Liquid vs. Native Staking on Backpack: Which SOL Strategy Fits You?When it comes to staking your SOL on Backpack, you have two primary options: native staking and liquid staking. Each offers distinct advantages tailored to different user preferences and goals. 🔒 Native Staking: Secure and Straightforward Native s...Apr 9, 2025 · 2 min readsaintweb3.hashnode.dev
Enabling Margin on Backpack: A Simple GuideKey Takeaways Spot Margin Trading: Borrow funds based on your account value to boost buying or selling power. Cross-Margin System: All eligible assets in your account automatically serve as collateral. Simple Activation: Enable margin with just a ...Feb 25, 2025 · 2 min readsaintweb3.hashnode.dev
Backpack Exchange: Pioneering Interest-Bearing Perps for Smarter TradingBackpack Exchange is transforming how traders engage with financial markets by introducing Interest-Bearing Perps a revolutionary product that blends the power of perpetual futures with a yield-generating twist. Available exclusively on Backpack Exch...Feb 18, 2025 · 2 min readsaintweb3.hashnode.dev
Enabling Auto Lend on Backpack Exchange [1-min Read]Auto lend on Backpack Exchange allows you to automatically lend out your idle crypto assets to earn interest, providing a simple way to generate passive income without active trading. How to Enable Auto Lend To start lending your assets and earning i...Feb 10, 2025 · 1 min readsaintweb3.hashnode.dev
A Trader’s Guide to Understanding Unified Cross Margin Accounts on BackpackKey Takeaways Single Account for All Trading: Manage spot trades, margin positions, futures contracts, and borrow/lend activities from one unified wallet. Capital Efficiency: Use a variety of assets as collateral, maximizing your trading power with...Feb 4, 2025 · 3 min readsaintweb3.hashnode.dev