Extended vs Backpack Exchange
Same lines, side by side: fees, leverage, markets, KYC, custody and referral perks, from official pages and DefiLlama.
See the 13 differences
| Line | Extended | Backpack Exchange |
|---|---|---|
| 30-day volume | Edge#09 · $7,288.0M | #13 · Not tracked |
| Trading fees | Edge0.025% taker · 0% makerA flat schedule for perps and spot: 0.025% taker, 0% maker, with RWA markets discounted to 0.010% taker. Makers whose share of total maker volume reaches 0.5% receive a 0.002% rebate, rising to 0.010% above 5% market share; rebates are automatic and paid daily at 00:00 UTC. | 0.05% taker · 0.02% makerBackpack documents one tier table covering spot and perpetual futures, sorted by 30-day volume, with tiers recalculated every hour and the effective tier driven by whichever is highest between BP staking, volume and pre-TGE Mad Lad NFT holdings. The base tier is 0.02% maker and 0.05% taker on futures, higher tiers are cheaper according to the published table, which the support site now gives as text; the USDT/USDC pair is charged 0% and does not count toward tiers. |
| New-user perk | From TGE, 10% off trading fees for the first $25M of volume or 30 days from signup, whichever comes first | Fee rebates on referred accounts |
| Max leverage | Edgeup to 100× | up to 75× |
| Perp markets | 100 | Edge103 |
| Identity check (KYC) | EdgeNo KYC | KYC required |
| Custody | Non-custodial: funds stay in on-chain contracts on Arc | Custodial: your balances sit on the exchange, wallet is a separate product |
| Settles on | Arc (Circle's L1) | Backpack Exchange (centralised matching) |
| Collateral | USDC, cirBTC, ETH | USDC, USDT |
| Where it runs | Web | Web, iOS, Android |
| Chains | EVMEthereum, Arbitrum, Base, Arc, Polygon, Avalanche, BNB Chain | EdgeSolana · EVM · Bitcoin · SuiSolana, Ethereum, Arbitrum, Base, Polygon, Avalanche, Bitcoin, Sui |
| Documented features | 6 of 10 | Edge8 of 10 |
| Order book | Yes | Yes |
| Cross margin | Yes | Yes |
| Spot trading | Yes | Yes |
| Vaults / copy vaults | Yes | Yes |
| Copy trading | Not documented | Not documented |
| Stocks, gold or forex | Yes | Yes |
| Points program | No | Yes |
| API | Yes | Yes |
| Mobile app | Not documented | Yes |
| Telegram bot | Not documented | Not documented |
Which one should you pick?
Pick Extended if
Fee level is your deciding criterion and you want crypto and RWA markets on the same account.
The cheapest taker fee in the series at 0.025%, on a venue built by an ex-Revolut team that settles entirely on Arc, the L1 developed by Circle. Deposits are accepted from seven EVM chains in USDC, ETH or cirBTC, which removes the usual bridging detour.
Read the Extended reviewapp.extended.exchange
Pick Backpack Exchange if
You want a CEX-style experience with unified portfolio margin, stocks next to perps, and a referral that pays in cash.
One of the two centralised venues of the series, with Bybit, so you give up custody: accounts are KYC-verified, balances sit on the exchange and the 10% referral rebate is paid on trading fees rather than points. Backpack also lists US stocks and ETFs next to 103 perpetual markets.
Read the Backpack Exchange reviewbackpack.exchange
