@backdperps
Backd is an early-stage Solana memecoin launchpad with a novel mechanism: trading fees from Meteora-launched tokens fund leveraged perpetual positions on Hyperliquid (backed by Save lending), and profits are used to buy back and burn the token. The protocol creates a fee-to-perp-to-buyback loop with no seed allocation or reserve. Account is brand new (Sep 2026) with only 110 followers, website shows working product infrastructure, and a Tier A scout flagged it.
Token
Where to trade
Links go to third-party venues. Always verify the contract address. Not financial advice.
Contract & market health
- ✅Contract can no longer mint tokens?mint authority revoked
- ✅Nobody can freeze, blacklist or pause?freeze authority revoked, no transfer hook
- ✅Sellable, without abusive tax?standard SPL token, no close/balance authority
- ❓Liquidity out of the team's reach?Solana LP lock: check manually (LP burn / locker)
- ❓Top 10 wallets (excl. pool/staking/locker) ≤ 30%?distribution unavailable (no explorer/GoPlus for this chain)
- ❓No single wallet (excl. pool) above 10%?same
- ❓≥ 500 holders, growing over 7d?holder count unavailable
- ❓Team / insider allocation vested on-chain?no locker/vesting identified — manual check (docs, transparency page)
- ◐Pool ≥ $50k?liquidity $26k
- ✅24h volume / liquidity between 0.2 and 5?vol $53k / liq = 2.1 · 302 buys / 199 sells
- ✅No overhang (mcap ≥ 30% of FDV, FDV ≤ $10M)?FDV $79k, mcap $79k (100%)
- ❌Healthy timing (pool ≥ 7d, no +300% pump, no wipeout)?pool 5d, +74%/24h, -2%/6h, 89% of known high — post-pump entry
- ❓X account alive (≥ 3 months) and shipping (≥ 3 tweets/7d)?account 5d old · activity unknown
- ◐Real product and ≥ 2 scouts agree?5 AI green flags · 1 scout
Sources: GoPlus (contract), the chain explorer (holders), DexScreener (market), ohmybird (signal). ❓ means we couldn't verify it automatically — check it yourself. Not financial advice.
AI Analysispromising
Backd is an early-stage Solana memecoin launchpad with a novel mechanism: trading fees from Meteora-launched tokens fund leveraged perpetual positions on Hyperliquid (backed by Save lending), and profits are used to buy back and burn the token.
The protocol creates a fee-to-perp-to-buyback loop with no seed allocation or reserve.
Account is brand new (Sep 2026) with only 110 followers, website shows working product infrastructure, and a Tier A scout flagged it.
Green flags: Genuine technical innovation: fee-funded perp positions with automated profit buyback loop · Working product with clear infrastructure (Meteora launches, Hyperliquid perps, Save lending integration) · Very early stage: 110 followers, account <1 month old, Tier A scout early signal · Transparent mechanism with no presale/seed allocation, product-first approach · Multi-protocol integration (Solana/Meteora/Hyperliquid/Save) suggests real technical execution
Red flags: Extremely new account (Sep 2026) with minimal social presence to validate claims · High-risk mechanism: leveraged perps with liquidation risk explicitly disclosed, 'everything deployed can be lost' · No team information, anonymous builders · Memecoin launchpad space is crowded; differentiation relies on complex DeFi mechanics that may not attract memecoin traders
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Signal Timeline
Score breakdown0–100
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