Solflare: keys, security, fees and reviews
In short
- Key control
- Non-custodial: private keys are generated and stored on the user's device; Solflare never holds funds.
- Fees
- Device price: Solflare Shield from $49 (as of 31 October 2026).
- Risks and caveats
- If the recovery phrase is lost and no device is signed in, access cannot be restored; Solflare cannot recover it.
- Checked
- 31 October 2026
Visitor ratings: do you like Solflare?
Key facts
- Official site
- solflare.com
Key facts checked on 31 October 2026 against official sources.
What is Solflare
Solflare is a non-custodial wallet for the Solana blockchain, available as a browser extension and a mobile app, issued by Solrise Finance Ltd (British Virgin Islands). It has been built since 2020 and offers swaps via Jupiter, SOL staking, perpetual futures, a USDC debit card and the Solflare Shield NFC hardware card.
Who holds the keys
| Parameter | Details |
|---|---|
| Key control | Non-custodial: private keys are generated and stored on the user's device; Solflare never holds funds. |
| Seed phrase | 12-word recovery phrase; existing 12- or 24-word phrases can be imported. |
| Recovery | Support cannot see or retrieve a recovery phrase; without the phrase and a signed-in device, access cannot be restored. |
| Account model | No account, email or KYC needed for the wallet; KYC applies to the Solflare Card and third-party fiat on-ramps. |
Features and supported networks
| Parameter | Details |
|---|---|
| Platforms | Browser extension and mobile app (iOS and Android), plus a web version. |
| Supported networks | Solana; a bridge brings funds onto Solana from other major chains. |
| Swaps | In-wallet swaps of any SPL token routed through the Jupiter aggregator; default slippage 0.5%. |
| Staking | Native SOL staking with a chosen validator; unstaking takes one epoch (about 2-4 days). |
| Hardware wallet support | Solflare Shield (own NFC card), Ledger and Keystone. |
| Secure element | Solflare Shield stores keys in a secure element chip; no screen, cable, Bluetooth or battery; signs by NFC tap plus PIN or biometrics. |
| Other products | Perpetual futures via Phoenix and a Mastercard debit card that spends USDC from the wallet. |
Security and audits
- Solflare Guards scan transactions in real time, block known scam sites, check new Solana tokens and warn about spending approvals (delegations).
- The wallet app source code is not public; the solflare-wallet GitHub organisation publishes the scam blocklist, adapters and libraries.
- No third-party audit reports of the wallet are published on Solflare's site.
- Solflare Shield locks itself after several wrong PIN attempts.
Security incidents
| Date | What happened | Source |
|---|---|---|
| 27 October 2026 | Key compromise: Solflare stated that its third-party staking provider reported a security incident on the provider's side affecting the keys it holds for the Solflare validator; the provider was investigating, the validator was not producing rewards, and Solflare said users' SOL was safe. Funds returned: not stated | x.com |
Fees
| Parameter | Details |
|---|---|
| Device price | Solflare Shield from $49 (as of 31 October 2026). |
| Network fees | Solana network fees are paid in SOL; Solflare recommends keeping 0.01-0.05 SOL. |
History
| Date | Event |
|---|---|
| 2020 | Solflare development and community started. |
| — | Described by the vendor as the first Solana wallet. |
| December 2025 | Solflare Shield NFC hardware wallet introduced (help article dated 17 December 2025), integrated with the mobile app. |
Risks and caveats
- If the recovery phrase is lost and no device is signed in, access cannot be restored; Solflare cannot recover it.
- Solana transactions are irreversible; tokens sent to a wrong address cannot be recovered.
- Perpetual futures run on the third-party Phoenix protocol, which publishes its own risk disclosures.
About the developer
- Legal entity
- Solrise Finance Ltd.
- Headquarters
- Road Town, Tortola, British Virgin Islands; marketing by affiliate Blockadopt d.o.o. in Zagreb, Croatia.
- Founded
- 2020
Official links
- Website: www.solflare.com
- Download: www.solflare.com/download
- Security: www.solflare.com/security
- Support: help.solflare.com/en
- Docs: www.solflare.com/faq
- Source code: github.com/solflare-wallet
Questions and answers
Is Solflare self-custodial?
Yes. Keys are generated and stored on the user's device and Solflare never holds funds or sees the recovery phrase.
Which networks does Solflare support?
Solana only; a built-in bridge can move funds from other major chains onto Solana.
Is Solflare open source or audited?
The wallet app code is not public, and no audit reports are published; Solflare open-sources its scam blocklist and libraries.
Does Solflare have a hardware wallet?
Yes. Solflare Shield is an NFC card with a secure element, from $49 (as of 31 October 2026); Ledger and Keystone also work.
Who makes Solflare?
Solrise Finance Ltd, registered in Road Town, British Virgin Islands; it has built the wallet since 2020.
Sources
- Solflare — Home
- Solflare — About
- Solflare — Security
- Solflare — FAQ
- Solflare — Terms of Service
- Solflare Help — How to swap tokens (desktop)
- Solflare Help — Introducing Solflare Shield
More in this section
How voting works
Votes are anonymous and carry no text. Each device has one vote per item; press the same button again to remove it. Cloudflare Turnstile checks that a person is voting. We keep a random device ID in a cookie and a salted hash of the IP address to limit abuse — no names, no accounts. Votes are visitors’ opinions, not investment advice.
Page updated: