BACKD
BACKD Rank —Price chart
What is BACKD?
Overview
Backd is a launchpad platform for launching tokens on Solana. New tokens begin trading on a Meteora bonding curve and graduate to a Meteora DAMM v2 pool. Each trade incurs a 1.20% fee collected into a token-specific vault. The platform is designed for creators launching tokens and traders participating in new projects.
How it works
Backd operates on Solana. Each launched token accumulates trading fees in its own vault, starting with no initial capital. The majority of collected fees are deployed as margin on perpetual futures positions on Hyperliquid against external assets like ETH or SOL. Idle vault capital earns lending yield through Save. All fee flows, positions and transactions are recorded on-chain.
Token and supply
BACKD is the platform's native token. A portion of fees generated from every token launched on the platform is used to repurchase and burn BACKD tokens. Total supply is approximately 993 million tokens. When positions generate profit, token creators receive the majority while the platform retains 10%.
Where to trade BACKD
1 exchanges · top 10
Live spot quotes from connected exchanges
BACKD funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.