This section is informational. Data comes from public sources and is not investment advice. Digital assets are volatile and may lose value.
Backpack grew from a wallet into an exchange with its own application ecosystem. The BP token is tied to the venue and its programmes for active users, so demand for it follows the exchange's own turnover. Wallet and exchange are tightly linked, which sets the project apart from pure trading venues.
A reference description of the project, not investment advice.