Pera
Pera Wallet
Pera is the most widely used self-custody wallet for the Algorand blockchain, developed by Pera Wallet LDA, a company based in Portugal (and therefore in the European Union). It is open-source (public repositories on GitHub) and available on iOS, Android and web (Pera Web). Keys stay in the user's hands: you have complete control of your assets, without entrusting them to a third party. Deeply integrated into the Algorand ecosystem, it offers ASA token swapping via Tinyman, staking features, NFT storage and viewing, dApp connectivity via WalletConnect, price charts and portfolio tracking, plus Ledger hardware wallet support. There is also a "Pera Card", a separate product distinct from the card entry already in the dataset. Note: although it is the de facto standard of the Algorand community, the official site does not explicitly state it as the foundation's "official" wallet. It is the natural pick for anyone operating on Algorand who wants a polished, open-source app backed by a European entity.
Data & conditions
| Fund custody | Self-custody (funds in your control) |
|---|---|
| Type | Software (hot wallet) |
| Source code | Open-source |
| Recovery | Seed mnemonico Algorand (25 parole) |
| Bitcoin-only | No |
| Supported chains | Algorand |
| Built-in swap | Yes |
| Built-in staking | Yes |
| dApp browser | No |
| WalletConnect | Yes |
| Hardware wallet support | Yes |
| Segment | B2C |
| MiCA / License status | Nessuna (wallet self-custody non-custodial) |
Strengths
- The most used Algorand wallet: open-source, self-custody, with ASA swaps (Tinyman), staking, NFTs, WalletConnect and Ledger support; on iOS, Android and web; company based in Portugal (EU).
- Self-custody: funds stay in your wallet — the platform cannot touch them.
- No KYC: usable without identity verification.
- Open-source, verifiable code.
Weaknesses
- Covers Algorand only: no other blockchain, so of no use outside that ecosystem; it is not explicitly stated as the Algorand foundation's "official" wallet; the "Pera Card" is a separate product with its own terms.
- FATF-aligned jurisdiction: strong cooperation with authorities.
Verdict
Score 3.8/5, solid profile. In its favour: the most used Algorand wallet: open-source, self-custody, with ASA swaps (Tinyman), staking, NFTs, WalletConnect and Ledger support; on iOS, Android and web; company based in Portugal (EU). The trade-off to weigh: covers Algorand only: no other blockchain, so of no use outside that ecosystem; it is not explicitly stated as the Algorand foundation's "official" wallet; the "Pera Card" is a separate product with its own terms.
On the Sovereignty lens the score is 4.4/5 (very strong): the strength is fund control (5.0/5), while censorship resistance (3.3/5) is the weak link.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
Which blockchain does Pera support?
Pera supports Algorand only. It handles ALGO, the ecosystem's ASA tokens, NFTs on Algorand and dApp connectivity via WalletConnect. It is not a multi-chain wallet: outside Algorand it cannot be used.
Is Pera custodial?
No. Pera is self-custody: keys stay on your device and you have complete control of your assets, without entrusting them to a third party. It is open-source, with public repositories, and also supports the Ledger hardware wallet for added security.
Is Pera the official Algorand wallet?
Pera is effectively the most widely used and integrated wallet in the Algorand ecosystem, but the official site does not explicitly state it as the foundation's "official" wallet. It is developed by Pera Wallet LDA, a company based in Portugal.
Sources
- Official service page Blockchain · Open source · Self custody · Piattaforme · +3 Data verified on Aug 3, 2026