CIR animation

We compare platforms & may earn a commission.Learn more.

Backpack vs BYDFi

Compare rates, fees, access, and key features side by side.

Backpack

Backpack

Quick takeBackpack offers exchange-based lending and Solana earning products with terms that depend on the asset. Its strongest feature is Auto-Lend, ...

Score3.9
VS
BYDFi

BYDFi

BYDFi is a global cryptocurrency exchange offering spot trading, perpetual futures, and simplified crypto products aimed at both beginner and advanced...

Score4.1

Trading costs and documented exchange features

Spot fee estimates use CIR’s tracked maker/taker data. Funding, spread, slippage and withdrawal charges are additional. Simple buys and recurring orders may use different pricing.

Exchange trading fee examples and sourced product features
CompareBackpackBYDFi
$25 spot taker orderNot verified$0.025
$100 spot taker orderNot verified$0.10
$500 spot taker orderNot verified$0.50
Fee scheduleNo verified spot scheduleBYDFi spot

“Not verified” means CIR has no current evidence for this comparison, not that the exchange lacks the feature.

Explore exchange rankings by use case →

General

Platform
Backpacklogo
BYDFilogo
Founded
Backpack2022
BYDFi2020
Headquarters
BackpackTokyo, Japan
BYDFiSingapore
Availability
BackpackWorldwide (lending unavailable in US, a few states restricted)
BYDFiRestricted in the U.S. and other listed jurisdictions, including Canada, France, India and Singapore. Check the current prohibited-country list.

Fees & Financial

Bonus
Backpack
BYDFi
Token
Backpack
BYDFi
Compounding
BackpackYes
BYDFiNo
Payouts
Backpack
BYDFi
Fees
Backpack
BYDFiVaries
Lockup
BackpackUnbonding period applies
BYDFi
Maker Fee
Backpack0.08
BYDFi0.1
Taker Fee
Backpack0.1
BYDFi0.1

Cryptocurrency Rates

BTC Rate
Backpack0.02%
BYDFi
BTC Max
Backpack
BYDFi
ETH Rate
Backpack0.13%
BYDFi
ETH Max
Backpack
BYDFi
Stablecoin Rate
Backpack
BYDFi

Backpack

Review

Pros

  • Auto-Lend can allocate supported idle balances without repeated manual subscriptions.
  • SOL returns can include validator, block, and Jito MEV rewards.
  • A balance threshold can keep part of an eligible asset outside Auto-Lend.

Cons

  • Exchange lending is unavailable to U.S. customers and may have other regional limits.
  • Lending rates change with pool demand and are not guaranteed.
  • Backpack USD is an internal unit that cannot be withdrawn directly.

BYDFi

Review

Pros

  • No KYC required
  • Spot and futures available

Cons

  • Earn products limited