Phantom organizes your assets into three levels: a wallet contains accounts, and each account contains addresses across supported networks.

• A wallet is the top-level container, backed by your recovery credentials.
• An account is a set of addresses across all supported networks.
• An address is a unique public identifier on a blockchain network, such as Solana or Ethereum.

Wallet #

A wallet is the top-level container for your assets. It's backed up by a recovery phrase, even when you create a wallet with Google or Apple. If you import other recovery phrases or private keys into Phantom, all of them collectively form your wallet.

Account #

An account is a set of addresses on each supported blockchain. Every wallet starts with one account, but you can create more for different purposes: long-term holdings, daily activity, collectibles, or airdrops.

Because Phantom is a multi-chain wallet, each account automatically includes addresses on all supported networks. You don't need to create separate accounts for each network.

Not all accounts come from the same place. Some are derived from your wallet's recovery phrase, while others are added separately and have their own credentials:

• Accounts from imported recovery phrases.
• Accounts from imported private keys.
• Accounts from Ledger hardware wallets.
• Accounts added as watch-only.

Each source has its own backup. If you reset Phantom and restore using only your main recovery phrase or Google or Apple account, accounts from other sources don't come back automatically. Keep a record of every recovery phrase, private key, or hardware wallet you add. 

Address #

An address is a unique public string of characters that identifies where assets can be sent or received on a blockchain, similar to a bank account number. Different networks use different address formats:

• Solana addresses look different from Ethereum addresses.
• Addresses on EVM and EVM-compatible networks (Ethereum, Robinhood Chain, Arc, HyperEVM, Base, Polygon, BNB Chain) share the same format.
• Bitcoin uses its own distinct address format.

Cash account #

A Cash account is a special address on Solana that is associated with your Phantom profile and is designed to hold a balance in CASH, a USD-pegged stablecoin. See Understand your Cash account for details.