Backpack has launched a new season of its points program, starting on March 20, 2025, which will run for ten weeks. Users can earn points based on their trading activity, with their accumulated points determining their rank from Copper to Challenger. The program will distribute points weekly on Fridays, and the criteria for earning points will be updated regularly. Additionally, Backpack has reportedly raised $37 million in funding, which is linked to the introduction of platform tokens. Users are encouraged to complete KYC verification to participate fully in the program and earn points through various activities such as spot trading, contracts, lending, and deposits. The initiative aims to enhance user engagement and incentivize trading on the platform.