🎒 Backpack review: security, features and score
74/100SCORE · BTrustedSelf custody, seed phrase
Grade B, very good
Solana users who want a wallet and exchange in one place.
The facts
- DEVELOPER
- Coral
- LAUNCHED
- 2022
- TYPE
- Browser and mobile
- CUSTODY MODEL
- Self custody, seed phrase
- KEY MODEL
- 12 word seed phrase
- CHAINS
- Solana, Ethereum, Bitcoin, Sui
- PLATFORMS
- Chrome, iOS, Android
- OPEN SOURCE
- Partial
- AUDITS
- Audited
- HARDWARE SUPPORT
- Ledger
- SWAP COST
- Routing fee.
What it can do
How the score breaks down
Each dimension is explained on the methodology page.
Where it is strong and where it is not
✓ Strengths
- Clean modern design
- Multi-chain beyond Solana
- Integrated exchange
- Strong NFT handling
✗ Weaknesses
- Younger than the alternatives
- Exchange integration confuses the custody model
- Not fully open source
Incident history
No security breach or significant incident on record.
The Backpack exchange is custodial. The wallet is not. They sit in the same app, so be clear which one holds what.
Reputation and reviews
A reputation score out of 100, kept separate from the feature score above. It reflects what users actually report over time rather than a star rating scraped on one day.
REPUTATION
70/100
Modern and well built, with an attached exchange. Younger than Phantom and Solflare, and the exchange integration blurs the self custody line for some users.
Check current reviews yourself
Star ratings change constantly, so we link to the sources rather than printing a number that is out of date the day after it is written.
If something goes wrong
COMMON FIXES
Transaction stuck pendingYour transaction has sat as Pending for minutes or hours and nothing is moving.Transaction failed but the gas was still takenThe transaction reverted, you got nothing, and the fee left your wallet anyway.Token is not showing in my walletThe block explorer shows the tokens arrived, but the wallet shows nothing.I sent tokens to the wrong networkYou withdrew to your address but picked the wrong chain, and the balance is not where you expected.
RISK WARNING
Crypto assets are highly volatile and largely unregulated. You can lose everything you put in.
Nothing on this page is financial, investment or tax advice, and nothing here is a recommendation
to buy or sell any asset. Do your own research and never commit money you cannot afford to lose.