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Backpack Exchange and Phantom compared on the facts each tool states on its own site. Backpack Exchange: Exchange combining US stock brokerage, crypto spot and perps, lending and a self-custody wallet under one account. Phantom: Self-custodial crypto wallet and trading app covering tokens, prediction markets, perps, a Updated 12 Oct 2026.
| Feature | Backpack Exchange | Phantom |
|---|---|---|
| FeesDiffers | Wallet states no fee on swaps and bridges; network fees still apply● | In-wallet swap fee of 0.85% on select pairs plus the network fee; Ledger supported, Trezor and Tangem not supported● |
| Custody | Your wallet signs | Your wallet signs● |
| Audited | — | Yes● |
| Hardware wallet support | Yes● | Yes● |
| Fee per trade | — | 0.85%● |
Compiled from each tool's own website and docs. Values link to their sources in the table above. Anything a site does not state is left out rather than guessed.
Fees: Backpack Exchange is Wallet states no fee on swaps and bridges; network fees still apply. Phantom is In-wallet swap fee of 0.85% on select pairs plus the network fee; Ledger supported, Trezor and Tangem not supported.
