Points

Overview

Backpack Exchange Points Program

• Season Timeline

  • Season 1: March 21, 2025 – May 29, 2025

  • Season 2: Started on July 3, 2025

• Points Distribution

  • Points are distributed weekly, based on user activity across all products.

  • Criteria for points are continuously updated and intentionally opaque.

  • Goal: Reward users who contribute to Backpack’s growth.

  • Distribution schedule:

    • Every Friday at 02:00 UTC

    • Based on activity ending Thursday at 00:00 UTC

  • Backpack reserves the right to adjust previous point distributions.

• Ranks

  • Ranks are tied to each season.

  • When a new season begins, all users start from zero.

  • Rank tiers: Bronze, Silver, Gold, Platinum, Diamond, Challenger

• Special Drops

  • Legacy Drop: Snapshot taken on March 20, 2025, at ~09:00 UTC, allocated to historical users since late 2023.

  • Bonus Drop: 10 million points distributed to active users during the off-season between Season 1 and Season 2.

• Affiliate Point Matching

  • Qualified affiliates earn elevated points based on the activity of referred users.

  • Granted at Backpack’s discretion.

• User Access

  • View your points and rank: https://backpack.exchange/points

  • Get started: Sign up at https://backpack.exchange/ or download the Backpack app here.

Rank Referral Program (Points)

The Rank Referral Program rewards top badge holders with a percentage match of the points earned by their referred users.

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Eligibility

• Who qualifies: Gold, Platinum, Diamond, Challenger (Season 2 only)

• What you earn: a weekly points match on the points your referrals generate

• First distribution: Week 8 of Season 2 (included in the standard weekly points payout)

• Available to Affiliate participants. If you're already enrolled in the Affiliates program, you're still eligible.

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Match Rates (Season 2)

• Gold: 2%

• Platinum: 3%

• Diamond: 4%

• Challenger: 5%

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How it works

1. A user signs up with your referral code and completes KYC.

2. Each week, your referred users earn points based on their activity.

3. You receive a percentage match (per the rates above) on those points. The match is included in the weekly points distribution.

Example

If your referred user earns 10,000 points in a week and your rank is Diamond, you receive 4% = 400 points that week.

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Notes & Policies

• Season-specific: Only Season 2 ranks are eligible.

• Affiliate exclusion: Users in the Affiliates program are not eligible for Rank Referral matches.

• Weekly cadence: Matches follow the normal weekly distribution schedule.

• The referral points will be included in the standard 10M weekly allocation.

• Program discretion: We may adjust or correct prior distributions at our discretion.

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FAQs

Are Affiliates eligible for Rank Referral matches?

Yes. If you're in the Affiliate program, you can also receive Rank Referral matches.

Which ranks count—Season 1 or Season 2?

Only Season 2 ranks count for this program.

What qualifies as a "referral"?

A user who registers using your referral code and completes KYC. You can find and share your code from the Referrals page.