Backpack Trading Trail: TRX Campaign – Earn Up to $600 in $TRX
What's happening
A campaign called "Trading Trail: TRX" has been running on the Backpack exchange since July 30, 2026. By trading spot or perpetual markets, you can earn up to $600 worth of $TRX as a "Stock Holder Bonus." At the same time, new TRX spot and perpetual markets have been added. No end date has been specified.
Backpack itself is an exchange and wallet run by the Mad Lads team, and it completed the TGE of its native token $BP on March 23, 2026. It is currently running trading campaigns and a stock tokenization feature; there is no permanent points program, and the focus is on time-limited trading campaigns.
What you should do
| Step | Action |
|---|---|
| 1 | Create a Backpack account (free) |
| 2 | Deposit funds into the exchange or your account |
| 3 | Trade spot or perpetuals to meet the Trading Trail: TRX conditions |
| 4 | Earn up to $600 worth of $TRX once conditions are met (started July 30, 2026, end date unknown) |
Using the newly added TRX spot/perpetual markets is likely to make it easier to meet the conditions. No campaign has been confirmed for earning additional $BP itself, so this campaign is specifically for obtaining $TRX.
Past seasons and distribution history
Before the TGE, Backpack ran a long-term points program called "Backpack Points," which determined airdrop allocations based on participation. At the TGE on March 23, 2026, 25% of the total 1 billion $BP supply (250 million $BP) was distributed, with 240 million $BP going to Points participants and 10 million $BP to Mad Lads NFT holders. No additional seasons or a second airdrop have been officially announced since the TGE.
Things to watch out for
- $BP is down 34.6% over the past 30 days from its all-time high, meaning short-term price swings are significant.
- Market cap is $91.8 million against an FDV of $367 million, a large gap; if the remaining 75% of supply is unlocked in the future, dilution is possible. The specific unlock schedule has not been officially confirmed.
- A Hacken audit page exists, but the audit date and scope cannot be confirmed. This is not ideal information for readers who prioritize asset protection.
- Multiple users reported exchange outages on July 28–29, 2026; anyone who needs immediate deposits or withdrawals should be cautious.
- No campaign currently exists for earning additional $BP itself, so anyone entering primarily to hold the token should weigh the price decline risk described above.
Sources
Solana exchange, wallet and stock-tokenization platform — $BP token is already live
