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Is not just a wallet. Is a LN node. So apart from the LSP you can also open and manage your own LN channels with other peers.

Here you have a comparison guide of all LN wallets:
https://darthcoin.substack.com/p/lightning-wallets-comparison
And here you have a more graphical comparison (based on functionalities):
https://i.postimg.cc/qvH59JWk/wallets-learning-climbing.jpg

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Oh that infographic is nifty.

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Well, it's the only wallet that also allows for fedimint funds as well.
It's also self-custodial.

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How does fedimint work?

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It's also self-custodial.

Please specify that YOU MUST run your own Mutiny node in order to be self-custodial.
Otherwise is not different than Phoenix or WoS.

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