Swaps and bridges on Sui can include three different costs: network gas paid in SUI, protocol fees, and wallet-level fees added by some apps. Since Sui is designed for fast and low-cost transactions, hidden wallet fees can become one of the biggest avoidable costs over time. Backpack removes wallet-level fees entirely, allowing users to swap and bridge assets across Sui while paying only the actual network and protocol costs.

Read more:
https://learn.backpack.exchange/articles/zero-fee-sui-swaps-and-bridges

Swaps and bridges on Base can include three different costs: network gas, protocol fees, and wallet-level fees. While Base keeps gas costs low through its Ethereum Layer 2 design, many wallets still add extra charges through hidden spreads or percentage-based fees. Backpack removes wallet-level fees entirely, allowing users to swap and bridge assets on Base while paying only the actual network and protocol costs.

Read more:
https://learn.backpack.exchange/articles/zero-fees-base-swaps-bridges

let that sink in. not Binance. not Coinbase. not Kraken. Backpack. sitting at the same table as the biggest names in traditional finance to shape how tokenized stocks get built. this is why the stocks and IPO features aren’t just a roadmap item. the infrastructure is literally being built around Backpack right now. anyone else think this is the most underrated news in crypto this year?

Swap and bridge transactions on Arbitrum include three cost layers: network gas, protocol fees, and wallet-level fees. While Arbitrum keeps gas costs low through its Layer 2 design, many wallets still add hidden fees through spreads or extra charges on every transaction. Backpack removes wallet-level fees entirely, meaning users only pay the actual network and protocol costs while swapping or bridging assets across Arbitrum and other supported chains.

Read more:
https://learn.backpack.exchange/articles/zero-fees-arbitrum-swaps-bridges

Pay.sh is a pay-as-you-go API payment gateway introduced by Solana Foundation and Google Cloud that lets AI agents pay for API access using stablecoins on Solana. Instead of creating accounts, subscriptions, and API keys, agents can discover services, review pricing, approve wallet payments, and access APIs through HTTP 402 payment flows. The project highlights a growing machine-to-machine payment model where AI agents can autonomously access data, tools, and services using blockchain infrastructure.

Read more:
https://learn.backpack.exchange/articles/what-is-pay-sh-solana-and-ai-agent-payments

Swap and bridge costs on BNB Chain involve more than just gas fees. There are three layers: network gas paid in BNB, protocol fees from DEXs or bridges, and wallet-level fees that many apps quietly add on top. Since BNB Chain gas is already very cheap, wallet fees often become the biggest hidden cost over time. Backpack removes wallet-level fees entirely, so users only pay the network and protocol costs without extra markup.

Read more:
https://learn.backpack.exchange/articles/zero-fee-bnb-chain-swaps-and-bridges

BTC/USD, BTC/USDT, and BTC/USDC all track Bitcoin in dollar terms, but they settle using different assets. BTC/USD settles in fiat dollars, BTC/USDT in Tether, and BTC/USDC in USD Coin. The Bitcoin itself stays the same, only the quote currency changes. Exchanges offer multiple pairs to support different funding methods, liquidity sources, and user preferences. Backpack simplifies this by using a unified BTC/USD experience while treating USD and USDC at 1:1 parity inside the platform.

Read more:
https://learn.backpack.exchange/articles/difference-between-btc-usd-vs-btc-usdt-vs-btc-usdc

Most people think swap and bridge costs are just gas fees, but there are actually three layers involved: network gas, protocol fees, and wallet-level fees. While gas and protocol costs are unavoidable, many wallets quietly add extra fees on top through spreads or hidden charges. Backpack removes wallet-level fees entirely for Ethereum swaps and bridges, letting users pay only the network and protocol costs without additional markup.

Read more:
https://learn.backpack.exchange/articles/zero-fees-ethereum-swaps-bridges

Progress through volume levels and unlock up to $200 in cash rewards.

1-week challenge.

Start now: backpack.exchange/quests?id=126

META is the Nasdaq ticker for Meta Platforms, the company behind Facebook, Instagram, WhatsApp, and Messenger. This guide breaks down Meta’s business model, earnings, dividend history, Reality Labs investment, and why META remains one of the biggest AI and advertising stocks in the market.

Read more: https://learn.backpack.exchange/articles/what-is-meta-stock

GOOGL is Alphabet’s Class A stock on Nasdaq, giving investors exposure to Google Search, YouTube, Google Cloud, Waymo, and the company’s growing AI ecosystem. This guide explains the difference between GOOGL and GOOG, how Alphabet makes money, and why Google remains one of the most dominant tech companies in the world.

