Live · updated 12 minutes ago
Backpack Price chart
Key stats
Performance
How the price moved over each period.
Supply
250.00M of 1.00B BP are in circulation.
- Circulating
- 250.00M
- Total supply
- 1.00B
- Max supply
- 1.00B
ⓘ Circulating · Total supply · Max supply
Circulating supply: coins currently available to trade, as reported by the data provider.
Total supply: coins created so far, minus any burned. It includes locked or not-yet-released coins.
Max supply: the hard cap on coins that can ever exist. Shown as “No max supply” when the protocol sets no cap.
CryptoWave Health score
Five measurable signals. Each ring segment’s length is its weight; how full it is shows the score.
Volume is 1.46% of market cap. Thin trading; small orders can move the price.
$219.97M market cap, rank #166. Bigger is harder to push around.
25% of the maximum supply circulates. Big unlocks could dilute holders.
46.7% below its all-time high of $1.65.
Largest recent swing: 5.88% a day. Moderate.
Describes market structure today. Not a price forecast and not investment advice.
How this score is calculated
A weighted average of five signals computed from the market data on this page. Each signal is scored from 0 to 100:
- Liquidity (25%): 24-hour trading volume divided by market cap.
- Market depth (25%): market cap, on a logarithmic scale from $10 million to $1 trillion.
- Supply (15%): circulating supply divided by max supply, or by total supply when there is no cap. More supply already in circulation scores higher.
- Distance from peak (15%): the current price compared with the all-time high.
- Stability (20%): the largest recent price swing among the 1-hour move (×3), the 24-hour move and the 7-day move (÷2.6).
Bands: 75 and above strong, 55–74 fair, 35–54 weak, below 35 fragile.
Limits: the score describes current market structure only. It is not a price forecast, an audit or investment advice, and it does not consider the team, code or token unlocks. A missing input counts as a neutral 50.
Time machine
Drag the date. See what a one-off buy or a regular buy would be worth today. Real daily closing prices, fees not included.
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What is Backpack (BP)?
BP is the token of Backpack, the company behind the Backpack crypto exchange, the Backpack Wallet and the Mad Lads NFT collection. It is a Solana token with a fixed supply of 1 billion, launched through a token generation event in March 2026 that was distributed to users rather than sold in a presale.
What BP is used for
BP is designed around participation in the Backpack ecosystem rather than as a general-purpose currency. Users stake it through the Backpack Participant Program, and rewards grow with the amount staked and the time it stays staked.
- Trading fee discounts: Staking unlocks lower fee tiers, including a zero maker fee at the top level, plus discounts on wire transfers.
- Equity access: Staking BP for at least one year makes a holder eligible to buy Backpack equity with tokens. This is a company program, not a feature of the token contract, and it depends on Backpack's own terms.
- Planned perks: Backpack lists extra USD yield, early access to the Backpack Card, early IPO access and lower prediction market fees as coming soon.
BP supply and token design
Backpack states the supply is fixed at 1 billion BP with no presale. It is divided into three parts:
- Launch (25%): 250 million BP airdropped at launch, 240 million to Points holders and 10 million to Mad Lads NFT holders.
- Pre-IPO (37.5%): Released in increments as Backpack reaches regulatory, product and market milestones, with each release going to users.
- Post-IPO (37.5%): Held as corporate treasury and locked until one year after an IPO.
Backpack says there is no separate team allocation, and that the team receives nothing unless the company goes public. BP is an SPL token on Solana with the mint address BPxxfRCXkUVhig4HS1Lh7kZqV6SPJhzfEk4x6fVBjPCy. Verify it before buying, since look-alike tokens use the same name.
Live circulating supply is shown in the market data on this page.
Official information is on backpack.exchange.
What to check before using BP
- Company dependency: The token's main benefits come from one private company's products and policies, which it can change.
- Milestone-based releases: The pre-IPO tranche depends on milestones set by Backpack, so the timing of new supply is not on a fixed calendar.
- IPO conditions: Equity eligibility and IPO access depend on a company event that may not happen, and on regulatory approvals.
- Unlisted perks: Several benefits are described as coming soon and are not live.
- Staking lock-up: Staking involves waiting periods and time commitments to qualify for rewards, so read the program terms first.
Backpack project profile
- Open source
- No
Token contracts
- Solana:
BPxxfRCX…VBjPCy
Always confirm links on the project's own official channels before connecting a wallet or sending funds.
Backpack market analysis
With a market capitalisation of $219.97 million, Backpack (BP) is classed as a small-cap asset and ranks #166 of 1,340 cryptocurrencies with a reported market cap on CryptoWave, larger than about 87.6% of them. It accounts for roughly under 0.01% of the combined tracked market value. Small-cap assets can move quickly on news or exchange listings, and liquidity can thin out fast in sell-offs.
Over the last 24 hours roughly $3.22 million of BP changed hands, equal to 1.46% of its market cap, which puts its trading volume ahead of about 74.8% of tracked assets. That is a quiet level of turnover, so large orders may meet limited depth. Its turnover ratio is higher than that of about 28% of tracked assets.
Price action: BP moved −5.88% in 24 hours and −9.60% over 7 days. It underperformed Bitcoin by 3.67 percentage points over 24 hours and by 5.47 points over 7 days. Against the median tracked coin (behind by 3.60 points on the day and behind by 3.39 points on the week), it has been a relative laggard in recent sessions.
To overtake Terra Luna Classic (LUNC) just above it, Backpack would need to grow its market cap by about 1.8%; it is 1.4% larger than Legacy Frax Dollar (FRAX) just below. Its market cap is 0.01% of Bitcoin's.
Based on market data; not investment advice.
Backpack FAQ
What is Backpack (BP)?
BP is the Solana token of Backpack, the company behind the Backpack exchange and wallet. It is used mainly for staking to unlock fee discounts and equity purchase eligibility.
How many BP tokens are there?
The supply is fixed at 1 billion BP. Backpack says 25% was airdropped at launch, 37.5% is released in stages before an IPO, and 37.5% is locked as treasury until a year after an IPO.
When did BP launch?
BP launched in March 2026 through a token generation event, distributed to Backpack Points holders and Mad Lads NFT holders with no presale.
What does staking BP do?
Staking BP lowers trading fees on Backpack and, after a minimum of one year, makes holders eligible to buy Backpack equity with tokens under the company's terms.
Price history
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