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Backpack Launches New Equity and ETF Perps: HOOD, CRCL, DRAM and TSLA

Backpack Launches New Equity and ETF Perps: HOOD, CRCL, DRAM and TSLA

September 8, 2026
Backpack Launches New Equity and ETF Perps: HOOD, CRCL, DRAM and TSLA

This is a listing announcement. Products and services may not be available in all regions.

Backpack has listed four new equity and ETF perpetual futures markets: HOOD-PERP, CRCL-PERP, DRAM-PERP and TSLA-PERP. Trade 24/7, with USD yield on your PnL while the position is open. Trade any of the four to earn up to $500 in AMC or Robinhood shares in Equity Perps Trail, live through September 14. 

Equity & ETF Perpetuals

HOOD-PERP CRCL-PERP DRAM-PERP TSLA-PERP
Launch Time 2026-09-08 09:00 (ET) 2026-09-08 09:00 (ET) 2026-09-08 09:00 (ET) 2026-09-08 09:00 (ET)
Market Type Perpetual Futures Perpetual Futures Perpetual Futures Perpetual Futures
Underlying Asset Robinhood Markets, Inc. Class A Common Stock (Nasdaq: HOOD) Circle Internet Group, Inc. Class A Common Stock (NYSE: CRCL) Roundhill Memory ETF (Cboe BZX: DRAM) Tesla, Inc. Common Stock (Nasdaq: TSLA)
Settlement Asset USD USD USD USD
Tick Size 0.01 0.01 0.01 0.01
Min Trade Amount 0.01 HOOD 0.01 CRCL 0.01 DRAM 0.01 TSLA
Max Leverage 10x 10x 10x 10x
Funding Fee 1 hour 1 hour 1 hour 1 hour
Trading Hours 24/7 24/7 24/7 24/7

Earn Up to $500 in Equity Perps Trail

Equity Perps Trail rewards you in AMC or Robinhood shares based on the stock and ETF perp volume you generate. The campaign runs until September 14, 2026, 11:59 PM UTC.

  • Choose AMC or Robinhood as your reward stock, then opt in on the quest page.
  • Generate volume on eligible stock and ETF perpetual markets during the campaign period.
  • Reward levels run from $10 at $100,000 in volume up to $500 at $5,000,000. Only your highest level counts, and rewards are paid in the stock you selected at opt-in.

For the full reward levels and terms, see the Equity Perps Trail announcement.

About the Underlying Assets

Robinhood Markets (HOOD)

Robinhood (Nasdaq: HOOD) operates a retail brokerage platform for US equities, options and crypto, built around a mobile-first account with no per-trade commission. Its revenue comes from transaction-based revenues across those asset classes, net interest on customer balances and margin lending, and subscription income from Robinhood Gold.

Circle (CRCL)

Circle (NYSE: CRCL) is the issuer of USDC and EURC, two of the largest fiat-backed stablecoins in circulation. The company runs the minting and redemption infrastructure that institutions use to move between bank money and stablecoins, and earns the majority of its revenue from interest on the reserves backing tokens in circulation.

Roundhill Memory ETF (DRAM)

DRAM (Cboe BZX: DRAM) is an actively managed ETF from Roundhill Investments that holds a concentrated basket of global memory chip makers, spanning high bandwidth memory, DRAM, NAND flash and storage. It was the first ETF built purely around memory rather than the broader semiconductor sector, and began trading on April 2, 2026.

Tesla (TSLA)

Tesla (Nasdaq: TSLA) manufactures electric vehicles across the Model 3, Model Y, Model S, Model X and Cybertruck lines, and runs an energy business covering solar and grid-scale battery storage. Its software and AI programs, including Full Self-Driving and the Optimus humanoid robot, sit alongside the vehicle business.

Important Notes

  • HOOD-PERP, CRCL-PERP, DRAM-PERP and TSLA-PERP are perpetual futures markets and do not represent spot ownership, shareholder rights, or dividend or distribution entitlements in the underlying stocks or fund.
  • Product and service availability may vary by region and supported market.

Disclaimer: This announcement is provided for informational purposes only and does not constitute financial advice, investment advice, or an endorsement of any listed asset by Backpack. Perpetual trading involves significant risk, including market volatility, leverage risk, and potential liquidation.

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