Coin98

What Coin98 does

Coin98 is a Vietnam-headquartered, Singapore-domiciled cryptocurrency software company that builds non-custodial multi-chain Web3 wallets serving individual crypto traders, investors, and DeFi users globally. Its flagship product, the Coin98 Super Wallet, supports 150+ blockchain networks (EVMs, non-EVMs, Layer 1s, Layer 2s) and 20K+ compatible dApps across iOS, Android, Chrome extension, web, and Telegram, claiming 10M+ users across 170+ countries and 34M+ wallet addresses with cumulative trading volume above $1B.

The platform architecture layers trading (SwapX DEX aggregator, perpetual futures via Hyperliquid with up to 40x leverage), payments (Fusion Card Visa debit, Zen Card NFC), and security (Wallet Health with Cypheus AI assistant) on top of the core wallet. AI capabilities are focused on anomaly detection, process automation, and knowledge retrieval for wallet risk scoring and Web3 assistance. The product suite is built around zero-friction onboarding (email, social, or one-click wallet creation) and a Universal Referral program offering up to 50% commission across futures, swaps, and card products.

Coin98 monetizes through three primary streams: (1) 0.04% maker/taker futures trading fees via Hyperliquid, (2) tiered Wallet Health subscriptions at $9.99/month (Pro) and $29.99/month (Ultra), and (3) the C98 token ecosystem. The company raised approximately $16.5M across 2021–2022 from crypto-native investors including Hashed, Multicoin Capital, The Spartan Group, Alameda Research, ParaFi, and Kyber Network, and completed two acquisitions in 2022 (Yunero Studios, CyBall) to expand into Web3 gaming. Go-to-market is product-led and community-led through self-serve distribution and active social communities on Twitter, Discord, and Telegram, with no disclosed enterprise or institutional customer concentration.

Name

Coin98

Legal name

Coin98 Wallet LTD

Website

https://coin98.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Short description

Coin98 builds a non-custodial multi-chain Web3 wallet serving individual crypto traders and DeFi users globally. Its Super Wallet supports 150+ blockchains with integrated trading, crypto debit cards, and AI-powered security, monetizing through futures trading fees and Wallet Health subscriptions.

Ownership category

akta.pro rank

Product category

Crypto Wallet & Web3 Infrastructure

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Smart Contract Wallets / Account Abstraction (MPC/AA, social recovery, paymasters) (FSAPACAB)

akta.pro secondary industries

On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury) (FSAGAMAD), Enterprise Payments & Tokenized Money (stablecoins, tokenized deposits, CBDC rails) (FSAPAIAJ)

Keywords

• Crypto wallet software
• Multi-chain Web3 wallet
• Decentralized trading platform
• Crypto payment card
• DeFi access tools

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Futures Trading Fees: Coin98 charges 0.04% maker/taker fees on perpetual futures trades executed through the Hyperliquid integration. This is a per-transaction fee model where both liquidity providers and takers pay equal fees.
2. Wallet Health Subscription: Tiered subscription model for Wallet Health features: Free tier (basic scanning), Pro tier at $9.99/month (connections, favorite dApps/tokens, approvals, SOL fee recovery), and Ultra tier at $29.99/month (cloud backup, auto-scan).
3. C98 Token Ecosystem: C98 token powers the platform ecosystem including holder airdrops and creator hub incentives. The token likely serves multiple utility functions within the Coin98 ecosystem.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

Coin98 operates Coin98 Super Wallet, a non-custodial multi-chain Web3 wallet supporting 150+ blockchain networks (EVMs, Non-EVMs, Layer 1s, and Layer 2s) that enables crypto storage, spot and perpetual futures trading, token swapping via the SwapX DEX aggregator, and access to 20K+ dApps. The platform layers AI-powered security (Cypheus assistant, Wallet Health), a tiered subscription for advanced protection, and crypto debit cards (Fusion Card, Zen Card) for real-world spending.

Product overview

Coin98 offers a unified platform centered around the Coin98 Super Wallet, which serves as the primary gateway to Web3 with AI-powered security features. The platform architecture includes core wallet products (Coin98 Super Wallet, AI Wallet with Cypheus, Telegram Wallet), card products (Fusion Card for Visa payments, Zen Card for NFC Web3 sharing), trading features (SwapX DEX aggregator, Futures via Hyperliquid), security tools (Wallet Health), and developer tools (Ramper SDKs). The ecosystem is unified through the Universal Referral program and supports 150+ blockchain networks across 34M+ wallet addresses in 170+ countries with over $1B trading volume.

Differentiator

Problem solved

Functional benefit

Brands

• Coin98 Super Wallet: Main mobile and browser extension wallet product supporting 140+ blockchains and 20K+ dApps
• Coin98 AI Wallet
• SwapX
• Coin98 Fusion Card
• Zen Card
• Ramper SDKs
• Universal Referral
• Cypheus

