocs.io/en/latest/seedphrase.html, read 2026-10-28), but fewer wallets import it than import BIP-39, so check that the wallet you might move to reads Electrum seeds before relying on the phrase alone. Download it only from electrum.org: in December 2018 malicious servers pushed a fake "update" through the client's error popup, the maintainers disclosed it on their own repository (github.com/spesmilo/electrum/issues/4968), and versions from 3.3.3 on no longer render that text. Bitcoin only.
Quick facts
At a glance
3 of 4 rows read the same for both.
FactExodusElectrum
PricingSnapshot"Are there Exodus wallet fees? Or Exodus transaction fees? How about Exodus swap fees?" — "Exodus doesn't charge any fees, but almost all blockchain transactions will cost a network transaction fee (also known as gas) when you send crypto." The same article qualifies this for the in-app rails: "Buying and selling crypto in Exodus includes a processing fee and a network transaction fee." and "Swaps in Exodus may include a spread and a network transaction fee.", and adds "With Exodus Pay, you can send Cash to other Exodus Pay users without paying network transaction fees." (Exodus help article 8611278, "Does Exodus have transaction fees to send or receive?", read 28 October 2026 on the vendor's Intercom knowledge base, intercom.help/exodus; www.exodus.com answers a Cloudflare challenge). Exodus publishes no number for the spread: "There's no fixed spread, even when swapping the same two assets. Spreads change based on liquidity and market conditions at the time you're making a swap." (article 8598754, read 28 October 2026). The iOS app is free (iTunes Lookup id 1414384820: "Exodus: Crypto & Payments", Free, version 26.10.23, fetched 28 October 2026). The FY2025 Form 10-K discloses the revenue model — an agent's share of third-party API Provider volume: "five API Providers each accounted for more than 10% of our revenues and collectively generated 69.1% of revenue." (sec.gov, exod-20251231.htm, re-read 28 October 2026). So the wallet is free, and the buyer pays through an unpublished spread on rails run by a concentrated set of third parties."Electrum is distributed under the MIT licence by Electrum Technologies GmbH." (electrum.org, fetched 28 October 2026). The same page is the download page for Linux, Windows, macOS and Android and states no price, subscription or service fee; the only cost of a payment is the network fee the user sets. Electrum has no in-app token swap; its submarine swaps between on-chain bitcoin and Lightning run through swap servers whose fees electrum.org does not state.
Asset coverageEditorial——
Region fitSnapshotglobalglobal
Custody modelEditorialSelf-custody: the vendor cannot move funds without your keySelf-custody: the vendor cannot move funds without your key
From the published criteria
Which should you pick?
Exodus
69#6 of 11
Leads
Pick it when
Pick Exodus if key export matters most — it scores 9/10 to Electrum's 6/10 there (weight 28).
Strength
Key export — 9/10
Tradeoff
Read this before committing: Exodus no longer signs dApp requests on any platform. Mobile lost them first: "WalletConnect and the dApp browser are no longer available in Exodus Mobile" and "you can no longer connect to, manage, or approve requests for web3 connections in Exodus Mobile". Then the browser extension went: "Support for Exodus Web3 Wallet ended on October 1, 2026 .", and in Exodus's words "To keep using dApps or web3 apps, you'll need to use a different wallet that supports web3 connections." (read 28 October 2026). If you used the extension, view its 12-word key before you uninstall it: "If you uninstall the browser extension, you won't be able to view your secret key or reinstall the extension." Two further asymmetries a buyer should price. The wallet is free but the earn side is opaque: Exodus publishes no spread number, and its own 10-K shows five API Providers generating 69.1% of revenue. And the security record is unfalsifiable rather than clean — the HackerOne policy forbids discussing "any vulnerabilities (even resolved ones)" publicly, there is no advisory archive, no third-party audit is published, and the vendor pre-commits that it "will not be able to compensate you for the loss of your funds." Exodus is a strong place to hold, move and eventually LEAVE with your coins — the key-export and exit documentation both score 9/10, among the strongest in this pool — and no place to sign contract calls: its only documented dApp-signing surface, the Web3 Wallet extension, ended on October 1, 2026.
EL
Electrum
66#9 of 11
Pick it when
Pick Electrum if clear signing matters most — it scores 5/10 to Exodus's 2/10 there (weight 30).
Strength
Key export — 6/10
Tradeoff
Electrum does not create BIP-39 seeds. Its own seed format is published ("Electrum does not generate BIP39 seeds", electrum.readthedocs.io/en/latest/seedphrase.html, read 2026-10-28), but fewer wallets import it than import BIP-39, so check that the wallet you might move to reads Electrum seeds before relying on the phrase alone. Download it only from electrum.org: in December 2018 malicious servers pushed a fake "update" through the client's error popup, the maintainers disclosed it on their own repository (github.com/spesmilo/electrum/issues/4968), and versions from 3.3.3 on no longer render that text. Bitcoin only.
Self-identify in 10 seconds
Which one is actually for you?
