Uniswap Wallet Review 2026: Fees, Security and User Reviews

How the wallet stores keys and how recovery works

Uniswap Wallet is non-custodial. Uniswap Labs never holds a copy of the recovery phrase or the private keys, and creating a wallet needs no account, email or ID.

The key-handling model, as described in the App Store listing and Uniswap's documentation:

• On-device storage. On iPhone the recovery phrase sits in the Secure Enclave and does not leave the device without the user's permission.
• Biometric lock. Face ID gates both opening the app and approving transactions.
• Encrypted cloud backup. Users back up the recovery phrase to iCloud as an encrypted file protected by a password they set.
• Manual backup. Users also write the recovery phrase down and store it offline.

Recovery follows from that model. A user restores the wallet on a new device by entering the recovery phrase or by decrypting the iCloud backup with its password. If both are lost, nobody restores access, Uniswap Labs included. That is the price of self-custody, and the app does not hide it.

Smart wallet features under EIP-7702

Since the Ethereum Pectra upgrade, the wallet offers optional smart wallet features through EIP-7702 delegation. The user's existing address points to Calibur, a contract implementation from Uniswap that enables batched transactions, such as an approval and a swap in a single step. The address and its on-chain history stay the same. Uniswap's documentation states that Calibur is deployed to one address across networks, is non-upgradeable and has no owner.

Delegation is a broad permission, and EIP-7702 has drawn phishing attempts across the industry in 2026. The risk sits in signing a delegation to an attacker's contract, not in Calibur itself.

Open source code, audits and vulnerability history

The wallet's code is public. The Uniswap/interface repository on GitHub holds the web app, the mobile wallet and the extension under a GPL-3.0 licence, and every production release is tagged there. The App Store listing states that the wallet's source code was audited by Trail of Bits.

The security record of the wallet apps themselves is clean. We found no reported exploit of Uniswap Wallet or the Uniswap Extension leading to user losses. The closest incident on record involved the protocol, not the wallet:

• January 2023: security firm Dedaub reported a reentrancy flaw in the Universal Router contract. No funds were stolen, Uniswap patched and redeployed the contract, and Dedaub received a $40,000 bounty (The Block).
• July 2024: Uniswap Labs moved its bug bounty to Cantina, covering deployed contracts and its interfaces, including the mobile wallet, with rewards up to $2.25 million.
• November 2024: a separate bounty of up to $15.5 million opened for the v4 core contracts.

In our interpretation, the larger risk for users lies outside the code. Fake Uniswap sites and impersonating apps target the brand, and a self-custody wallet offers no chargeback once a malicious approval is signed.

Fees: what a swap costs in 2026

The interface fee history explains the current price. Uniswap Labs introduced a 0.15% fee on certain swaps in its web app and wallet on 17 October 2023, later raised it to 0.25%, and set it to zero on 27 December 2025 after UNI holders approved the UNIfication proposal. Uniswap's own support page lists the Labs interface and wallet fee at 0%.

What remains on each swap:

A $1,000 swap of ETH for USDC through a 0.05% pool costs $0.50 in pool fees plus gas. On Base or Arbitrum gas runs to cents. On Ethereum mainnet it varies with congestion. Card purchases are where costs rise. Reviewers report third-party on-ramp fees of 3% to 5% built into the quoted rate, and the app shows the provider's price before confirmation.

Networks, tokens and features

Uniswap's support center lists ERC-20 support on 22 networks, including Ethereum, Base, Arbitrum, Optimism, Polygon, BNB Smart Chain, Avalanche, Unichain, ZKsync and Solana. Its separate networks table still marks Solana as available in the Uniswap web app only. In practice, Solana support in the wallet is partial and evolving, and EVM networks are the core of the product. All EVM networks share one address.

Features inside the app:

• Token swaps routed across Uniswap v2, v3, v4 and UniswapX.
• MEV protection on Ethereum swaps.
• Cross-chain bridging between supported networks.
• NFT gallery, collection floor prices and volume.
• WalletConnect connections to other on-chain apps.
• Token safety warnings before trades and push notifications for completed transactions.

Features it lacks: native staking, liquidity provision management inside the app, Bitcoin and other non-EVM assets, and in-app two-factor authentication beyond the device lock.

What users say: app stores and Trustpilot

User sentiment splits sharply by platform. The app stores show a well-regarded product:

• Google Play: 4.67 stars from 21,318 ratings and 1.7 million installs (AppGoblin, 2026).
• Chrome Web Store: 4.66 stars from 441 reviews and 100,000 users for the Uniswap Extension (ExtScope, June 2026).
• App Store: 4.7 stars in the German store listing, with reviewers praising WalletConnect links to external browsers.

Trustpilot tells another story. The profile for app.uniswap.org holds 1.3 stars from 887 reviews, 96.51% of them one-star, with the latest review dated 17 July 2026 (Traders Union).

The negative reviews follow recurring patterns:

• Losses after interacting with fake Uniswap sites or scam tokens.
• Frustration with email-only support that cannot reverse transactions.
• Tokens that disappear from view after a network loses support in Uniswap apps.

Read together, the numbers make sense. People who use the wallet rate the wallet. People who lost money, often to someone else's site, rate the brand. Neither score alone describes the product. The Trustpilot complaints are allegations from individual users, and we found no finding by a regulator or court against Uniswap Wallet.

Using Uniswap Wallet in Canada

For Canadian users the wallet works as it does elsewhere. It needs no account, no KYC for the wallet itself, and no Canadian registration, since it never holds client assets. In our interpretation, that is also why it sits outside the CSA regime for crypto trading platforms, which targets firms that take custody.

Two Canadian specifics deserve attention:

• Taxes. Every swap in the wallet is a disposition for the CRA, valued in CAD on the day it happens. The app records on-chain history but produces no tax report, so the export and conversion work falls on the user.
• Buying with CAD. Card and bank purchases go through third-party providers. Whether CAD payment is offered, and at what fee, depends on the provider shown at checkout. We found no published list of Canadian payment options.

The wallet suits Canadians who already hold ETH or stablecoins and want low-cost swaps on Layer 2 networks. Those who need Bitcoin storage, staking or a regulated on-ramp in one place will need a second tool.