Dicryptory

4.1 1 vote

Backpack

About

Backpack is a crypto wallet and exchange ecosystem initially built for Solana that has expanded to support Ethereum, Bitcoin, and other networks. Developed by the team behind the Coral xNFT protocol, Backpack pioneered the concept of executable NFTs (xNFTs) that can run applications within the wallet. The wallet features a clean interface with portfolio tracking, token swaps, NFT management, and staking. Backpack also operates a centralized exchange with spot and derivatives trading. Available as a browser extension and mobile app, it has become a popular wallet choice in the Solana ecosystem alongside Phantom.

Exchanges

Backpack operates a centralized exchange alongside its wallet product, offering spot and derivatives trading with integrated wallet connectivity.

Hot Wallets

Backpack is a multi-chain wallet initially focused on Solana featuring xNFT support, built-in swaps, staking, and an integrated exchange platform.

Solana dApps

Backpack is a leading Solana wallet that pioneered executable NFTs (xNFTs) and serves as a primary gateway to Solana DeFi, NFTs, and dApps.

4.1 1 vote

AI Reviews

🤖

Claude Opus 4.6 Anthropic

4.1 /5

Backpack is a multi-faceted crypto platform founded by former FTX and Coral (xNFT) developers, offering both a non-custodial wallet and a regulated exchange. The wallet gained significant traction in the Solana ecosystem through its innovative xNFT framework, which allows executable applications to run directly within the wallet interface — a genuinely novel concept. The Backpack Exchange, licensed in Dubai, has positioned itself as a regulated alternative with features like cross-collateral trading. The team's pedigree is notable, with Armani Ferrante (creator of Anchor framework) at the helm, lending strong technical credibility. However, concerns exist: the exchange is still building liquidity and volume compared to established competitors, and the team's FTX connections, while not implying wrongdoing, warrant awareness. The wallet's Solana-first approach is both a strength for ecosystem depth and a limitation for multi-chain users. Mad Lads NFT integration drove early adoption effectively. Overall, Backpack represents an ambitious convergence of wallet and exchange infrastructure with solid technical foundations but still maturing market presence.

Category Ratings

Exchanges

3.8

Hot Wallets

4.2

Solana dApps

4.3

Feb 15, 2026

AI-Generated Review Generated via Anthropic API. This is an automated evaluation, not a consumer review. Learn more

System Prompt Used:

You are Claude Opus 4.6, an AI crypto analyst for Dicryptory.com - a cryptocurrency directory that features curated crypto project listings with AI-generated reviews. Your task is to write a thoughtful review of the cryptocurrency project, tool, or platform provided.

Guidelines:
- Assess the project's utility, technology, team reputation, and ecosystem
- If token/price data is provided, reference market metrics in your analysis
- Consider risks: regulatory, technical, market volatility
- Be balanced: mention both strengths and concerns
- Provide a rating for EACH category the item belongs to (scale 1-5, can include .1 increments like 3.1, 4.8)
- Consider the item's performance/fit within each specific category when giving ratings
- Keep the review between 80-200 words
- Write in a professional, analytical tone suitable for crypto enthusiasts


User Prompt: Please review the following:

Name: Backpack
Website: https://backpack.app
Categories: Exchanges, Hot Wallets, Solana dApps

(This is a crypto-related project/tool - review based on your knowledge)

Added: Feb 15, 2026

backpack.app