Backpack
Backpack Exchange is a fully regulated global cryptocurrency exchange building an innovative, easy-to-use and compliant trading platform. Trade spot and futures or participate in lending.
Action
Stay active on the exchange and earn extra points and 20% fee return
Bonus
150ะบ points GTD, +20% fee return
Description
Backpack is a major ecosystem project that includes:
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One of the best Solana wallets – Backpack
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A spot, futures, and lending exchange
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The top Solana NFT collection – Mad Lad
The exchange has multiple partnerships and frequent promos with additional rewards in tokens from other projects. The team consists of over 100 people.
During the pre-season, trading was only available on spot, but now the project is shifting focus to futures, aiming to provide an FTX-like user experience (some team members are from FTX).
This is a custodial exchange (funds are not under your control) and requires KYC.
The main details about points and the first season are available here.
Backpack Competition (150k Points Guaranteed)
Our Referral Benefit
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2/3 of all points we receive from our users will be distributed (150k points guaranteed),
which is currently roughly equivalent to a 15% bonus on top. -
10% fees cashback for all participants.
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Special May competition:
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$5,000 USDC prize pool for the top 10 traders by fees (from April 26 to May 31).
To participate, users must register via our link:
http://backpack.exchange/refer/cp0x
November Competition ($10,000)
Prize Pool: $10,000,
Period: 03 Nov 00:00 UTC to 30 Nov 23:59 UTC (inclusive)
As before, the leaderboard is based on gross fee, but this time rewards are split into two separate pools.
Main Pool $7,000
Rewards for the Top 10 traders by gross fee:
1 - $2200
2 - $1400
3 - $950
4 - $700
5 - $500
6 - $400
7 - $300
8 - $250
9 - $200
10 - $100
Additional Pool $2,500
This pool is for traders who have not yet won in previous cp0x Backpack competitions:
1 - $800
2 - $400
3 - $250
4 - $250
5 - $200
6 - $200
7 - $140
8 - $100
9 - $100
10 - $60
Placement in the additional pool does not exclude participation in the main one.
And of course - the lottery:
5 random prizes of $100 will be drawn.
Every $1 in gross fee = 1 lottery ticket.
Participants also continue to compete in the main cp0x Backpack leaderboard,
which features a 150,000 points prize pool (current overlay — 29,435 points)
and receive a 20% fee rebate.
October Competition ($5,000) (completed)
Format: Top 10 by Gross Fee (commissions)
Period: 03 Oct 00:00 UTC to 31 Oct 23:59 UTC (inclusive)
Eligibility: accounts registered via our referral link
Prizes (Top 10):
1: $1,600
2: $1,000
3: $600
4: $400
5: $350
6: $300
7: $250
8: $200
9: $200
10: $100
Note: The main Backpack Competition (150k points guaranteed) is ongoing; current overlay ~38,146 points.
September Competition (completed)
Prize Pool: $5000+ Backpack-branded whiskey gift set for 1st place
Period: September 1-14, 2025
Participant Ranking: 80% based on your share of total commissions during the competition period + 20% based on your share of active days out of 14 (an active day is when Gross Fee ≥ $10).
The more commissions you generate and the more frequently you are active, the higher your position.
1st - $2,000 + a branded Backpack whiskey set
2nd - $1,250
3rd - $750
4th - $400
5th - $200
6th - $150
7th - $100
8th - $50
9th - $50
10th - $50
July Competition (completed)
A special contest for cp0x traders with a 10,000 $ES prize pool
Period: July 16–31
Prizes for the top 5 traders by Gross Fees:
1st place — 5000 $ES
2nd place — 2000 $ES
3rd place — 1000 $ES
4th place — 1000 $ES
5th place — 1000 $ES
Important notes:
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Since we can't see individual user points anymore, the leaderboard is based on total fees paid, which are publicly available.
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Final rewards will be distributed after Backpack point conversion (into tokens, NFTs, or any liquid assets they announce).
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Backpack may change conditions again, but we guarantee that users will receive the majority of our affiliate earnings.
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We have information that there will be multiple seasons, so the GTD prize pool refers to the overall farming program before the TGE. If the TGE happens after the first season, we'll pay the overlay.
How Are Points Earned?
Points are awarded for all activity on the exchange, including:
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Spot trading
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Futures trading and open interest (OI)
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Using the lending platform
There is no fixed formula for point distribution (standard approach, similar to Hyperliquid or Paradex now). You need to experiment with strategies, and don’t forget about OI.
Important Tip: An account that trades $100K in one day and then remains inactive will earn significantly.