Top Open-Source MPC Wallets You Should Try in 2025

Crypto users searching for the best mpc wallet in 2025 find many strong open-source options. The following wallets each stand out for a unique reason:

• Bitcoin.com Wallet: User-friendly design for beginners.

• Safeheron: Advanced privacy and multi-factor security.

• Zengo: Seedless recovery and mobile-friendliness.

• MetaMask: Powerful DeFi support and multi-chain access.

• Rabby Wallet: Open-source crypto wallet with hardware integration.

• Fireblocks: Institutional-grade mpc wallet open source solution.

• Trezor: Hardware security with open-source transparency.

• Coinbase Wallet: Multi-chain and NFT support.

Open-source crypto wallet platforms protect users by sharing code for community audits and transparency. In 2024, $2.2 billion vanished due to hacks. MPC wallet open source technology fragments key shares and uses advanced cryptography, making crypto wallets much harder to attack. These wallets remove single points of failure, improve privacy, and increase user trust. The best open-source wallet options provide robust security, especially as AI-driven attacks grow more common.

Key Takeaways

• MPC wallets split private keys into parts, improving security by removing single points of failure and enhancing privacy.

• Open-source wallets allow community audits, increasing transparency and trust while helping find and fix security issues.

• Top MPC wallets in 2025 offer multi-chain support, easy recovery, and strong security features like biometric login and multi-factor authentication.

• Hardware wallets provide offline protection, while mobile MPC wallets combine convenience with advanced security for on-the-go use.

• Users should choose wallets with regular audits, strong encryption, and active communities to stay safe and in control of their crypto assets.

What Is an MPC Wallet?

MPC Technology Explained

An MPC wallet uses multi-party computation to protect digital assets. Instead of storing a single private key, the wallet splits the key into several parts, called shards. These shards are distributed across different devices or people. No one ever sees the full private key. When a user wants to sign a transaction, the wallet uses a collaborative process. Each shard helps create the signature, but the full key never comes together. This method increases security and privacy.

The core idea behind MPC technology comes from cryptography. It allows several parties to work together without sharing their private data. The wallet uses a process called Distributed Key Generation. This means the private key is never fully created in one place. The wallet can also use a Threshold Signature Scheme. For example, if there are three shards, only two might be needed to sign a transaction. This setup gives the wallet both flexibility and strong security.

MPC wallets do not need a trusted third party. They support multi-device recovery and work across different blockchains.

Here is a table comparing MPC wallets to traditional wallets:

Benefits of MPC

MPC wallets offer many advantages over traditional wallets. They provide enhanced security by removing single points of failure. The wallet never exposes the full private key, so hackers cannot steal it from one place. Users do not need to remember or store a seed phrase, which makes the wallet easier to use.

• Decentralized key management improves security and privacy.

• The wallet supports both individuals and institutions, making it flexible.

• Users can recover or update key shards if needed, increasing resilience.

• The wallet works across many blockchain platforms, supporting DeFi and NFTs.

• Software-based distribution avoids risks linked to hardware wallets.

MPC-powered security helps users stay safe in a world where digital threats keep growing. The wallet’s cryptographic protocols ensure privacy and accuracy for every transaction. Compared to multisig and hardware wallets, MPC wallets deliver a smoother and more efficient experience.

Why Open-Source Matters

Transparency and Security

Open-source plays a vital role in the world of crypto wallets. When developers release open-source code, anyone can inspect it. This openness allows experts to find and fix logic errors or hidden backdoors, which strengthens wallet security. Bitamp points out that open-source crypto wallet projects benefit from ongoing code review and professional audits. These reviews help maintain high standards of transparency and security. SpruceID notes that open-source wallets gain trust because a large developer community can vet the software. This process ensures that security features are visible and verifiable. Users feel more confident when they know the wallet’s protections are not hidden.

The OpenWallet Foundation highlights that open-source development makes wallet security and transparency possible by keeping the codebase accessible. This approach allows users and developers to spot and fix vulnerabilities quickly. Doppio’s analysis shows that open-source smart contract wallets, like Safe, have improved security by combining transparent code with trusted providers. These wallets now secure billions in assets, showing how open-source development leads to robust and trustworthy wallet technology. In a self-custodial system, users gain more control over their assets because they can verify the wallet’s security for themselves.

Community and Auditability

The open-source model encourages a strong community around crypto wallets. Safeheron’s open-source approach for its core MPC technologies shows how public code sharing leads to collaboration. Developers work together to solve problems and improve wallet security. This teamwork drives innovation and keeps wallets up to date with the latest threats. The Lockness project, managed by the Linux Foundation Decentralized Trust, brings together experts to maintain open-source MPC libraries. These libraries are fully documented, audited, and available for anyone to review. This transparency and security make wallets more trustworthy and easier to audit.

