Phantom uses the Solana Token Registry to display token information. In order for a token to be displayed in Phantom properly the token project must submit their info to the Solana Token Registry repository and then the Solana team needs to approve it.
Phantom does not choose which tokens to display in the wallet. We use an external data source controlled by the Solana ecosystem.
Requirements for displaying USD prices for tokens
In order for Phantom to display the USD price for a given token, the developers of the token project must meet all these requirements: