© 2026 Della Group. All Rights Reserved.
Okay, so most people screw up right at the start by dumping all their funds into the main account and jumping straight into trades without touching sub accounts. Boom. One bad position wipes everything. I did that once-lost like 20% on a SOL dip before I even knew what hit me. The right way? Create a sub account first. It's like your personal sandbox. Losses stay there, main funds safe. Why does this matter? Keeps you trading longer, not crying over one L.
Download the Backpack app or hit the web version at backpack.app. Super clean, built on Solana so fees are tiny-like ~0.000005 SOL per swap. Sign up with email or wallet connect. No heavy KYC for basics, but futures might ask later. In my experience, skipping KYC early lets you test spot without hassle.
Look, Backpack's not just an exchange-it's a wallet too. Connect your Backpack wallet directly. Click the menu top left, hit "Exchange." Boom, logged in. Or make a fresh account. Now, fund it.
What's next? Enable auto lend. Trust me. Head to Lend tab, hit settings, flip it on. Your idle USDC earns ~6-8% APY while you trade. Other exchanges? Nah, your collateral just sits dead. Here, it works for you.
Fees? Spot deposits free. Gas is pocket change. But withdraws? 0.3% taker fee max, drops with volume. Makers? Often 0%.
Common trap: Hitting market buy on a pump. Slippage eats you-especially volatiles like JUP/SOL. I usually set limit orders. Cheaper, precise.
Navigate to Spot. Pick pair-SOL/USDC is king. Chart's clean: candles, order book right there. Buy or Sell button glows. Enter amount. Say, 50 USDC worth.
| Order Type | When to Use | My Take |
|---|---|---|
| Market | Urgent entry/exit | Fast but slippage ~0.1-0.5%. Avoid pumps. |
| Limit | Specific price | Go to. Set 1% below, wait. Saves fees. |
| Post Only | Maker rebates | Ensures no taker fee. Green money. |
| IOC | Quick partial fill | Dump big bag fast. Rest cancels. |
Hit submit. Order shows in Open Orders tab. Filled? Check Fills History. Want out? Cancel anytime pre fill. Withdraw to wallet same way-Assets > Withdraw > Paste address. Confirm. Gone in 30 secs.
But here's the kicker: Spot margin. Borrow against holdings. Enable in settings. Leverage up to 10x on some pairs. Balance shows buying power. Say 100 USDC collateral = 500 buy power at 5x. Risky? Yeah. Liquidation if drops too far. Start 2x max.
Spot's chill. Futures? Adrenaline. Beta now, but smooth. Click Futures top menu. "Get Started" if new. Pairs like SOL PERP, BTC PERP. USDC settled.
Big mistake: Ignoring leverage slider. Newbies crank 50x, liquidate on a wick. I stick to 3-5x. Entry: Long if bullish, Short if bear. Market opens instant. Limit for better price.
Funding rates? Backpack's fair. Positive? Longs pay shorts. Check before entry. Borrow interest minimal thanks to auto lend.
Sound familiar? That rush when it moons. But close early if news hits. History tab replays everything.
Why one? Make five. Spot only. Futures experiments. Yield farm. Each isolated. One liqs? Others fine. Create: Assets > Sub accounts > Add. Name "FuturesAggro". Transfer funds internal-free, instant.
In my experience, this saved my ass during last crash. Main account chilling with stables, sub one testing 10x BTC short. Profit? Pulled to main. Loss? Contained.
Break it down. Spot taker: 0.1-0.3% based on tier. Volume >1M monthly? Drops to 0.02%. Futures similar, makers rebate up to -0.025%.
Auto lend: Enable everywhere. USDC yields 5-10%, SOL 2-5%. Collateral earns while leveraged. Basis trade? Spot buy SOL, futures short same amount. Collect funding neutral. Passive af.
Gas? Solana base ~0.000005 SOL/tx. ETH/BTC bridges via Wormhole, cheap too.
| Asset | Spot Fee (Taker) | Auto Lend APY (Avg) |
|---|---|---|
| USDC | 0.1% | 6.82% |
| SOL | 0.2% | 3-5% |
| BTC | 0.15% | 1-3% |
Basic limit? Boring. Scaled: Multiple limits ladder. Say buy SOL 100@99, 100@98, 100@97. Averages down.
TWAP: Big order slices over time. No slippage on whales. Conditional: Triggers on price hit. TP/SL combo.
Try scaled for ranges. I use on pumps: Sell chunks up 2%, 4%, 6%. Locks gains smooth.
Cancel all with one button. Lifesaver.
Trading's war. 1-2% portfolio per trade. Never more. FOMO? Wait for confirmation-RSI <30 buy, >70 sell. MACD crossovers solid too.
Liquidation? Futures watches margin ratio. Below 100%? Auto close. Spot margin similar. Monitor Balances tab.
Issues? Deposit stuck? Chain congestion-wait or retry. Order not filling? Post only + thin book. Fix: Switch IOC.
Honestly, Backpack's routing engine auto optimizes. Titan integration for best Solana swaps. Self custody vibes-no CEX hacks.
Morning: Check positions. Auto PnL updated. Lend yields overnight?
Trade: Spot for holds, futures scalps. Sub account per strat.
Evening: Review fills. Withdraw profits to wallet. Sleep easy.
Pro tip: Volume farms airdrops. Buy/sell loops on low fee pairs. But don't spam-real trades.
Spot margin amps spot. Enable per sub account. Borrow USDC against SOL. Buy more SOL. Loop? Careful, liquidation cascade.
Example: 100 SOL collateral. Borrow 200 USDC at 5x. Buy 2 SOL more. If SOL 2x? Massive win. But drop 20%? Margin call.
Auto lend offsets borrow rates. Net positive often. Check Borrow tab live rates.
© 2026 Della Group. All Rights Reserved.