Providers like BitGo and Fireblocks have open-sourced their MPC cryptographic libraries. This move lets the community check the cryptography behind these wallets. Public review has even uncovered vulnerabilities, which helps improve security. Open-source crypto wallet projects balance transparency and security by making cryptographic parts auditable without risking user privacy. Self-custodial wallets benefit from this openness, as users can trust that the wallet works as promised. Open-source ensures that user control, auditability, and security remain at the heart of every wallet.

Best Crypto Wallets 2025

MPC Wallet Open Source Options

Open-source MPC wallets have become essential for anyone seeking strong security and transparency in 2025. These wallets use advanced cryptography to split private keys into multiple parts, making unauthorized access much harder. Many experts and users recognize Zengo as the best mpc wallet for its unique approach to security and usability. Zengo eliminates seed phrases by using MPC technology, which removes single points of failure and private key exposure. The wallet supports over 1,000 crypto assets and NFTs across major chains like Bitcoin, Ethereum, and Polygon. Zengo also features three-factor authentication, including facial recognition, and a built-in Web3 firewall. The wallet is mobile-first, open-source, and regularly audited, with a perfect security record and zero hacks. Zengo appeals to both cautious and novice users because it combines strong security with easy recovery and live support.

Other top open-source crypto wallet options include:

• Safeheron: Focuses on advanced privacy and multi-factor authentication. The wallet is fully open-source and supports institutional-grade features for self-custodial management.

• MetaMask: Offers powerful DeFi support and multi-chain access. The wallet is partially open-source, with a large developer community and frequent updates.

• Rabby Wallet: Provides hardware wallet integration, real-time analytics, and transaction simulation. The wallet is fully open-source and supports over 100 EVM-compatible chains.

• Fireblocks: Delivers institutional-grade MPC wallet open source solutions. The wallet is trusted by enterprises for secure custody and compliance.

• Trezor: Combines hardware security with open-source transparency. The wallet uses offline key storage and supports multiple blockchains.

• Coinbase Wallet: Supports multi-chain assets and NFTs. The wallet is partially open-source and offers a user-friendly interface for beginners.

• Phantom Wallet: Expands from Solana to EVM chains, featuring NFT tools and hardware wallet support. The wallet is open-source and popular among NFT collectors.

• Zerion Wallet: Integrates DeFi, NFTs, and portfolio tracking. The wallet is open-source and supports over 50 blockchains.

Fully open-source wallets like Zengo, Safeheron, Rabby, and Phantom allow anyone to audit their code. Partially open-source wallets such as MetaMask and Coinbase Wallet share some components but keep others closed.

Multi-Chain and DeFi Support

The best crypto wallets in 2025 offer broad multi-chain and DeFi support. Users can manage assets across many blockchains without switching wallets. Zengo supports over 1,000 assets, including Bitcoin, Ethereum, Polygon, and Dogecoin. The wallet allows users to buy, sell, and swap cryptocurrencies easily. Rabby Wallet stands out for its seamless chain switching and auto network detection. It supports more than 100 EVM-compatible chains and provides real-time portfolio analytics. MetaMask remains a favorite for DeFi users, offering access to thousands of dApps and supporting Ethereum, Arbitrum, Optimism, and more.

Hardware and Mobile Wallets

Hardware and mobile wallets play a key role in the self-custodial landscape. Hardware wallets like Trezor Model T and Ledger Flex offer strong offline protection. Trezor uses open-source secure elements, offline key storage, and two-factor authentication. The wallet supports CoinJoin for privacy and integrates with Trezor Suite for easy management. Ledger Flex features an EAL6+ certified chip, touchscreen, and Bluetooth connectivity. The wallet works with both desktop and Android devices, providing robust security and user-friendly features.

Mobile wallets have gained popularity for their convenience and security. Zengo leads as a mobile-first MPC wallet open source solution. The wallet uses biometric security, three-factor authentication, and seedless recovery. Users enjoy a fast setup, intuitive interface, and support for fiat on/off ramps and swaps. Zengo’s design combines strong cryptographic security with excellent mobile usability, removing the risk of losing a seed phrase. Bitget Wallet also offers a feature-rich mobile experience, supporting trading, earning, and NFT access across 130+ blockchains.

