Bricklayer and Trader in Training @Backpack x Believer @MadLads
NFT / Art Collector and Merch Addict
@Solana is the future and @Monad what ETH could have been
Ok real talk, why am I so in love with @Backpack ?
Maximum user focus (see tokenomics)
Maximum capital efficiency:
πyield on collateral and PnL
πmargin from PnL
πcross margin (for prediction too)
Use my ref and enjoy 30% cashback on fees backpack.exchange/refer/madsβ¦
Fock it.
Rates are making headlines. Now they're easier to follow & trade.
Introducing the Rates dashboard on Backpack.
Monitor live yields, inflation, the debasement trade, and the events moving markets.
Explore Rates. Trade US Treasury ETFs β backpack.exchange/stocks/ratβ¦
π¨JUST IN: Tokenized $GRND stock on Solana has hit $31M in volume less than 24 hours after launch.
That is nearly 2x $GRNDβs ~$16.6M NYSE volume yesterday and already above its ~$25M average daily volume.
The $BP chart looks insane. Backpack trade is fundamental to the tokenised equities on solana & stonk memes. Paired with a meme of the protocol as well. Im comfy wearing my backpack
I spoke to a stock market maker this weekend. He was pretty surprised by what Backpack is doing with weekend trading and on-chain stocks.
We also talked about Nasdaq moving to 24/5 trading by the end of the year. Europe hasnβt even decided what direction it wants to take yet.
Fock it, send my shares to Backpack.
Stock perps are live. Real stocks as collateral are live. π
Starting today, you can:
β Trade 24/7 stock perpetuals
β Use real stocks as collateral, unlocking up to 50% of their value as additional buying power
β Earn yield on PnL
Combined with real stock trading already on Backpack, this creates something unique:
Real stocks + stock perps + real stocks as collateral β all in one unified account.
Starting with $MU, $SNDK, $SPY & $QQQ perps, with Micron and SanDisk shares available as collateral.
Hold your stocks. Put your capital to work. Trade more without selling.
Less idle capital. Better capital efficiency.
We're officially launching PlaySolana Origins on Web & Mobile (Seeker).
Going multi-platform means a bigger, more connected player pool from day one.
Start your journey nowβοΈ origins.playsolana.com/#play
JUST IN: Home Depot reports Q2 earnings.
βΈ Revenue: $47.9B vs. est. $47.27B β²
βΈ Adj. EPS: $4.92 vs. est. $4.73 β²
βΈ Comparable sales: +1.7% vs. est. +0.7% β²
$HD +1.97% pre-market