The short version
- Score: 2.5/5, ranked 16 of 17 wallets we rate
- Strongest: Usability (4.1/5)
- Weakest: Security (1.5/5)
- Source code: partly open
This review is generated from public evidence. Every point below links to the fee page, license, audit or report it came from, and the same rules score every wallet we cover. Evidence was last checked on Sep 30, 2026.
Blocklr score: 2.5/5
| Category | Score | Weight |
|---|---|---|
| Security | 1.5/5 | 40% |
| Features | 3.8/5 | 20% |
| Backup and recovery | 1.7/5 | 15% |
| Usability | 4.1/5 | 15% |
| Cost | 3.3/5 | 10% |
How Zerion Wallet earned its score
Security: 1.5/5
| What we checked | Points | Why |
|---|---|---|
| Open source | 1.5 / 3 | Partly open source; some components are closed. source |
| Key protection | 2 / 3 | Can sign with a hardware wallet. source |
| Published independent audits | 0 / 2 | No published independent audit found. |
| Incident record since 2019 | 0 / 4 | 3 incidents since 2019. |
Features: 3.8/5
| What we checked | Points | Why |
|---|---|---|
| Networks | 2 / 3 | Supports Ethereum and EVM chains, Solana. source |
| Capabilities | 4 / 5 | Offers staking, swaps, NFTs, app connections. source |
Backup and recovery: 1.7/5
| What we checked | Points | Why |
|---|---|---|
| Recovery options | 1 / 3 | BIP39 recovery. source |
Usability: 4.1/5
| What we checked | Points | Why |
|---|---|---|
| Platforms | 2.25 / 3 | Works with iOS, Android, browser extension. source |
| Support | 1 / 1 | Live chat support. source |
Cost: 3.3/5
| What we checked | Points | Why |
|---|---|---|
| Price or swap fee | 2 / 3 | Free to use; 0.67% fee on in-app swaps. source |
Track record since 2019
Incidents
- 2026 · Device compromise: In April 2026 a team member's device was compromised through social engineering attributed to a North Korea-linked actor. About $100,000 was taken from Zerion's internal hot wallets and the web app was temporarily disabled. Zerion said no user funds, apps or infrastructure were affected. source
- 2023 · Device compromise: In June 2023 an employee device was compromised and the attacker used Zerion's Twitter account to post a fake airdrop. Users lost $2,775.55 in ETH, $18,292.90 in ERC-20 tokens and $3,756.93 in NFTs; a Zerion internal hot wallet lost about $53,000. No user private keys were affected. Zerion said it planned to reimburse affected users. About $25K taken; customers were made whole. source
- 2021 · App exploit: In February 2021 a contract imitating a Balancer pool was listed in Zerion's interface with a verified tick; one user deposited and about $30,000 was stolen. Zerion called it a failure of its backend checks and said it 'resolved the issue with the user'. Predates the Zerion Wallet app (2022). About $30K taken; reimbursement could not be confirmed. source
Who Zerion Wallet fits
A good fit if
- You want a free wallet for everyday use.
- You plan to pair it with a hardware wallet later.
Think twice if
- Its record matters to you: users lost funds in a 2023 incident.
Goes to the official site. Blocklr earns nothing from this link.
Frequently Asked Questions
Is Zerion Wallet open source?
Partly. Some components of Zerion Wallet are closed. Browser extension source is public under GPL-3.0. Zerion describes only the extension as open source; mobile apps, web app and backend are not published.
How much does Zerion Wallet cost?
Zerion Wallet is free to download. Free to use; 0.67% fee on in-app swaps.
Has Zerion Wallet had a security incident?
Yes. We found 3 incidents since 2019; the details and sources are in the track record above.
How is Zerion Wallet's score calculated?
Zerion Wallet scores 2.5/5. The score is calculated by fixed rules from public evidence, and the same rules apply to every wallet. No company can pay to change it.
About this review
Blocklr has no affiliate, advertising or sponsorship deal with Zerion Wallet or any other platform, so nothing here was paid for. Scores come from the rules in our review methodology. A fact we could not confirm scores as the lowest tier, which can make a score lower than it deserves. If something is wrong or out of date, tell us and we will check the source and correct it.