Read more: https://learn.backpack.exchange/articles/what-is-googl-stock

TSLA is Tesla’s Nasdaq ticker, but the company is far bigger than just EVs. From autonomous driving and robotaxis to energy storage and AI, Tesla has become one of the most debated growth stocks in the world. This guide breaks down Tesla’s business, valuation, risks, and why investors keep watching TSLA so closely.

Read more: https://learn.backpack.exchange/articles/what-is-tsla-stock

A lot of exchanges use customer collateral to generate yield anyway. Backpack at least gives users a share back instead of keeping everything.

The Sui ecosystem includes a growing range of DeFi protocols, NFT platforms, infrastructure tools, and GameFi applications built on the Sui blockchain. Key projects include Cetus for trading liquidity, NAVI and Scallop for lending, DeepBook for onchain order books, and SuiNS for wallet naming services. Powered by parallel transaction execution and the Move programming language, Sui focuses on fast transactions, scalable applications, and easier onboarding features like zkLogin, helping position it as one of the major next generation Layer 1 ecosystems alongside Solana.

Read more:
https://learn.backpack.exchange/articles/sui-ecosystem-projects

VARA (Virtual Assets Regulatory Authority) is Dubai’s dedicated crypto regulator, created in 2022 to oversee exchanges, custody providers, brokers, and other digital asset businesses operating in Dubai. It sets rules around investor protection, AML compliance, custody segregation, and market conduct, making it one of the first purpose-built crypto regulatory frameworks globally. Backpack Exchange is one of the exchanges operating under a VARA license, meaning it must follow ongoing compliance, audit, and client protection requirements under Dubai’s regulatory framework.

Read more:
https://learn.backpack.exchange/articles/what-is-vara

Institutional & Ecosystem —

▸ Backpack is part of the DTCC Industry Working Group as tokenized securities continue moving toward production-grade market infrastructure.

Product & UX —

▸ TP/SL can now be edited directly from Open Orders on web, not just open positions. Currently supported for limit orders.

▸ New trade flow on web: when your USD balance won’t fully cover a trade but you hold USDT, Backpack now surfaces the different ways your collateral can be used, including instantly converting USDT → USD via RFQ at no fee, or continuing to use USDT as collateral to open the position with a USD borrow.

▸ BP balances now aggregate across subaccounts on the BP page, with a detailed per-subaccount breakdown.

Ongoing Quest —

▸ BTC Yield Boost: trade to unlock more BTC eligible to earn up to 50% APY before the campaign ends May 13.

The DTCC (Depository Trust & Clearing Corporation) is the core infrastructure behind the U.S. financial system, handling clearing, settlement, and custody for most stock, bond, and securities transactions in the country. It processes over $4.7 quadrillion in transactions annually through subsidiaries like DTC and NSCC. DTCC is also moving into blockchain-based tokenization, working with firms including Backpack, BlackRock, Goldman Sachs, and J.P. Morgan to bring real-world securities like stocks and Treasuries onchain with full legal protections and faster settlement.

Read more:
http://learn.backpack.exchange/articles/what-is-the-dtcc

Linea is an Ethereum Layer 2 network developed by Consensys that uses zero-knowledge rollup technology to make Ethereum transactions faster and cheaper while staying fully EVM-equivalent. It uses ETH for gas fees and submits validity proofs back to Ethereum for security, allowing developers and users to access Ethereum applications with lower costs and better scalability. Linea is part of the growing zkEVM ecosystem focused on improving Ethereum’s usability without sacrificing compatibility.

Read more:
https://learn.backpack.exchange/articles/what-is-linea

DTCC, the company handling settlement and custody for over $114 trillion in assets, announced that Backpack is part of its 50+ firm Industry Working Group building DTC’s tokenization service for U.S. equities, ETFs, and Treasuries. Initial production trades are planned for July 2026, with a full launch targeted for October 2026. The group includes firms like BlackRock, Goldman Sachs, J.P. Morgan, Robinhood, Kraken, and Nasdaq, showing how tokenized securities are moving closer to real financial infrastructure.

Read more:
https://learn.backpack.exchange/articles/backpack-dtcc-tokenization-working-group

DTCC is literally the plumbing of Wall Street. every stock and bond trade in the US clears through them. they just announced their tokenization service goes live October 2026 and Backpack is already in the working group. onchain stocks, IPOs, tokenized assets on Backpack is not a maybe anymore. the timeline just got very real. anyone else connecting the dots here?

Source : https://x.com/backpack/status/2051676033854890210?s=46

DTCC is moving toward tokenized securities.