Cosmos-first Leap Wallet to cease operations on May 28, users urged to migrate

After more than four years, Leap Wallet takes its final leap into the sunset.

Leap Wallet will end all services on May 28, 2026, closing a run of more than four years as one of the Cosmos ecosystem’s popular wallets, the team said this week.

After the designated date, all products, including Leap Wallet’s browser extension, mobile apps, Compass Wallet, SwapFast trading tool, the Leap Cosmos Hub Validator, and Snaps will stop working.

The announcement comes after a period of social media silence, with posts having stopped by the end of 2025. Leap Wallet said the decision was made after careful consideration.

While users can continue to access balances, send tokens, and manage staking until May 28, they are encouraged to move to other compatible wallets, such as Keplr, MetaMask, Phantom, or Rabby. Users are advised to export their recovery phrase or private keys and migrate to another compatible wallet to maintain access.

As a non-custodial service, Leap does not hold user funds, meaning assets remain accessible through other platforms. The company also recommends redelegating any staked ATOM to ensure uninterrupted rewards.

For holders of the MANTRA token specifically, the layer 1 team pointed to a bridge tool operated by MANTRA Chain that enables transfers from Cosmos wallets to EVM environments.

Community response

Members of the Cosmos community responded with praise following the announcement. Josh Lee, cofounder of Keplr and the Osmosis DEX, expressed respect for Leap Wallet’s achievements.

Background

Founded in 2021, Leap Wallet secured $3.2 million in venture funding in April 2022 at a valuation of roughly $40 million. That capital funded product development and expansion across more than 100 blockchain networks.

Since its launch, Leap Wallet has grown from a niche Terra tool into a cornerstone of the Cosmos ecosystem. Over four years, it expanded to support more than 100 networks, including almost the entire Cosmos SDK ecosystem and major non-Cosmos chains like Ethereum, Solana, and Bitcoin. Its “super-app” dashboard, Leapboard, integrated DeFi, NFTs, and governance, moving beyond simple asset storage.

At its peak, the wallet served hundreds of thousands of users globally and was widely recognized as the top alternative to Keplr.

Leap Wallet was also a go-to wallet for airdrop enthusiasts, supporting early adoption of modular chains like Celestia and Dymension.