Key Takeaways:

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• Interest Bearing Perps: a system that blends perpetual trading with a borrow-lending market so your collateral works overtime.
• Earn borrow-lending yield on your assets while using 100% of your collateral to trade perps.

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Interest Bearing Perps are the end result of a margin system we built from the ground up. From an omni-chain money markets, to cross-collateralized portfolios, Auto Lend, Auto Realize PnL, and many other features - emerges this ground-breaking ability to earn borrow-lending yield while using 100% of your collateral to trade perps.

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Want to read more in depth about why we built the system? Click here for an in-depth guide from our Founder, or check out a short and sweet overview video of the platform.

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Learn more about Backpack

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Disclaimer: This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial, legal or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Where the article is contributed by a third party contributor, please note that those views expressed belong to the third party contributor, and do not necessarily reflect those of Backpack. Please read our full disclaimer for further details. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Backpack is not liable for any losses you may incur. This material should not be construed as financial, legal or other professional advice.

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