How to check a Solana wallet

The short version

1. Look at realized profit over a recent period, not at the balance.
2. Check how much was sold at an unknown purchase price.
3. Check how much of the history was read and how confident the figures are.
4. Read win rate together with profit, never on its own.
5. Remember what a check cannot tell you: who owns the wallet and whether its funds are clean.

What a wallet check can and cannot tell you

Every transaction on Solana is public. From them you can see what a wallet bought and sold, when, at what price in SOL, and what it holds now. From that you can work out its profit and loss.

A check does not tell you who owns the address. It is also not an AML or “clean funds” check: that needs sanctions and risk databases, which is a different kind of service. And you never need a seed phrase, a private key or a wallet connection to check an address. A site that asks for any of these is a warning sign.

How to check a wallet on Menfiso

1. Paste the address into the Solana wallet PnL checker.
2. If the wallet has not been analysed yet, press “Analyse this wallet”. The analysis is queued, and the page shows its place in the queue.
3. When it is done, the page shows realized PnL, return, win rate and volume for 7, 30 and 90 days and all time, current holdings, closed positions and the latest trades.
4. Switch between USD and SOL. USD uses the price of SOL at the time of each trade.

The steps below explain how to read that report. They apply to any tool, not only ours.

Realized profit comes first

Realized PnL is what the wallet got for what it sold, minus what it paid for it. Unrealized PnL is the value of what it still holds at today's price. On a small token that price can vanish the moment someone tries to sell, so a large unrealized figure proves little.

Look at a recent period. Most of the wallets we analysed were not profitable over the last 30 days: of the 206 with a known 30-day result, 52 made money.

Check what was sold at an unknown cost

Tokens that arrive by transfer, airdrop or from another wallet have no purchase price in this wallet's history. If a tool counts their cost as zero, the whole sale looks like profit, and a wallet can look far better than it is.

This is common. Of the 226 wallets that sold something in the last 30 days, 193 sold at least part of it at an unknown cost. For most of them the share was small: the median wallet had a known cost for 98% of what it sold. But for 28 wallets the known share was below 80%, and for 16 it was below half.

Menfiso leaves these sales out of realized PnL and shows them in a separate row, “Sold at unknown cost”, with the share that has a known cost.

Check how complete the data is

Busy wallets have tens of thousands of transactions, and no tool reads all of them for free. We read up to the latest 3,000, and for 79 of the 236 wallets we analysed that was the whole history. The page says when it is not.

Each period also gets a data confidence level. Over 30 days it was low for 113 wallets, medium for 59 and high for 64. The most common reasons:

A wallet can have several reasons. Low confidence does not mean the wallet is bad. It means the figures say less than they seem to.

Read win rate together with profit

Win rate is the share of closed positions that made money. It says nothing about how much. Among the 206 wallets with a known 30-day result:

• 38 of the 52 profitable wallets won on fewer than half of their positions: their winners were larger than their losers;
• 5 of the 19 wallets with a win rate of 50% or more still lost money.

Also check how many positions the win rate is based on. Two closed positions give 0%, 50% or 100%, and none of them means much.

Signs that need a closer look

• Bot-like trading. Hundreds of trades a day, positions held for seconds, or many failed transactions. We flagged 25 of the 236 wallets this way.
• Profit from one token. One lucky trade can make a month. Look at the positions table.
• A large unrealized figure on small tokens. Check whether the market could absorb a sale of that size.
• Many incoming transfers. Tokens and SOL moving in from other wallets can mean several wallets act together, which makes one wallet's record incomplete.

These wallets were found on DEXs, so they are active traders, not typical holders. The figures describe them, as of 2 November 2026, and not all of Solana.

After the check

If the record holds up, compare it with other traders on the Solana top traders page or side by side in the wallet comparison. Our rules for a trustworthy record are in how to find profitable Solana wallets, and how to follow such wallets is in how to track smart money on Solana. Every calculation is described in the methodology.

A record describes the past, not the future. Read this guide as information, not financial advice.