What SubWallet does

SubWallet is a non-custodial Web3 wallet company headquartered in Hanoi, Vietnam, with 11-50 employees. The company builds and operates a unified multi-chain wallet product suite — a browser extension (Chrome, Firefox, Edge, Brave), native iOS and Android applications, and a web-based dashboard — that supports 150+ networks, 450+ tokens, and 80+ decentralized applications across the Polkadot, Substrate, Ethereum, TON, Bitcoin, and Cardano ecosystems. Its core technical differentiator is deep native support for Substrate-based chains, including XCM cross-chain transfers, parachain staking and crowdloan participation, multi-standard NFT management (RMRK, Unique, Acala, Quartz, Statemine), and hardware wallet integration with Polkadot Vault, Ledger, and Keystone. The product is fully open source on GitHub under the Koniverse organization, and the codebase has passed Verichains' independent security audit twice.

The company's business model is a freemium, product-led growth approach targeting the long tail of individual Web3 users. The wallet is free to download and use with no disclosed subscription, transaction, or swap fees. Monetization, as described in the source material, flows from partnership economics with the 70+ DApp and parachain projects it has integrated — including Acala, Astar, Moonbeam, Bifrost, Phala Network, HydraDX, Manta, and Zenlink — through mechanisms such as integration fees, token listing arrangements, and affiliate/referral revenue sharing. The go-to-market is community-led and ecosystem-driven, leveraging the Polkadot Ambassador Program, developer relations on GitHub, Telegram, and Discord, and direct distribution through app stores. Adjacent products include SubWallet Connect (a developer SDK for DApp integration) and dotinsights (a Polkadot ecosystem analytics platform). Leadership consists of CEO and co-founder Hieu Dao and co-founder Frankie Kao; the company is privately held with no disclosed funding rounds, revenue figures, or parent organization.

Name

SubWallet

Legal name

SubWallet

Website

https://subwallet.app

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

SubWallet is a privately-held, Vietnam-based non-custodial Web3 wallet serving crypto users across Polkadot, Substrate, Ethereum, TON, Bitcoin, and Cardano ecosystems via browser extension, mobile, and web dashboard, with deep parachain integrations and an open-source codebase.

Ownership category

akta.pro rank

Product category

Cryptocurrency Wallet Software

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Finance Services (6199)

akta.pro primary industry

Cross-Chain Wallet & Asset Routing Infrastructure (FSADACAJ)

akta.pro secondary industry

Wallet Infrastructure (SDKs, Wallet-as-a-Service) (FSADACAD)

Keywords

• Non-custodial crypto wallet
• Multi-chain web3 wallet
• Blockchain asset management
• Decentralized finance wallet
• Polkadot substrate wallet

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Markets served

GTM type

B2C

Offering type

Software

Cost components

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

Revenue model

1. Ecosystem Integration & Token Support: Revenue is generated through integration partnerships with blockchain ecosystems and DApps. As a gateway to Web3, SubWallet monetizes through partnerships, potentially through token listing fees, integration fees, or future token economics.
2. DApp Integration Partnerships: SubWallet integrates with 70+ DApps across the Polkadot ecosystem, potentially generating revenue through partnership agreements, referral arrangements, or fee-sharing models with integrated protocols.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels13 records

Core offering

SubWallet is a non-custodial Web3 wallet that enables users to manage crypto assets, NFTs, staking, and cross-chain transfers across 150+ networks, 450+ tokens, and 80+ dApps in the Polkadot, Substrate, Ethereum, TON, and Bitcoin ecosystems. The product is distributed as a browser extension, a mobile app, and a web dashboard, and is positioned as a unified multi-chain gateway with hardware wallet support and open-source transparency.

Product overview

SubWallet is a unified multi-chain Web3 wallet product suite consisting of three main platform offerings: SubWallet Extension (browser plugin for Chrome, Brave, Firefox, Edge), SubWallet Mobile (iOS & Android app), and SubWallet Web Dashboard (web-based portfolio manager). The products share a common architecture supporting 150+ networks, 450+ tokens, and 80+ dApps across Polkadot, Substrate, Ethereum, TON, Cardano, and Bitcoin ecosystems. The suite also includes SubWallet Connect as a developer integration toolkit and dotinsights as an ecosystem analytics platform.