Vaultody explains that MPC wallets improve security by splitting key shares across devices or users. This approach uses threshold signatures and keeps signing processes off-chain, which enhances privacy and compliance. User-friendly interfaces, flexible governance, and disaster recovery systems make these wallets practical for both beginners and professionals. Self-custodial wallets like Zengo, Trezor, and Rabby give users full control over their assets while maintaining high security standards.

For maximum security, users should choose open-source wallets with regular audits and strong community support. Hardware wallets provide offline protection, while mobile wallets offer convenience and advanced MPC features.

Wallet Features Comparison

Security and Key Management

Top open-source MPC wallets use advanced security methods to protect digital assets. Each wallet uses a unique approach to key management and recovery. Safeheron and similar wallets use secure multi-party computation to split private keys into shards. This method prevents single points of failure and increases resistance to hacking. Security audits by independent firms help maintain trust. Self-custodial wallets require cooperation among multiple parties to sign transactions, which adds another layer of security.

Supported Platforms

Crypto wallets offer support for a wide range of platforms. Users can choose wallets that fit their devices and needs. The following list shows common platform support among top wallets:

• Mobile apps (iOS and Android) for on-the-go access

• Browser extensions for desktop convenience

• Hardware wallet integration for offline security

• Web interfaces for cross-device management

Most self-custodial wallets support multiple operating systems. Some wallets, such as Zengo and Coinbase, provide both mobile and browser options. Hardware wallets like Trezor add extra protection for users who want offline storage.

User Experience

User experience plays a key role in wallet adoption. Studies show that wallets with clear interfaces and simple recovery steps empower users. Decentralized identity wallets, for example, balance security and usability by giving users control over their keys. Plugin wallets with local key storage offer more ownership, while phone wallets with centralized custody focus on convenience.

A user-friendly experience often includes:

• Easy setup and onboarding

• Clear instructions for wallet functionality

• Fast transaction signing and confirmation

• Support for DeFi, NFTs, and cross-chain swaps

Wallets that combine strong security with a user-friendly experience attract both beginners and advanced users. Self-custodial crypto wallets continue to improve usability while maintaining high security standards.

Security and Privacy in Open-Source MPC

Key Management Approaches

Open-source MPC wallets use several key management approaches to deliver advanced security and compliance. These wallets split private keys into encrypted parts, storing them across different devices or users. This method removes the need for seed phrases and eliminates single points of failure. Many wallets, such as Safeheron and Phantom, offer seedless recovery and threshold security, making secure digital asset storage more accessible.

The table below outlines common key management approaches and their impact on wallet security and usability:

Institutional-grade security platforms like Ledger Vault and Coinbase WaaS use MPC to secure large digital asset holdings. These wallets support multi-user access and hardware-grade protection, meeting enterprise-grade security and regulatory compliance needs. Embedded wallets from Coinbase and Binance integrate MPC into SDKs, enabling social or biometric recovery and enhancing usability without sacrificing security.

Privacy Features

Open-source MPC wallets focus on privacy as a core part of their multi-layered security. By splitting key shares and keeping signing processes off-chain, these wallets protect user identities and transaction details. Off-chain key management reduces exposure to on-chain exploits and helps maintain compliance with privacy regulations.

Wallets like Bitget and Bitcoin.com Wallet use threshold security and encryption to keep private data safe. They also support seedless recovery, which lowers the risk of key exposure. However, recent incidents have shown that even cutting-edge security can face challenges. For example, Fireblocks discovered vulnerabilities in some MPC protocols that could allow attackers to extract private keys from a single compromised device. These incidents highlight the importance of ongoing vigilance and regular updates.

Developers quickly patched vulnerabilities in legacy protocols like GG18 and GG20 after responsible disclosure. The new MPC-CMP protocol now offers universally composable security, preventing similar issues. Wallet providers must continue to validate cryptographic parameters and migrate to secure protocols to ensure compliance and protect users. Regular audits and transparent codebases help maintain trust in open-source wallets.

Users should always choose wallets with strong encryption, regular security audits, and a proven track record of compliance. Multi-layered security and privacy features are essential for safe and secure digital asset storage.

How to Choose an MPC Wallet

Choosing the right MPC wallet depends on each user’s needs, whether they focus on security, DeFi, NFTs, or mobile access. The following table outlines key criteria to consider:

For Security-Focused Users

Security-focused users should look for wallets that offer decentralized key management and advanced encryption. These wallets split private keys into multiple parts, stored with different parties, which prevents any single entity from gaining full control. Multi-signature transactions and threshold signatures add extra layers of protection. Many institutional investors and exchanges use MPC wallets for multi-party authorization, reducing the risk of theft and unauthorized transfers. Regular third-party audits and compliance certifications, such as ISO 27001, help ensure ongoing security. Users should also check for up-to-date MPC algorithms and a dedicated cryptographic security team. This approach provides strong custody and user control over digital assets.

