BackPack Wallet: BP Token Debuts on Orca’s DEX, Opens New Crypto Trading Possibilities With DeFi ...

ORCA-1,06%

The BackPack Wallet, a self-custodial crypto wallet, today announced a strategic partnership with Orca, a user-friendly DEX platform built on Solana. With this collaboration, the BackPack Wallet leverages Orca’s DEX (decentralized exchange) infrastructure to provide a powerful combination of flexible, decentralized trading with cross-chain interoperability to advance user accessibility of its native crypto asset (BP)

BackPack is a recognized multi-chain wallet and cryptocurrency exchange that offers a self-custody solution. The innovative platform combines a wallet, centralized exchange, and application ecosystem within a unified, secure, user-friendly environment for seamless trading, managing, and holding various crypto assets.

Today, BackPack made a significant development in its crypto ecosystem by officially launching its native cryptocurrency (BP), marking a crucial achievement as it targets global adoption. According to the announcement shared today on the X social media, BackPack positions the BP token as an accelerator to user on-chain economic participation, aiming to unlock new global utilities on its crypto ecosystem.

NEW Pool: BP is live on Orca 🎒@Backpack’s native token for their all-in-one crypto app, is now on Solana.Allocate capital and deepen liquidity for more efficient swaps from day one. pic.twitter.com/JJSxMK4aBJ

— Orca 🌊 (@orca_so) March 23, 2026

BackPack Wallet Integrates Orca To Drive Liquidity

In the landscape of crypto finance, convenience and innovation are essential components sought by investors and traders. Today, the BackPack Wallet listed its native cryptocurrency (BP) on Orca’s DEX, introducing trading pairs that bring more opportunities and advantages for crypto investors. With the move, Backpack launched several strategic partnerships with various crypto platforms to improve the customer experience.

BP, the native token of Backpack, not only possesses trading value but also serves several financial functions within the BackPack ecosystem. Today, BP launches on Orca’s DEX, marking an important milestone and offering traders more opportunities.

Orca is a DEX platform and automated market maker that runs on top of the Solana blockchain, designed to make DeFi accessible through seamless swaps and liquidity provision. The platform is known for efficient trades and low fees. The debut of the BP token on the DEX further advances the new cryptocurrency’s market accessibility, offering people worldwide a more efficient approach to purchasing and trading BP tokens. This integration will substantially improve BP’s market position, enabling more people to participate in the BackPack ecosystem.

Building Cross-Chain Utility In DeFi

The partnership between BackPack and Orca paves the way for new decentralized applications on their cross-chain networks by combining customer-friendly DeFi functionalities with secure digital asset management features.

The BP token’s launch and its listing on multiple crypto networks today catapults Backpack’s ecosystem deeper into its vision to become crypto’s liquidity hub. Today, the BP token was integrated on multiple crypto platforms, including Solana, PancakeSwap, Birdeye, and Orca

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Dragonfly Receives 55.8M LIT Tokens From Lighter, Locked Until December 2026

Dragonfly received 55.8 million LIT tokens from Lighter, which will be locked for one year and vested over three years post-TGE, with the first unlock on December 30, 2026.

GateNews1h ago

Polygon Launches sPOL to Unlock $3.6B in Staked POL and Boost Staker Rewards

Polygon has launched sPOL, a liquid staking token, enabling greater liquidity for staked POL tokens. Audited for security, sPOL allows stakers to earn rewards while using assets in DeFi, with initial liquidity from the treasury and live pools on Uniswap V4.

GateNews4h ago

Polygon sPOL officially goes live, unlocking 3.6 billion POL to enable staking rewards

Polygon Labs launches its first native liquid staking token, sPOL, unlocking more than 3.6 billion POL tokens and allowing stakers to use sPOL to perform DeFi operations while earning rewards. With sPOL, stakers can achieve dual yield, and in conjunction with the PIP-85 proposal, for the first time, 50% of validator priority fees are allocated to delegators, strengthening the economic incentives for long-term token staking.

MarketWhisper9h ago

Circle issues an additional 750 million USDC, pushes for the institutionalization of KRW stablecoin structures in South Korea

Circle increased issuance by 750 million USDC in South Korea and held talks with major financial institutions, indicating its strategy in the stablecoin market. The South Korean stock market reacted strongly, and stablecoin concept stocks surged across the board. In addition, USDC’s utilization efficiency improved, showing that demand for institutional adoption is increasing; the outlook is optimistic for the future.

MarketWhisper9h ago

Can bypass Taiwan Financial Supervisory Commission (FSC) rules on buying crypto with credit cards be possible? OdinTech launches the Wallet Pro service for buying crypto with U.S. debit cards

OwlPay and Wallet Pro services launched by Odin Ding use stablecoin technology to enable B2B cross-border payments, and they partner with international payment giants to showcase their ambitions to expand in the fintech sector. By operating from overseas, Odin Ding bypasses Taiwan’s regulatory restrictions, offering fast virtual-asset trading. At the same time, in light of the newly issued Virtual Asset Services Act, it is expected to become a reference template for other foreign-funded companies entering the Taiwan market.

CryptoCity9h ago

Polygon Launches Native Liquid Staking Token sPOL, Unlocking 3.6B Staked POL

Polygon has launched sPOL, a liquid staking token for POL that increases yields for stakers and unlocks 3.6 billion staked POL. It facilitates DeFi engagement, allowing users to migrate existing stakes without penalties and accumulate rewards. Despite its benefits, sPOL carries associated risks.

GateNews10h ago
Comment
0/400
No comments