r/Backpack_official

I compared the true cost of trading on Backpack vs Kraken vs Hyperliquid vs OKX and the difference is massive
▲ 7 r/Backpack_official+2 crossposts

I compared the true cost of trading on Backpack vs Kraken vs Hyperliquid vs OKX and the difference is massive

Retail trader profile — $10K collateral, $500K monthly volume.

Kraken costs you $190 a year. Backpack earns you $223. that’s a $413 swing.

active trader profile — $50K collateral, $2.5M monthly volume.

Kraken costs $825. Backpack earns $1,315. that’s a $2,140 difference.

the gap comes from yield on collateral covering fees and then some.

Kraken pays zero yield on collateral so you’re just bleeding fees. what exchange are you currently on?

u/CarefulCan7134 — 2 days ago
▲ 8 r/Backpack_official+2 crossposts

Backpack is the only crypto exchange invited to the DTCC tokenization working group. the other members are JPMorgan, BlackRock, Goldman Sachs and Morgan Stanley

let that sink in. not Binance. not Coinbase. not Kraken. Backpack. sitting at the same table as the biggest names in traditional finance to shape how tokenized stocks get built. this is why the stocks and IPO features aren’t just a roadmap item. the infrastructure is literally being built around Backpack right now. anyone else think this is the most underrated news in crypto this year?

reddit.com
u/No-Jellyfish2384 — 5 days ago
▲ 11 r/Backpack_official+3 crossposts

What Is Pay.sh? Solana and AI Agent Payments Explained

Pay.sh is a pay-as-you-go API payment gateway introduced by Solana Foundation and Google Cloud that lets AI agents pay for API access using stablecoins on Solana. Instead of creating accounts, subscriptions, and API keys, agents can discover services, review pricing, approve wallet payments, and access APIs through HTTP 402 payment flows. The project highlights a growing machine-to-machine payment model where AI agents can autonomously access data, tools, and services using blockchain infrastructure.

Read more:
https://learn.backpack.exchange/articles/what-is-pay-sh-solana-and-ai-agent-payments

u/CarefulCan7134 — 6 days ago
▲ 10 r/Backpack_official+2 crossposts

Sui Ecosystem Projects: The Complete Guide to What’s Built on Sui

The Sui ecosystem includes a growing range of DeFi protocols, NFT platforms, infrastructure tools, and GameFi applications built on the Sui blockchain. Key projects include Cetus for trading liquidity, NAVI and Scallop for lending, DeepBook for onchain order books, and SuiNS for wallet naming services. Powered by parallel transaction execution and the Move programming language, Sui focuses on fast transactions, scalable applications, and easier onboarding features like zkLogin, helping position it as one of the major next generation Layer 1 ecosystems alongside Solana.

Read more:
https://learn.backpack.exchange/articles/sui-ecosystem-projects

u/CarefulCan7134 — 12 days ago