Trust Wallet vs Rainbow Trust Wallet leads by 13 points.
Trust Wallet scores 13 points above Rainbow, led by clear signing and incident record. Trust Wallet ranks #3 and Rainbow #8 of 11 published wallets. Every term of the gap is on the ledger below; the inputs are on the audit receipt.
Trust Wallet80
vs
Rainbow67
Scores are out of 100; published scores fall within 41–99 · ranks #3 and #8 of 11
Trust Wallet scores 13 points above Rainbow, led by clear signing and incident record.
Trust Wallet #3 of 1180
Rainbow #8 of 1167
Scores are out of 100; published scores fall within 41–99; a bar is empty at 41 and full at 99.
Why, term by termTrust Wallet leads on 2 of 4 published criteria; Rainbow on 1. The terms sum to the gap.
TermTrust WalletRainbowWeightPoints
Clear signing8/105/107.2+5.6for Trust Wallet+2.9 of 32
Incident record8/102/105.8+9.0for Trust Wallet+4.6 of 32
Account recovery7/109/104.3−2.2for Rainbow−1.2 of 32
Net of the terms+12.4
Criteria roundingThe criteria block is rounded to whole points before it is spread+0.1
Reproduced gap+12.5
Published gapAfter score rounding and bounds — see the note below8067+13.0
Weight is in points of the 86-point weighted total. Points are score points of the gap between the two.
Trust WalletScore 80Mainstream self-custody mobile wallet with a genuinely documented simulate-and-decode signing screen on both platforms — but whose browser extension was supply-chain compromised in December 2025, still cannot export a raw private key, and whose audit register and security page carry no account of its own 2023 key-generation flaw.Strength: Key export — 8/10Watch-out: Read the vendor's own v2.68 post-mortem before you install the browser extension: https://trustwallet.com/blog/company/trust-wallet-browser-extension-v268-incident-community-update. Between 24 and 26 December 2025 an attacker published a backdoored build of the extension straight to the Chrome Web Store using a leaked API key, bypassing Trust Wallet's internal review; the vendor confirms 2,520 wallet addresses drained and approximately $8.5m in assets impacted. Reimbursement is promised but not finished: as of the post's last update on 17 July 2026 it still reads "We are finalizing the reimbursement workflow and ownership verification process", against "over 5,000 claims" for 2,520 verified addresses, and the page's own description calls itself "A work-in-progress update". The extension is also the weaker half of the product on exit: Developer Mode, the only documented private-key export, is "not available on Browser Extension". Separately, no vendor account of the 2022-23 key-generation flaw (CVE-2023-31290, exploited in the wild in December 2022 and March 2023) appears on its security-audit register or its /security page, both re-read on 2026-09-28, despite a published policy that remediated vulnerabilities will be disclosed. If you want Trust Wallet, the mobile app is the surface the evidence supports; treat the extension as the higher-risk, lower-portability half.RainbowScore 67GPL-3.0 open-source EVM wallet whose export and exit docs are unusually complete, wrapped in a vendor that publishes no security surface at all and has repositioned itself as a leveraged-trading app.Strength: Recovery exit — 9/10Watch-out: Read the security surface before you commit, because there isn't one. rainbow.me/security is a 301 to a marketing article whose case for safety is "Rainbow is open source" and a "world class team" — no advisory archive, no linked audit, no bug bounty, and the GitHub Security tab says outright "This project has not set up a SECURITY.md file yet" with zero advisories. Rainbow's own sitemap lists 11 URLs and not one of them is a security page. Everything verifiable about this wallet, you verify yourself from the GPL-3.0 source; nothing is verifiable from the vendor. That matters more in 2026 than it did in 2024, because the app you install today is a leveraged-trading front end — 50x perps via Hyperliquid, prediction markets, $RNBW staking tiers — while the Terms of Use governing it were last updated December 13, 2023, the release-notes feed stops at September 23, 2024, and the App Store listing, refreshed with version 2.0.45 on 2026-09-17, still describes a six-chain Ethereum wallet with no mention of perps. The wallet underneath is genuinely good and genuinely exportable. The company around it stopped publishing.
Quick facts
At a glance
3 of 4 rows read the same for both.
