Defly Wallet vs Haystack Trading
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
Read full descriptionHide full description
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.
Haystack Trading
Easily discover, buy, and sell digital tokens on the Algorand blockchain. Convert cash to crypto quickly using various payment methods and manage your holdings with a self-custodial wallet. Earn rewards by inviting friends to trade.
- Discover trending Algorand tokens
- Buy and sell tokens easily
- Cash deposits via credit card, Apple Pay, Coinbase
- Self-custodial wallet for full control
- Earn referral rewards
- QR code token transfers
Read full descriptionHide full description
Haystack is the easiest way to discover, buy, and sell tokens on Algorand. Convert cash to crypto in minutes. Easy Deposit & Withdrawal ■ Make cash deposits with credit cards, Apple Pay, or your Coinbase account. ■ Cash out your holdings at any time directly to your Coinbase account. ■ Send tokens directly to your wallet using QR codes or by copying your address. Discover Algorand Tokens ■ See trending tokens that people are buying most. ■ Get live updates about hot tokens and track your holdings. ■ Search and explore high-quality tokens with proven liquidity. ■ Boost your favorite tokens to feature them prominently in trending lists. Stay in Control ■ Sign in easily with your Google account - no complex passwords needed. ■ Own your funds. Haystack is a self-custodial wallet that only you have control over. We can never access or freeze your funds. ■ Export your wallet keys at any time. Earn Rewards ■ Invite friends and earn a percentage of their trading fees forever. ■ Build your crypto portfolio while earning from referrals. Support & Terms ■ Have feedback? Please contact us at https://support.hay.app ■ Terms of Use available at https://hay.app/terms Disclosures Haystack is not an exchange and provides no investment advice, offers, solicitations, or recommendations. Digital assets are highly speculative and may experience significant and unpredictable market price volatility. Users should expect no profit or return and may lose their entire investment. Fiat-crypto conversion provided by Coinbase Global, Inc. All transactions occur on-chain via your self-custodial wallet. Haystack charges transaction fees that vary with network conditions. Haystack is a visual interface to decentralized exchanges on Algorand and does not exchange, develop, create, maintain, or endorse any digital asset. Price data may be inaccurate or delayed.
Screenshots
Verdict
The clearest difference is update cadence: Haystack Trading at weekly against Defly Wallet's every 6 weeks. Defly Wallet's advantage is monetization model (free vs free with in-app purchases) and ratings volume (176 vs 41). On price, rating, review sentiment 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.
Haystack Trading holds the better App Store score, 5.0 against 4.8. Both are backed by a comparable volume of ratings — 176 and 41 respectively. Written reviews point the same way: 94% of Defly Wallet's written reviews are positive against 100% of Haystack Trading's.
Defly Wallet ships an update every 6 weeks, Haystack Trading weekly. The most recent releases landed on October 1, 2026 and June 3, 2026 respectively.
| Parameter | Defly Wallet | Haystack Trading |
|---|---|---|
| Price | Free | Free |
| Rating | 4.8 (176 ratings) | 5.0 (41 ratings) — better |
| Positive reviews | 93.8% of reviews | 100.0% of reviews — better |
| Number of ratings | 176 — better | 41 |
| Update frequency | Every 6 weeks | Weekly — better |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free — better | Free with in-app purchases |
| Devices | iPhone, iPad | iPhone, iPad, iPod — better |
| Requires iOS | 16.0 | 15.1 — better |
| Further details — not scored | ||
| Size | 66 MB | 39 MB |
| Age rating | 4+ | 4+ |
| Developer | Blockshake GmbH | TxnLab, Inc |
Customer experience
Defly Wallet
Haystack Trading
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?)
Show 5 moreShow fewer
- 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
Haystack Trading
Not enough reviews yet to summarise bugs or requests.
In-app purchases
Defly Wallet
No in-app purchases
Haystack Trading
No in-app purchases





