Because blockchains are open by design, anyone can create a token and send it to your wallet without asking.
This means you may see tokens you did not buy, including scams, spam airdrops, or copycats of legitimate projects. Understanding verified and unverified tokens can help you make safer decisions.
Phantom displays token information using data from trusted third-party sources, such as CoinGecko and Jupiter.
Verified tokens
Verified tokens in Phantom show a purple checkmark badge next to the token's name.
This badge helps you identify tokens that are recognized by Phantom's data providers. It does not guarantee that a token is safe, legitimate, or a good investment.
Note: A verified badge helps confirm token identity. It does not guarantee safety, legitimacy, or future value.
Unverified tokens
Unverified tokens display a note: "This token is unverified. Only interact with tokens you trust."
An unverified token is not automatically malicious, but it has not been recognized through Phantom's token data sources. If you did not buy it or were not expecting it, the safest option is to leave it alone.
If an unverified token appears in your wallet and you did not buy it, it may be a scam airdrop.
If you are considering trading an unverified token, research it first using its contract address. See Research a token using its contract address.