Quick facts
Self-custody multichain wallet from the team behind the Backpack exchange.
Chains: 14 networks per Backpack's March 2026 announcement, including Solana and Ethereum. Source: Backpack blog, 10 Mar 2026, checked 2026-10-15.
Fees and swap fee
| Item | Fee or fact | Status | Source, last verified |
|---|---|---|---|
| Swap and bridge fee (blog, 10 Mar 2026) | 0% on swaps and bridges on every network | unverified | Backpack blog checked 2026-10-15 |
| Swap fee (wallet terms, updated 31 Jan 2026) | flat 0.85% | unverified | Backpack wallet terms checked 2026-10-15 |
Backpack's own sources disagree: the newer blog post says swaps are free, while the older wallet terms still say 0.85%. Check the fee in the swap quote.
Wallet fees change. The fee line in the swap quote is what you pay.
Security notes
- The wallet is separate from the Backpack exchange account; the exchange page is here.
- Back up the recovery phrase offline; the exchange login does not recover the wallet.
How to set it up
- Install from backpack.app.
- Create a wallet and write the recovery phrase offline.
- Add the networks you need.
- Compare the swap quote's fee line with the numbers above.
Seed phrase and drainer safety
- Your seed phrase (secret recovery phrase) is the wallet. Anyone who has it can empty every account in it. Write it on paper or metal, offline. Never type it into a website, a form, a chat or a cloud note.
- No real support agent, wallet team or airdrop will ever ask for it. A DM offering help is a scam.
- Drainers are sites that ask you to sign a transaction or a token approval that hands over your funds. Read what you sign; if a wallet shows a warning, stop. See fake sites and wallet drainers.
- Install wallets only from the official site or the official app-store listing linked from it. Search ads impersonate wallet brands.
- Keep a separate hot wallet with small amounts for memecoins and new apps, and keep savings in a different wallet or on a hardware wallet.
- Review and revoke old token approvals on EVM chains from time to time.
Related
Set up Backpack wallet
- Install from backpack.app.
- Create a wallet and write the recovery phrase offline.
- Add the networks you need.
- Compare the swap quote's fee line with the numbers above.
Frequently asked questions
What is the Backpack wallet swap fee?
0% on swaps and bridges on every network (unverified, source checked 2026-10-15). Network fees come on top.
Can Backpack wallet support recover my wallet?
No. Only your recovery phrase (or backup) can restore a self-custody wallet. Anyone asking for it is a scammer.