TechFlow news, May 29 — Backpack has launched an additional trading round. The event officially began at 8:00 AM Beijing time on May 29, 2025. Participants can join the trading activity to share in the prize pool.
The prize pool on the first day of the event is $50,000, increasing to $60,000 on the second day, and so on until the total prize pool reaches $100,000. Rewards are settled daily.
The event prize pool is split into two parts: half will be distributed proportionally based on contract PnL (profit and loss) to the top 500 traders, and the other half will be allocated based on trading volume to the top 1,000 traders. Spot trading volume carries a 2x weighting compared to contract trading volume. Users can visit the Backpack official website for more details about the event.
