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I guess you’re probably asking with regards to the token so also worth mentioning - we are allowing active stakes to convert tokens into equity in the company (totally optional and mainly a protection mechanism) - we’re building an IPO product where you will be able to buy real equity shares of companies at IPO before they hit national stock exchanges—Backpack will be a stop on the “roadshow” when companies go public - as part of staking the token, we will be offering an IPO purchase allocation to all token holders so they don’t have to choose between tokens and equities

@armaniferrante @Doonhamer_ @Backpack @HyperliquidX I'm still waiting for your announcement today.

@armaniferrante @Doonhamer_ @Backpack @HyperliquidX Exactly, idk why people want to compare with HL

I don't think they're competitive at all. DEXs will take over the unregulated offshore market, while regulated CEXs will compete with TradeFi. Different market segments. But note a few differences in the products: Today - Unlimited zero-fee in/out ramps directly from USD banks around the world - Portfolio margining using spot, spot margin, lending, and perps in a single sub-account Lending itself is used as collateral, so you can do things like lend out Sol, earn 7% and use it as collateral for your criminal activities, or withdraw USD to use IRL - Larger collection of USDC and USDT chain integrations - Many on-chain self-custody wallets - All exchanges between wallets and exchanges are zero-fee - All bridges on wallets are zero-fee If you don't like self-custody For security, we have guardians If you care about security, we offer password, 2FA, and withdrawal time lockouts for your account, configurable and optional - Native mobile app with all of these Future (next 1-3 months) - Real-world direct card issuance from your account - Real brokerage accounts for real stocks, not just for criminals - Prediction market cross-margining and cross-collateralization (already in production, invite-only beta) More local bank support as we acquire more licenses (currently working in Japan and Europe) Savings accounts with local yields and no margin risk And much more, but you get the idea. We support Super Liquid in wallets and exchanges. Give it a try!

@armaniferrante @Doonhamer_ @Backpack @HyperliquidX 🍾🫡

@armaniferrante @Doonhamer_ @Backpack @HyperliquidX @DecibelTrade looking good here

@armaniferrante @Doonhamer_ @Backpack @HyperliquidX when AED support?

@armaniferrante @migvy_ @Doonhamer_ @Backpack @HyperliquidX Casual dunk. It’s about time Backpack takes credit for its achievements.

@armaniferrante @Doonhamer_ @Backpack @HyperliquidX Transparency kinda killed the decentra narrative.

@armaniferrante @Doonhamer_ @Backpack @HyperliquidX Boss he said one reason. Don t mess his head please, with 15 or so..Fock it ,one readon.

@armaniferrante @Doonhamer_ @Backpack @HyperliquidX you killed him with 15 bullets. mercy, please.

@armaniferrante @SolanaLegend @Doonhamer_ @Backpack @HyperliquidX 👑 x.com/llSANDMANll/status/20325…

@armaniferrante @SolanaLegend @Doonhamer_ @Backpack @HyperliquidX fuck that noise too much work just give me the keys

@armaniferrante @Doonhamer_ @Backpack @HyperliquidX Whats stopping you from not doing kyb? Whats the difference between you and most of the dexes in the space? They all rely on 1 API anyway.

@armaniferrante @Doonhamer_ @Backpack @HyperliquidX Study Armani

@armaniferrante @Doonhamer_ @Backpack @HyperliquidX That’s true although this are different market segments