PANews reported on March 21 that Backpack exchange announced the official launch of its first points season, where users can earn points and improve their rankings through platform trading, with points rewards regularly distributed every Friday. The 475,000 users who previously participated in the pre-season and public beta stage have received their first batch of points incentives.
This points season uses multi-dimensional metrics to evaluate user behavior, including liquidity contribution, recommended trading volume, contract positions, total account asset value, and lending activity. The platform also uses algorithms to filter out abnormal trading data to ensure ranking fairness. Backpack stated that this season's activity will focus on rewarding genuine trading users. Previously, the platform achieved a total contract trading volume of $7.03 billion during its one-month contract testing period.