Backpack Onchain(@BackpackOnchain):Bringing traditional finance onchain takes fast, low-cost settlement and 1:1 redeemable assets. In @blockworksres's Sept 3–16 MU sample, measured all-in costs were: ▸ $1–$100 trades: Backpack Securities on @Solana: 0.12% vs Robinhood Chain: 5.42% ▸ $100–$1k trades: 1.6 bps vs 43.7 bps Measured against the MU stock midpoint, including embedded DEX fees and actual network charges. Solana for the network. Backpack Securities for 1:1 redeemable tokenized stocks.

Backpack Onchain

@BackpackOnchain

Securities, Markets, and DeFi. From wallet to rails. Powered by @Backpack

Joined November 2024

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Backpack Onchain@BackpackOnchain

2026.09.21 10:50

Bringing traditional finance onchain takes fast, low-cost settlement and 1:1 redeemable assets. In @blockworksres's Sept 3–16 MU sample, measured all-in costs were: ▸ $1–$100 trades: Backpack Securities on @Solana: 0.12% vs Robinhood Chain: 5.42% ▸ $100–$1k trades: 1.6 bps vs 43.7 bps Measured against the MU stock midpoint, including embedded DEX fees and actual network charges. Solana for the network. Backpack Securities for 1:1 redeemable tokenized stocks.