Omni vs Rainbow
Omni -Overview
Wallets are an essential tool for navigating Web3. You cannot avoid having a wallet but with so many of them out there, researching which one is the right option for you can get tedious. Here is the comparison of the Omni wallet vs. the Rainbow wallet for factors that matter most to Web3 users.
What is Omni?
Omni is a mobile-first super wallet that brings everything Web3 users need to manage their assets across all major chains, from EVMs, to non-EVMs, and all major L2s. You can also manage your NFTs across major chains on top of being able to swap, bridge and stake in record speed, all in one place. On top of that, Omni is one of the most secure self-custodial wallets in the market, allowing you to even import your Ledger for maximum safety.
What is Rainbow?
Rainbow is a widely used Ethereum mobile wallet. As a wallet that launched in 2016, it is one of the older wallets in the market that enables users to store and swap their assets. Rainbow is also a self-custodial wallet that is used by most developers for deploying their dApps and by Web3 users for interacting with web3 applications.
What are the services that Omni and Rainbow offer?
Although both Omni and Rainbow are self-custodial wallets, these apps provide different value to users. You will begin to see the differences when you consider what the two wallets are trying to achieve with their services. While Omni is a multi-chain wallet that provides a vast range of DeFi, NFT, and general Web3 services, Rainbow is more focussed on developing management of funds for Ethereum.
| Omni | Rainbow |
|---|---|---|
Chain support | 24 networks and expanding ✅ EVMs ✅ Non-EVMs ✅ L2s | 4 networks ❌ Only Ethereum and selected L2s |
Native staking | ✅ Liquid staking in 3 taps ✅ Native Staking in 3 taps | ❌ |
Native yield vaults & Lending | ✅ Deposit to Yearn vault in 3 taps ✅ Lend through AAVE V3 in-app in 3 taps | ✅ Lend directly on Uniswap in-app |
Native Bridges and Swaps | ✅ Swaps for EVMs ✅ Swaps for non-EVMs ✅ Bridges | ✅ Swaps for EVMs ❌ No Swaps for non-EVMs ✅ Bridges
|
Multi-chain NFT support | ✅ EVM & non-EVM ✅ View all NFTs in one place ✅ Set your favorite NFT as your Home Screen background
| ❌ 4 of the supported networks only ✅ View all NFTs in one place ❌ No personalization of app with your NFT |
Security | ✅ Self-custodial ✅ Hardware wallet support ✅ Audited by award-winning independent agencies
| ✅ Self-custodial ❌ Hardware wallet support
|
Buy crypto | ✅ Buy crypto in-app via fiat on ramp | ✅ Buy crypto in-app |
Import external wallets | ✅ Import Metamask, Phantom and Keplr ✅ Take advantage of Omni's features while storing your funds in external wallet | ✅ Import Ethereum wallets |
Accessibility | ✅ Mobile app ✅ Browser extension coming soon | ✅ Mobile app ❌ Browser extension |
Explore Web3 | ✅ Latest updates of new dApps and news articles for each ecosystem | ✅ Some curation for dApp discovery |
Support | ✅ Active discord support ✅ Email support | ✅ Active discord support ✅ Email support |
WalletConnect | ✅ EVMs ✅ Non EVMs: Cosmos & Solana ✅ WalletConnect v1 and v2 ✅ Rich transaction approval data | ✅ 4 supported networks ❌ No non-EVMs |
Chain Activity Notifications | ✅ Rich push notification messages on address activity for 8+ chains | ❌ |
Core feature: Multi-chain experience
Your wallet is the foundation of your Web3 experience. It should enable you to navigate Web3 easily, and efficiently. See how Omni and Rainbow compare across some of the most important use-cases in Web3.
Your wallet is like your buddy that adventures around the Web3 universe with you. The easier and simpler it is to use, the better your experience of Web3 will be.
Omni
Omni was designed to provide you with a range of features and functionalities that are extremely simple so that you can spend more time doing the things that are actually important: Experiencing Web 3. This is why, no matter what chain you are on, your staking experience with any token will be the same 3-tap flow. Whether it be staking, liquid staking or even depositing in a yield vault, Omni's 3-tap signature flow allows you to focus more on earning rather than consistently adapting to different earning infrastructure to get your DeFi work done.
The future of Web3 is multi-chain. With the developments of cross-chain interactivity and with different chains bringing powerful Web3 innovations to users, multi-chain interactions are increasing. Whether you want to play your favorite game using BNB, hop to a lending platform to deposit your SOL or find the hottest Ethereum NFTs on Opensea, you only need to use one multi-chain wallet like Omni to fulfill your Web3 fun.
Rainbow
Rainbow was built with the innate idea of making wallets fun and easy to use. Although Rainbow excels at making lending on Uniswap super simple or buying ETH and Dai quick, it only supports Ethereum based assets.
As the Web3 space continued to develop, users now can participate in a comprehensive range of activities in a range of chains. From trading NFTs on Stargaze, to accessing cloud computing in Akash, to playing hot games on Solana and BNB, we need flexibility in manoeuvring across chains. Although Rainbow is great for managing your ETH or ERC-20 tokens, and connecting with dApps across its supported ecosystems, if you want to experience the full breadth of Web3, you will need Omni to enjoy full access.
Supported chains
Omni | Rainbow |
|---|---|
Akash Arbitrum Avalanche BNB Smart Chain Celo Cosmos Ethereum Fantom Gnosis Chain Harmony Juno Kava Moonriver Near Optimism Osmosis Persistence Polygon Solana Stargaze Sushi Tezos The Graph zkSync | Arbitrum Ethereum Optimism Polygon |
Check out what you can expect on Omni for yourself by downloading the Omni app at the Apple app store or on Google Play!
