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Non-custodial software wallet review

Rabby Wallet

Reviewed for custody, security, supported assets, cost, audit history, backup model, and open-source status.

4.3 B IC wallet score
CustodyNon-custodial
TypeNon-custodial software
Supported assetsNot verified
PriceFree
Open sourceYes
Last verified2026-04-15

Security And Backup

12-word Secret Recovery Phrase (BIP39)

Pros

  • Pre-transaction risk simulation shows balance changes before signing
  • Open-source under MIT license
  • Auto-detects chain per dApp (no manual switching)

Cons

  • Smaller user base than MetaMask — fewer eyes on issues
  • EVM-only
  • Hot wallet — same malware exposure as any extension

Score Breakdown

Security 3.8 Key isolation, audits, recovery
UX 4.6 Setup, daily use, recovery flow
Asset coverage 4.0 Chains and tokens supported
Cost 5.0 Device price + on-chain fees added
Open source 4.5 Source available + audited

Audits