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What are Interest Bearing Perps?
What are Interest Bearing Perps?

Key Takeaways:

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:

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.

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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