Backpack CEO Armani Ferrante announced on the X platform that Backpack has officially launched its entry into the prediction market with its Unified Prediction Portfolio, and has begun a private, invitation-only testing phase. This product employs cross-margin and cross-collateral mechanisms, unifying spot trading, spot margin, lending, perpetual contracts, prediction markets, and crypto and fiat assets into a single sub-account, addressing the issues of long-term capital lock-up and high opportunity costs in prediction markets. Ferrante stated that this is not a simple wrapper around existing prediction market platforms, but a completely new system natively built by Backpack, supporting prediction trading, hedging, and various advanced order operations within a single margin account. The current testing phase will focus on validating the risk engine and basic functionality, with plans to gradually expand functionality, market size, and user base in the future.