ExodusLeads
Choose Exodus if key export matters most
Key export: 9/10 against 6/10 for Electrum (weight 28)
Account recovery: 9/10 against 6/10 for Electrum (weight 18)
ExodusScore 69Closed-source multi-device self-custody wallet from an NYSE American-listed issuer: exemplary documented key export and exit, and since 1 October 2026 no screen for signing third-party (dApp) requests at all.Strength: Key export — 9/10Watch-out: Read this before committing: Exodus no longer signs dApp requests on any platform. Mobile lost them first: "WalletConnect and the dApp browser are no longer available in Exodus Mobile" and "you can no longer connect to, manage, or approve requests for web3 connections in Exodus Mobile". Then the browser extension went: "Support for Exodus Web3 Wallet ended on October 1, 2026 .", and in Exodus's words "To keep using dApps or web3 apps, you'll need to use a different wallet that supports web3 connections." (read 28 October 2026). If you used the extension, view its 12-word key before you uninstall it: "If you uninstall the browser extension, you won't be able to view your secret key or reinstall the extension." Two further asymmetries a buyer should price. The wallet is free but the earn side is opaque: Exodus publishes no spread number, and its own 10-K shows five API Providers generating 69.1% of revenue. And the security record is unfalsifiable rather than clean — the HackerOne policy forbids discussing "any vulnerabilities (even resolved ones)" publicly, there is no advisory archive, no third-party audit is published, and the vendor pre-commits that it "will not be able to compensate you for the loss of your funds." Exodus is a strong place to hold, move and eventually LEAVE with your coins — the key-export and exit documentation both score 9/10, among the strongest in this pool — and no place to sign contract calls: its only documented dApp-signing surface, the Web3 Wallet extension, ended on October 1, 2026.
ELElectrum
Choose Electrum if clear signing matters most
Clear signing: 5/10 against 2/10 for Exodus (weight 30)
ElectrumScore 66The reference Bitcoin desktop and Android wallet since 2011: open source, its own published seed standard, private-key export and a self-disclosed 2018 phishing incident, with a plain preview rather than a scanner before signing.Strength: Key export — 6/10Watch-out: Electrum does not create BIP-39 seeds. Its own seed format is published ("Electrum does not generate BIP39 seeds", electrum.readthedocs.io/en/latest/seedphrase.html, read 2026-10-28), but fewer wallets import it than import BIP-39, so check that the wallet you might move to reads Electrum seeds before relying on the phrase alone. Download it only from electrum.org: in December 2018 malicious servers pushed a fake "update" through the client's error popup, the maintainers disclosed it on their own repository (github.com/spesmilo/electrum/issues/4968), and versions from 3.3.3 on no longer render that text. Bitcoin only.
Criterion by criterion
Scorecard
Published criteria · weight in points of 868 of 8 cells scored. Strength is read from the evidence file; the weight is the published one. Methodology
Key export
by 3 of 10weight 6.7 of 86Exodus leads
Exodus9/10 out of 10
Electrum6/10 out of 10
Clear signing
by 3 of 10weight 7.2 of 86Electrum leads
Exodus2/10 out of 10
Electrum5/10 out of 10
Incident record
weight 5.8 of 86Tie
Exodus6/10 out of 10
Electrum6/10 out of 10
Account recovery
by 3 of 10weight 4.3 of 86Exodus leads
Exodus9/10 out of 10
Electrum6/10 out of 10
Score dimensions
weights sum to 86
The published score is five dimensions, each weighted for the category. "Published criteria" is the criteria block above; the other four are the engine's own terms — availability, friction, trust record, measured data. Each bar is one side's points out of that dimension's maximum; the weight beside the name is its points of the 86-point weighted total. The published criteria above can fill 24 of the block’s 30. A weight marked “constant here” belongs to a dimension every ranked product in the category holds at the same value: it still counts in the total, and it orders nothing here.
Availabilityweight 20 of 86 · constant here
Exodus14/20Electrum14/20
Tie
Published criteriaweight 30 of 86
Exodus14.8/30Electrum13.7/30
Exodus leads
Frictionweight 10 of 86 · constant here
Exodus2.7/10Electrum2.7/10
Tie
Trust recordweight 8 of 86 · constant here
Exodus3.2/8Electrum3.2/8
Tie
Measured dataweight 18 of 86 · constant here
Exodus8.3/18Electrum8.3/18
Tie
Decision rulePublished order
Choose Exodus unless the term Electrum leads on is the one you are buying.
Pick Electrum if clear signing matters most — it scores 5/10 to Exodus's 2/10 there (weight 30).
The published order weighs every criterion the same way for everyone. To weigh them your way, run .
From the published order
Next best action
If this isn't your case
Other matchups worth comparing
How you can lose money here, and what the ranking scores
Key failure: your own keys are made, shown or recovered unsafely.
Scored by Can I export my own keys and use them elsewhere? · 28% (Exodus 9/10, Electrum 6/10)
Scored by Can I see exactly what I am signing? · 30% (Exodus 2/10, Electrum 5/10)
Scored by What has gone wrong, and did they publish it? · 24% (Exodus 6/10, Electrum 6/10)
Scored by If I lose my device, how do I get back in? · 18% (Exodus 9/10, Electrum 6/10)
Exodus scores 3 points above Electrum, led by key export and account recovery. Published scores, out of 100: Exodus 69 (rank 6 of 11 wallets), Electrum 66 (rank 9 of 11).
ReviewedRe-read in progressOverdue; re-read by 10 November 2026.Methodology v2026.10.18
How this page is reviewed
Reviewed means both products compared here was read against its sources on or after that date; every ranked category is re-read at least every 45 days. Models research, extract and parse. A deterministic engine ranks. Every quote passes an adversarial refute pass.
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