In an industry where exchanges can vanish overnight, Backpack Exchange is quietly proving what real resilience looks like.
When the FTX collapse sent shockwaves through the market, Backpack lost over $15 million — a hit that could’ve ended most startups. Instead, its team rebuilt, refined, and re-emerged stronger than ever.
Fast forward to today: Backpack is not only alive — it’s thriving.
🧠 The Armani Factor
The comeback story starts with Armani Ferrante, Backpack’s co-founder — a name already legendary within Solana circles.
Before Backpack, Armani built Anchor, the core developer framework powering countless Solana programs. He’s a builder’s builder — the kind of person who doesn’t just talk innovation; he ships it.
His background at Alameda Research gave him an inside look at what can go wrong in centralized systems, and his response was to engineer one that doesn’t repeat those mistakes.
Security, transparency, and performance are baked into Backpack’s DNA — not added later for optics.
💼 From Wallet to Ecosystem
Before the exchange, there was the Backpack Wallet — one of the cleanest, most powerful wallets in crypto.
It wasn’t just another Solana wallet; it became a cultural icon, especially after the launch of Mad Lads.

Mad Lads — the #1 NFT collection on Solana — wasn’t a random success story.
It was the community that built around Backpack’s brand and vision.
In a world where NFTs come and go, Mad Lads stayed — because they represented something real:
builders, degens, traders, and believers in Solana’s comeback.
The Backpack Wallet remains central to that culture — seamlessly connecting users to their trading accounts, assets, and NFTs. Now, the same ecosystem is scaling up with the Backpack Exchange — a natural evolution from wallet → culture → exchange.
💡 The New Backpack Exchange Interface
The new Backpack Exchange isn’t just fast — it feels like Solana in CEX form.
Here’s what makes it stand out:
- ⚡ Instant execution powered by high-performance backend tech.
- 🧭 Minimalist, trader-first design — everything you need, nothing you don’t.
- 💰 Deep liquidity and tight spreads, even with just 60 pairs.
- 🔒 CEX reliability meets DEX transparency, under a culture built by devs, not marketers.
It’s smooth, snappy, and secure — the kind of trading experience you instantly trust.
📊 Numbers Don’t Lie
Here’s the craziest stat:
Kraken — one of the oldest and most respected exchanges — lists 444 tokens and does around $1.2 billion in daily volume.
Backpack?
Only ~60 pairs, yet it’s consistently pushing $2+ billion in volume.
That’s efficiency through user conviction.
No noise, no filler listings — just pure liquidity flow and a loyal trader base.
🎁 Season 3: The Airdrop Everyone’s Watching
Now comes the part everyone’s talking about — Backpack Season 3.
Every action on Backpack — trading, referring, using the wallet — earns you points.
These points are rumoured to count toward one of the biggest exchange airdrops ever.
If you missed the Blur, Jupiter, or Friend. Tech airdrops — this might be the one that defines 2025.
👉 Join Backpack Exchange here
Trade, earn points, and secure your position before the snapshot hits.
🧩 Culture Meets Execution
Few exchanges have both culture and numbers.
Backpack does.
It’s not just an exchange; it’s an ecosystem — from Mad Lads to Backpack Wallet to a full-blown, high-performance exchange.
Every layer reinforces the next.
It’s the Solana-native powerhouse the ecosystem’s been waiting for — and it’s only getting started.
🚀 Final Thoughts
Backpack survived a market apocalypse.
It evolved from a wallet into an exchange.
It carries the trust of Solana’s biggest NFT community.
And it’s now outpacing legacy exchanges by pure execution.
This isn’t hype — it’s a textbook comeback story powered by builders, culture, and conviction.
The storm’s over. The Mad Lads are back.
And the Backpack’s open.
👉 Start earning points and trade on Backpack now.