HashPack
HashPack is a non-custodial cryptocurrency wallet for the Hedera blockchain, serving over 90% of the network's monthly active users with 1M+ accounts and $1B+ in user wallets. It monetizes via swap fees, NFT marketplace and fiat onramp commissions, and the PACK utility token.
- Company typePrivate
- Founded2021
- HeadquartersWyoming, United States
- Headcount1–10
- GTM typeB2C
- OfferingSoftware
What HashPack does
HashPack is a non-custodial cryptocurrency wallet purpose-built for the Hedera blockchain network, serving as the dominant user interface for the ecosystem with over 90% of monthly active users and more than 1 million accounts created. The company, founded in 2021 and operating from Wyoming with a 1-10 person team led by co-founders May Chan (CEO), Tyler Coté (CTO), and Jacob D'Rozario (CPO), distributes the wallet across iOS, Android, Chrome, and a browser-based web app. Its core technology includes HashConnect (a Hedera WalletConnect implementation used by ecosystem developers), Magic-powered email onboarding, hardware wallet integration with Ledger, D'CENT, and Citadel, biometric authentication, SHA512 local encryption, and a Quantstamp security audit.
The product surface extends well beyond key management to include in-wallet token swaps (SaucerSwap), an NFT marketplace (SentX with a 2% take rate), cross-chain swaps (LetsExchange across 300+ networks), Secure Trade V2 peer-to-peer trading, a built-in block explorer, and the PACK utility token (Token ID 0.0.4794920) which powers governance via HashVote, store purchases, 5% APR staking, and PackBack swap rewards. Distribution channels include the major app stores plus listings for PACK on Kraken, Gate.io, MEXC, SaucerSwap, and Ahora, alongside fiat onramps through Banxa and MoonPay (2% commission).
HashPack monetizes primarily through transaction-based fees: in-wallet swap fees, the 2% NFT marketplace fee, and the 2% fiat onramp commission, supplemented by PACK token utility. The company is privately held with no disclosed institutional equity funding beyond a 2022 grant from the Hedera Foundation, and joined the Hedera Council as a Community Partner in January 2026. Go-to-market is product-led and community-led, targeting Hedera ecosystem users, Hedera dApp developers, crypto newcomers attracted by email-based onboarding, and enterprise teams requiring audited wallet infrastructure.
HashPack firmographics
Firmographics- Name
- HashPack
- Legal name
- HashPack
- Website
- https://hashpack.app
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- HashPack is a non-custodial cryptocurrency wallet for the Hedera blockchain, serving over 90% of the network's monthly active users with 1M+ accounts and $1B+ in user wallets. It monetizes via swap fees, NFT marketplace and fiat onramp commissions, and the PACK utility token.
- Ownership category
- akta.pro rank
HashPack industry classification
Industry- Product category
- Crypto Wallet Software
- akta.pro primary industry
- Self-Custody Wallets (Consumer & Institutional) (FSADACAE)
- akta.pro secondary industries
- Wallet Infrastructure (SDKs, Wallet-as-a-Service) (FSADACAD), Wallet Connectivity & Session Protocols (WalletConnect, deep links, QR, auth sessions) (FSAPACAF), Cross-Chain Wallet & Asset Routing Infrastructure (FSADACAJ), Mobile Wallets (NFC Tap-to-Pay / HCE) (FSAMAEAB)
Keywords
Where HashPack is headquartered
LocationHeadquarters
- HQ city
- Wyoming
- HQ country
- United States
- HQ region
- North America
Markets served
HashPack business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- In-Wallet Token Swap Fees: HashPack charges fees for in-wallet token swap services. Transaction fees are displayed on the approval screen before submission.
- NFT Marketplace Fees: HashPack charges a 2% market fee on all NFT sales through the in-wallet SentX marketplace.
- Fiat Onramp Commissions: HashPack receives a 2% commission on each HBAR and USDC purchase made through Banxa and MoonPay integrations within the wallet.
- PACK Token Utility: PACK token serves as the official utility token for HashPack, used for store purchases, governance and voting, staking rewards, and collaborative opportunities.
- Service Fees: HashPack may charge fees for specific services within the Software (e.g., in-wallet token swaps). Fees are displayed on approval screen before transaction submission.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free wallet access with basic features |
| Transaction based/ take rate | Pay-as-you-go | NFT marketplace with 2% sales fee |
| Transaction based/ take rate | Pay-as-you-go | Fiat onramp with 2% commission |
| Usage-based | Annual | PACK staking at 5% APR |
Go-to-market motion3 records
Distribution channels10 records
Marketing channels9 records
HashPack product offering
Product offeringCore offering
HashPack is a non-custodial cryptocurrency wallet serving as the primary gateway to the Hedera blockchain network, available on iOS, Android, Chrome extension, and browser. The wallet enables users to manage HBAR and HTS tokens, access DeFi protocols, trade NFTs, stake PACK tokens, swap tokens across chains, and interact with dApps via the HashConnect (Hedera WalletConnect) library.
