Mystery Boxes: The New Backpack. Trade to Earn Mystery Boxes Worth Up to $1,000 in US Stocks

Trade perps or crypto spot to earn Mystery Boxes. Every box holds a real US stock inside, worth up to $1,000. Your first box unlocks at $10K of volume, and you can earn up to 15. Returning users who earn their first box also receive 1 extra box. 

Campaign period: October 29, 2026, 12:00 AM UTC to November 4, 2026, 11:59 PM UTC.

How to Participate

• Open the Mystery Boxes quest page and opt in. Only opted-in accounts receive boxes, and all your eligible volume since the campaign start counts.
• Generate trading volume on eligible markets during the campaign period: all perpetuals (crypto, stock and ETF perps) and crypto spot.

How Boxes Work

• Your first box unlocks at $10,000 in cumulative volume, then $50,000, $150,000, $300,000 and $600,000. After that, every additional $500,000 earns another box, up to 15 boxes per user.
• Every box holds one real US stock. Trade more for more boxes and better odds.
• To receive your boxes, you must have completed identity verification and hold at least $100 in your account when the campaign ends.
• Spot stocks, USDT/USDC pairs, convert trades, API trading and liquidation volume do not count.
• Participants who are ineligible to receive stocks due to jurisdictional restrictions or other eligibility requirements will automatically receive the equivalent reward value in USDC.

Returning to Backpack

If your last trade on Backpack was between July 30, 2025 and July 30, 2026, you receive 1 extra box when you earn your first box. The extra box is granted once per person.

Mystery Box Levels

Boxes are distributed to Rewards after the campaign ends and can be opened from November 6 through November 13.

Terms and Conditions

• Opt-in via the quest page is required to be eligible. Only opted-in accounts receive boxes, and all eligible volume since the campaign start counts.
• The campaign runs from October 29, 2026, 12:00 AM UTC to November 4, 2026, 11:59 PM UTC.
• Eligible volume includes all perpetual markets (crypto, stock and ETF) and crypto spot markets. Spot stocks, USDT/USDC pairs, convert trades, API trading and liquidation volume are excluded.
• To receive boxes, participants must have completed identity verification and hold at least $100 in their account at campaign end.
• Accounts enrolled in the market maker program are not eligible.
• Boxes are cumulative, up to a maximum of 15 per participant.
• The extra box for returning users applies to accounts whose last trade on Backpack was between July 30, 2025 and July 30, 2026, is granted when the first box is earned, and is limited to one per person.
• Boxes are distributed to Rewards after campaign close and can be opened from November 6 through November 13.
• If a participant is ineligible to receive stocks due to jurisdictional restrictions or other eligibility requirements, the reward will be automatically substituted with the equivalent value in USDC.
• Backpack reserves the right to withhold rewards from or disqualify any participant who engages in abusive or manipulative activity, including wash trading, artificial volume, or multi-account abuse.