Defly Wallet vs Squirrel Wallet
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
Defly Wallet
This mobile wallet provides a comprehensive platform for decentralized finance on the Algorand blockchain. It integrates charting, swapping, and portfolio monitoring tools, offering secure, local storage of private keys for enhanced independence and security.
- DeFi trading
- Real-time portfolio monitoring
- Algorand ecosystem integration
- Local and encrypted private key storage
- Charts and stats
- Swapping and sending funds
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Defly is Algorand’s first DeFi wallet redefining decentralized trading. Charts, swaps, stats, wallets in one mobile Algorand wallet. We combined the best features of traditional crypto trading and real-time portfolio monitoring with the independence and security of DEFI. The Defly Wallet connects to the Algorand ecosystem. It links to any existing Algorand account and displays analytics and stats based on the publicly available data on the blockchain. For the full feature set (swapping and sending funds) the app can safely store your private keys. These keys are stored locally and fully encrypted. Defly Wallet is an official partner of the Algorand Foundation.
Squirrel Wallet
Manage your digital assets securely with a non-custodial cryptocurrency wallet. It offers social recovery, supports over 105 blockchains, and provides tools for swapping tokens, viewing NFTs, and exploring DApps.
- Non-custodial control of digital assets
- Social recovery via Guardians
- Support for 105+ blockchains
- Token swapping and NFT viewing
- Integrated DApp browser
- Email-based login and recovery
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Squirrel Wallet is a non-custodial cryptocurrency wallet that gives users full control of their digital assets with enhanced security and usability. With a redesigned interface, social recovery via Guardians, and support for over 105 blockchains, Squirrel Wallet makes managing crypto and Web3 assets simple and secure. The app supports a wide range of networks including Ethereum, Polygon, Binance Smart Chain, Avalanche, and more. It includes powerful tools like token swapping, NFT viewing, a DApp browser, and access to tokenized real-world assets (RWAs). Features: Guardian Recovery: Secure social recovery without seed phrases using trusted contacts. Multichain Support: View and manage tokens across 105+ blockchain networks. Swap Tokens: Seamlessly exchange supported tokens within the app. Earn Section: Discover potential yield opportunities (availability may vary by region). NFT and Token Auto-Detection: Instantly view your assets with no manual imports. Email-Based Login: No need to manage private keys—login with email and recover with Guardians. Integrated DApp Browser: Explore decentralized apps and DeFi protocols. RWA Marketplace: Access tokenized assets with transparency and on-chain verification. Transaction Simulation: Review potential outcomes before confirming smart contract interactions. Secure, Non-Custodial: Your private keys are never stored or accessed by Squirrel Wallet. Squirrel Wallet is designed to be beginner-friendly while offering the advanced features power users expect—without ever storing your keys or assets on our servers. Disclaimers: Squirrel Wallet does not provide financial advice or offer custodial services. Cryptocurrency and digital asset transactions involve risk, and users are responsible for their own investments. Features like "Earn" and RWA access may not be available in all regions.
Screenshots
Verdict
The clearest difference is ratings volume: Defly Wallet at 176 against Squirrel Wallet's 1. On price, rating, update cadence and ads there is nothing between them.
Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS
Both are free to download. Neither carries in-app purchases, so what you see is what you pay.
Squirrel Wallet holds the better App Store score, 5.0 against 4.8. That said, the two scores are not equally well evidenced: Defly Wallet has 176 ratings behind it against 1, so its average is the more settled of the two.
Defly Wallet ships an update every 6 weeks, Squirrel Wallet every 2 months. The most recent releases landed on August 13, 2026 and July 7, 2026 respectively.
| Parameter | Defly Wallet | Squirrel Wallet |
|---|---|---|
| Price | Free | Free |
| Rating | 4.8 (176 ratings) | 5.0 (1 ratings) — better |
| Positive reviews | 93.8% of reviews | — |
| Number of ratings | 176 — better | 1 |
| Update frequency | Every 6 weeks — better | Every 2 months |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free | Free |
| Devices | iPhone, iPad | iPhone, iPod |
| Requires iOS | 16.0 | 15.1 — better |
| Further details — not scored | ||
| Size | 66 MB | 286 MB |
| Age rating | 4+ | 17+ |
| Developer | Blockshake GmbH | Squirrel Wallet Inc |
Customer experience
Defly Wallet
Squirrel Wallet
Bugs and requests
Defly Wallet
Reported bugs
3 issues- Transaction went bad, no community help
- Pull-down refresh on market screen doesn’t refresh ASA prices properly
- Swap guaranteed price not honored, lost money
Requested features
10 requests- Export P&L for tax reporting
- Support for signing transactions with Ledger
- More attractive UI with better color schemes
- Proper light/dark mode
- Streaming prices (Goracle?)
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- Vestige charting features for each asset
- More education on tokenomics and rewards
- Tap for tracking all Algorand ecosystem coin prices
- Viewing NFTs
- Fiat on-ramps
Squirrel Wallet
Not enough reviews yet to summarise bugs or requests.
In-app purchases
Defly Wallet
No in-app purchases
Squirrel Wallet
No in-app purchases
Questions
Is Defly Wallet free?
Is Squirrel Wallet free?
Which has better reviews, Defly Wallet or Squirrel Wallet?
Do Defly Wallet or Squirrel Wallet have ads?
Which is updated more often, Defly Wallet or Squirrel Wallet?
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