Backpack Adds 14 Stocks and ETFs as Collateral Assets

Backpack is expanding Equity Collateral. All stocks and ETFs with corresponding perp markets can now be used as collateral within Backpack's unified, cross-asset portfolio margin.

This brings the total number of supported collateral assets to 17.

Real equities as collateral: Use your stock and ETF holdings as collateral across Backpack's unified portfolio margin.
One portfolio, more possibilities: Borrow USD, trade futures, or trade spot on margin without selling your positions.
Supported Collateral Assets
Newly added ‍

SPY, QQQ, NVDA, AAPL, HOOD, CRCL, TSLA, DRAM, GOOGL, META, INTC, AMZN, AMD, SKHY‍

Already available ‍

MU, SNDK, SPCX