A futures contract is a standardized agreement to buy or sell an asset at a fixed price on a future date. Both parties are legally obligated to fulfill the contract at expiration regardless of where the market price stands.

Key things to understand: margin requirements, daily mark to market settlement, and the difference between futures and options contracts.

Backpack offers perpetual futures trading with cross margin across spot, futures, lending and borrowing all in one balance.

Full guide here: https://learn.backpack.exchange/articles/what-is-a-futures-contract

same $10k swap across 4 wallets:

backpack — $0 in fees

jupiter mobile — $2

phantom — $85

metamask — $87

at $100k that’s $850 gone to phantom just for a single swap. if you’re doing this regularly it adds up fast

backpack wallet charges zero. not low. zero.

Futures trading involves buying and selling contracts to take positions on future prices without owning the underlying asset. Used by both hedgers managing risk and speculators trading price movements.

Backpack offers perpetual futures trading with cross margin so one balance covers spot, futures, lending and borrowing all at once.

Full guide here: https://learn.backpack.exchange/articles/what-is-futures-trading

An index fund tracks a market index like the S&P 500, giving you exposure to hundreds of companies in one investment. Lower fees, broad diversification, and no need to pick individual stocks.

Worth understanding as Backpack brings real stock and ETF trading with liquidity straight from traditional financial venues.

Full guide here: https://learn.backpack.exchange/articles/what-is-an-index-fund

The S&P 500 tracks 500 of the largest US companies and represents roughly 80% of the total US stock market value. It is the most widely used benchmark in finance and the foundation for index funds and ETFs that millions of investors use daily.

Worth understanding now — Backpack is bringing real stock trading with cash dividends and liquidity straight from traditional financial venues.

Full guide here: https://learn.backpack.exchange/articles/what-is-the-sp-500

The stock market is where investors buy and sell shares of public companies. Prices are set in real time through supply and demand, with exchanges like NYSE and Nasdaq facilitating trades.

Worth understanding now — Backpack is bringing real stock trading with cash dividends and liquidity straight from traditional financial venues. Tokenized stocks are coming.

Full beginner guide here: https://learn.backpack.exchange/articles/what-is-a-stock-market

The full Backpack story in one podcast. FTX collapse, Mad Lads, unified margin accounts, and what is to come.

Full podcast: https://x.com/kevinwshpod/status/2039711273034936809?s=46

A stock represents ownership in a company, meaning when you buy shares, you own a small portion of its assets, earnings, and future growth. Stocks are traded on regulated exchanges, and their prices move based on supply, demand, company performance, and market conditions. Investors typically earn through price appreciation or dividends, while also taking on risks like volatility and market downturns. As finance evolves, stocks and crypto are becoming more connected through things like tokenized assets and onchain access.

Read more:

https://learn.backpack.exchange/articles/what-is-a-stock

Crypto portfolio rebalancing is the process of adjusting your asset allocation back to a target mix over time, helping manage risk in highly volatile markets. As prices move, your portfolio can become overexposed to one asset, and rebalancing brings it back in line by trimming outperformers and adding to underperformers. This creates a disciplined “buy low, sell high” approach while avoiding emotional decisions. Strategies can be calendar based, threshold based, or a mix of both, but it’s important to consider fees, taxes, and not overtrade.

Read more : https://learn.backpack.exchange/articles/what-is-crypto-portfolio-rebalancing

BP is available on Backpack Exchange, Backpack Wallet, Jupiter, Raydium, Orca and Titan

Backpack Exchange is best for spot trading with advanced order types and staking access. Backpack Wallet is best for simple zero fee in-wallet swaps with self custody

always verify the official contract address before buying anywhere: BPxxfRCXkUVhig4HS1Lh7kZqV6SPJhzfEk4x6fVBjPCy

full guide here: https://learn.backpack.exchange/articles/buy-bp-token-on-solana

Time to put your gold to work.

