$0.000109 USD (0.00% in 24 hours)
Backd is a memecoin launchpad on Solana.
As of 2026-10-03 17:36 UTC. The Crypto App market data.
Backd is a memecoin launchpad on Solana. Tokens launch on a Meteora bonding curve and move to a Meteora DAMM v2 pool after graduation. Every trade pays a 1.20% fee, which is collected into a vault specific to each token. The vault starts at $0, with no initial seed. Most of each fee is deployed as margin on a perpetual futures position on Hyperliquid, opened on an external asset such as ETH or SOL. Idle vault…