[Wallets](https://revain.org/wallets/) › Solflare

# 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

## Key facts

- **Official site**: [solflare.com](https://www.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](https://x.com/solflare/status/2115223521395896530) |

## 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](https://www.solflare.com/)
- Download: [www.solflare.com/download](https://www.solflare.com/download/)
- Security: [www.solflare.com/security](https://www.solflare.com/security/)
- Support: [help.solflare.com/en](https://help.solflare.com/en/)
- Docs: [www.solflare.com/faq](https://www.solflare.com/faq/)
- Source code: [github.com/solflare-wallet](https://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](https://www.solflare.com/)
- [Solflare — About](https://www.solflare.com/about/)
- [Solflare — Security](https://www.solflare.com/security/)
- [Solflare — FAQ](https://www.solflare.com/faq/)
- [Solflare — Terms of Service](https://www.solflare.com/terms/)
- [Solflare Help — How to swap tokens (desktop)](https://help.solflare.com/en/articles/6134622-how-to-swap-tokens-within-solflare-desktop)
- [Solflare Help — Introducing Solflare Shield](https://help.solflare.com/en/articles/13176925-introducing-solflare-shield-solflare-s-hardware-wallet)

## More in this section

- [Keplr Wallet](https://revain.org/wallets/keplr/)
- [Keystone](https://revain.org/wallets/keystone/)
- [Rainbow](https://revain.org/wallets/rainbow/)
- [Sparrow Wallet](https://revain.org/wallets/sparrow/)
- [Zengo](https://revain.org/wallets/zengo/)
- [Keeper Wallet](https://revain.org/wallets/waves-wallet/)
- [All Wallets →](https://revain.org/wallets/)

## 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: 2026-10-31

---
Source: https://revain.org/wallets/solflare/