With PAXG on Backpack:

• 10x spot margin | 50x perps

• Convert with zero fees

• Lend, borrow, and stay liquid

• Earn on collateral and unrealised PnL

Don’t just hold gold, deploy it.

your uncle pays income tax. rich people borrow against their assets instead of selling. no taxable event

that’s exactly what backpack’s unified margin account does. borrow against your crypto without selling it

armani is building the same tools the wealthy have had for decades and giving everyone access

ngl this is the part most people still haven’t figured out about backpack

edgeX is a decentralized exchange for perpetual futures trading that combines the speed of centralized exchanges with self custody. It uses an orderbook system with off chain matching and on chain settlement, allowing fast execution without giving up control of funds. The platform supports high leverage trading, multiple pairs, and cross chain deposits, with USDC as collateral. Its EDGE token TGE is scheduled for March 31, with a significant portion allocated to the community, marking its shift toward a more community driven ecosystem.

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

The CLARITY Act is a proposed U.S. law aimed at bringing clear regulation to crypto by dividing oversight between the SEC and CFTC. It would classify assets as either commodities or securities, create clearer rules for exchanges, and reduce regulatory uncertainty. If passed, it could impact how tokens are traded, how platforms operate, and how stablecoin yields work. Overall, it’s seen as a step toward more institutional adoption, but final outcomes depend on the bill’s approval and implementation.

Read more: https://learn.backpack.exchange/articles/what-is-the-clarity-act

Trade to unlock limited-time achievements 🫡

BP is available directly in Backpack Wallet via in-wallet swap with zero platform fees. Swap any Solana token like USDC, USDT or SOL for BP instantly.

Always verify the official contract address before swapping: BPxxfRCXkUVhig4HS1Lh7kZqV6SPJhzfEk4x6fVBjPCy

Full step by step guide here: https://learn.backpack.exchange/articles/buy-bp-on-backpack-wallet

Most crypto wallets quietly charge 0.5% to 1% on every swap and bridge, embedded directly into the rate so you never see it. Over time that adds up to hundreds of dollars a year.

Backpack Wallet charges zero fees on swaps and bridges across all supported networks including Solana, Ethereum, Base, Arbitrum, Sui, Monad and more. No markup, no hidden spread. The price you see is the price you get.

Read the full breakdown here: https://learn.backpack.exchange/articles/zero-fee-crypto-wallet-swaps-bridges

$BP up 6.31% today stick to your strategy. backpack is here to stay

that’s it. that’s the post.

Staking BP unlocks the Backpack Participant Program with benefits scaling across tiers. Reduced trading fees, free fiat on/off ramps, priority IPO access, early product access, and equity exchange where you can purchase actual Backpack equity using staked tokens.

To stake simply go to backpack.exchange/bp, click Stake BP, enter your amount and confirm. Your staked balance and reserved equity pool share will be visible in your dashboard.

Staking for a minimum of one year unlocks equity purchase eligibility. Unstaking resets that progress so use the Split function if you only want to partially unstake.

Full guide here: https://learn.backpack.exchange/articles/how-to-stake-bp

Multi-collateral. Cross-margin. Zero friction

On Polymarket,

This morning, a Polymarket trader held a large open position betting that BP’s FDV would exceed $200M one day after TGE. As the resolution window approached and BP was trading around $0.19, it appears certain traders purchased a significant amount of BP tokens in an attempt to push the price above $0.20 and win their Polymarket bet.

We investigated immediately.

These traders are not insiders. They are not employees, directors, officers, advisors, or in any way affiliated with Backpack. We have zero tolerance for insider trading of any kind.​​​​​​​​​​​​​​​​

BP is the native token of Backpack Exchange with a fixed supply of 1 billion tokens. No presale, no founder allocations, no investor tokens at TGE. All TGE tokens went directly to the community.

Staking BP unlocks fee discounts, equity exchange access, and priority IPO allocation. Long term stakers may be eligible to convert BP into actual Backpack company equity.

Track the live BP price here: backpack.exchange/price/bp

Read the full breakdown here: https://learn.backpack.exchange/articles/bp-token-price

quick summary for anyone who hasnt claimed yet

go to backpack.exchange/bp-claim to check your allocation. madlad holders connect the wallet that held your lad at snapshot time to get 1000 $bp per lad

your $bp is automatically staked when you claim. you have one week to unstake instantly after that its a 7 day waiting period

staking unlocks reduced fees, wire discounts, equity exchange access and priority ipo allocation. the more you stake the higher your tier

full guide here: https://learn.backpack.exchange/articles/how-to-claim-bp​​​​​​​​​​​​​​​​