On August 22, Aptos’ native token APT was listed on Backpack, a cryptocurrency exchange regulated by the Dubai Virtual Asset Regulatory Authority (VARA). The listing enables APT spot trading on the platform and introduces a streamlined fiat on‑ramp via USDC through cross‑chain functionality.
Backpack supports the use of APT as collateral to access perpetual contracts and participate in platform incentive programmes to earn rewards, which can enhance capital efficiency and operational flexibility for market participants.
Utilising the Aptos Network’s low‑latency architecture, the exchange seeks to provide a fast, secure trading environment that reinforces the Aptos ecosystem’s market and DeFi infrastructure while avoiding speculative assertions.