Backpack Launches New Equity Perps: NVDA, SPCX and AAPL; SPCX Now Supported as Collateral

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

Backpack has listed three new equity perpetual futures markets: NVDA-PERP, SPCX-PERP, and AAPL-PERP. All three are live now for 24/7 trading, with USD yield on your PnL. SPCX is also now supported as collateral within Backpack's unified, cross-asset portfolio margin. 

New Equity Perpetual Futures

SPCX as Supported Collateral

Stocks held on Backpack are real US equities, with each holding representing a security entitlement to the underlying shares.

Backpack now supports SPCX as collateral within its unified, cross-asset portfolio margin.

Users can:

• Trade perpetual futures using eligible SPCX holdings as collateral
• Borrow USD against their SPCX holdings
• Trade spot on margin against their SPCX holdings

This brings SPCX into the same portfolio-margin system already used across other supported assets and instruments on Backpack.

About the Underlying Assets

NVIDIA (NVDA)

NVIDIA (Nasdaq: NVDA) designs the graphics processors and AI accelerators that underpin most of the world's large-scale machine learning workloads. Its data center business, built around GPU hardware and the CUDA software stack, supplies the compute used to train and serve frontier AI models, while its gaming, professional visualization, and automotive segments cover the rest of its product line.

SpaceX (SPCX)

SpaceX (Nasdaq: SPCX) is the parent company of Starlink and the Falcon and Starship launch programs, and is the world's most active launch provider by volume. Space Exploration Technologies Corp. listed on Nasdaq in June 2026, making it one of the largest public market debuts in the aerospace sector.

Apple (AAPL)

Apple (Nasdaq: AAPL) designs and sells the iPhone, Mac, iPad, and Apple Watch product lines, alongside a services business spanning the App Store, iCloud, Apple Pay, and subscription media. It is one of the largest companies in the world by market capitalization and a core holding in most major US equity indices.

Important Notes

• NVDA-PERP, SPCX-PERP, and AAPL-PERP are perpetual futures markets and do not represent spot ownership, shareholder rights, or dividend entitlements in the underlying stocks.
• 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.