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Is Backpack (BP) safe?

DeFi token on Solana, on Jupiter's verified list. Grade F, from public on-chain data checked 22 October 2026.

F

Our check of public on-chain data found 2 red flags on 22 October 2026. We don't label any token safe.

We found several serious warning signs, or the coin has already been rugged.

Price$1.043
Market value$260.74M
Fully diluted$1.04B
Liquidity$3.75M
24h volume$1.86M
Volume vs 7-day avg0.8x
1h-0.1%
24h-8.3%
7d+2.5%
Holders27,980
Holders, 7 days-
Buys vs sells, 24h5,218 / 8,678

Figures from 22 October 2026.

What the data says

BP first traded on Solana on 18 March 2026, about 7 months ago.

It has a market value of $260.74M and $3.75M of liquidity across its pools, so liquidity is about 1.4% of its market value.

About 25% of the total supply is in circulation. Counting every token that exists, it would be worth $1.04B at today's price, so future unlocks or emissions could add selling.

In the last 24 hours it traded $1.86M. On its main pool that is below its 7-day average (0.8x).

The price moved -8.3% in 24 hours and +2.5% over 7 days. It is 2.9% below its 7-day average price.

There were 5,218 buys and 8,678 sells in the last 24 hours, more sells than buys.

27,980 wallets hold BP, as counted by Jupiter's token data.

Why this grade

New tokens can still be mintedSomeone still has the power to print more of this coin whenever they like. If they print loads and sell it, everyone else's coins are worth less.
Wallets can be frozenSomeone can lock coins inside people's wallets so they can't sell. If this is switched on, you could get stuck holding a falling coin.

Token settings and holders

Mint authoritySwitched on
Freeze authoritySwitched on
RugCheck rugged flagNo
Top wallet75.0%
Top 10 wallets96.2%
Liquidity lockLocked or burned

Pools, lockers and market accounts excluded. On tokens older than 14 days, holder concentration is shown but not scored: exchange and treasury wallets make it look high.

Social activity

36of 100

Social activity score from free sources. YouTube wasn't checked, so the score is scaled from the other parts. Attention isn't a sign of safety: rugs are often loudest just before they fall.

Reddit posts, last 24 hours213 of 35
YouTube videos, last 24 hoursNot checkedNot counted
On CoinGecko's trending listNo0 of 20
WebsiteAnswers
X accountListed
Telegram groupNone listed14 of 20 for these three
Paid DexScreener boostsNonePaid, never counted

Links come from the token's own listing. We can't count posts on X or TikTok because they have no affordable data feed.

Questions people ask about BP

Is BP safe?

We don't label any token safe. Our check of public on-chain data found 2 red flags for Backpack (BP), grade F, when we last checked on 22 October 2026. A clean grade isn't a promise: on-chain checks can't see a team selling slowly, a hack, or interest fading.

Can more BP be created?

Yes. Mint authority is still switched on, so whoever holds it can create more supply and sell it.

Can BP be frozen in my wallet?

Yes. Freeze authority is still switched on, so whoever holds it can stop wallets from moving the token.

How much liquidity does BP have?

About $3.75M across its Solana pools on 22 October 2026. Liquidity is the money in the swap pools; the less there is, the more each trade moves the price.

How long has BP been trading?

Since 18 March 2026, about 7 months.

How many wallets hold BP?

27,980 on 22 October 2026, as counted by Jupiter's token data.

Contract address

BPxxfRCXkUVhig4HS1Lh7kZqV6SPJhzfEk4x6fVBjPCy
Data, not advice. These are facts from public on-chain and market data, not recommendations. A clean grade isn't a promise: our checks can't see everything, and big past moves are history, not a forecast.