Products and services

• Coin98 Super Wallet A non-custodial decentralized wallet serving as the main gateway to Web3, supporting 150+ blockchain networks and enabling crypto trading, swapping, futures, earning, and dApp exploration with AI-powered security protection for individual crypto users.
• Coin98 AI Wallet (Cypheus) AI-powered wallet featuring Cypheus, a Web3 AI companion providing personalized assistance, real-time insights, proactive protection, and smart automation for secure navigation of Web3 ecosystems.
• Coin98 Telegram Wallet Wallet accessible directly within Telegram, allowing users to create wallets with one click and manage crypto assets through the messaging platform.
• Coin98 Fusion Card A global crypto debit card powered by Visa, enabling seamless crypto payments online and offline at over 150 million merchants worldwide, bridging Web3 identity with real-world spending for individual crypto users.
• Zen Card Next-generation NFC crypto card that lets users securely share their Web3 profile and manage assets with a single tap for instant Web3 identity sharing and connections.
• SwapX DEX aggregator integrated within Coin98 wallet enabling token swapping across multiple blockchain networks for individual crypto traders.
• Futures Trading Perpetual futures trading platform powered by Hyperliquid, offering up to 40x leverage on 100+ markets with full on-chain transparency and zero hidden fees, charging 0.04% maker/taker fees.
• Wallet Health AI-powered security dashboard providing wallet health scores, hidden risk detection, 24/7 protection monitoring, and approval management with tiered subscription plans (Free, Pro at $9.99/month, Ultra at $29.99/month).
• Universal Referral Referral program enabling users to generate Universal Links earning up to 50% commission from Futures, SwapX, and Fusion Card, with tiered Silver/Gold/Platinum levels based on XP requirements.
• Ramper SDKs SDK toolkit enabling developers to integrate crypto on-ramp functionality into their applications.

Quantifiable outcome

• Zero-fee onboarding with email, social, or one-click wallet creation
• +2 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability4 records

Feature6 records

Partnerships

Three partnerships are on record, tiered core.

• DeCardcoreStrategic or Co-development Partner · 21 November 2025DeCard, a Singapore-based card provider, partnered with Coin98 to launch the Coin98 Fusion Card for digital assets in the Asia Pacific region. The card enables seamless crypto spending at over 150 million merchants globally, addressing the gap between crypto adoption and real-world utility in Southeast Asia.
• CyBallcoreStrategic or Co-development Partner · 8 December 2022Coin98 Labs announced the acquisition of CyBall, a Web3 gaming project, as part of its efforts to expand into blockchain gaming and support mainstream adoption of Web3. The acquisition injected funding to further develop CyBall and integrate it into Yunero Studios' portfolio, with the core team remaining intact.
• Yunero StudioscoreStrategic or Co-development Partner · 21 June 2022Coin98 Labs acquired Yunero Studios, a Vietnamese game studio, to accelerate Web3 mass adoption through GameFi. Yunero was developing a play-to-earn NFT game called Rongos as part of its Web3 gaming efforts.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Crypto.com DeFi Wallet: Crypto.com's DeFi Wallet is a non-custodial multi-chain companion to the broader Crypto.com exchange and card ecosystem — overlapping with Coin98's wallet + crypto-Visa-card positioning and serving a similar global retail user base.
• Bybit Wallet (Web3): Bybit's Web3 wallet is a non-custodial multi-chain wallet integrated into a major centralized exchange, offering swap, staking, and on-ramp — overlapping with Coin98's wallet + SwapX + fiat-on-ramp proposition while leveraging Bybit's exchange-side liquidity.

Direct peers

• OKX Wallet: OKX Wallet is a non-custodial multi-chain wallet from the OKX exchange, supporting 100+ networks with built-in DEX, perp futures, and on-ramp — directly comparable to Coin98's combination of wallet + SwapX + Hyperliquid-powered futures.
• MetaMask: MetaMask is the dominant non-custodial multi-chain Web3 wallet (browser extension + mobile) supporting EVMs and an expanding set of L1/L2 networks, with integrated swap and staking — the closest analog to Coin98's Super Wallet in terms of core functionality, distribution, and target user base of self-custody crypto holders.
• Trust Wallet: Trust Wallet (owned by Binance) is a multi-chain non-custodial mobile wallet covering 10M+ assets across 100+ blockchains with integrated DEX access — directly comparable to Coin98's mobile-first, multi-chain wallet proposition, though with deeper exchange-side liquidity integration.
• Safe (formerly Gnosis Safe): Safe is the leading smart-contract-based multi-sig wallet infrastructure for individuals, DAOs, and teams; it is comparable to Coin98 as a non-custodial smart-contract wallet, though Safe specializes in shared/self-custody accounts and Account Abstraction rather than consumer spot/futures trading.
• Phantom Wallet: Phantom is a non-custodial wallet that originated on Solana and expanded into a multi-chain browser/mobile wallet with swap and staking; comparable to Coin98 in target persona (self-custody crypto users), mobile-first UX, and multi-chain roadmap.
• Rainbow Wallet: Rainbow is a mobile-first Ethereum (multi-chain via expansion) wallet known for polished UX and an OpenSea-integrated NFT experience — comparable to Coin98 on the consumer wallet and NFT/asset management UX axis, though narrower in supported networks.
• Exodus Wallet: Exodus is a multi-chain self-custody desktop/mobile wallet supporting 100+ assets with integrated swap and staking — comparable to Coin98's multi-chain wallet and SwapX trading experience, with a similar emphasis on consumer-grade UX.
• Zerion: Zerion is a non-custodial multi-chain wallet with built-in DEX aggregation and portfolio tracking — directly comparable to Coin98's wallet + SwapX aggregator combination, serving the same DeFi-active retail user base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Coin98SuperWallet
• Xx.com/coin98_wallet

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds5 records

Investors46 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments18 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Coin98