Product overview
HashPack is a unified non-custodial wallet platform providing comprehensive access to the Hedera ecosystem. The core product is the HashPack Wallet, available across iOS, Android, Chrome extension, and browser. It integrates HashConnect (WalletConnect implementation) for dApp connectivity, and offers multiple sub-products including HashVote (governance), HashPack Card (debit card), Collectibles (NFT gallery), Explorer, and the HashPack Store (NFT marketplace for themes). The platform's native utility token is PACK (Token ID: 0.0.4794920), which enables store purchases, governance participation, and PackBack rewards. Additional features include in-wallet token swaps (powered by SaucerSwap), NFT Market (via SentX), PACK Staking (5% APR), Secure Trade V2 (P2P trading), and Email Onboarding (via Magic). The platform serves over 90% of Hedera's monthly active users.
Differentiator
Problem solved
Functional benefit
Brands
- PACK: Official utility token for HashPack wallet ecosystem, used for governance, store purchases, and staking rewards.
- xPACK
- HashConnect
- HashVote
- HashPack Store
- HashPack Card
- HashPack Collectibles
Products and services
- HashPack Wallet Non-custodial cryptocurrency wallet serving as the primary gateway to the Hedera blockchain network. Available on iOS, Android, Chrome extension, and browser-based platforms. Serves over 90% of Hedera's monthly active users with 1 million+ accounts created and over $1 billion in user wallets.
- HashConnect Hedera WalletConnect implementation enabling secure interaction with Hedera dApps and smart contracts. Provides a WalletConnect library (JavaScript SDK) for mobile and web developers to integrate HashPack connectivity and reach 90%+ of Hedera ecosystem users.
- PACK Token Official utility token for HashPack with Token ID 0.0.4794920. Used for store purchases, governance and voting, staking rewards (5% APR via xPACK), and PackBack in-wallet swap rewards. Tradable on Kraken, SaucerSwap, Gate.io, MEXC, and Ahora.
- HashPack Card Debit card product enabling HashPack users to spend their cryptocurrency holdings.
- HashVote Governance and voting platform for HashPack initiatives and PACK token holders. Enables community participation in protocol decisions and ecosystem proposals.
Quantifiable outcome
- Over 90% of Hedera's monthly active users use HashPack
- +4 more outcomes
Companies that use HashPack
Customer profileNamed customers7 records
Segments4 records
Ideal customer profiles3 records
HashPack technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration28 records
Feature10 records
HashPack partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core and strategic.
- Magic LabscoreHashPack integrated Magic's embedded wallet infrastructure to enable email-based wallet creation. Magic provides TEE-Secured Key Management System (TKMS) with AWS Nitro Enclaves and Shamir Secret Sharing, eliminating seed phrase friction while maintaining non-custodial security.
- Hedera CouncilcoreHashPack joined the Hedera Council as a Community Partner alongside Hashgraph Online and Genfinity, bringing specialized capabilities in non-custodial wallet services, developer tooling, and ecosystem communication.
- SaucerSwapcorePrice oracle and token swaps powered by SaucerSwap, the pioneering DEX on Hedera. HashPack integrates SaucerSwap for in-wallet token swapping functionality.
- SentXcoreIn-wallet NFT marketplace and launchpad powered by SentX. HashPack users can access SentX NFT marketplace directly from within the wallet.
- HgraphcoreHedera network APIs, GraphQL and analytics partner. Hgraph powers core wallet functionality including HashPack's snapshot tool, enabling instant retrieval of all token holders. HashPack also uses Hgraph's custom Grafana analytics dashboard suite for operational visibility.
- GenfinitystrategicContent, marketing and community engagement partner for HashPack.
- LetsExchangestrategicHashPack integrated LetsExchange API to enable cross-chain swaps within its interface. LetsExchange routing engine provides access to over 5,000 cryptocurrencies and 300+ blockchain networks. Plans for joint ecosystem initiatives focused on education, community engagement, and broader adoption.
- LedgercoreHashPack integrates seamlessly and securely with Ledger hardware wallets (Nano X, Nano S Plus, Nano S). Users can create or import accounts using Ledger devices.
- D'CENT WalletstrategicHashPack partnered with D'CENT Wallet to integrate their hardware wallet solution, joining the strength of both solutions for Hedera ecosystem users.
- HashportstrategicHashPack is live on Hashport, enabling cross-chain bridge functionality for the Hedera ecosystem.
- WalletConnectcoreHashPack is integrated with WalletConnect, allowing users to connect their HashPack wallet to dApps using the Hedera WalletConnect standard.
- DeRec AlliancestrategicHashPack participates in the DeRec Alliance initiative for recovery standards in the Hedera ecosystem.