Differentiator

Problem solved

Functional benefit

Products and services

• SubWallet Extension Browser extension wallet for Chrome, Brave, Firefox, and Microsoft Edge that provides non-custodial access to Polkadot, Substrate, Ethereum, TON, and Bitcoin assets directly from the browser, with staking, swaps, NFT management, cross-chain transfers, hardware wallet connectivity, and WalletConnect-based DApp interaction.
• SubWallet Mobile Native mobile wallet application for iOS and Android that enables users to manage crypto assets, stake, swap, manage NFTs, and interact with DApps across Polkadot and Ethereum ecosystems on the go.
• SubWallet Web Dashboard Web-based one-stop dashboard for managing crypto assets with full user control, including WalletConnect integration for DApp connections, transaction history, portfolio statistics, and advanced network management.
• SubWallet Connect Developer toolkit and demo app for integrating SubWallet and other Polkadot/Kusama wallets into decentralized applications via the injectedWeb3 interface, including example code and integration guides.
• Dotinsights Analytics and insights platform for the Polkadot ecosystem that provides market data, ecosystem statistics, and project information to help users track and understand the direction of Polkadot projects.

Quantifiable outcome

• 150+ networks supported including Polkadot relaychains, parachains, EVM networks, TON, and Bitcoin
• +3 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration36 records

Feature10 records

Partnerships

25 partnerships are on record, tiered core and flagship.

• PolkadotcoreTechnology or IntegrationSubWallet is recognized as a core ecosystem wallet for the Polkadot network, featured on the official Polkadot wiki and integrated deeply with Polkadot's infrastructure including XCM cross-chain transfers.
• MoonbeamcoreTechnology or IntegrationSubWallet supports Moonbeam and Moonriver networks with full EVM compatibility, enabling users to interact with DeFi protocols and manage GLMR and MOVR tokens.
• SubstratecoreTechnology or IntegrationSubWallet is featured as an ecosystem project on Substrate.io, leveraging Substrate's framework for building blockchain applications.
• Polkadot Vault (Parity Signer)coreTechnology or IntegrationSubWallet supports connecting Polkadot Vault (formerly Parity Signer) hardware wallets for enhanced cold storage security of user assets.
• LedgercoreTechnology or IntegrationSubWallet integrates with Ledger hardware wallets, allowing users to connect their Ledger devices for secure transaction signing.
• KeystonecoreTechnology or IntegrationSubWallet supports Keystone hardware wallet integration for air-gapped security and multi-signature asset management.
• ChainPatrolcoreTechnology or IntegrationSubWallet integrates ChainPatrol's phishing list database to protect users from fraudulent websites and scams.
• Polkadot {.js}coreTechnology or IntegrationSubWallet integrates Polkadot {.js} phishing lists for enhanced security protection against scams and malicious sites.
• VerichainscoreTechnology or IntegrationVerichains conducted independent security audits of SubWallet's codebase, providing certification of security compliance.
• WalletConnectcoreTechnology or IntegrationSubWallet integrates WalletConnect protocol to enable secure connection between the wallet and decentralized applications.
• SubscancoreTechnology or IntegrationSubWallet integrates with Subscan for transaction exploration and provides API key configuration support for authenticated access.
• AcalaflagshipTechnology or IntegrationFinished integration allowing SubWallet users to access Acala's DeFi protocols, manage aUSD stablecoin, and participate in liquidity provision.
• Astar NetworkflagshipTechnology or IntegrationCompleted integration with Astar Network and Astar zkEVM, enabling users to manage ASTR tokens, interact with dApps on the network, and participate in staking.
• Bifrost FinanceflagshipTechnology or IntegrationIntegration with Bifrost for liquid staking services and cross-chain asset management within the Polkadot ecosystem.
• Phala NetworkflagshipTechnology or IntegrationCompleted integration with Phala Network for accessing confidential computing services and managing PHA tokens.
• HydraDXflagshipTechnology or IntegrationIntegration with HydraDX and Basilisk for AMM functionality and cross-chain liquidity provision.
• Manta NetworkflagshipTechnology or IntegrationIntegration with Manta Atlantic and Manta Pacific for private DeFi operations and Manta Pay transactions.
• ZenlinkflagshipTechnology or IntegrationIntegration with Zenlink DEX protocol for token swaps and liquidity provision across Polkadot parachains.
• KodaDOTflagshipTechnology or IntegrationIntegration with KodaDOT NFT marketplace for NFT trading and collection management.
• Singular (RMRK)flagshipTechnology or IntegrationIntegration with Singular marketplace for RMRK 1.0 and 2.0 NFT standards, supporting NFT minting and trading.
• Sub.IDflagshipTechnology or IntegrationIntegration with Sub.ID for on-chain identity and address book management within the Substrate ecosystem.
• StellaSwapflagshipTechnology or IntegrationIntegration with StellaSwap DEX on Moonbeam for token swaps and yield farming opportunities.
• EquilibriumflagshipTechnology or IntegrationIntegration with Equilibrium for lending, borrowing, and synthetic asset services.
• InterlayflagshipTechnology or IntegrationIntegration with Interlay and Kintsugi for cross-chain Bitcoin assets (iBTC, kBTC) and bridge services.
• Parachain Projects (70+)flagshipTechnology or IntegrationSubWallet has completed integrations with over 70 projects in the Polkadot and Kusama ecosystems including Moonriver, Shiden, Karura, Kintugi, Darwinia, Genshiro, Litentry, OriginTrail, Crust, Gear Technologies, Nodle, Joystream, and many more.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Exodus Wallet: Long-standing multi-chain desktop and mobile wallet with support for 50+ networks including some Substrate assets. Serves a similar self-custody, multi-chain user and competes on breadth of supported assets and user experience.
• OKX Wallet: Exchange-issued multi-chain self-custody wallet supporting 60+ networks including EVM, Solana, and Cosmos. Competes for the same broad multi-chain retail user and benefits from OKX's distribution and capital.
• Trust Wallet: Binance-owned multi-chain mobile and extension wallet supporting dozens of networks. Comparable in multi-chain breadth and consumer-led distribution, and an incumbent alternative for users who want a single wallet across many chains.

