Published verdictRanking snapshot 3 November 2026
Rabby Wallet leads by 3 points
Rabby Wallet scores 3 points above Phantom, led by clear signing, key export, and account recovery.
RBRabby Wallet #1 of 1181
Phantom #4 of 1178Why, term by termRabby Wallet leads on 3 of 4 published criteria; Phantom on 1. The terms sum to the gap.
TermRabby WalletPhantomWeightPoints
Clear signing8/107/107.2+1.9for Rabby Wallet+1.0 of 32
Key export9/108/106.7+1.7for Rabby Wallet+0.9 of 32
Incident record7/108/105.8−1.5for Phantom−0.8 of 32
Account recovery8/107/104.3+1.1for Rabby Wallet+0.6 of 32
Net of the terms+3.2
Criteria roundingThe criteria block is rounded to whole points before it is spread+0.1
Reproduced gap+3.4
Published gapAfter score rounding and bounds — see the note below8178+3.0
Weight is in points of the 86-point weighted total. Points are score points of the gap between the two.
Rabby WalletScore 81The reference implementation of pre-signature transparency in this pool, and the product that proves the signing axis actually separates. Rabby is a self-custodial EVM wallet from OPCODE LABS PTE. LTD. (the DeBank team), shipping as an MIT-licensed browser extension, a desktop app and iOS/Android apps. Where most wallets show a confirm button, Rabby's help centre documents an entire pre-signature apparatus: a simulation that previews the exact balance change, a decode that turns calldata into a readable action, a named Security Engine whose heuristics are published rather than hand-waved, and — uniquely in this pool — a hard lockout, "If a risk is detected, the Sign button will be disabled." Key custody is equally plain: one vendor page documents both Backup Seed Phrase and Backup Private Key on both platforms, with no email or account anywhere in the flow. The paperwork is better than it first appears: fourteen dated third-party audit reports across two repositories, from SlowMist, Least Authority and Cure53, spanning 2021-2025 and covering the extension, iOS and Android separately, joined by SlowMist reports dated 2026-08-24 for all three. What is genuinely missing is the disclosure machinery — no bug bounty, no security policy, no advisory archive — and the help centre remains silent on the October 2022 Rabby Swap contract exploit that cost users roughly $194,000, an event the vendor did in fact disclose on the day, on X, but never on its own website.Strength: Key export — 9/10Watch-out: Read the incident record before the feature list. Rabby is the strongest pre-signature product in this pool and among the weakest at maintaining a place to tell you when it has failed. There is no bug bounty (zero occurrences of "bount" anywhere in the homepage bundle or the help centre), no SECURITY.md (GitHub states outright "No security policy detected"), no security.txt, no advisory archive, no security@ contact and no postmortem page anywhere on rabby.io or support.rabby.io — so a researcher has no published private channel to report a vulnerability. On 2022-10-11 the Rabby Swap contract was drained of roughly $194,000 of user funds via approvals granted to it. In fairness the vendor did disclose it the same day on X, with a list of affected addresses, the four exploited contract addresses and revoke instructions — but that thread is now the ONLY disclosure that exists, and nearly four years on Rabby's own website and help centre still contain no mention of the event, nor any confirmation that the promised "satisfying solution for users within 1 week" was ever delivered. Weigh that against what IS published, which is more than it first appears: fourteen dated third-party audit reports across two repositories, from SlowMist, Least Authority and Cure53, spanning 2021-2025, with iOS and Android audited separately, and the extension set linked from a "Security & Transparency" section on Rabby's own homepage. Better than most of this pool, and newly refreshed: since August, SlowMist reports dated 2026-08-24 for the extension, iOS and Android have been added to the two repositories' audits/2026 folders. Three narrower things before committing. First, the protection you are buying is documented and sold for the EXTENSION: the Chrome Web Store listing advertises "pre-transaction potential risk scanning" and "upcoming balance change before you sign", while Rabby's own App Store and Google Play descriptions claim neither, so do not assume the mobile app is the same object. Second, no Rabby page ever prints "BIP-39" or a derivation path — verified zero hits across every vendor surface — so if you later want to restore your phrase into a different wallet you will be cycling HD-path options by trial and error. Third, the open-source guarantee is uneven: the extension's code is under an MIT grant (its LICENSE adds that "Brand name and logo of Rabby is copyright reserved", and GitHub reports the licence as NOASSERTION), but the mobile repository carries no licence file at all, so its published source grants no formal right to rebuild it if the vendor disappears.PhantomScore 78The Solana-native software wallet turned multichain money app, whose default new-user account now keeps its private key in a Phantom-run enclave that will not export it.Strength: Key export — 8/10Watch-out: Read 'Understanding Phantom KMS' before you commit, because the wallet a new user actually gets is not the wallet the reviews describe. The documented default is "create a new wallet with Google or Apple", and those wallets run on Phantom KMS, where "Wallet keys are stored remotely in a secure enclave, not on your device" and "the Show Private Key option is not available for these accounts." Every signature on that account is a request to Phantom's KMS API, authorised in a vendor-run Policy Engine enclave before a Signer enclave returns the signature - and no published audit covers KMS, because the audit repository has not been pushed since 2024-07-05. Since the August 2026 migration your Google or Apple account is the single factor protecting the wallet, and the vendor's own documentation has not caught up: one page (2026-08-15) says the four-digit PIN is gone while three others (2026-06-12, 2026-07-12 and the 2026-08-16 sign-in page itself) still require or prompt for it. The mitigation is real, portable and easy to skip: export the 12-word BIP-39 phrase from Settings > Security & Privacy > Show Recovery Phrase the day you install, because Phantom states it "works in any compatible wallet app" and, without it, "If you are logged out of Phantom on all devices and can't access your Google or Apple account, your wallet cannot be recovered." Two further traps: restoring by Google or Apple "restores only your first account automatically, regardless of how many accounts your wallet had before", so a multi-account user should restore from the phrase instead; and if you want keys on your own device from the start you must onboard on the browser extension, because a recovery-phrase wallet cannot be created in the mobile app at all.