Up to 4% cashback + 6% yield · The stablecoin neobank, now open to allGet Plasma One

Papertrade - Protocol Analytics

Explore Papertrade, a Protocol with $45.19M in total value locked (TVL). Get real-time metrics, charts, and insights. Data from DefiLlama.

Papertrade

protocol

Website @papertrade_xyz

TVL

$45.19M

-18.91% from yesterday

-31.27% from last week

Volume (24h)

0.05% TVL dominance

Fees (24h)

$798.8K

$25.47M 7d fees

$61.78M 30d fees

Revenue (24h)

$797.8K

$25.47M 7d revenue

$61.78M 30d revenue

About Papertrade

No token yet, airdrop possible

Papertrade is a fair-launched, fully on-chain perpetuals trading protocol built on Hyperliquid's HyperEVM, offering up to 1000x leverage with zero slippage, no spread and no funding costs. The protocol uses Hyperliquid's BBO mid-price as an oracle to execute synthetic trades directly against a self-bootstrapping liquidity pool, without an orderbook or matching engine. Papertrade introduces asymmetric profit fees, an automated payout queue and the PAPER token, which is minted from realized trading losses and can be staked to earn USDC rewards. PAPER launched without pre-mine, team allocation or VC allocation.