H1 2025 Web3 Security Report$3.1B in losses, DeFi hit hardest, AI threats on the rise
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BackPack

Project description:

Backpack is a regulated centralized exchange (CEX) that operates in jurisdictions across the world.

  • Streamlined KYC (Know Your Customer) process
  • Multi-Party Computation
  • Low latency order execution
  • Customer self-custody

Backpack operates on the Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA). VARA is the worlds first independent regulator for virtual assets. They provide a framework for Backpack to operate transparently in all jurisdictions:

  • robust KYC requirements
  • investor safeguards
  • ongoing audits

Spot Trading Volume (24hs)

$105,358,378

Platforms

Ethereum
+2

Languages

Rust

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History of Audits
2 Audits

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