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Backpack Exchange upgrades SOL asset lending services, lending SOL can enjoy up to 12.24% APY.
Odaily News According to official news, Backpack Exchange announced an upgrade to its SOL asset lending service, allowing users to lend SOL tokens to earn an Annual Percentage Rate of up to 12.24%. This service integrates lending, staking, and perpetual futures collateral functions. This yield is not reliant on subsidies but is composed of real staking returns and lending returns. Users only need to deposit SOL and enable the Auto-lend feature to participate, with no additional operations required.