Key Takeaways:
- 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.
- Built from the ground up, this system integrates omni-chain money markets, cross-collateralized portfolios, Auto Lend, Auto Realize PnL, and more—unlocking the ability to generate yield while trading perps.
Interest-bearing perpetual contracts on Backpack allow you to earn yield on 100% of your collateral and unrealized gains while holding your position. Unlike traditional perpetual futures, which only provide exposure to price movements, our platform lets you benefit from both market fluctuations and yield opportunities all in one cross-margined account.
This new product is available thanks to our innovative trading platform, which has been custom- built from the ground up. Active traders now have access to perpetual swaps, spot margin trading, borrow/lending, and transparent risk models through one cross-margined account.
This innovation leverages a single cross-margined account, enhancing capital efficiency while enabling leveraged trading with built-in yield generation. Whether you're a trader or a long-term holder, Interest-Bearing Perps maximize the utility of your capital like never before.
Go-To Resources:
Check out these resources for a deeper understanding of why we created these features and how to use them.
Feature Walkthroughs:
- Overview of Trading System / Video
- Interest Bearing Perps / Video
- Auto Lend + Basis Trading on Backpack / Video
- Unified Cross-margin Accounts / Video
System Documentation:
Thought Leadership
Backpack Exchange is a fully regulated cryptocurrency exchange, redefining the trading experience with a capital-efficient, intuitive, and user-friendly platform tailored to active traders. Want to learn more into why we built this system? Read an in-depth guide from our founder, Armani Ferrante or check out the quick overview video above.
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