Backpack Wallet | Extension Download | Official Site

Backpack Wallet is a self-custodial crypto wallet that covers 15+ blockchains from a single recovery phrase, on iOS, Android and the Chrome, Brave and Edge browsers. It charges no wallet fee on swaps or bridges, supports Ledger, Trezor and Keystone, and plugs straight into Backpack Exchange for spot, perps and tokenised US stocks.

That last clause is the part most wallet guides leave out. It's also the only real reason to pick Backpack over anything else.

What Backpack Wallet actually is

The standard summary is that Backpack Wallet Extension is a Solana wallet that grew up and went multi-chain. That's true and almost useless, because it describes about six other wallets too.

Here's the more accurate version. Backpack was built by Armani Ferrante and Tristan Yver, engineers who worked on Anchor and Serum before FTX collapsed. What they put back together isn't a wallet with an exchange bolted onto it. It's one stack with two halves: self-custody on one side, a spot and perpetual futures exchange on the other, and the same login connecting both. Then in June 2026 they added Backpack Securities, which gives investors across 150+ countries ownership of real US equities, not synthetic exposure, with dividend rights and DTCC settlement behind it.

So you keep your keys, and you also get a brokerage account. Nobody else is offering that combination right now.

Whether you want those two things living in the same app is a genuinely different question, and it's the one I'd think hardest about before switching. More on that at the end.

Which networks Backpack Wallet supports

Backpack Wallet now runs 15+ networks under one seed phrase. The current list covers Solana, Ethereum, Base, Arbitrum, Optimism, Polygon, BNB Chain, Sui, Monad, Eclipse, Sonic, HyperEVM, Berachain and more, with both EVM and non-EVM chains in the same interface.

That breadth is the practical selling point. Most EVM wallets stop at the EVM boundary and you end up running a second wallet for Solana or Sui. Backpack doesn't make you do that.

One warning that applies to every multi-chain wallet, not just this one: support varies by asset as well as by network. Check the specific token and chain combination before you move anything. Sending an asset over an unsupported network is the single most common way people permanently lose funds, and no wallet can undo it for you.

Fees: what you actually pay

Backpack Wallet charges zero wallet-level fees on swaps and bridges across every supported network. No markup baked into the quote, no separate line item. The wallet routes through the best available liquidity sources and hands you the quote it got.

Is that a meaningful difference? Do the arithmetic. Backpack's own figures put the typical wallet markup at around 0.875%, which works out to roughly $227 a year for a moderately active trader, paid to the wallet before you've touched gas. Most people have never once seen that number, because the markup sits inside the price rather than on the receipt.

What you still pay:

• Network gas, which on Solana is typically under a cent per transaction

• Bridge protocol fees, if the underlying bridge charges one

• Standard validator commission when you stake

And one distinction worth keeping straight, because a lot of coverage muddles it: wallet swap fees are zero, but exchange trading fees on Backpack Exchange are a separate, tiered structure tied to BP token staking. Two different products, two different fee schedules.

Security: what's real, and what the marketing overstates

Backpack's security story is better than average, and it has one feature nobody else has.

Hardware wallet support covers Ledger, Trezor and Keystone. Multisig goes further: Backpack is the only Solana wallet supporting a 3-of-3 setup across all three of those hardware providers at once. That's genuinely strong protection for anyone holding size. It's also fiddly to configure and unforgiving if you lose a key, so it's a feature for people who already know they need it.

NFT Collection Locking automatically rejects transaction requests involving a locked NFT. Useful. But read the limitation carefully, because Backpack's own support docs are upfront about it: the lock only holds while you're using Backpack Wallet. Import that same seed phrase into another wallet and the NFTs aren't locked there. The feature is also currently limited to select projects rather than every collection you hold.

xNFTs are the interesting one. These are executable NFTs that behave like apps installed inside the wallet, with permissions granted per app rather than per website. Since signature phishing on lookalike domains has been the dominant hack vector for two years running, moving the app inside the wallet removes a real chunk of that attack surface. Whether developers keep building for it is another matter.

Now the part that actually determines whether your funds survive. Every one of those features sits downstream of your recovery phrase. Anyone who gets it can drain the wallet. Backpack cannot recover it for you and will never ask you for it. If a "support agent" does ask, that's the scam, in full.

Write the phrase on paper. Keep it offline. Don't photograph it, don't email it to yourself, don't put it in Drive or a password manager sync, don't send it over WhatsApp. A backup that lives on the device you're backing up is not a backup.

How to Download Backpack Wallet App

Five minutes, and only one step really matters.

1. Download Backpack Extension from the official site. Not an ad, not a search result you didn't read carefully, not a link someone sent you. Fake wallet extensions are a working, profitable scam.

2. Create a new wallet, pick a starting network, and add the others later from settings.

3. Set a strong, unique password. Not the one from your email.

4. Write down the Secret Recovery Phrase and store it offline. This is the step. Everything else is recoverable; this isn't.

Already using something else? Backpack Wallet will import an existing wallet via recovery phrase or private key, connect a hardware wallet, or add a public key as view-only. Just make sure you're typing that phrase into the genuine app before you do it.

Backpack vs Phantom vs MetaMask

If you never leave EVM and rarely touch Solana, MetaMask or Rabby still make more sense and there's no reason to move. If you're running assets across Solana, EVM and Move chains and currently stitching together a wallet plus an exchange plus a bridge, Backpack collapses all three into one app.

Who it's for

Worth switching if: you're active on Solana, you trade perps, you bridge often enough that a 0.85% wallet markup annoys you, or you want tokenised US equities sitting next to your crypto.

Probably not worth it if: you're an EVM-only DeFi user, you need deep Bitcoin-native or Cosmos support, or you're in a jurisdiction where the exchange side is restricted, which currently includes US residents for perps.

And a note for the security-first crowd. The wallet-plus-exchange integration is Backpack's best feature and its main philosophical wrinkle. The point of self-custody is separating your keys from a trading venue. Backpack puts them in the same app with the same login, and while the wallet half stays non-custodial, you should at least notice that you're making a convenience trade. Plenty of people will make it happily. Just make it on purpose.

Frequently Asked Questions