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BA

Backpack Exchange

Team: Armani Ferrante & Tristan Yver (Mad Lads, Coral)
Category
Dex
Status
Live
Difficulty
Funding
TBA
Rating
N/A
Tasks6
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Event Timeline

Backpack Wallet 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, 1% Mad Lads

23 Mar 2026

Completed

Season 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

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