Topher 🎒

@armaniferrante @bxqee Big bricks 🧱

It's been almost 3 months since the BP TGE, and it feels like a lifetime. It's been over 3 years since we started the exchange, and it feels like a lifetime. From the beginning, we've taken a different path from just about every new entrant this cycle. It's been a long path. It's been a hard path. But it's the path we needed to take to build a modern financial institution for the future of money. With every day that passes, we inch a little bit closer. It's not just about crypto. It's not just about stocks. It's not just about trading. It's not just about perps. It's about doing the hard things in the real world that few are willing to do to, and for which there is no short cut. It's only when you do those things can you genuinely merge the crypto economy with the traditional economy--not just in one country, but for the entire world. It's easy to say. It's hard to do. It takes years, decades, to make any progress. Heck, we moved to Japan over three years ago so that we could get a bank account and legally serve the market. But we are happy to build this business not in one cycle, because we will build it over a lifetime. As we rollout Backpack Securities, we begin a multi-month release cycle of hitting milestones that have been years in the making, and we couldn't be more excited to share them with the world. Today, Backpack is your brokerage, your exchange, and your wallet. It's the result of a global team pouring their hearts into the product, through the good, through the bad, and never yielding. Every day, we push forward. Brick by brick, and I hope you love this brick as much as I do. 🧱

Public Beta is live. Trade real US stocks and ETFs alongside crypto, perps, and yield, all within one account. Real ownership under New York law. Cash dividends, brokerage transfers, and corporate actions rolling out during Public Beta. 24/5. Instant execution. Traditional market liquidity. No fees in June: backpack.exchange/stocks

A new era hits the WSOP felt. June 10th.

@redacted_noah 🎒🎒

The most interesting piece of Drift protocol, that nobody else is doing, is that you earn yield on collateral while trading perps. Degens swinging +/- 25% in a day don't care about this feature, but professional traders running long-term strategies do. Capital efficiency wins.

@MadLads Fock it.

Old Money they said. We say Fock it...

Old Money they said. We say Fock it @Backpack @MadLads

We are LADS. And Lads are MAD.

Are your tokenized stocks giving you the real thing? On/off-ramp securities between traditional brokers and @solana. Soon.

As a buidler by nature, the @MadLads community and project pushed me out of my comfort zone more times than I can count. They tested me. This is my passion, my joy, and my legacy. Today we shipped V1 of Mad Quants™️ - and am proud to say it’s one of a kind. A real-time TA Market Lens connected directly with @Backpack live data, giving you clean quant-style market analysis without needing to be a terminal gremlin. So what's the utility of being part of MAD Crew? Usually, this type of info is paywalled, overcomplicated, and still not accurate enough. But for our holders? We are doing it for free. So they can learn, use it, and enjoy. If you have imagination and a community behind you, anything is possible. Fock it. Ship it. Send it.

Real US Stocks. No Fees. Throughout June. Private beta ongoing. Public next week. Invite-only: backpack.exchange/stocks

For the first time, you can on/off-ramp stocks between traditional brokerage and Solana

@Backpack @daniel4lmeida_ As Toly would say 🚢🚢🚢

@armaniferrante @Madbenny @Backpack Do it

Any $ORE holders use @Backpack?

Perpetuals are one of the most important financial primitives in crypto. Solana makes it viable to run them fully onchain, without sacrificing the performance real participants and institutions require. We want to support teams building onchain 👇

With the CFTC putting the full force of law behind regulated perps, with the SEC bringing securities onchain, with SpaceX, the biggest IPO in history, about to pop, a new era of crypto is forming. Until now, crypto has operated as a parallel financial system. Segregated assets, segregated markets, segregated users, and segregated products. We went from the ICO craze, to DeFi summer, to the proliferation of L1s, Ethereum Killers, L2s and the like, to the NFT boom, the memecoin mania, the perp DEX craze, and the rise of DATs. As crazy as it once sounded, today, the old financial system is merging with the new one. And what follows is the next evolution in global market structure that will forever change the landscape for securities around the world. It’s not about one blockchain or one token vs another. It’s about crypto making the leap into Modern Finance to grow the industry 100x alongside the largest pools of capital in the world. Finally, it’s time for the old guard to meet the new. So what’s next? The dawn of the crypto native stock broker.

MSTHDA(FTFT): make SOL $300 again (for the first time) discuss github.com/solana-foundat…

We just had the first successful Alpenswitch on our Alpenglow community cluster! The @solana finalization time improved 100x. Thanks to everybody participating. Watch it live: ag.validblocks.com …ommunity-status.stakingfacilities.com

America is back again

1/ PropAMMs and the Next Chapter of Permissionless Market Structure For years, onchain trading won on access, lost on execution. Some feel better performance requires moving backwards to centralized systems PropAMMs on @solana are proving permissionless can outcompete centralized