Swap USD Coin (USDC) to Backpack (BP)
Buying BP with USDC turns a fixed number of dollars into a position that rises and falls with BP. Backpack is an exchange token: its value is tied to the business of the platform behind it rather than to Solana as a whole. BP in one line: Token of the Backpack wallet and exchange.
Selling instead? Swap BP to USDC
How to swap USDC to BP
- 1
Connect a wallet holding USDC
Connect Phantom, Solflare or Backpack in the swap panel; the wallet also needs a little SOL for the network fee, even though you are paying in USDC.
- 2
Confirm it is the real BP
The panel is set to swap USDC into the verified BP mint, BPxx…jPCy; a token with the same name at any other address is not BP, whatever its logo.
- 3
Size the USDC side
Enter the USDC amount and read the quote: it shows how much BP you receive and the price impact of the route before anything is committed.
- 4
Sign, and receive BP
Approve the USDC swap and the BP lands in the same wallet in about a second, with no deposit address and nothing to withdraw.
How deep the USDC/BP market is
The figure above is the mid-market rate. What you receive depends on the size of your order: a swap large relative to the pool moves the price as it executes, which is the price impact shown in the quote. Jupiter reduces this by splitting an order across several venues, but it never disappears.
Beyond price impact, a USDC-to-BP swap costs the Solana network fee and the Privacc fee, both already inside the quote. Full fee breakdown
What moves the USDC/BP rate
Against USDC, this rate is the dollar price of BP turned upside down: the more BP costs, the less of it each USDC buys.
For an exchange token, what moves it is the platform's trading activity and anything it announces.
Which network is your USDC on?
USDC exists on several networks: Ethereum (ERC-20), Tron (TRC-20), BNB Chain (BEP-20), Arbitrum, Base and Solana. They are separate tokens that share a name, and a Solana wallet can only hold the Solana one. This page is the Solana pair.
If your USDC is on Ethereum, BNB Chain, Arbitrum, Base or Polygon, you do not need an exchange to bring it over: choose that network above the swap panel, set Solana as the destination, and LI.FI bridges and swaps it in one route. Tron is the exception. TRC-20 USDC is not supported here and has to come through an exchange.
Other ways to get BP
USDC to BP questions
How much BP do I get for 1 USDC?
The swap panel quotes the live rate as soon as you enter an amount of USDC. The BP you receive reflects the price impact of your order size and the fee, both shown before you sign.
Does it matter whether I pay for BP with USDC or SOL?
The BP price is set by the pools at the moment you ask, not by which token you pay with. The real difference is what you give up: paying in USDC spends dollars that were holding still, while paying in SOL gives up an asset that moves.
Do I need SOL to swap USDC to BP?
Yes, a small amount for the network fee, even though neither USDC nor BP is SOL.