Hardware MPC wallets store keys offline in tamper-resistant devices, while software wallets offer user-friendly interfaces with robust security.

For DeFi and NFT Users

DeFi and NFT users need wallets that support multiple blockchains and seamless integration with decentralized applications. The best MPC wallets for these users offer features like token swaps, yield farming, staking, and a built-in dApp browser. Secure key management remains essential, with MPC technology splitting keys into shares for added safety. Some wallets provide direct integration with major exchanges, making fund transfers easy. Sepior, for example, uses cryptographically bound policies and supports both online and offline signature generation. These features help users interact with DeFi protocols and NFT platforms while maintaining high security and compliance.

For Mobile and On-the-Go

Mobile users require wallets that combine convenience with strong security. Leading mobile MPC wallets, such as Zengo, support iOS and Android, offer keyless security, and use three-factor authentication for recovery. These wallets eliminate seed phrases by splitting private keys into secret shares, one on the device and one on secure servers. Features like facial recognition, scam protection, and a Web3 firewall enhance safety. Users can manage over 380 cryptocurrencies and NFTs directly from their phones. While some mobile wallets use open-source MPC technology, not all are fully open-source, so users seeking transparency should review each wallet’s code availability.

Open-source MPC wallets are popular among startups and early-stage innovators for learning and experimentation, but may lack scalability and formal audits needed for institutional custody and regulatory compliance.

Getting Started with Open-Source MPC Wallets

Setup and Installation

Setting up an open-source MPC wallet involves several important steps. Users should first learn the basics of multi-party computation, including how threshold signature schemes and key generation work. Many open-source projects, such as blockchain-crypto-mpc, provide full support for key generation and signing using ECDSA and EdDSA. These wallets often split key shares between user devices or between a user and a service provider. This approach ensures no single point of compromise.

A typical installation process includes:

1. Install the required development tools, such as Node.js, and select a blockchain testnet for practice.

2. Choose an MPC framework like Safeheron MPC Node Suite or ZenGo-X.

3. Initialize MPC nodes and create wallet addresses from key shares.

4. Implement transaction signing, ensuring that no key material is ever exposed.

5. Integrate the wallet with a blockchain network using libraries such as Web3.js or ethers.js.

6. Deploy the wallet on a secure server or cloud platform, and conduct security audits.

7. Build a user-friendly interface with features like biometric authentication and multi-factor security.

Some wallets allow users to split keys between two devices, such as a mobile phone and a laptop. This setup increases user control and resilience against attacks. Backup functionality remains essential, so users should always secure their key shares.

Safe Usage Tips

To use an open-source MPC wallet safely, users should follow several best practices. Security experts recommend distributing key shares across secure infrastructure nodes, such as bare-metal servers or secure enclaves. This method provides better protection than relying only on mobile devices or hardware modules.

• Select wallets with verified providers and active development communities.

• Use multi-signature or MPC wallets to avoid single points of failure.

• Avoid public Wi-Fi; use VPNs or mobile data for safer connections.

• Enable wallet security features, including biometrics, transaction alerts, and address whitelisting.

• Monitor wallet activity with block explorers and alert bots.

• Encrypt private data and backups using strong encryption methods.

• Store long-term assets in cold storage solutions.

• Update wallet software and firmware regularly.

Users may face challenges such as complex onboarding, lack of compatibility with traditional wallets, and operational security difficulties. Improved interfaces, social recovery options, and ecosystem-wide standards can help address these issues. Education and regular audits also play a key role in keeping wallet usage safe.

FAQ

What makes an MPC wallet different from a multisig wallet?

MPC wallets use cryptography to split a private key into parts. Multisig wallets require multiple signatures from different keys. MPC wallets offer more privacy and flexibility. Multisig wallets often need new addresses for changes.

Are open-source MPC wallets safe for beginners?

Yes. Open-source MPC wallets often have simple interfaces and clear instructions. Beginners can use them safely by following setup guides and enabling security features. Community support and regular audits help keep these wallets secure.

Can users recover assets if they lose a device?

Most MPC wallets support recovery. Users can restore access by using backup key shares or recovery methods. Some wallets use biometric authentication or social recovery. Always follow the wallet’s backup instructions to avoid losing assets.

Which devices work with open-source MPC wallets?

Many open-source MPC wallets support mobile phones, desktops, and hardware wallets. Some work as browser extensions. Users should check the wallet’s documentation for supported platforms before installing.