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Solid vs Backpack

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

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
VS
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

General

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

Fees & Financial

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

Cryptocurrency Rates

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

Solid

Review

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