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What’s the Buzz About Backpack’s Season 1 Points Program?
On March 26, 2025, a user named Digi👑 (@Crouserrr) shared an exciting update on X about Backpack, a cryptocurrency platform that’s making waves in the crypto space. The tweet announced the launch of Backpack’s Season 1 points program, which could lead to a potential airdrop—a reward system where users might receive free tokens. If you’re into crypto trading or NFTs, this is something you don’t want to miss! Let’s break down the details from the thread and explore how you can get involved.
Understanding Backpack: A Crypto Platform Powerhouse
Backpack isn’t just another crypto app—it’s a hybrid platform that combines a self-custodial wallet (where you control your private keys) with a centralized exchange for trading. It supports multiple blockchains, including Solana, Ethereum, Arbitrum, Base, Optimism, and Polygon. Whether you want to store, send, or collect tokens and NFTs, or trade thousands of tokens through swaps, Backpack has you covered. The platform’s versatility makes it a go-to for crypto enthusiasts looking to manage their assets securely.
The Season 1 points program, which kicked off on March 21, 2025, is a 10-week event designed to reward users for their activity on the Backpack Exchange. According to the thread, points are distributed every Friday at 02:00 UTC based on your trading activity from the previous week (ending Thursday at 00:00 UTC). While Backpack hasn’t officially confirmed a token launch, the crypto community is buzzing with speculation that these points could lead to an airdrop—similar to how other platforms have rewarded early users in the past.
How to Farm Points for a Potential Airdrop
The thread by @Crouserrr lays out a clear roadmap for farming points on Backpack. Here’s a step-by-step guide to get started:
Sign Up and Complete KYC: Head over to the Backpack Exchange and create an account. You’ll need to complete KYC (Know Your Customer) verification, which typically involves submitting identification documents to ensure compliance with regulations.
Start Trading: Engage in trading activities like swaps (exchanging one token for another), perps (perpetual futures contracts), or lending. The more you trade, the more points you can earn. Note that trading on spot markets counts toward your points, but USDT/USDC pairs are excluded.
Check Your Points and Rank: Backpack introduced a ranking system—Bronze, Silver, Gold, Platinum, Diamond, and Challenger—based on your trading volume. Users who were active on the platform before Season 1 even received retroactive points (between 50 to 150 points) as a bonus. You can track your total points on the Backpack dashboard.
Boost Your Rank with Mad Lads NFTs: Holding a Mad Lads NFT, a popular Solana-based collection, gives you a rank boost on the Backpack Exchange. More on Mad Lads in a bit!
The thread emphasizes that while points don’t guarantee an airdrop, they often lead to rewards in the crypto world. So, it’s worth participating if you’re already active in the space.
The Mad Lads Connection: Why It Matters
Backpack has a special connection with Mad Lads, a Solana NFT project created by Coral, a framework development company. Mad Lads are executable NFTs (xNFTs), meaning they can interact with Web3 applications like games or decentralized apps. This unique feature has made them a standout in the Solana ecosystem, even credited with revitalizing Solana NFTs after their launch.
As of the thread’s posting, the floor price for a Mad Lads NFT is 52 SOL (around $7,500), with an all-time high of 253 SOL (approximately $33,000). With a total supply of 10,000 NFTs, the collection has consistently topped secondary market trading volumes on platforms like Magic Eden, Tensor, and Solanart. Holding a Mad Lads NFT not only gives you a piece of this hyped project but also boosts your rank on the Backpack Exchange, potentially increasing your points and airdrop eligibility.
Community Reactions and Additional Insights
The X thread sparked some engagement from the crypto community. Users like @EYEKONNFT and @CryoPalmar chimed in with excitement, with @EYEKONNFT calling it “another digi banger” and giving a shoutout to Backpack. The thread also shared a link to @Crouserrr’s Telegram channel for more crypto findings, showing how active the community is around these opportunities.
For additional context, Backpack’s official support page confirms that a snapshot for the “Legacy Drop” was taken on March 20, 2025, rewarding historical users since the platform’s launch in late 2023. This shows Backpack’s commitment to rewarding its early adopters, which bodes well for the Season 1 points program.
Should You Jump In?
If you’re already trading crypto or collecting NFTs, Backpack’s Season 1 points program is a low-risk opportunity to potentially earn rewards. The platform’s integration with multiple blockchains and its connection to high-value projects like Mad Lads make it a compelling choice. Plus, the process is straightforward—sign up, trade, and keep an eye on your points.
Have you tried the Backpack Exchange or wallet yet? Are you part of the Mad Lads community? Let us know your thoughts, and happy farming!
