Blockchains are open by design. Anyone can create a token, and anyone can send a token to your wallet without asking.
This means you may see tokens you didn't buy—including scams or low-quality copycats of legitimate tokens. Knowing the difference between verified and unverified tokens helps you avoid scams and make safer decisions.
Phantom displays token information using data from trusted third-party sources (for example, CoinGecko and Jupiter).
Verified tokens
Verified tokens in Phantom show a purple checkmark badge next to the token's name.
Unverified tokens
Unverified tokens display a note: "This token is unverified. Only interact with tokens you trust.”
If an unverified token appears in your wallet and you didn’t buy it, it may be a scam airdrop. In that case, the safest option is to leave it alone.
If you're considering trading an unverified token, research it first using its contract address. See Research a token using its contract address.