Backpack (Solana exchange + wallet) has confirmed 25% of its future token supply goes to the community — 24% to points holders, 1% to Mad Lads NFT holders. Season 4 of the points program is live.
Create an account at the official Backpack Exchange site (exchange.backpack.exchange) or install the Backpack Wallet (backpack.app).
Trade on Backpack Exchange, or use the Backpack Wallet for Solana DeFi activity — both accumulate points.
Sending payments via Backpack Pay and referring active traders also earns points.
Only ever use backpack.app or exchange.backpack.exchange — Backpack has publicly warned there are no third-party airdrop portals for this program; anything else claiming to distribute Backpack tokens is a scam.
Facts only — Puqet doesn't rate airdrops as good or bad. Use this to form your own judgment, and always double-check against the project's own official docs.
Backpack Exchange is a live, operating Solana-based centralized exchange + self-custody wallet (with "xNFT" executable-app support). Points earned through trading/wallet usage/Backpack Pay are the stated path to the future token allocation — utility of the token itself (fee discounts, staking, governance, etc.) has not been detailed yet.
25% of total token supply is confirmed for the community: 24% to points-program holders, 1% to Mad Lads NFT holders. The remaining ~75% (team, investors, treasury, etc.) has not been publicly broken down as of this writing.
Raised $17M in a Series A (Feb 2024) led by Placeholder VC at a $120M valuation, with Jump Crypto, Hashed, Amber Group, Wintermute, Robot Ventures, Delphi Digital, and Selini Capital also participating. Was reportedly in talks for a new raise at a ~$1B valuation.
Founded by Armani Ferrante (known Solana developer, also created the Anchor framework) and Tristan Yver (former FTX executive), with Can Sun (former FTX General Counsel, testified in the Sam Bankman-Fried trial) and Tom Linton also on the founding team — a publicly known, doxxed team, not anonymous.
Backpack has publicly and repeatedly warned that there are no third-party airdrop portals for its points program — only backpack.app and exchange.backpack.exchange are official. Worth noting the team's earlier venture (before Backpack) held funds on FTX and lost roughly 88% of its treasury in the FTX collapse.
No live market data yet — here's what's known about the project instead.
Backpack Exchange is a live, operating Solana-based centralized exchange + self-custody wallet (with "xNFT" executable-app support). Points earned through trading/wallet usage/Backpack Pay are the stated path to the future token allocation — utility of the token itself (fee discounts, staking, governance, etc.) has not been detailed yet.
