TRX Spot and Perpetuals Listing Launches on Backpack Exchange
TRON DAO, the community-governed organization behind the TRON blockchain, has announced the listing of TRX spot trading and perpetual contracts on Backpack Exchange. The move adds market support for TRX, the native token of one of the most actively used blockchain ecosystems.
Backpack users in eligible jurisdictions can now trade TRX through both spot and perpetual markets on the exchange’s compliant platform. Backpack, which has processed over $400 billion in cumulative trading volume, serves users in more than 150 countries.
“With over 14 billion transactions processed and 3.5 million daily users, TRON demonstrates a blockchain engineered for high-volume, real-world activity,” said Sam Elfarra, Community Spokesperson for TRON DAO. “Bringing TRON to Backpack embeds that proven infrastructure into a regulated exchange, giving users worldwide a secure gateway to trade and manage digital assets.”
The listing positions TRX alongside Backpack’s existing markets, offering traders a straightforward path to gain exposure to TRON’s token without needing multiple platforms or custody solutions. TRON continues to expand the number of venues where users and institutions can access TRX, reinforcing its role as a settlement layer for digital assets.
TRON, launched in 2018, hosts over 395 million user accounts and has recorded more than 14 billion total transactions. It has over $27 billion in total value locked (TVL) and previously hosted the largest circulating supply of USDT stablecoin.