USDC
USDT
Bitcoin
Ethereum
Backpack vs Solid
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, ...
Score3.9Our editors score every platform independently. Partnerships never influence the rating.
VS
Solid
Solid is a Stablecoin Super-App designed to simplify DeFi yield generation. Users deposit USDC, which is automatically converted into soUSD, a yield-b...
Score4.1Our editors score every platform independently. Partnerships never influence the rating.
General
Platform
Backpack
Solid
Founded
Backpack2022
Solid2025
Headquarters
BackpackTokyo, Japan
Solid
Availability
BackpackWorldwide (lending unavailable in US, a few states restricted)
SolidWorldwide
Fees & Financial
Bonus
Backpack
SolidGet $10 (spend $75 across 3+ payments at different merchants within 30 days)
Token
Backpack
Solid
Compounding
BackpackYes
SolidYes
Payouts
Backpack
Solid
Fees
Backpack
Solid
Lockup
BackpackUnbonding period applies
SolidNone
Maker Fee
Backpack0.08
Solid
Taker Fee
Backpack0.1
Solid
Cryptocurrency Rates
BTC Rate
Backpack0.02%
Solid
BTC Max
Backpack
Solid
ETH Rate
Backpack0.13%
Solid
ETH Max
Backpack
Solid
Stablecoin Rate
Backpack
Solid4.5%
Backpack
ReviewPros
- 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- Backpack USD is an internal unit that cannot be withdrawn directly.
Solid
ReviewPros
- Simple one-click DeFi access via soUSD
- No manual bridging or gas management
Cons
- USDC focused
