Backpack Token
BPxxfRCXkUVhig4HS1Lh7kZqV6SPJhzfEk4x6fVBjPCyProject description from GG
Backpack (BP) is the native token built specifically for Backpack, a regulated cryptocurrency exchange and wallet ecosystem. BP is designed to unlock exclusive benefits within the Backpack platform, including fee discounts, platform rewards, ecosystem access, and other benefits. Backpack VIP users may also exchange BP for Backpack company equity, subject to the applicable mechanism and terms and conditions. The longer users hold and stake, the greater their access and rewards within the Backpack ecosystem. BP exists to reward the most committed members of the Backpack community.
Links supplied by GG where no quests profile is linked. Ownership unverified.
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The thesis
Edited Aug 7, 2026, 3:15 PM UTC
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Dossier: Backpack
Open project pageBackpack 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.
GG1 GMGN Referral links. We may earn a commission. 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.
Project discussion, shared with its dossier and every GG call linked to this project.
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