Backpack vs Extended Comparison
| 0.02% maker / 0.05% taker | Fees | 0% maker / 0.025% taker |
Backpack
vs
ExtendedWinner
Pros & Cons
Pros
- MiCA authorisation for the European entity, passported across the EU
- Perpetuals for EU clients through an entity under MiFID II supervision
- A named European supervisory counterparty
- Clean, approachable interface
- 200+ markets in the global offering
Cons
- EU clients limited to roughly 40 pairs and 10x leverage
- Fees above the fee-free competitors
- Not a pure DEX — execution runs on operator-run order-book infrastructure
- Account with identity verification required
Pros
- 0% maker fee, 0.025% taker
- Daily maker rebates based on maker share
- Very low network fees on Starknet
- Unified margin across several asset classes
- Self-custody
Cons
- Considerably smaller than the market leaders
- Around 50 trading pairs — a narrower list than competitors
- No EU authorisation
- Support runs through community channels
Score Comparison
4.6Usability4.3
4.0Features4.3
4.2Fees4.8
4.2Stability4.2
4.0Support3.7
Features
- One of the few perpetual venues with EU authorisation
- MiCA CASP since May 2026
- Perpetuals for EU clients since September 2025
- Solana-native infrastructure
- Fee-free on the maker side
- Team with Revolut roots
- Cross-asset collateral and unified margin
- Network costs in the cents range
Details
BackpackExtended
| Backpack Exchange (Coral) | Company | Extended Finance |
| United Arab Emirates | Headquarters | Unknown (Decentralised team) |