TL;DR
- Phantom Wallet now offers gasless swaps, automatically deducting transaction fees from tokens when users lack the required SOL balance.
- The feature activates for trades over $75, lowering the entry barrier and simplifying token exchanges for both new and experienced users.
- Initially available on mobile, this update enhances user experience and aligns with the broader trend of frictionless, cost-effective decentralized finance solutions.
Phantom Wallet, one of the most popular digital wallets in the Solana ecosystem, has rolled out an exciting new feature that eliminates a longstanding barrier for users: the need for SOL to pay transaction fees. Now, when users initiate token swaps without sufficient SOL in their wallet, Phantom automatically switches to a gasless mode, deducting fees directly from the tokens being exchanged.
Introducing gasless swaps⛽
No SOL? No problem.
You can now use the token you’re swapping to pay for gas. pic.twitter.com/GL1hQDL4qw
— Phantom (@phantom) May 1, 2025
Eliminating the Gas Fee Hurdle
Traditionally, Solana transactions require a small balance of SOL to cover network fees, often frustrating users who are eager to swap tokens but find themselves blocked by insufficient funds. By enabling gasless swaps, Phantom Wallet transforms the user experience, allowing transactions to proceed smoothly even if the wallet’s SOL balance is too low.
This feature only activates under specific conditions, supporting trades of $75 or more, ensuring that only transactions of a meaningful size benefit from the innovative fee structure. Users can now seamlessly swap tokens without needing to pre-load SOL, effectively lowering the entry barrier and making the process more intuitive and accessible for newcomers and veterans alike.
Enhancing Mobile Usability and Driving Wider Adoption
Initially available exclusively on Phantom’s mobile app, the gasless swap feature marks a significant effort to enhance wallet usability on the go. As digital finance continues to evolve, ease of use is becoming increasingly crucial.
The mobile-first approach not only caters to the ever-growing segment of users who rely on their smartphones for everyday transactions but also aligns with the broader shift in decentralized finance toward smoother, more user-friendly interfaces.
This development is part of a larger trend within crypto applications, where frictionless and cost-effective solutions are key to mainstream adoption. Phantom Wallet’s latest update addresses one of the most common pain points in decentralized trading—running out of gas.
By taking this innovative step, Phantom not only improves the overall trading experience for its over 3 million active users but also positions itself as a leader in driving the practical use of blockchain technology. With the potential for future expansion to desktop platforms, Phantom Wallet is set to further contribute to building a more accessible and efficient financial ecosystem on Solana.
