TRON (TRX) is now available for spot trading and perpetual contracts on Backpack Exchange, a platform registered in Dubai and founded by former FTX and Alameda Research employees. The announcement was made on July 29 by TRON DAO, with the token trading between $0.32 and $0.33 at the time. The TRON network, founded by Justin Sun in 2017, processes billions of dollars in daily transfer volume, primarily through stablecoin transfers, particularly USDT. Backpack Exchange launched its native BP token in March 2026 with a total supply of 1 billion tokens, of which 25% were distributed via airdrop.
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