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Backpack Public Beta Hits $786M Volume in First Week
Backpack
February 25, 2025
Backpack Public Beta Hits $786M Volume in First Week
Backpack’s Public Beta is off to a great start!
Here are the numbers from week one:
🤑 $786M+ in trading volume
💫 6 new perp markets available
🧑🦰 2,800 unique traders
⚡️ 7–11% yields on USDC collateral
🧱 Leverage increasing from 10x to 20x
A huge thank you to everyone who has traded and shared feedback. We are just getting started—jump in and trade at backpack.exchange!
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