DeGate vs Sparrow
On coverage DeGate is broader (15 chains vs 1). Sparrow is Bitcoin-only (minimal attack surface), DeGate is multi-asset. On code, Sparrow is fully open-source and auditable, the other is not: if sovereignty matters to you, that weighs a lot. The right wallet is the one you will actually use: assess your flow first (holding vs frequent use), then the spec sheet.
| DeGate | Sparrow | |
|---|---|---|
| Tier | S | S |
| Rating | ★ 4.6 | ★ 4.6 |
| Fund custody | Self-custody (funds in your control) | Self-custody (funds in your control) |
| Type | Software (hot wallet) | Software (hot wallet) |
| Source code | Partly open-source | Open-source |
| Recovery | Self-custody; accesso via wallet esterno (MetaMask, WalletConnect, Ledger) o email con embedded wallet Privy | Seed phrase 12/24 parole (BIP-39) |
| Supported chains | Bitcoin, Ethereum, Solana, BNB Smart Chain, Base, Arbitrum, Optimism, Avalanche, Aptos, Polygon, Sonic, xLayer, Monad, Linea, Worldchain | Bitcoin |
| Built-in swap | Yes | No |
| Built-in staking | Yes | No |
| WalletConnect | Yes | No |
| Hardware wallet support | Yes | Yes |
| Security audits | Secbit — audit completo smart contract + circuiti ZK (DEX order-book legacy), Adevar Labs — LP Handler Solana / Turbo Range (marzo 2026), issue High/Medium risolte, Bug bounty storico da $1,11M su Immunefi | — |
| Regulator | None | — |
| OAM Italy registration | No | — |
| Segment | B2C | B2C |
| Past incidents | June 2025: the original ZK-rollup order-book DEX was sunset (pivot to a multichain wallet + cross-chain swap); funds remained withdrawable — not a hack or a freeze. · Some high-APY Earn features were limited to whitelisted addresses (2025). | — |
| Bitcoin-only | — | Yes |
| dApp browser | — | No |
| Regions | US, EU/EEA, UK, APAC, LATAM, MENA, Africa | US, EU/EEA, UK, APAC, LATAM, MENA, Africa |
| Licences & safety | None (wallet self-custodial, non-custodial) | Nessuna (wallet self-custody non-custodial) |
Frequently asked questions
DeGate vs Sparrow: which is better?
On coverage DeGate is broader (15 chains vs 1). Sparrow is Bitcoin-only (minimal attack surface), DeGate is multi-asset. On code, Sparrow is fully open-source and auditable, the other is not: if sovereignty matters to you, that weighs a lot. The right wallet is the one you will actually use: assess your flow first (holding vs frequent use), then the spec sheet.
Is DeGate custodial or self-custody?
DeGate is self-custody: you keep the keys, while Sparrow is self-custody.