- BanxastrategicHashPack uses Banxa for fiat-to-crypto onramping, allowing users to purchase HBAR and USDC with debit/credit cards directly in the wallet.
- MoonPaystrategicHashPack uses MoonPay as an alternative fiat onramp provider for purchasing HBAR and USDC with debit/credit cards.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
HashPack competitors and assessment
Company assessmentDirect peers
- MetaMask: MetaMask is the leading non-custodial crypto wallet with multi-chain support, serving tens of millions of users. It is the most direct competitor in the consumer/developer crypto wallet category and could add Hedera support to compete with HashPack.
- Phantom: Phantom is a non-custodial wallet that became dominant in the Solana ecosystem with a model structurally analogous to HashPack's dominance in Hedera (chain-specific wallet UX leadership, NFT and DeFi integration). Comparable niche-chain wallet playbook.
- Trust Wallet: Trust Wallet is Binance's non-custodial multi-chain consumer wallet supporting millions of assets across many blockchains. Comparable in product offering (mobile wallet, swaps, staking, dApp browser) and target market (consumer crypto users).
- Exodus: Exodus is a multi-chain non-custodial wallet with desktop and mobile apps, built-in swaps, and staking features. Directly comparable in offering (self-custody, swaps, staking, NFT support) and customer base (consumer crypto users).
- Rainbow Wallet: Rainbow is a consumer-focused Ethereum and L2 non-custodial wallet known for strong UX, similar to how HashPack differentiates on UX within Hedera. Comparable positioning as a design-led, chain-focused consumer wallet.
- MyEtherWallet: MyEtherWallet is a long-standing non-custodial Ethereum wallet and interface. Comparable as a community-driven, non-custodial wallet serving a specific blockchain ecosystem with deep integration into that ecosystem's dApps.
Broad incumbents
- Coinbase Wallet: Coinbase Wallet is Coinbase's self-custody product offering, part of a broader portfolio that includes a centralized exchange, custody, and onramps. Comparable as a non-custodial wallet but with vastly larger resources and broader functionality.
Others
- Magic Labs: Magic Labs provides embedded wallet infrastructure (TEE-secured key management, AWS Nitro Enclaves, social recovery) that HashPack uses for email onboarding. Relevant as an enabling technology provider and potential adjacent competitor in white-label wallet solutions.
- WalletConnect: WalletConnect is the protocol-level standard for connecting wallets to dApps, integrated by HashPack via HashConnect. Relevant as ecosystem infrastructure rather than a direct competitor, but represents the open standard HashPack's connectivity layer competes against.
- SaucerSwap: SaucerSwap is the leading DEX on Hedera and a core integration partner powering HashPack's in-wallet token swaps. Not a competitor but a tightly coupled ecosystem partner; relevant for understanding HashPack's Hedera-niche competitive dynamics.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
HashPack social profiles
Digital presenceHashPack compliance and trust
Trust signalCompliance1 record
HashPack financial estimates
Financial estimateRevenue estimate
Valuation estimate
HashPack leadership team
Management profileNumber of profiles
Profiles5 records
HashPack funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
HashPack M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about HashPack
What does HashPack do?
HashPack is a non-custodial cryptocurrency wallet serving as the primary gateway to the Hedera blockchain network, available on iOS, Android, Chrome extension, and browser. The wallet enables users to manage HBAR and HTS tokens, access DeFi protocols, trade NFTs, stake PACK tokens, swap tokens across chains, and interact with dApps via the HashConnect (Hedera WalletConnect) library.
Is HashPack a public or private company?
HashPack is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was HashPack founded?
HashPack was founded in 2021. It employs 1 to 10 people.
Where is HashPack based?
HashPack is headquartered in Wyoming, United States, in the North America region.
How does HashPack make money?
Five revenue lines are on record. In-Wallet Token Swap Fees are the primary driver. The others are NFT Marketplace Fees, fiat Onramp Commissions, PACK Token Utility and service Fees.
Who are HashPack's main competitors?
Direct peers on record are MetaMask, Phantom, Trust Wallet, Exodus, Rainbow Wallet and MyEtherWallet. Coinbase Wallet is listed as a broad incumbent. Others are Magic Labs, WalletConnect and SaucerSwap.
Does HashPack have an API?
Yes. Hedera WalletConnect allows developers to interact securely with Hedera dApps and smart contracts using HashPack to approve transactions while keeping private keys secure. HashConnect provides WalletConnect library for mobile and web developers. Documentation available at https://docs.hashpack.app/hashpack-documentation/introduction. Developer documentation is at docs.hashpack.app/hashpack-documentation/introduction.
What industry is HashPack in?
HashPack's product category is Crypto Wallet Software. Its primary akta.pro industry code is FSADACAE, Self-Custody Wallets (Consumer & Institutional), with a secondary code of FSADACAD, Wallet Infrastructure (SDKs, Wallet-as-a-Service).