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Backpack

BP

Live since November 2023, about 2 years. Machine-drafted, not yet checked by a person.

Hot: upgrade or launch live, staking or airdropFull record
#13of 37 exchange tokensthe typical one is worth $26.66M#233of all coins by sizeworth $121.65M today75%of the supply still to come750M coins can still reach the market3.92Kpeople keep it on a watchliston CoinGecko, a measure of attention

Backpack describes itself as a regulated cryptocurrency exchange with a trading platform. Its pages make no dated promises we could check. It trades at $0.4866, #233 of all coins by size, 38% below its highest ever price.

This week in the news: staking or airdrop, upgrade or launch live.

A real job. No dated promises on its pages. Nothing dated ahead. #13 of 37 exchange tokens. 1 reason to be careful.

Is it real?

2 of 4tests passeda real job, real backing, something ahead, room to grow
nonenamed backersno investor or index on file
2 yearson the marketsince 1 November 2023
3.92Kpeople watch iton CoinGecko lists

Reasons to be careful:Half the supply still to come

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2 of 4

  • ✓A real-world jobReal-world purpose: putting real assets on chain
  • –Real backingA named investor, an index, a major exchange, or a billion-dollar size.
  • –Something aheadA dated step, deliveries on record, or demand showing up in the news.
  • ✓Room to growRoom: worth $121.65M, 77 times smaller than WhiteBIT Coin, the biggest coin within reach doing the same thing (Centralized Exchange (CEX) Token)

No named backer

  • Origin1 November 2023about about 2 yearsbackpack.exchange, GitHub
  • DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
  • BackingNo named investorNot on a big exchange we track
  • Standing on the recordNo recordNo dated promise to judge yet48 headlines last month3,915 people keep it on a CoinGecko watchlistNo corrections needed so far
The gap, and what to do

It is already worth more than the typical coin in Centralized Exchange (CEX) Token ($26.66M). To match the leader, WhiteBIT Coin ($9.37B), its price would need to rise 7600%, to about $37.47.

Still to check

  • No dated promise on record yet, so delivery cannot be judged
  • Listed on fewer than two big exchanges
  • No named investor among its tags

What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.

A gap is not a forecast. Most small coins never close it. The site never picks.

Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.

Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.

Does it deliver?

No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.

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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it

What is next, and when?

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How big is it next to its rivals?

#13of 37 exchange tokensthe typical one is worth $26.66M
$121.65Mworth todayprice × coins out
$26.66Mthe typical rival is worthCentralized Exchange (CEX) Token
$9.37Bthe leader is worthWhiteBIT Coin
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world

Putting real assets on chain

5 coins we checked say they are for putting real assets on chain, worth $844.59M together. #3 of 5 by worth.

Centralized Exchange (CEX) Token: this coin against its direct competitors

  • CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
  • Backpack$121.65Mthis coin−2.1%25% outnone dated
  • WhiteBIT Coin$9.37B77.0× bigger, +$9.25B−1.5%, gap +0.729% outno record
  • LEO Token$8.25B67.8× bigger, +$8.13B+0.0%, gap +2.2no maxno record
  • Cronos$2.78B22.8× bigger, +$2.66B−1.5%, gap +0.749% out1 of 4 delivered
  • OKB$2.36B19.4× bigger, +$2.24B−1.6%, gap +0.6100% outno record
  • HTX DAO$1.52B12.5× bigger, +$1.4B−0.2%, gap +2.090% outno record
  • Bitget Token$1.35B11.1× bigger, +$1.23B−0.4%, gap +1.735% outno record
  • Gate$988.22M8.1× bigger, +$866.58M+0.7%, gap +2.975% out0 of 1 delivered
Same job, different how

Centralized Exchange (CEX) Token: this coin next to WhiteBIT Coin, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.

Backpack says
Backpack describes itself as a regulated cryptocurrency exchange with a trading platform.
WhiteBIT Coin says
WhiteBIT Coin is the native utility token of the WhiteBIT cryptocurrency exchange and the primary asset of the Whitechain blockchain.

Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.

What it is

Backpack describes itself as a regulated cryptocurrency exchange with a trading platform.

Its listing puts it this way: All-in-one crypto wallet and exchange.

Problem it says it solves: putting real assets on chain. 38 coins we have checked say the same; together they are worth $181,917,630,164.

Where it trades: Meteora, Backpack Exchange , CoinW, Raydium, Pancakeswap V3

Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.

Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.

What should make me careful?

1 reason to be careful

  • Half the supply still to come75% of the maximum supply is still to come
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Why is it this small?

Centralized Exchange (CEX) Token: this coin next to the group's largest, WhiteBIT Coin.

BackpackWhiteBIT Coin
Years trading3 years4 years
Major exchanges01
Named backers00
Headlines, last month487
Promises deliveredno recordno record

What it says is different: All-in-one crypto wallet and exchange.

It is 1.3% the size of WhiteBIT Coin. On the facts above it is behind on major exchanges. For that gap to close, the record would need deliveries showing up in its record, listings on major exchanges. Nothing here says it will; the site does not predict.

Printed the same way as the reasons for: facts from the record, the tags and the market feed. Never a verdict, never the word sell.

The homework: the coin itself, the news, the record

The coin itself

$0.4866price of one−2.1% today
38%below its highest ever$1 on 21 June 2026
25%of the supply is out250M coins
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The last 7 days

7 days ago: $0.5535now: $0.4866 (−11.4%)

Where today sits against its highest ever price

$0.4866

Highest ever: $0.7852 on 21 June 2026. Today is 62% of that.

25%

of all BP that will ever exist is already out in public hands: 250M coins.

75% (750M coins) is already created but not in public hands, held by the project or locked in escrow. That is a majority. Those coins can be sold later, which can push the price down.

out held back. Each dot is 1%.

Perks on its own exchange

Fee discounts and access on the exchange that issued it. Its demand follows that exchange.

  • Fee discounts and access on the exchange that issued it
$0.4866price of one
×
250Mcoins out
=
$121.65Mworth today, #233 of all coins

That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.

Basics
  • 25%of the maximum supply is in circulation: 250M of 1B.
  • 750Mcoins still to be released, 75% of the maximum. Releases can add selling pressure.
  • 4.0×fully diluted value versus today's market cap. The gap is coins not yet released.
  • 62%of its all-time high of $0.7852 on 21 June 2026. That is −38.0% from the top.
  • #233by market cap, $121,647,896.
  • Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.

Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.

Real use, in dollars
  • $445.82M is locked in it right now

From DefiLlama, refreshed nightly. Fees are what people paid to use the thing; value locked is what they trust it to hold. Facts, not a score.

What the news says

48headlines, last monththat name this coin
0about governmentregulation, courts, central banks
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Headlines per day, last 30 days

48 headlines named this coin in the last month.

What they were about

  • Price16
  • Upgrade10
  • Tokenization1
  • Treasury1
In the news
What people are talking about, last month:

48 headlines in the last month.

Headlines are the publishers' own. News is never placed next to price.

The record itself

Promises0from its own pages
Page copies284 pages watched
Confirmed0by outside news
Checkedmachinedraft until checked
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy

What it says it is

Backpack describes itself as a regulated cryptocurrency exchange with a trading platform.

“Backpack Exchange is a fully regulated global cryptocurrency exchange building an innovative, easy-to-use and compliant trading platform.”
source · snapshot · captured 2026-09-10
Stage and age

Live since November 2023, about 2 years.

Promises

No dated or committed promises have been recorded yet.

Others in lending protocols: Cap 3 of 10, XRP 2 of 3, Fluid 0 of 7, Kamino 0 of 1, and 3 more.
Last activity

No public code repository is listed in this record.
The project's team page last changed on 14 September 2026.

Open flags

Nothing further to flag from the record as it stands.

Checked?

This record was drafted by a machine from captured pages and has not yet been checked by a person. Treat every line as unverified until that note changes.