What is Backpack wallet?
Backpack wallet is a self-custody crypto wallet that began on Solana and now supports several chains, built by the team behind Backpack Exchange.
Backpack wallet is a self-custody crypto wallet for sending, swapping and staking tokens, managing NFTs and connecting to dapps. It grew out of the Solana ecosystem and now supports a range of chains. You hold the recovery phrase, and Backpack says it does not store it.
How does Backpack wallet work on Solana?
Backpack started on Solana and still has its deepest features there. Its Solana page lists a dedicated explore section for Solana apps, SOL trading, and bpSOL, a liquid staking token. Backpack also has an NFT collection lock feature that automatically rejects transaction requests involving a locked NFT, available for select projects.
As of November 2026, Backpack's help center lists Ethereum, Optimism, Arbitrum, Polygon, Base and Sonic alongside Solana, and its own wallet page adds Monad, Sui and Eclipse. Other features include multisig protection, connections to Ledger, Trezor and Keystone hardware wallets, cross-chain bridging, custom RPC settings and testnet access. For how shared-control wallets work, see what is a multisig wallet.
Where can you use the Backpack wallet extension and app?
Backpack's support pages list the browser extension for Google Chrome, Brave and Edge, on Windows and macOS. Mobile apps are available for iOS and Android. The wallet organizes accounts in folders by seed phrase, so you can keep several recovery phrases and wallets in one app.
What were Backpack xNFTs?
Backpack was announced in September 2022 by Coral, the company behind Anchor, a widely used framework for writing Solana programs. TechCrunch reported that Coral raised $20 million to launch it, in a round led by FTX Ventures and Jump Crypto, and that founder Armani Ferrante compared the wallet to an operating system.
The headline idea was xNFTs, short for executable NFTs. These were tokens that worked like apps inside Backpack, opening a dapp or interface from the wallet. Backpack opened to the public in April 2023 alongside Mad Lads, which the team called its first xNFT collection. Backpack's current help center and wallet pages no longer feature xNFTs, and focus on standard wallet tools instead. For the basics of the token type, read what is an NFT.
How is Backpack wallet different from Backpack Exchange?
Backpack Exchange is a trading platform run by the same team. It offers spot, margin and futures trading, lending and borrowing, and requires identity verification, which makes it custodial. Its Dubai entity, Trek Labs Ltd FZE, holds an exchange services license from the Virtual Assets Regulatory Authority that covers spot trading only.
The wallet is a separate product. It links to the exchange for convenience, but funds in the wallet are controlled by your keys, while funds on the exchange sit in an account the platform holds. Our guide on exchange vs wallet explains the difference.
This guide explains how things work. It is not financial, legal or tax advice. Last updated .