Backpack vs EXMO

Compare rates, fees, access, and key features side by side.

Backpack

Quick takeBackpack offers exchange-based lending and Solana earning products with terms that depend on the asset. Its strongest feature is Auto-Lend, ...

Score3.9

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EXMO

Quick takeEXMO Earn offers flexible and fixed plans across major cryptocurrencies and stablecoins. Flexible plans pay daily, compound automatically, a...

Score3.9

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Comparison

General

Platform

Backpack

EXMO

Founded

Backpack2022

EXMO2014

Headquarters

BackpackTokyo, Japan

EXMOLondon, UK

Availability

BackpackWorldwide (lending unavailable in US, a few states restricted)

EXMOWorldwide

Fees & Financial

Bonus

Backpack

EXMO$2 in BTC

Token

Backpack

EXMOEXM

Compounding

BackpackYes

EXMONo

Payouts

Backpack

EXMO

Fees

Backpack

EXMO

Lockup

BackpackUnbonding period applies

EXMO

Maker Fee

Backpack0.08

EXMO0.3

Taker Fee

Backpack0.1

EXMO0.3

Cryptocurrency Rates

BTC Rate

Backpack0.02%

EXMO0.2%

BTC Max

Backpack

EXMO

ETH Rate

Backpack0.13%

EXMO1.2%

ETH Max

Backpack

EXMO

Stablecoin Rate

Backpack

EXMO

Backpack

Review

Pros

Auto-Lend can allocate supported idle balances without repeated manual subscriptions.
SOL returns can include validator, block, and Jito MEV rewards.
A balance threshold can keep part of an eligible asset outside Auto-Lend.

Cons

Exchange lending is unavailable to U.S. customers and may have other regional limits.
Lending rates change with pool demand and are not guaranteed.
Backpack USD is an internal unit that cannot be withdrawn directly.

EXMO

Review

Pros

Flexible Earn pays daily, compounds automatically, and permits partial withdrawals.
EXMO identifies Gearbox and other DeFi protocols as material yield sources.
Existing fixed contracts retain their agreed rate through maturity after schedule changes.