Coin98
| Developer(s) | Ninety Eight (formerly Coin98 Finance) |
|---|---|
| Initial release | January 2020 |
| Engine | |
| Operating system | iOS, Android, Browser extension (Chrome) |
| Type | Cryptocurrency wallet, Decentralized finance |
| License | Proprietary |
| Website | coin98 |
Search Coin98 on Amazon.
Coin98 is a non-custodial, multi-chain cryptocurrency wallet and decentralized finance (DeFi) platform developed by Ninety Eight (formerly Coin98 Finance). Launched in January 2020, it allows users to store, manage, swap, and transfer digital assets across 150+ blockchain networks from a single interface. The wallet is available as a mobile application for iOS and Android, as well as a Chrome browser extension. As of 2025, the platform reports more than 10 million users across more than 170 countries.[1][2]
History
Coin98 was founded in 2017 by Thanh Le (Lê Thanh) and Vinh Nguyen The (Nguyễn Thế Vinh) as a blockchain research community focused on identifying investment opportunities in the emerging cryptocurrency market.[3] During the 2018 bear market, much of the early community left the project; however, the founding team continued development, guided by the belief that decentralized finance would eventually transform global financial systems.[3]
The Coin98 Wallet was publicly launched in January 2020 as a non-custodial, multi-chain wallet. Within its first year, it had attracted more than 200,000 users, with particularly strong uptake in Southeast Asia.[4]
In April 2021, Coin98 Labs raised a $1.25 million seed round led by ParaFi Capital, Multicoin Capital, Hashed, and Spartan Group, earmarked in part for the development of Coin98 Exchange.[5] This was followed in May 2021 by an $11.25 million strategic funding round, co-led by Hashed and Spartan Group, with participation from Alameda Research, Multicoin Capital, ParaFi Capital, and other crypto venture firms.[6]
In 2022, the team expanded the ecosystem with additional infrastructure products including Saros Finance, Baryon Network, and the SpaceGate cross-chain bridge.[7]
On November 1, 2023, the parent company officially rebranded from Coin98 Finance to Ninety Eight, adopting a broader mandate of supporting external builder teams across the DeFi ecosystem under the slogan "We are builders backing builders."[7] The Coin98 wallet and related products retained their existing branding under the Ninety Eight umbrella.
By 2024, the wallet had expanded to support 130+ blockchains and provide access to over 15,000 decentralized applications (dApps) through its built-in DApp Browser. That year the team released Coin98 Super Wallet V15, which introduced AI-assisted features and deepened integrations with DeFi protocols.[8]
In 2025, the team released Coin98 Super Wallet V16, introducing Coin98 Perps (perpetual futures trading), an upgraded SwapX interface with cross-chain bridging, and the Fusion Card (a Visa-branded crypto debit card). Support was expanded to 150+ blockchains and 120 additional dApps were integrated.[9]
Features
Multi-chain asset management
The wallet's core function is the storage and management of crypto assets across 150+ blockchain networks from a single interface. Supported networks include Bitcoin, Ethereum, BNB Chain, Solana, Polygon, Avalanche, Arbitrum, Optimism, Base, Sui, Aptos, NEAR, and Viction, among many others.[1] The wallet automatically displays NFTs held across EVM and non-EVM blockchains, including Solana, Injective, and Sei.
Social login and account creation
To lower the entry barrier for newcomers, Coin98 supports social login wallet creation using accounts from Google, Facebook, Apple ID, and email, allowing users to set up a wallet without managing a seed phrase manually from the outset.[1]
SwapX
SwapX is the wallet's integrated DEX aggregator and cross-chain swap module. It sources liquidity from 17 aggregators — including OKX DEX, Unizen, LiFi, Titan, THORChain, and NEAR Intents — and supports trading across 10+ blockchains. Stablecoin swaps carry a 0.1% fee, positioned as lower than most competing wallets.[9] SwapX also incorporates cross-chain bridging through the legacy SpaceGate infrastructure, enabling seamless asset transfers across Ethereum, BNB Chain, Solana, Polygon, and Viction.[1]
Coin98 Perps
Coin98 Perps is a perpetual futures trading interface integrated directly into the Super Wallet. It supports 100+ markets including cryptocurrency pairs and tokenized real-world assets — such as US equities via tokenization — and uses the HyperLiquid Infrastructure Protocol (HIP) for on-chain settlement.[10]
Fusion Card
The Coin98 Fusion Card is a Visa-branded virtual and physical crypto debit card that enables users to spend digital assets at merchants accepting Visa worldwide. Card issuance requires KYC verification and is available to eligible users in APAC regions.[10]
DApp Browser
The wallet includes a built-in DApp Browser powered by a multi-chain engine, giving users direct access to over 15,000 decentralized applications across multiple blockchains without leaving the wallet interface.[9]
Cypheus AI
Cypheus is an AI-powered assistant integrated into the wallet. It provides contextual guidance on Web3 topics, product usage, and transaction safety, and includes anomaly detection capabilities designed to flag suspicious on-chain activity. Users can interact with Cypheus via text or voice.[1][11]
Coin98 Messenger
Coin98 Messenger is an in-app, on-chain chat feature that allows users to communicate and send, receive, or request cryptocurrency payments directly within a conversation thread.[1]
Decentralized identity (.c98)
The wallet integrates .c98, a decentralized identity (DID) solution powered by OneID, which provides users with a human-readable identifier to replace wallet addresses across the multi-chain ecosystem.[1]
Additional wallet utilities
- Zen Card: A hybrid wallet solution combining hot and cold wallet capabilities.
