🎒Backpack is committed to making derivatives trading great again.

As the most important product in the financial industry, Backpack believes that the future of cryptocurrency will be similar to mainstream markets like stocks, bonds, and commodities, where a large number of professional traders use leverage, futures, and other trading tools to make the industry more efficient and professional.

Based on this vision, we have developed a more efficient and secure cryptocurrency derivatives system, dedicated to providing users with the best products.

🚀More Professional: Maximizing Capital Efficiency, Innovative Features to Support Trading

1. Backpack's Full Margin System:

All assets can be used as margin, not only for perpetual contracts but also for lending and earning interest, maximizing your capital utilization!

Allow your assets to trade, lend, and earn interest simultaneously, maximizing returns on Backpack.

2. Interest Bearing Contracts and Auto Lend

Backpack's unique auto lend feature, when activated, will automatically lend out assets to earn interest.

Unrealized profits can also earn interest — your contract positions can not only generate trading profits, but all unrealized profits can continue to accrue interest. Efficiently maximizing profits.

A must-have tool for arbitrage players — spot assets can earn additional interest, maximizing arbitrage returns!

3. Sub-account System

Backpack's innovative sub-account system avoids the cumbersome classifications of traditional exchanges such as spot accounts, contract accounts, and wealth management accounts.

Create multiple sub-accounts with one click, no minimum capital requirement, completely isolated trading strategies, reducing risk.

Transfers between sub-accounts are convenient, meeting the needs of multi-strategy trading. Traders familiar with the FTX system may miss such a convenient sub-account system.

4. Auto-Realize: Automatic Profit Settlement

Unrealized contract profits are automatically settled and can be directly converted into more margin or lent out to earn interest, improving capital utilization.

Suitable for rolling positions, trend trading, and quantitative trading users, making your trading strategies more efficient! Professional traders can achieve more profits through this feature.

5. Transparent Lending System

All lending, trading markets, interest mechanisms, and liquidation situations on Backpack are fully transparent, allowing all users, whether individuals, institutions, or market makers, to compete and trade fairly.

🛡️ More Secure: Ultimate Transparency, No Human Intervention

1. Full Hedging Mechanism

Backpack uses a full hedging liquidation method, employing reverse perpetual contracts of equal value for liquidation, fundamentally eliminating human intervention and price manipulation, making trading safer.

2. Global Compliance Licenses

Backpack has obtained licenses in multiple jurisdictions including the United States, Dubai, Australia, and the European Union.

Backpack will continue on the path of compliance. As an exchange regulated by relevant sovereign authorities since its inception, all of Backpack's actions are open, transparent, and secure.

We are committed to creating a safe and transparent trading environment, allowing every user to trade with confidence!

💡Future Vision: Building a Top Global Compliant Derivatives Exchange

🌍 Backpack has covered over 150 countries, with more than 1 million users. In the future, we will continue to expand:

✅ Continuous innovation, developing more high-quality products.

✅ Connecting global liquidity, bridging Eastern and Western markets.

✅ Hosting more events to truly benefit users.

✅ Launching the official season, with more surprises to look forward to.

📢 Join us and witness a more professional and secure trading future together! 🎒🚀

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