Crypto Kit
Crypto Kit
1d ago
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🔄 Big update from BACKPACK A huge multi-part post just dropped in their Discord. Here’s the juiciest part 👇 - The main misunderstanding among users - @Backpack is not a DEX. It’s a full-fledged CEX, which is way harder and more ambitious to build. - They’re developing an internal liquidity base (something like a Vault system used in other perp DEXs). - Built-in grid bots are coming - you’ll be able to test different trading strategies. - Premarket futures trading incoming. - External proof-of-reserves auditors will be added soon. - New regions expansion - Japan and the US are next. - Cards?! Yes please, I want a BACKPACK card. 💳 - Launchpools and new token launches – maybe IDO on Backpack? 👀 - Stocks integration - real ones, not wrappers. Not my thing, but definitely a big move. - Reminder: Season 4 is the last one. Overall, not too much new info, but the direction is clear - they’re thinking big. It’s one thing to say you’re building a DEX, and another to aim for a regulated financial powerhouse. Don’t wanna overhype more, but the project’s high-level execution and user underestimation are obvious. Read the full post on Discord 👇 Keep working. 💼🔥 All you need to know about project here
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