Solana Ecosystem

Squads Labs

The company behind Squads Protocol (multisig smart accounts) and Fuse wallet on Solana. Squads Labs builds smart account infrastructure enabling teams to manage on-chain treasuries, program upgrades, and protocol governance through multi-signature authorization. The Fuse wallet extends this technology to individual users with social recovery and programmable account security features.

IDsquads-labs

Plain meaning

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The company behind Squads Protocol (multisig smart accounts) and Fuse wallet on Solana. Squads Labs builds smart account infrastructure enabling teams to manage on-chain treasuries, program upgrades, and protocol governance through multi-signature authorization. The Fuse wallet extends this technology to individual users with social recovery and programmable account security features.

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Teams, protocols, tools, and the wider Solana product landscape.

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Squads Labs (squads-labs)
Category: Solana Ecosystem
Definition: The company behind Squads Protocol (multisig smart accounts) and Fuse wallet on Solana. Squads Labs builds smart account infrastructure enabling teams to manage on-chain treasuries, program upgrades, and protocol governance through multi-signature authorization. The Fuse wallet extends this technology to individual users with social recovery and programmable account security features.
Related: Squads (Multisig), Multisig, Wallet
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Concept graph

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Branch

Squads (Multisig)

A multisig protocol on Solana (Squads v3/v4) enabling M-of-N approval for transactions. Used to manage program upgrade authorities, treasury wallets, and DAO operations. Squads creates a multisig PDA that acts as the authority; members propose transactions that execute once the threshold is reached. Critical for production program security.

Branch

Multisig

An account controlled by multiple parties requiring M-of-N signatures to authorize actions. On Solana, multisig is implemented by programs like Squads rather than at the protocol level. Use cases: program upgrade authority (require 3-of-5 team members), treasury management, and DAO governance execution.

Branch

Wallet

Software or hardware that manages cryptographic keys and enables users to sign transactions, view balances, and interact with dApps. Hot wallets (Phantom, Solflare, Backpack) are internet-connected for convenience. Cold wallets (Ledger, Trezor) store keys offline for security. Wallets don't actually 'hold' tokens—they hold the private keys that control on-chain accounts.

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Developer Tools

Squads (Multisig)

A multisig protocol on Solana (Squads v3/v4) enabling M-of-N approval for transactions. Used to manage program upgrade authorities, treasury wallets, and DAO operations. Squads creates a multisig PDA that acts as the authority; members propose transactions that execute once the threshold is reached. Critical for production program security.

Developer Tools

Multisig

An account controlled by multiple parties requiring M-of-N signatures to authorize actions. On Solana, multisig is implemented by programs like Squads rather than at the protocol level. Use cases: program upgrade authority (require 3-of-5 team members), treasury management, and DAO governance execution.

Web3

Wallet

Software or hardware that manages cryptographic keys and enables users to sign transactions, view balances, and interact with dApps. Hot wallets (Phantom, Solflare, Backpack) are internet-connected for convenience. Cold wallets (Ledger, Trezor) store keys offline for security. Wallets don't actually 'hold' tokens—they hold the private keys that control on-chain accounts.

Solana Ecosystem

StakeWiz

A Solana validator analytics platform built by Laine providing performance metrics, commission tracking, APY comparisons, and stake distribution data. StakeWiz helps delegators evaluate and choose validators based on historical performance, skip rates, voting records, and commission changes, serving as one of the primary tools for informed staking decisions on Solana.

Commonly confused with

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Solana Ecosystemsolana-labs

Solana Labs

The original development company that created the Solana blockchain, co-founded by Anatoly Yakovenko and Raj Gokal in 2018. Solana Labs developed the initial validator client, designed Proof of History, and launched the network in March 2020. In 2024, the company spun off validator client development to Anza, shifting focus to ecosystem growth, incubation, and strategic initiatives.

Solana Ecosystemhelius-labs

Helius Labs

A Solana infrastructure company providing RPC nodes, webhooks, DAS API (Digital Asset Standard), and developer tools. Helius is one of the most widely used Solana RPC and indexing providers, offering enhanced APIs for compressed NFTs, transaction parsing, and real-time event streaming. The team also built the XRAY explorer and contributes to Solana developer tooling and documentation.

Related terms

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Developer Toolssquads

Squads (Multisig)

A multisig protocol on Solana (Squads v3/v4) enabling M-of-N approval for transactions. Used to manage program upgrade authorities, treasury wallets, and DAO operations. Squads creates a multisig PDA that acts as the authority; members propose transactions that execute once the threshold is reached. Critical for production program security.

Developer Toolsmultisig

Multisig

An account controlled by multiple parties requiring M-of-N signatures to authorize actions. On Solana, multisig is implemented by programs like Squads rather than at the protocol level. Use cases: program upgrade authority (require 3-of-5 team members), treasury management, and DAO governance execution.

Web3wallet-general

Wallet

Software or hardware that manages cryptographic keys and enables users to sign transactions, view balances, and interact with dApps. Hot wallets (Phantom, Solflare, Backpack) are internet-connected for convenience. Cold wallets (Ledger, Trezor) store keys offline for security. Wallets don't actually 'hold' tokens—they hold the private keys that control on-chain accounts.

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Solana Ecosystem

Phantom

The most popular Solana wallet, available as a browser extension and mobile app with multi-chain support (Solana, Ethereum, Polygon, Bitcoin). Phantom provides token swaps, NFT management, staking, and a built-in dApp browser. Known for its clean UX and rapid feature adoption, it has become the default entry point for most Solana users and consistently ranks among the top crypto wallets by active users.

Solana Ecosystem

Solflare

A Solana-native wallet offering browser extension, mobile, and web interfaces with deep staking integration, hardware wallet support (Ledger), and a built-in dApp browser. Solflare was one of the first Solana wallets and provides advanced features like stake account management, token metadata display, and priority fee controls. It supports the Solana Wallet Standard for seamless dApp connectivity.

Solana Ecosystem

Backpack Wallet

A multi-chain wallet developed by Coral (the team behind xNFT protocol) that combines MPC and self-custody models. Backpack pioneered executable NFTs (xNFTs) that embed full applications inside NFTs, enabling a decentralized app store experience within the wallet. It supports Solana, Ethereum, and other chains with a focus on developer extensibility and programmable wallet experiences.

Solana Ecosystem

Backpack Exchange

A regulated cryptocurrency exchange built by the same team behind Backpack Wallet (Coral). Licensed in multiple jurisdictions, it offers spot and perpetual futures trading with a focus on the Solana ecosystem. Backpack Exchange integrates tightly with the Backpack Wallet for seamless fund transfers and aims to bridge the gap between centralized exchange liquidity and self-custodial wallet experiences.