FactTrust WalletRainbow
PricingSnapshotThe wallet is free: "Yes. Trust Wallet is free to download and use on iOS, Android and as a browser extension. Network and service fees apply to transactions such as swaps or buying crypto, and they are shown before you confirm." (FAQ answer in the structured data of trustwallet.com, fetched 28 October 2026). No Trust Wallet swap rate is published on any vendor page loaded on 28 October 2026 — the homepage fee sentence recorded in August, which stated separate stablecoin and other-token swap rates, is gone — and the vendor's own statements now conflict. The swap page says "No, Trust Wallet does not charge any additional service fees for swaps. Any swap fees incurred by users for swapping would be network gas fees and third-party provider fees, which are independent of Trust Wallet." (trustwallet.com/swap, fetched 28 October 2026), and the help centre repeats "Trust Wallet does not charge a service fee - fees shown are from the routing protocol and the underlying networks." (support.trustwallet.com/en/articles/717169-how-to-perform-cross-chain-swaps-in-trust-wallet, fetched 28 October 2026). Yet a campaign post dated 27 August 2026 says "When you swap one eligible stablecoin for another on the same chain, the Trust Wallet swap fee is 0%" and "Each of those swaps normally carries a fee." (trustwallet.com/blog/campaigns/swap-selected-stablecoins-with-0-fees-on-trust-wallet), and a second, dated 16 September 2026, offers "0% Trust Wallet swap fees" on eligible staked and wrapped pairs (trustwallet.com/blog/campaigns/wap-staked-assets-with-0-fees-on-trust-wallet). Read the fee line on the in-app quote; the vendor publishes no percentage.Free to download and use (iTunes lookup for app id 1457119021, fetched 2026-10-28: formattedPrice "Free", version v2.0.46 released 8 October 2026). The only vendor-stated charge on the wallet is on swaps, quoted without a rate, on rainbow.me/support/app/bridge-and-swap-tokens (fetched 28 October 2026): "Rainbow Fee: This is the percentage/amount that Rainbow applies. This fee will always be visible for you to review." No Rainbow page loaded publishes the percentage; the learn.rainbow.me article cited in August now returns HTTP 404. A separate page, rainbow.me/support/app/staking-rnbw (fetched 28 October 2026), prices tiered cashback against that unstated fee: "Silver (5,000) → 25% fee cashback in RNBW. Gold (10,000) → 50% fee cashback in RNBW. Diamond (15,000) → 75% fee cashback in RNBW. Black (20,000) → 100% fee cashback in RNBW." and "When someone unstakes, they pay a 10% exit fee, which is distributed to everyone still staking."
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?
Trust Wallet
80#3 of 11
Leads
Pick it when
Pick Trust Wallet if clear signing matters most — it scores 8/10 to Rainbow's 5/10 there (weight 30).
Strength
Key export — 8/10
Tradeoff
Read the vendor's own v2.68 post-mortem before you install the browser extension: https://trustwallet.com/blog/company/trust-wallet-browser-extension-v268-incident-community-update. Between 24 and 26 December 2025 an attacker published a backdoored build of the extension straight to the Chrome Web Store using a leaked API key, bypassing Trust Wallet's internal review; the vendor confirms 2,520 wallet addresses drained and approximately $8.5m in assets impacted. Reimbursement is promised but not finished: as of the post's last update on 17 July 2026 it still reads "We are finalizing the reimbursement workflow and ownership verification process", against "over 5,000 claims" for 2,520 verified addresses, and the page's own description calls itself "A work-in-progress update". The extension is also the weaker half of the product on exit: Developer Mode, the only documented private-key export, is "not available on Browser Extension". Separately, no vendor account of the 2022-23 key-generation flaw (CVE-2023-31290, exploited in the wild in December 2022 and March 2023) appears on its security-audit register or its /security page, both re-read on 2026-09-28, despite a published policy that remediated vulnerabilities will be disclosed. If you want Trust Wallet, the mobile app is the surface the evidence supports; treat the extension as the higher-risk, lower-portability half.
Rainbow
67#8 of 11
Pick it when
Pick Rainbow if account recovery matters most — it scores 9/10 to Trust Wallet's 7/10 there (weight 18).
Strength
Recovery exit — 9/10
Tradeoff
Read the security surface before you commit, because there isn't one. rainbow.me/security is a 301 to a marketing article whose case for safety is "Rainbow is open source" and a "world class team" — no advisory archive, no linked audit, no bug bounty, and the GitHub Security tab says outright "This project has not set up a SECURITY.md file yet" with zero advisories. Rainbow's own sitemap lists 11 URLs and not one of them is a security page. Everything verifiable about this wallet, you verify yourself from the GPL-3.0 source; nothing is verifiable from the vendor. That matters more in 2026 than it did in 2024, because the app you install today is a leveraged-trading front end — 50x perps via Hyperliquid, prediction markets, $RNBW staking tiers — while the Terms of Use governing it were last updated December 13, 2023, the release-notes feed stops at September 23, 2024, and the App Store listing, refreshed with version 2.0.45 on 2026-09-17, still describes a six-chain Ethereum wallet with no mention of perps. The wallet underneath is genuinely good and genuinely exportable. The company around it stopped publishing.
Self-identify in 10 seconds
Which one is actually for you?
