Rainbow

0 standards supported

Overview

Rainbow is a design-focused self-custody Ethereum + L2 wallet, operated by Rainbow Wallet [1, 2]. While smaller than MetaMask / Trust Wallet / Phantom by user count (100K+ active users), Rainbow is widely regarded as the best-designed Ethereum wallet — known for polished mobile UX, NFT-management focus, and ENS integration. $19.5 million in funding to date.

Major 2025-2026 event: $RNBW token launched via Token Generation Event (TGE) February 5, 2026 — Rainbow's native non-custodial Ethereum-wallet token. Rainbow supports Ethereum mainnet + Arbitrum, Optimism, Base L2s.

History

July 2020 — Rainbow launches [2] by Mike Demarais (Rainbow team) as design-focused Ethereum mobile wallet.

2020-2024 — Mass NFT-era + DeFi adoption with polished mobile-first UX [2].

2024 — Rainbow browser extension launches [2].

2025 — $RNBW token TGE planned for Q4 2025 [3].

February 5, 2026 — $RNBW token launched [4].

Ownership & operator

Operating entity: Rainbow Wallet.

Founders: Mike Demarais (Rainbow team).

Funding: $19.5 million raised.

Regulator distinction: Non-custodial — users hold own private keys.

Technical integration

Layer	Description
Channels	Rainbow mobile app (iOS + Android) + browser extension
Supported networks	Ethereum mainnet + Arbitrum + Optimism + Base (Ethereum + major L2s)
Identifiers	Blockchain addresses + ENS names
Distinctive features	Best-designed Ethereum wallet (widely cited); NFT management focus; ENS integration; cross-L2 swapping
Self-custody	Private keys held on user device
Native token	$RNBW (launched Feb 5, 2026)

Users & growth

2025 [1]:

Active users: 100,000+
Funding raised: $19.5 million
$RNBW token TGE: February 5, 2026

Use cases

NFT storage + management (defining Rainbow use case); Ethereum + L2 (Arbitrum + Optimism + Base) self-custody; DeFi interactions; ENS name management; cross-L2 swapping; $RNBW token holding (post-Feb 5, 2026).

Implementations & partners

Operator: Rainbow Wallet.

Major Ethereum + L2 integrations: Arbitrum, Optimism, Base + Ethereum mainnet.

Major competitors: MetaMask (143M users; broadly multi-chain), Trust Wallet (200M+; 70 chains), Phantom (15M MAU; multi-chain), [[coinbase-wallet]] (3.2M MAU; Coinbase Base L2 integration), Argent (smart-contract wallet).

Fun facts

July 2020 launch by Mike Demarais (Rainbow team) as design-focused Ethereum mobile wallet.
Widely regarded as best-designed Ethereum wallet for mobile UX + NFT management.
100K+ active users — smaller than MetaMask/Trust/Phantom but design-quality differentiated.
$19.5 million funding.
February 5, 2026 $RNBW token TGE — Rainbow's native token launch.
Ethereum + L2 focus (Arbitrum + Optimism + Base) vs broader multi-chain peers.
ENS-integrated — Ethereum Name Service is foundational to Rainbow UX.

Comparison

Feature	Rainbow	MetaMask	Trust Wallet	Phantom	[[coinbase-wallet]]
Operator	Rainbow Wallet	ConsenSys	Independent (post-May 2025)	Phantom Inc.	Coinbase Global (NASDAQ: COIN)
Type	Ethereum + L2 design-focused self-custody	Browser-extension + mobile multi-chain	Mobile-first 70-chain	Solana-native + multi-chain	Smart Wallet + Base L2
Users	100K+ active	143M / 30M MAU	200M+ / 115M active	15M+ MAU	3.2M MAU
Chains	Ethereum + Arbitrum + Optimism + Base	7+ (Ethereum + EVM + Solana + Bitcoin + Monad + Sei)	70+	6	Multi-chain
Native token	$RNBW (Feb 5, 2026 TGE)	mUSD stablecoin	None	None	None
Distinctive	Best-designed Ethereum wallet UX + NFT management + ENS	mUSD + Web3Auth onboarding	70-chain breadth	Solana-heritage	Smart Wallet ERC-4337

Status

Active, design-focused Ethereum + L2 self-custody [1, 4]:

Rainbow Wallet since July 2020.
100K+ active users + $19.5M funding.
Ethereum + Arbitrum + Optimism + Base L2 support.
February 5, 2026 $RNBW token TGE.

Sources

Source

Biography extracted from rainbow.md. See matrix.md for standards-support matrix if present.