Trade & Share: Earn Your Share of $50,000 in Rewards

Backpack is running a two-week trading campaign where active traders earn a share of a $50,000 prize pool, distributed proportionally based on eligible trading volume.

The more you trade, the larger your share.

Campaign period: April 16, 12:00 AM UTC – April 29, 11:59 PM UTC

How It Works

The prize pool is split proportionally among all eligible participants based on how much of the total eligible trading volume they contributed.

Your reward = (Your Eligible Volume ÷ Total Eligible Volume) × $50,000

Every dollar of eligible volume counts toward your share.

How to Participate

1. Opt in to the campaign quest at Trade & Share $50,000 Rewards
2. Trade across any eligible spot and perpetual markets
3. Reach $10,000 in eligible volume to unlock your rewards
4. Keep trading, your share grows with every additional dollar of volume

If you've opted in on any device (desktop or app), your participation is confirmed across all devices. You don't need to opt in again.

0-fee and API trades (e.g. USDT/USD pairs, 0-fee maker trades) will be reflected in the tracker, but will not be counted toward reward calculations.

Built for Capital Efficiency

On most exchanges, capital sits in one place at a time. You trade, or you earn, or you hold collateral. Backpack's unified account removes that tradeoff.

While you build trading volume during the campaign:

• Your USD earns yield automatically with Auto-Lend enabled, at a base rate of 4.03% APY, up to 7.03% APY for VIP 5, while remaining fully usable as trading collateral. For more details: Earn Yield on USD While Trading on Backpack
• Unrealised PnL from open positions also counts toward your usable margin and earns yield, keeping more capital active at all times
• No fund transfers between accounts, no lockups, no opportunity cost

Every dollar in your account works across multiple functions at the same time.

Rewards and Payout

• Rewards are denominated in USD
• Payouts will be credited within a few days after the campaign ends on April 29, 11:59 PM UTC
• Minimum eligible volume to qualify: $10,000 across spot and perpetual markets

Get Started

Opt in now at the Quest and start building your volume. The campaign is already live and every trade from April 16 onward counts.

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Disclaimer: Rewards are calculated based on eligible trading volume only. 0-fee volume (e.g. USDT/USD pairs, 0-fee maker trades) and API trades are excluded from reward calculations but will be reflected in the volume tracker. Actual rewards depend on your eligible trading volume relative to total eligible volume during the campaign period. USD rewards will be credited within a few days after the campaign ends. Terms, exclusions, and eligibility requirements apply, and Backpack may update campaign parameters if needed.