Backpack

Backpack followed a vesting schedule with allocations to the Post-IPO, Pre-IPO and TGE Airdrop. Most allocations were released through a cliff mechanism. The unlock schedule ended in 2026.

Backpack has no upcoming cliff unlock scheduled. 75.00% of the supply is still locked and will continue to be released according to the vesting schedule.

As of today, approximately 250,000,000 Backpack has been unlocked, which is 25.00% of Backpack’s total supply. Float is 25.00% of max supply (excluding burned tokens). The remaining tokens are still locked and will be released according to the vesting schedule.

Backpack uses cliff vesting, especially for Post-IPO allocations. This means tokens are released all at once after a set waiting period, creating a delayed but significant supply event.

The circulating supply of Backpack is 250,000,000 tokens, the total supply is 1,000,000,000 tokens, and the max supply is 1,000,000,000 tokens. The total supply is all tokens that have been or will be created, including those that are still locked. The max supply is the max amount of tokens to ever be in circulation. Since no Backpack tokens have been burned, the max supply is equal to the total supply.

Backpack’s FDV is $807,225,000 which reflects the market value if all 1,000,000,000 tokens were unlocked. This figure helps estimate long-term dilution risks.

The Backpack allocation includes Pre-IPO at 37.50%, TGE Airdrop at 25.00% and Post-IPO at 37.50%.

Historically, Backpack has shown low volatility 7 days after the past unlock. The price impact depends on who receives the unlocked tokens and market conditions.

Tokenomist provides an up-to-date vesting chart and unlocks monitor that shows upcoming unlocks for Backpack, with visibility for each allocation and amount.