Backpack Exchange

Backpack Exchange Airdrop

Team: Backpack (Armani Ferrante)
Category
DEX
Status
Live
Chain
Difficulty
Unlock
Fully unlocked24% of supply to points holders, unlocked at the BP TGE on 23 Mar 2026
Funding
$50 M
Rating
3.5
Tasks6
3.5 (2)

Event Timeline

Backpack launch

2023

Completed

Exchange opens

2024

Completed

Season 4 points begin

20 Nov 2025

Completed

TGE plan published

Feb 2026

Completed

BP TGE-24% points

23 Mar 2026

Completed

S-4 continues, weekly distribution

2026

Live Now

Milestone-based unlocks

Upcoming

About Backpack

Backpack is a Solana-native exchange and self-custodial wallet from the team behind the Mad Lads NFT collection, combining a centralised exchange, a wallet and a payments product under one account.

Its BP token launched on 23 March 2026, distributing 25% of a one billion supply 24% to points-programme participants and 1% to Mad Lads holders. Backpack states that no tokens were allocated to founders, team members or investors at inception, a departure from most exchange token launches. Of the remainder, roughly 37.5% unlocks against operational milestones and 37.5% stays locked in treasury until after any public listing.

Season 4 of the points programme has run since 20 November 2025, with points distributed every Friday at 02:00 UTC covering activity through the prior Thursday.

Project Fundamentals

25% to Community
0% to Team or Investors
Weekly Friday Distribution
1B Total Supply

How to get Backpack Airdrop

Step 1

Complete KYC

Points do not convert without an approved KYC status. Do this first rather than waiting for a snapshot announcement.
Step 2

Trade spot and perps

Trading volume across spot and perpetual futures is the clearest points driver.
Step 3

Use every product

Backpack states points reward activity 'across all products' and keeps exact criteria deliberately vague breadth across exchange, wallet and payments is safer than optimising one.
Step 4

Turn on Auto Lend

Idle balances earn yield and the activity itself contributes.
Step 5

Check the Friday distribution

Points post weekly at 02:00 UTC covering activity through the prior Thursday, so late-week activity lands in the following cycle.
Step 6

Refer active traders

Referrals count when the referred account genuinely trades, not merely signs up.

Why This Airdrop Matters

  1. Nothing was allocated to founders, team or investors at inception an unusually clean structure with no insider overhang.
  2. The team has already distributed once, on generous terms, so the mechanism is proven.
  3. Season 4 points continue to accrue and are distributed weekly rather than promised vaguely.
  4. Wallet, trading and payments activity all feed one points balance, so ordinary usage compounds.

Important Note

  • The March 2026 BP claim has closed. This is not an upcoming first airdrop Season 4 is the live opportunity.
  • Backpack keeps points criteria intentionally vague, so no guide can tell you exactly what scores. Treat specific formulas you read elsewhere with scepticism.
  • Only use backpack.app for the wallet and exchange.backpack.exchange for the exchange. There are no third-party Backpack airdrop portals.
  • Perpetual futures can liquidate your position well before any points become tokens.

Backpack Community

Official channels, documentation and community for this airdrop:

Why we built Airdrop Meta

Why We Built Airdrop Meta

36 million HYPE tokens went unclaimed over a missed T&C signature. That is $1.2 billion lost to a single update, and one of many such cases.

One overlooked deadline should not cost you a life-changing airdrop. Crypto Twitter is loud; we cut through it so you do not have to.

  • Build your personal watchlist
  • Get project updates & deadline alerts
  • Step-by-step guides and alpha for every airdrop
  • Filter by fundamentals, category, difficulty and more
Join Now