dossiers/Backpack Token

Backpack

·Followers not tracked ·token-live, high confidence ·grok

trading Solana

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Backpack is a licensed crypto exchange and US-stock brokerage with a self-custody wallet. BP is its Solana utility token: staking is claimed to cut fees and, after one year, to open a path to company equity. The same group issues tokenized US stocks on Solana that it says are redeemable 1:1 for real shares.

Readout

price
$0.584
24h vol
$4.57m
mcap
$583.57m
liquidity
$2.17m
holders
9.9k
24h
+0.1%

LP unlockedmint not renounced

calls on gg
1
first called at
$409.47m
since
1.43x

Last onchain reading for BP on sol, not live. gg records that someone called it, never that they were right.

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Founders

  • Armani Ferrante armaniferrante CEO. Created Solana's Anchor. Former Alameda and Apple.
  • Tristan Yver tristan Co-founder, former FTX US. Moved to advisor in Dec 2024.
  • Can Sun CCO. Former FTX International general counsel.

Notable

  • Official docs list this exact Solana mint as BP. Explorer snapshot on 2026-09-09: about $138M mcap, $8M 24h volume.
  • TGE 23 Mar 2026: company says 250M of 1B supply went to points and Mad Lads, with no founder or investor allocation at launch.
  • Claims 1-year stakers can convert BP into company equity, up to 20% of the company in aggregate.
  • Issues 1:1 redeemable tokenized US stocks on Solana (e.g. SPCX, MU) listed via Sunrise. CoinDesk covered the TGE.
  • 2024 Series A: $17M at a $120M valuation, led by Placeholder (CoinDesk).

Unverified

  • Mint and freeze authority still set to GySFHFS5ZiN4Z5YnyPZcjjxpYcGvD7qHZYVjE9QzMHVH; not shown as revoked.
  • Equity-conversion and IPO-access programs are company claims; legal status not independently verified.
  • Site volume, custody, and license figures not independently audited here.

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