Agent-safe signing · Institutional MPC wallet

Coldstar vs Fordefi

Fordefi is the institutional wallet for DeFi-heavy funds: two-share MPC where you run one share in a self-hosted API Signer and Fordefi runs the other in Nitro Enclaves, with ordered policies that allow, block, or require approval. It is the closest an institutional product gets to "a share the vendor can't use alone". Coldstar removes the vendor share entirely.

Last reviewed 2026-09-04 · Facts link to first-party sources below · Corrections welcome

Pick Fordefi if

  • You are a fund or desk that needs transaction simulation, quorum approvals, and a co-signer the vendor cannot use alone.
  • You want a self-hosted signer component (Docker or Helm) without building enclave infrastructure.
  • You have SOC 2 and pentest requirements and a budget for a subscription.

Pick Coldstar if

  • You want no vendor share at all: one owner-held offline root.
  • You need the whole stack open source and free.
  • You are running agents or a DAO treasury, not a fund's operations desk.

Use both when

Fordefi for the trading vault under compliance; Coldstar for the cold reserve and for agents that don't justify a subscription.

Side by side

ColdstarFordefi
Who holds the root keyYou. The cold root lives encrypted on your own USB drive. No vendor holds a key, a share, or an account.Split: the customer's share lives in a mobile hardware enclave or a customer-run API Signer; Fordefi's share lives in AWS Nitro Enclaves. Fordefi cannot sign alone. Self-custody.
Where the key livesOn your machine. The air-gapped root signs a bounded policy envelope; a disposable session key signs routine transactions inside it.Customer share on device or in your API Signer container; Fordefi share in Nitro Enclaves.
Policy enginePer-transaction limit, daily cap, program allowlist, recipient allowlist and blocklist, escalate-above threshold. Evaluated locally, first match wins, before any signature exists.Ordered rules on amount, initiator, vault, destination and address book, asset, and dApp; actions Allow, Block, or Require Approval with quorum or approver-group combinations; AML-alert policies.
Out-of-policy transactionsESCALATE to a human over air-gapped QR, or REJECT. No signature is produced for a rejected transaction.Held for approval by the configured quorum or approver groups, or blocked.
Cold / offline rootYes — the root key never touches a networked machine.No air-gapped root.
Agent integrationFramework-agnostic: the agent proposes an unsigned transaction, the signer decides. CLI signer today; MCP server in progress.REST API plus self-hosted API Signer for unattended signing; MPC SDK for wallet-as-a-service. No AI-agent product on the docs we fetched.
Solana supportSolana mainnet. Core is chain-agnostic; EVM signing exists.Yes: Solana mainnet, Eclipse, Fogo; SOL and SPL; Wallet Standard.
Source & self-hostingOpen source (MIT), self-hosted. No API key, no SaaS dependency, nothing to go down.Closed source. SOC 2 Type II (EY); pentests by NCC Group and Skylight Cyber. Hosted co-signer with a self-hosted signer component.
PricingFree software plus a ~$10 drive.Not public; sales contact.
MaturityBeta — the signing core and policy engine are in scope for the planned independent audit.Production; institutional client base.

Fordefi's two-share model with a customer-run signer is genuinely better than a fully hosted key, and it is the right shape for a fund. Coldstar's point is that for an agent or a DAO, the second share is still a vendor dependency you may not need.

Where each one wins

Where Fordefi wins

  • Vendor cannot sign alone, and you run a share yourself in your own container.
  • Institutional workflow. Simulation, address books, quorum approvals, AML alerts.
  • Assurance. SOC 2 by EY and named pentest firms.

Where Coldstar wins

  • No vendor share. One root, offline, yours.
  • Open and free. MIT-licensed, self-hosted end to end.
  • Air-gapped escalation for over-threshold transactions.

What you are actually trusting

Fordefi splits the key so that its Nitro co-signer and your API Signer must cooperate. A compromise of Fordefi alone cannot move funds; a compromise of your signer alone cannot either. You still depend on Fordefi's availability and policy layer for every transaction, and the arrangement is a subscription.

Coldstar has no co-signer. The root is one encrypted file on your drive, used offline to sign a policy envelope; the session key that acts inside it is disposable and bounded by a local rule list. Availability depends on nothing but your own machines.

Fordefi is production infrastructure with independent assurance. Coldstar is beta, pre-audit.

Frequently asked questions

Is Fordefi's API Signer the same as self-hosting?

You self-host one MPC share in Fordefi's container; the other share and the policy layer run on Fordefi's infrastructure. Coldstar is self-hosted end to end.

Does Fordefi have an agent product?

Not on the docs we fetched at review time. Its API Signer supports unattended, policy-gated signing, which an agent could use.

Can Fordefi's root be air-gapped?

No; both shares must be reachable to sign. Coldstar's root signs a policy envelope offline and is not needed for routine transactions.

Try Coldstar in two minutes

Open source, MIT. macOS, Linux, Windows — and on the Solana Seeker dApp Store.

pip install coldstar

Related comparisons

Sources

  1. Fordefi docs: set up an API Signer (customer-held share)
  2. Fordefi docs: product security (Nitro Enclaves)
  3. Fordefi docs: policies
  4. Fordefi docs: supported blockchains (Solana)
  5. Fordefi homepage (SOC 2, pentests)

Third-party facts were checked against the vendor's own pages on the date above. Pricing and feature sets change; if something here is out of date, tell us and we will fix it.