Key Takeaways:

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• Enable the Auto Realize PnL setting and all of your unrealized profit is settled continuously into physical USDC without reducing your position.
• You can use this to cover fees, fund new positions, or reduce margin requirements.
• Less fees, lower margin requirements, real time settlement that's yours to withdraw.

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Auto Realize PnL

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By turning on our auto PnL feature within a chosen subaccount you can choose to automatically and continuously realize your PnL. Note that this can be turned on and off at any given time. Unrealized PnL also earns/pays interest no matter what, and fully counts towards net equity.

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Automatically settling PnL also enhances liquidity efficiency, allowing you to redeploy profits instantly. Whether scalping, swing trading, or managing a portfolio, Backpack's unique auto PNL realization increases trader profit and decreases effective fees.

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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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