Backpack Adds U.S. Stock Collateral Support and New Perpetual Futures

Backpack now allows users to use Micron (MU) and SanDisk (SNDK) stocks as collateral within their unified margin accounts. These assets can be used for USD borrowing, perpetual futures trading, and spot margin. Additionally, Backpack has launched perpetual futures contracts for MU, SNDK, SPY, and QQQ.