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Backpack Exchange upgrades SOL asset lending service, lending SOL can enjoy up to 12.24% APY
2025-05-08 15:51

Odaily News According to official news, Backpack Exchange announced the upgrade of SOL asset lending service. Users can now obtain an annualized rate of return of up to 12.24% by lending SOL tokens, integrating lending, staking and perpetual contract staking functions. This rate of return is not based on subsidies, but is composed of real staking income and lending income. Users only need to deposit SOL and turn on the auto-lend function to participate, without additional operations.