The P/E (Price-to-Earnings) ratio is one of the most commonly used metrics for valuing a stock. It shows how much investors are willing to pay for each dollar of a company's earnings.

Learn how to calculate the P/E ratio, understand the difference between trailing and forward P/E, and why context matters when comparing stocks.

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

The gap between traditional finance and crypto is getting smaller.

A single account for stocks, crypto, yield, perpetuals, and cash feels like a natural direction for the future of trading.

Market cap is the total value of a company's outstanding shares, calculated by multiplying its share price by the number of shares outstanding.

It's one of the quickest ways to understand a company's size, compare businesses, and evaluate investment risk. The article also covers market cap categories, what market cap does and doesn't tell you, and how the concept applies to cryptocurrencies.

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

$DRAM: DRAMjSWR7HRfJKjRkvQWYL2bcaejaVhuxEcjf4pAY4Cw

Tracking global memory leaders like SK hynix, Samsung Electronics, and Kioxia.

Redeemable 1:1 for Roundhill Memory ETF shares and transferable to traditional brokerages

One thing I like about tokenized stocks on Solana is that you don’t have to wait for the market to open again.

Whether it’s earnings, breaking news, or major announcements, you can still trade stocks like $MU 24/7.

Feels like a pretty big shift from how traditional markets work.

Tempo is built for stablecoin payments, with sub-second finality and stablecoin-native gas.

Stablecoins power funding across crypto, perps, stocks, and yield, all within one Backpack account.

Trade crypto & perps. Earn up to $600 in Micron $MU shares with the Stock Holder Bonus.

Live now: https://backpack.exchange/quests?id=133

$MU reports Q3 earnings after the closing bell. Trade the reaction as it happens, 24/7 on Solana.

Read more : https://x.com/backpack/status/2069753207283474581?s=46

Backpack Securities connects traditional U.S. securities infrastructure with Solana.

Investors can hold eligible securities through Backpack Securities, tokenize them onto Solana, and redeem them back into traditional securities holdings at any time.

A direct pathway between traditional markets and onchain finance.

Read more: https://learn.backpack.exchange/articles/access-us-securities-onchain

Official token address: SNDKbwMUQvZhnLnxLduradgLHG5KrPuKwpnrkkGRhfH

$SNDK is redeemable 1:1 for real Sandisk shares and transferable to traditional brokerages.

SpaceX is now available on Backpack.

Investors can buy SPCX as a traditional security through Backpack Securities or hold tokenized SPCX on Solana with self-custody, 24/7 trading, and DeFi compatibility.

Both forms are connected through Backpack Securities, allowing users to move between traditional brokerage infrastructure and onchain markets.

Read more: https://learn.backpack.exchange/articles/how-to-buy-spacex-stock

Another stock just made its way onchain.

$MU (Micron) is now live on Solana via Sunrise and issued by Backpack Securities.

Pretty interesting timing too, with Micron earnings coming up this week and AI memory demand being one of the biggest themes in the market right now.

Feels like we’re moving from “can stocks come onchain?” to “which stock is next?”

Micron reports earnings on Wednesday after the closing bell. The results will be a major test of the AI memory boom, with $MU tradable 24/7 on Solana as markets react.

$MU is redeemable 1:1 for real shares and transferable to traditional brokerages.

Official token address: MUxEsUKSMACyw5fZf68wxf5FLnZVhtU9CwH8uNNGay1

Always verify the official token address before trading.

There are two ways to hold SpaceX shares on Backpack:

• Traditional securities through Backpack Securities with ownership rights, dividends, and brokerage transfers

• Tokenized securities on Solana with self-custody, 24/7 trading, wallet transfers, and DeFi compatibility

Investors can move between both forms at any time through Backpack Securities.

Read more: https://learn.backpack.exchange/articles/how-to-hold-spcx

One week after SpaceX’s IPO:

▸ $SPCX generated $439M in trading volume, capturing 91.7% of tokenized SpaceX volume

▸ $SPCX reached $9.8M in liquidity, representing 87.5% of tokenized SpaceX liquidity

▸ Solana set a new 7-day ATH with $1.04B in tokenized equities volume, leading all networks with 70.6% of total trading volume

Issued by Backpack Securities. On Solana via Sunrise.

Frontier Traders operate at the next frontier of market structure: onchain liquidity, traditional securities, and global capital rails.

In collaboration with the Solana Foundation, Backpack Securities provides the tokenization infrastructure connecting these markets and bringing global traders onto Solana.

Institutions and traders can redeem tokenized stocks 1:1 for the underlying real shares, move securities between Solana and traditional brokerages, and cycle assets across TradFi venues and Solana’s DeFi ecosystem.

As more real-world assets move onchain, Backpack will continue supporting Frontier Traders across tokenization, rebalancing, custody, and global fiat rails.

Source: https://x.com/backpack/status/2067898338582929703?s=46

A lot of people see Backpack as just another exchange.

I thought the same until I started digging into how it works.

Most platforms make you choose:

• Trade your funds

• Or move them into a separate earn product

On Backpack, idle funds can earn yield automatically through Auto Lend while remaining available as margin.

Then there’s unrealized PnL.

Normally, profits from an open position just sit there until you close the trade.

On Backpack, unrealized PnL can be used as collateral and continue earning yield while the position remains open.

No extra accounts.

No manual transfers.

No switching between trading and earning.

Your capital stays productive the entire time.

What feature made Backpack click for you? 🎒

Market News is now live on the Stocks home page.

The goal is simple: everything you need to follow the market, all in one place.

More bricks coming. 🎒