Ecosystem Spotlight: Backpack Exchange—Bringing Professional Trading to Aptos
With support for spot and perpetual trading, lending and borrowing, fiat on/off-ramps and daily proof of reserves, Backpack provides infrastructure that broadens the ways participants can interact with the Aptos ecosystem.
New Tools for Trading, Onboarding & Beyond
Recently, Backpack introduced support for APT—making it easier for users to access the Aptos ecosystem. The exchange complements on-chain DeFi protocols on Aptos while providing tools to users and developers in the ecosystem.
Backpack also unlocks a range of new use cases for users interacting with Aptos-native assets, such as:
1. Professional Trading Markets
Users can access spot and perpetual futures markets, purpose‑built for professional trading. Backed by a real‑time, verifiable proof of reserves, traders can deploy directional strategies, manage basis and funding or hedge portfolio risk.
2. Transparent Lending, Borrowing and Collateral
Backpack introduces lending markets, where APT holders can receive yield through its “Auto Lend” feature. This enables users to:
Earn yield by lending APT
Use 100% of their APT as collateral for perpetual trading
Track yield through features like “Portfolio APY” and “Rates Footer” in real-time
3. On/Off-Ramp with Global USD Access
Backpack’s fiat on/off-ramp lets users swap between USD and USDC on Aptos at 1:1 with zero fees, offering a cost-effective onboarding path into Aptos and its DeFi ecosystem. It’s a critical bridge between traditional finance and on-chain activity, especially useful for global users seeking access to the Aptos ecosystem.
4. Advanced Capital Efficiency
Backpack combines cross-collateral, cross-margin and yield-bearing collateral across spot, margin and perps—allowing Aptos ecosystem participants to simultaneously receive yield and deploy leveraged strategies.
5. Proof of Reserves and Transparent Accounting
Backpack is among the first exchanges to implement real-time, verifiable proof of reserves with third-party auditing by OtterSec. Users can independently verify exchange reserves via:
Daily updates covering all balances, open orders and real-time realized PnL
Advancing Aptos With Professional‑Grade Trading
Backpack’s integration marks a key step toward Aptos’ evolution from a high‑performance, Layer‑1 to the Global Trading Engine.
Backpack offers trading infra designed to support a variety of use cases on Aptos. By combining features like fiat on/off-ramps, yield opportunities and margining tools, Backpack is unlocking additional options for users to engage with assets on Aptos.
This communication is for informational purposes only and does not constitute financial, investment, legal, or tax advice. This communication does not constitute an offer, solicitation, or recommendation to buy, sell, or hold any digital asset or engage with any DeFi protocol or digital asset exchange. Engaging with digital asset exchanges involves significant risks and may not be appropriate for everyone. Always do your own research and carefully consider whether engaging with a digital asset exchange is suitable for your individual circumstances, risk tolerance, and experience level.