- Wallet Approval / Token Revoke: A tool for revoking token allowances granted to dApps across multiple blockchains.
- Multi-sender: A batch transaction tool enabling users to send tokens to multiple addresses simultaneously.
- Private Mode: A privacy feature that hides portfolio balances and transaction history from view.[12]
Earning features
Coin98 incorporates several in-app earning mechanisms:
- PowerPool: A staking product offering yield on supported assets.
- Coin98 Vault: A token-claim experience for eligible users.
- Rewards Hub: A promotional hub aggregating campaigns, gaming portals, and learn-to-earn activities.[1]
Security
Coin98 is a non-custodial wallet, meaning users retain sole custody of their private keys and seed phrases; the platform does not hold or have access to user funds. The wallet uses device-level security (PIN, biometric authentication) and integrates Cypheus AI for on-chain anomaly detection.
Independent security researchers have noted that, as with all software wallets, users remain exposed to risks including phishing attacks, malicious browser extensions, and smart contract vulnerabilities within third-party DeFi protocols accessed through the DApp Browser.[13]
Availability
| Platform | Distribution |
|---|---|
| iOS (mobile) | Apple App Store |
| Android (mobile) | Google Play |
| Browser extension | Chrome Web Store |
Funding and investors
| Round | Date | Amount | Lead Investors |
|---|---|---|---|
| Seed | April 2021 | $1.25M | ParaFi Capital, Multicoin Capital, Hashed, Spartan Group |
| Strategic | May 2021 | $11.25M | Hashed, Spartan Group, Alameda Research, Multicoin Capital, ParaFi Capital |
Additional backers include IOSG Ventures, NGC Ventures, GBV Capital, Nascent, SNZ Holding, Shima Capital, Gate Labs, CoinGecko, and Kyber Network, among others.[4]
Reception
Coin98 has been recognized for its broad multi-chain coverage and its accessibility-focused design, which aims to serve both newcomers and experienced DeFi users within a single interface. Reviewers have noted the wallet's wide blockchain support and built-in DeFi tooling as key differentiators from simpler single-chain wallets.[14]
Security analysts have cautioned that the breadth of integrated third-party DeFi protocols within the DApp Browser increases the attack surface available to malicious actors, noting that cross-chain bridge hacks and protocol exploits resulted in cumulative industry losses exceeding $2 billion during 2024–2025.[13]
The platform has maintained continuous product development across several crypto market cycles since 2020, which analysts and community observers have cited as evidence of longer-term operational durability relative to shorter-lived DeFi projects.
See also
References
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 "Coin98 Super Wallet". Coin98. Retrieved May 2026. Check date values in:
|access-date=(help) - ↑ "Coin98: Crypto & AI Wallet – App Store". Apple. Retrieved May 2026. Check date values in:
|access-date=(help) - ↑ 3.0 3.1 "From an engineer to Coin98 Founder". coin98.net. Retrieved May 2026. Check date values in:
|access-date=(help) - ↑ 4.0 4.1 "Coin98 (C98) Listing Analysis". BingX Blog. August 2021. Retrieved May 2026. Check date values in:
|access-date=(help) - ↑ "Coin98 Labs Raises $1.25M In Seed Funding Round". Coin98 Blog. April 13, 2021. Retrieved May 2026. Check date values in:
|access-date=(help) - ↑ "DeFi Project Coin98 Raises $11.25 Million in Strategic Funding Round". CoinCodex. July 2021. Retrieved May 2026. Check date values in:
|access-date=(help) - ↑ 7.0 7.1 "What is Ninety Eight? A deep dive into Ninety Eight ecosystem". upside.vn. Retrieved May 2026. Check date values in:
|access-date=(help) - ↑ "Coin98 2024 & Beyond: Keep Building, Keep Evolving". Coin98 Blog. January 2025. Retrieved May 2026. Check date values in:
|access-date=(help) - ↑ 9.0 9.1 9.2 "Coin98 2025 & Beyond: Keep Building With Conviction". Coin98 Blog. January 2026. Retrieved May 2026. Check date values in:
|access-date=(help) - ↑ 10.0 10.1 "Coin98 Super Wallet – November Sync 2025". Coin98 Blog. December 2025. Retrieved May 2026. Check date values in:
|access-date=(help) - ↑ "Coin98 Super Wallet – September Sync 2025". Coin98 Blog. October 2025. Retrieved May 2026. Check date values in:
|access-date=(help) - ↑ "Coin98 Super Wallet – September Sync 2024". Coin98 Blog. October 2024. Retrieved May 2026. Check date values in:
|access-date=(help) - ↑ 13.0 13.1 "Coin98 Wallet Review: Multi-Chain Crypto Wallet Analysis". Bitget Academy. March 2026. Retrieved May 2026. Check date values in:
|access-date=(help) - ↑ "Coin98 Wallet Review 2024: Features, Pros & Cons". CoinRoop. January 2025. Retrieved May 2026. Check date values in:
|access-date=(help)
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