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.

The team said this week Leap Wallet will end all services on May 28, 2026, ending over four years as one of the Cosmos ecosystem’s most popular wallets.

When the date is set, 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 after that date.

This is the announcement after a period of social media silence, with posts stopped by the end of 2025. It was made “with a very careful consideration of the decision,” Leap Wallet said.

In a statement the team said ‘This decision was not taken lightly. But we remain a proponent of crypto and the interchain ecosystem, as well as supporting those who still have builders in this arena,” said .

While users can still use balances and send token, or control a swipe to the phone until May 28, they are encouraged to travel back to other compatible wallets (Keplr, MetaMask, Phantom, Rabby). A user is instructed to export his/her recovery phrase or private keys and migrate back into another compatible wallet to keep access.

Leap doesn’t hold users funds (the assets are still available through other platforms) as a non-custodial service, so that the assets remain accessible via various services. It also recommends relegating any ATOM staked to ensure continued rewards.

The layer 1 team pointed to a bridge tool by $MANTRA Chain for holders of the $MERTRA token specifically, which allows transfers from Cosmos wallets to EVM environments.

Leap Wallet will sunset on 28th May 2026.

• $MANTRA in Leap Wallet, we suggest another wallet like @keplrwallet or @MetaMesk before then.

$MANTRA | The EVM L1 for RWAs (@$MANTRA_Chain) April 3, 2026

Community response

The Cosmos community’s members praised the announcement after it was announced that would be in use, and responded with praise. Jesse Lee, cofounder of Keplr and the Osmosis DEX, said ‘It is very good that Leap Wallet has done so much.

Lee said ‘It’s a good thing to respect all you guys that have built. wishing the team best next step,’ “Wishing the staff the best in their future”. But based on what I’ve heard you all will do great. – ’.

“Nothing but respect for this team. You shipped hard, supported builders, and pushed self-custody forward,” Keystone Wallet said.

Background

The Leap Wallet, founded in 2021, earned $3. Venture funding 2 million in April 2022 venture funding at a valuation of around $40 million, with the value being $2 million. That capital funded product development and expansion across over 100 blockchain networks through that capital, which was a source of funding for product growth and product innovation.

The launch of Leap Wallet, which has evolved from a niche Terra tool into one of the cornerstones of Cosmos ecosystems since its introduction. It grew to over 100 networks in four years, including nearly the entire Cosmos SDK ecosystem and large non-Cosmos chains such as Ethereum, Solana (and Bitcoin). In addition to its simple asset storage, Leapboard’s “super-app” dashboard, integrated DeFi, NFTs and governance.

During its peak, the wallet served hundreds of thousands in circulation worldwide and was widely considered to be Keplr’s best alternative to KepplR.

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

“Thank you for Leaping with us,” the team said.

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