Is Backpack Safe? Yield Risk Analysis

Backpack DeFi yield safety assessment. 1 pools tracked. Total TVL: $319M. Average APY: 0.0%. Updated June 2026.

MODERATE RISK
1
Pools
$319M
TVL
0.0%
Avg APY
50
Risk Score

Protocol Details

ProtocolCategoryTVLAuditsSafetyToken
BackpackCEX$319M 0MODERATE RISK

Chains

Backpack operates on: Solana, Bitcoin, Ethereum, Aptos, Base, Arbitrum, Optimism, Binance

Yield Risk Factors

ZARQ assesses DeFi yield risk across multiple dimensions: smart contract audit status, TVL concentration, impermanent loss exposure, historical yield stability, protocol governance, and underlying token risk. Protocols with unsustainable yields (APY > 50% without clear economic source) receive elevated risk scores.

FAQ

Is Backpack safe to use?
Backpack has an average risk score of 50/100. Verdict: moderate risk. 1 pools tracked with $319M total TVL.
What is Backpack's TVL?
Backpack has $319M in total value locked across 1 pools.
Is Backpack yield sustainable?
Average APY: 0.0%. Yields appear sustainable based on TVL and volume.
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ZARQ ratings are quantitative risk assessments based on public blockchain data, not investment advice. Past performance does not predict future results. Always do your own research.