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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...

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...

VS

General

Platform
Solid logo
Backpack logo
Founded
Solid 2025
Backpack 2022
Headquarters
Solid
Backpack Tokyo, Japan
Availability
Solid Worldwide
Backpack Worldwide (lending unavailable in US, a few states restricted)

Fees & Financial

Bonus
Solid Use referral code: 6PoIq for bonus points
Backpack
Token
Solid
Backpack
Compounding
Solid Yes
Backpack Yes
Payouts
Solid
Backpack
Fees
Solid
Backpack
Lockup
Solid None
Backpack Unbonding period applies
Maker Fee
Solid
Backpack 0.08
Taker Fee
Solid
Backpack 0.1

Cryptocurrency Rates

BTC Rate
Solid
Backpack 0.03%
BTC Max
Solid
Backpack
ETH Rate
Solid
Backpack 0.24%
ETH Max
Solid
Backpack
Stablecoin Rate
Solid 6.64%
Backpack

Pros

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

Cons

  • USDC only
  • Relatively new platform

Backpack

Review →

Pros

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

Cons

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