Games like Phantom Tower
Games like Phantom Tower include Hades, Wolcen: Lords of Mayhem, Hades II, Moonlighter, and Last Epoch. We matched them by the tags players give Phantom Tower on Steam (Dungeon Crawler, Hack and Slash, Adventure, Singleplayer, and Action): closest matches first, and among equally close ones the better-known games.

Hades
Shared: Hack and Slash · Action · Singleplayer

Wolcen: Lords of Mayhem
Shared: Hack and Slash · Singleplayer · Action RPG

Hades II
Shared: Hack and Slash · Action · Dungeon Crawler

Moonlighter
Shared: Hack and Slash · Dungeon Crawler · Adventure

Last Epoch
Shared: Hack and Slash · Action RPG · Dungeon Crawler

Grim Dawn
Shared: Hack and Slash · Dungeon Crawler · Action RPG

Path of Exile 2
Shared: Hack and Slash · Action RPG · Dungeon Crawler

Torchlight II
Shared: Hack and Slash · Dungeon Crawler · Action RPG

Minecraft Dungeons
Shared: Dungeon Crawler · Hack and Slash · Adventure

God of War
Shared: Singleplayer · Action · Adventure

Diablo® IV
Shared: Hack and Slash · Dungeon Crawler · Action RPG

Heroes of Hammerwatch II
Shared: Dungeon Crawler · Action · Adventure

Soulstone Survivors
Shared: Hack and Slash · Action Roguelike · Action RPG

UnderMine
Shared: Dungeon Crawler · Adventure · Action

Torchlight III
Shared: Hack and Slash · Adventure · Dungeon Crawler

Torchlight
Shared: Hack and Slash · Dungeon Crawler · Singleplayer

Terraria
Shared: Survival · Adventure · Crafting

Don't Starve
Shared: Adventure · Survival · Crafting

Black Myth: Wukong
Shared: Action · Action RPG · Singleplayer

Hero Siege
Shared: Hack and Slash · Action RPG · Action Roguelike

Minecraft Dungeons II
Shared: Adventure · Dungeon Crawler · Action

The Incredible Adventures of Van Helsing
Shared: Hack and Slash · Adventure · Action

Children of Morta
Shared: Hack and Slash · Dungeon Crawler · Action Roguelike

The Forest
Shared: Survival · Adventure · Crafting