2025-07-17 21:03
Backpack is the next-generation cryptocurrency exchange and multi-chain wallet, founded in the United States in 2022. The exchange team is composed of former FTX members and Wall Street elites, with a compliance background that allows compliant withdrawals. Platform contract margin can earn interest income (currently at 6%). The platform plans to go public on the US stock market, and the VC and team will only receive equity. The platform token is expected to launch by the end of the year, with a large portion of the token supply being airdropped to users.
Event Dates:
July 17, 2025 – July 24, 2025
Eligible Users:
New users who registered on or after July 16, and inactive users who have not traded in the past 6 months.
Qualification Criteria:
① Deposit > 200 USDT (U) on Backpack
② Accumulated net profit from futures contracts > 20 USDT (U)
(At the end of the event, participants must still maintain a deposit of 200 USDT and accumulated net profit above 20 USDT.)
Rewards:
250 $ES (currently valued at 85 USDT)
Event Details:
A total of 4,000 winners will be selected, with the first 4,000 participants guaranteed to receive the reward. After the 4,000 slots are filled, additional winners will be randomly selected from the remaining qualified participants. Rewards will be distributed after the event ends.
According to platform leaderboard data (as of 7:00 PM on July 17), there are currently only around 4,500 users (including active users) across the entire platform who have achieved a profit of more than 20 USDT. This suggests that the number of available spots is sufficient. The estimated cost is 300 USDT, with a reward of 85 USDT, making it viable to hedge positions. Strongly recommended.
Download the Backpack App via the official website. Web version is also supported.
Registration Link: https://backpack.exchange/join/f1pluly3 (20% rebate available)
Apple users may need to use an overseas Apple ID to download the app, while Android users can directly download the APK or use Google Play.
A VPN is required during the registration process.
After registration, you need to complete the identity verification
1.On the homepage, locate the deposit button and choose to deposit USDC with more than 200 U (use one of the four chains listed below for lower fees).
2.Once the deposit is complete, go directly to the Futures Contracts section to trade. Adjust the leverage and margin as needed. Accumulated net profit must reach 20 U before the event ends.
(A hedging guide is provided below.)
3.You may enable the Auto-Lend feature to earn interest on your contract margin, currently at 6% annual interest.
This article is for informational purposes only and should not be considered investment advice. DYOR.
Avoid using multi-account control software or transferring funds between accounts, as this may be flagged by the platform as risky behavior. Any consequences resulting from such actions will be the sole responsibility of the user.
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