Direct peers

• Talisman: Non-custodial wallet purpose-built for Polkadot, Kusama, and Ethereum. Closest direct competitor to SubWallet in the Substrate ecosystem, offering similar parachain, staking, and XCM features and competing head-to-head for Polkadot-native users.
• Rabby Wallet: DeBank-developed multi-chain EVM wallet with strong power-user positioning and chain-aware UX. Competes with SubWallet for the advanced multi-chain user segment and could extend Substrate support as the ecosystem grows.
• Nova Wallet: Polkadot-focused mobile-first non-custodial wallet supporting Polkadot, Kusama, and parachains. Targets the same Polkadot-native user segment as SubWallet with overlapping features including staking, crowdloans, and cross-chain transfers.
• Phantom Wallet: Multi-chain non-custodial wallet (Solana, Ethereum, Polygon, Bitcoin) with a consumer-first UX. Competes with SubWallet for the multi-chain retail wallet segment and has the brand and funding to expand into additional ecosystems, including Substrate.
• polkadot.js extension: The official Parity-built browser extension for the Polkadot/Substrate ecosystem. Functions as a wallet for accounts, signing, and dApp interaction; SubWallet explicitly positions itself as a more user-friendly, multi-chain successor that several ecosystem leaders publicly migrated away from.
• MetaMask: Consensys-backed browser and mobile non-custodial wallet supporting Ethereum and EVM networks. Competes directly with SubWallet for multi-chain wallet share and is the dominant general-purpose wallet against which SubWallet differentiates on Substrate/Polkadot support.
• Fearless Wallet (SubWallet-app legacy): Earlier mobile-first Substrate/Polkadot wallet with overlapping feature set including staking, crowdloans, and parachain support. SubWallet emerged from related roots and competes for the same mobile, Polkadot-native audience.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/subwalletapp
• GitHubgithub.com/Koniverse/SubWallet-Extension
• YouTubeyoutube.com/@subwallet
• LinkedInlinkedin.com/company/subwallet

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about SubWallet