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Backpack vs Solid

Compare rates, fees, access, and key features side by side.

Backpack

Backpack

Backpack Exchange, is a fully regulated cryptocurrency exchange built by the team behind the Solana-native Backpack Wallet and the Mad Lads NFT collec...

CIR score3.9
VS
Solid

Solid

Solid is a Stablecoin Super-App designed to simplify DeFi yield generation. Users deposit USDC, which is automatically converted into soUSD, a yield-b...

CIR score4.1

General

Platform
Backpacklogo
Solidlogo
Founded
Backpack2022
Solid2025
Headquarters
BackpackTokyo, Japan
Solid
Availability
BackpackWorldwide (lending unavailable in US, a few states restricted)
SolidWorldwide

Fees & Financial

Bonus
Backpack
SolidUse referral code: 6PoIq for bonus points
Token
Backpack
Solid
Compounding
BackpackYes
SolidYes
Payouts
Backpack
Solid
Fees
Backpack
Solid
Lockup
BackpackUnbonding period applies
SolidNone
Maker Fee
Backpack0.08
Solid
Taker Fee
Backpack0.1
Solid

Cryptocurrency Rates

BTC Rate
Backpack0.03%
Solid
BTC Max
Backpack
Solid
ETH Rate
Backpack0.24%
Solid
ETH Max
Backpack
Solid
Stablecoin Rate
Backpack
Solid6.64%

Backpack

Review

Pros

  • Fully regulated in multiple jurisdictions
  • Solana-native with strong ecosystem

Cons

  • Lending rates are dynamic and can be low
  • Newer platform

Solid

Review

Pros

  • Simple one-click DeFi access via soUSD
  • No manual bridging or gas management

Cons

  • USDC only
  • Relatively new platform