If you're deep into the world of meme tokens on Solana, Backpack Exchange is probably already on your radar. As a sleek all-in-one crypto wallet and exchange, it's become a go-to spot for traders chasing those volatile meme coin pumps. And guess what? They just wrapped up Week 8 of Season 2 with a massive 10 million points distribution, sparking a wave of excitement across the community.

What's the Buzz About Season 2 Points?

For the uninitiated, Backpack's points system is like a loyalty program on steroids. Users earn points by trading spot markets, perpetual futures (or "perps," which are contracts that let you bet on price movements without an expiration date), referring friends, and climbing ranks from Bronze all the way to Challenger. These points aren't just for show—they're often a precursor to airdrops or other rewards, making them a big deal in the crypto space.

In their latest update shared on X (formerly Twitter), Backpack highlighted some eye-popping stats for the week of August 21 to 27, 2025:

• Total spot + perps volume: $5.4 billion – That's a ton of trading action, much of it likely involving popular Solana meme tokens like BONK, WIF, or even projects linked to Mad Lads, Backpack's own NFT collection with a meme vibe.
• 24-hour perps volume: $1.1 billion – Showing how active the futures market is, where traders can leverage up for bigger gains (or losses) on meme coins.
• Open margin: $872 million – This refers to the collateral users have put up for leveraged trades.
• Open interest: $582 million – The total value of outstanding perp contracts, indicating strong market participation.
• Assets under custody: $379 million – Highlighting the trust users place in Backpack for holding their crypto.

These numbers underscore Backpack's growth as a hub for Solana ecosystem trading, where meme tokens thrive due to low fees and fast transactions. The points drop happens every Friday, rewarding consistent traders and encouraging more volume—perfect for meme token degens looking to stack rewards while flipping coins.

Community Reactions: Show Me the Points!

The tweet didn't just drop stats; it invited users to "show your points," and the community delivered. Replies flooded in with screenshots of personal point hauls, from a few thousand to impressive six-figure scores. One user, @DinhtienSol, simply posted "Fock it 🔥" alongside their points screenshot, capturing that raw excitement. Another, @tesnguyeneth, celebrated with "Happy points +6,951 🎒," while @madgeolier exclaimed "WAO" – a nod to the Mad Lads lingo.

It's clear the points system is motivating folks. Some are grinding for that Challenger rank, which could unlock even bigger perks down the line. And with Backpack's ties to the Mad Lads NFT community—a group known for its meme-heavy culture—this update feels right at home in the broader Solana meme token scene.

Why This Matters for Meme Token Traders

Meme tokens live and die by community hype and trading volume, and Backpack's Season 2 is fueling both. High volumes mean better liquidity for tokens, making it easier to buy and sell without massive slippage (that annoying price shift when executing large orders). Plus, the points incentive draws in more traders, potentially sparking rallies in listed meme coins.

If you're not already on Backpack, it's worth checking out. Sign up via their 공식 사이트, connect your wallet, and start trading to earn those points. Who knows? This could be building toward a major airdrop, especially with Solana's meme token ecosystem heating up.

For the full thread and more user shares, head over to the original post on X. Stay tuned—Week 9 is already underway, and the climb continues.

Looking Ahead: Season 2 and Beyond

With nine weeks in Season 2 already done, the leaderboard is heating up. Backpack's referral program adds another layer, matching points from your invites to boost your score. If meme tokens are your jam, platforms like this are key to staying ahead. Keep trading smart, manage your risks, and maybe you'll be posting your own "happy points" screenshot next Friday.