According to Foresight News, Backpack has announced the launch of the Aptos native token APT. Users can now participate in spot trading of APT on Backpack, and deposit USDC through cross-chain functionality and bridging. Additionally, APT holders can also use APT as collateral on Backpack to participate in perpetual contracts and earn yields, further enhancing the flexibility and efficiency of capital utilization.

Backpack is a compliant cryptocurrency trading platform licensed by the Dubai Virtual Assets Regulatory Authority (VARA).