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Centralized exchangeProof of reserves

Backpack Exchange

Solana-native regulated exchange from the Anchor and Mad Lads team, offering spot, perpetuals, lending and tokenized stocks, with daily proof of reserves.

Volume (24h)$64.25MUSDT markets tracked live
Coins100with USDT pairs
Spot / Perp markets47 / 91tracked by ArbiLayer
Base fees0.02% / 0.05%maker / taker, futures

About Backpack Exchange

Solana-native regulated exchange from the Anchor and Mad Lads team, offering spot, perpetuals, lending and tokenized stocks, with daily proof of reserves.

Spot
Maker0.08%
Taker0.1%
Base tier
USDT-M futures
Maker0.02%
Taker0.05%
Base tier
  • Volume tiers recalculated hourly on 30-day volume
  • USDT/USDC conversion pairs trade at 0% fee (do not count toward tier volume)

Withdrawals: per asset / network; USD wire deposits without platform fee

New users

Points programme and BP token rewards

  • Trading and platform activity earns points toward BP token distributions
  • Referral programme
Claim on Backpack Exchange ↗Terms and regional eligibility vary. Check the offer page before signing up.

Proof of reserves

✓ Reserves verifiedReport ↗
Proof of reserves
Published
Method
On-chain proof of reserves (reported zero-knowledge verification)
Frequency
Daily
  • Daily proof of reserves published since August 2025

Company

Founded
2022
Headquarters
Dubai, UAE (EU entity Backpack EU in Cyprus)
Token
BPLaunched 23 Mar 2026 on Solana, 1B supply, 25% airdropped to points holders and Mad Lads holders with no insider allocation; long-term stakers can convert BP into company equity

Founders

AFArmani FerranteCo-founder & CEO
TYTristan YverCo-founder

Leadership

AFArmani FerranteCEO

Products

SpotPerpetual futures (up to 50x)Lending / borrowingTokenized US stocksGrid botsBackpack WalletBP token

Licences & registrations

Dubai VARA VASP licenceMiFID II investment firm licence (CySEC, via acquisition of FTX EU, January 2025) for regulated perpetuals in the EUJapan: JVCEA Type 2 membership (December 2024)

Not available in

United States

Incidents & regulatory history

  1. 2025Acquired FTX EU (Cyprus) and relaunched it as Backpack EU, a MiFID II-regulated perpetuals venue; supported return of funds to former FTX EU customers.
  2. 2022Lost about $14.5M of operating capital held on FTX in the November 2022 collapse.

Volume, last 7 days

7 days agonow

Top markets

ArbiLayer does not track live markets on this exchange yet.
Sources · checked Oct 1, 2026
  1. support.backpack.exchange
  2. support.backpack.exchange
  3. solanacompass.com
  4. kkinvesting.io
  5. coindesk.com
  6. learn.backpack.exchange
  7. finance.yahoo.com
  8. x.com