Trust WalletLeads
Choose Trust Wallet if clear signing matters most
Clear signing: 8/10 against 5/10 for Rainbow (weight 30)
Incident record: 8/10 against 2/10 for Rainbow (weight 24)
Trust WalletScore 80Mainstream self-custody mobile wallet with a genuinely documented simulate-and-decode signing screen on both platforms — but whose browser extension was supply-chain compromised in December 2025, still cannot export a raw private key, and whose audit register and security page carry no account of its own 2023 key-generation flaw.Strength: Key export — 8/10Watch-out: Read the vendor's own v2.68 post-mortem before you install the browser extension: https://trustwallet.com/blog/company/trust-wallet-browser-extension-v268-incident-community-update. Between 24 and 26 December 2025 an attacker published a backdoored build of the extension straight to the Chrome Web Store using a leaked API key, bypassing Trust Wallet's internal review; the vendor confirms 2,520 wallet addresses drained and approximately $8.5m in assets impacted. Reimbursement is promised but not finished: as of the post's last update on 17 July 2026 it still reads "We are finalizing the reimbursement workflow and ownership verification process", against "over 5,000 claims" for 2,520 verified addresses, and the page's own description calls itself "A work-in-progress update". The extension is also the weaker half of the product on exit: Developer Mode, the only documented private-key export, is "not available on Browser Extension". Separately, no vendor account of the 2022-23 key-generation flaw (CVE-2023-31290, exploited in the wild in December 2022 and March 2023) appears on its security-audit register or its /security page, both re-read on 2026-09-28, despite a published policy that remediated vulnerabilities will be disclosed. If you want Trust Wallet, the mobile app is the surface the evidence supports; treat the extension as the higher-risk, lower-portability half.
Rainbow
Choose Rainbow if account recovery matters most
Account recovery: 9/10 against 7/10 for Trust Wallet (weight 18)
RainbowScore 67GPL-3.0 open-source EVM wallet whose export and exit docs are unusually complete, wrapped in a vendor that publishes no security surface at all and has repositioned itself as a leveraged-trading app.Strength: Recovery exit — 9/10Watch-out: Read the security surface before you commit, because there isn't one. rainbow.me/security is a 301 to a marketing article whose case for safety is "Rainbow is open source" and a "world class team" — no advisory archive, no linked audit, no bug bounty, and the GitHub Security tab says outright "This project has not set up a SECURITY.md file yet" with zero advisories. Rainbow's own sitemap lists 11 URLs and not one of them is a security page. Everything verifiable about this wallet, you verify yourself from the GPL-3.0 source; nothing is verifiable from the vendor. That matters more in 2026 than it did in 2024, because the app you install today is a leveraged-trading front end — 50x perps via Hyperliquid, prediction markets, $RNBW staking tiers — while the Terms of Use governing it were last updated December 13, 2023, the release-notes feed stops at September 23, 2024, and the App Store listing, refreshed with version 2.0.45 on 2026-09-17, still describes a six-chain Ethereum wallet with no mention of perps. The wallet underneath is genuinely good and genuinely exportable. The company around it stopped publishing.
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
weight 6.7 of 86Tie
Trust Wallet8/10 out of 10
Rainbow8/10 out of 10
Clear signing
by 3 of 10weight 7.2 of 86Trust Wallet leads
Trust Wallet8/10 out of 10
Rainbow5/10 out of 10
Incident record
by 6 of 10weight 5.8 of 86Trust Wallet leads
Trust Wallet8/10 out of 10
Rainbow2/10 out of 10
Account recovery
by 2 of 10weight 4.3 of 86Rainbow leads
Trust Wallet7/10 out of 10
Rainbow9/10 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
Trust Wallet14/20Rainbow14/20
Tie
Published criteriaweight 30 of 86
Trust Wallet18.8/30Rainbow14/30
Trust Wallet leads
Frictionweight 10 of 86 · constant here
Trust Wallet2.7/10Rainbow2.7/10
Tie
Trust recordweight 8 of 86 · constant here
Trust Wallet3.2/8Rainbow3.2/8
Tie
Measured dataweight 18 of 86 · constant here
Trust Wallet8.3/18Rainbow8.3/18
Tie
Decision rulePublished order
Choose Trust Wallet unless the term Rainbow leads on is the one you are buying.
Pick Rainbow if account recovery matters most — it scores 9/10 to Trust Wallet's 7/10 there (weight 18).
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% (Trust Wallet 8/10, Rainbow 8/10)
Scored by Can I see exactly what I am signing? · 30% (Trust Wallet 8/10, Rainbow 5/10)
Scored by What has gone wrong, and did they publish it? · 24% (Trust Wallet 8/10, Rainbow 2/10)
Scored by If I lose my device, how do I get back in? · 18% (Trust Wallet 7/10, Rainbow 9/10)
Trust Wallet scores 13 points above Rainbow, led by clear signing and incident record. Published scores, out of 100: Trust Wallet 80 (rank 3 of 11 wallets), Rainbow 67 (rank 8 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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