Backpack

Welcome to Season 1. 🎒 Starting today, you can use Backpack Exchange to earn points and increase your rank. Points are dropped each Friday. The first points drop has been awarded to the 475k+ users who traded in the pre-season and public beta. Sign up: https://backpack.exchange/ Discord: http://discord.gg/backpack Rules: https://lnkd.in/dpFmxRwh Every action counts.

Crypto has the potential to eat finance in the same way software ate the entire world And Armani Ferrante shared how  the whole conversation of DeFi vs CeFi is a momentary thing and will ultimately be just finance Backpack is building for that world

Friday.

We are excited to share that Backpack will be at the VanEck Southern California Blockchain Conference! 🎒 🇺🇸 Our CEO, Armani Ferrante, will take the stage for a Day 2 fireside chat to share how Backpack Exchange and Wallet are paving the way for the next wave of mass adoption in crypto. 📅 Wednesday, March 12th ⏰ 10:15 - 11:10 AM This conference is a fantastic opportunity to dive into the biggest topics in blockchain and digital assets—and it’s 100% free to attend! 👉 Register here: https://lnkd.in/gpeTGTAj

Introducing the Backpack Validator and bpSOL! 🎒 Stake on the Backpack Validator to earn max staking rewards with zero fees while supporting the Solana network: 0% Commission ✅ 0% MEV Commission ✅ Boost your earnings even further with 100% Block Rewards Kickback on bpSOL.

Crypto is now a household conversation. 🏠 🇺🇸 Backpack CEO Armani Ferrante visits Skyline to discuss what this means for the next generation of builders and the future of innovation in the US. Watch the clip below! 👇 🎒

Sonic SVM Mainnet is live and now available in Backpack Wallet! 🎒

Backpack is heading to ETHDenver! 🎒 🇺🇸 CEO and Founder, Armani Ferrante, will be taking the main stage to share his insights on the future of crypto exchanges. Don’t miss his panel: “Scaling the DeFi Mullet: How Exchanges Are Going Onchain” 📅 Saturday, March 1st ⏰ 11:10 AM Are you a Backpack/Mad Lad supporter and heading to ETHDenver? Join us for an exclusive meet-up! Spots are limited—register now to guarantee your spot. Link to register 👉 https://lu.ma/0eea88qn

As we approach the end of our public beta, here is how Backpack compares to other centralized exchanges in 24-hour perpetual futures volume: - Coinbase: $18,725,694,906 - Kraken: $433,487,060 - Backpack: $102,697,424 - Gemini: $54,455,193 We believe we are in a great position to compete as we head into seasons. With interest-bearing perpetuals, cross-margin, and a fully licensed, secure platform, Backpack is designed to meet the needs of both retail and institutional traders. 🎒 What do you think of our progress so far? Let us know in the comments! 👇

I just wrapped up my first major crypto conference, Consensus Hong Kong, and a few trends stood out that could have a major impact on markets: 1️⃣ Crypto is here to stay—but what’s actually getting traction? Yes, the attendance was massive (8,000+ @$800 each), but what’s more telling is where the attention was focused - Institutional adoption, Real World Assets (RWA) tokenization, and the rise of on-chain finance were key themes. The narrative is shifting from “crypto as speculation” to crypto as infrastructure—and this is gaining the attention of TradFi players. 2️⃣ The U.S. is finally flipping pro-crypto—but how fast will capital follow? Regulatory hostility in the U.S. kept major players sidelined. Now, with Trump signaling support, we can expect billions in capital to re-enter the market.  The key question: Who benefits first? • ETFs & structured products → Expect new approvals and inflows. • Exchanges & liquidity providers → More capital, fewer restrictions. • Stablecoins → The U.S. embracing USD-backed crypto assets. 3️⃣ AI + Crypto: Is this the next DeFi summer? The AI hype was impossible to ignore. AI Agents—digital teams that collaborate to execute complex tasks—are coming fast. They’ll need on-chain data, smart contracts, and decentralized infrastructure to function at scale. DePIN (Decentralized Physical Infrastructure Networks) will be one of the first proving grounds, but the bigger picture? • AI-powered trading and execution strategies are already emerging. • Automated compliance and fraud detection will become the norm. • AI-driven market makers could reshape liquidity dynamics. This isn’t just a futuristic bet—it’s already starting. The question is: What will be the first disruptor use case? Final Thoughts The industry is accelerating, and TradFi is shifting from “watching from the sidelines” to actively positioning for the next wave. Exciting times! Would love to hear thoughts? At Backpack, we’re already seeing these trends in motion—liquidity, innovation, and adoption moving faster than ever.