How It Works
Recommended Networkpolygon
Withdrawal Feenetwork gas fee only
Processing Time~2 minutes
Deposit from Phantom
- 1
1
Open your Phantom wallet (browser extension or mobile app).
- 2
2
Make sure you are connected to the correct network for your stablecoin. Phantom defaults to Solana but also supports Ethereum, Polygon, and Base.
- 3
3
Open the Peanut app and copy your deposit address for the chosen network.
- 4
4
In Phantom, tap Send and paste the Peanut deposit address.
- 5
5
Select the stablecoin you want to send (USDC or USDT) and enter the amount.
- 6
6
Review the estimated transaction fee and confirm.
- 7
7
Wait for network confirmation -- Solana transactions typically confirm in under 1 minute; other networks take 1--10 minutes.
Frequently Asked Questions
Related Pages
Last updated: 2026-02-26