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BlockBeats cited DefiLlama and Papertrade data stating that Papertrade October 17 revenue, trading volume, transaction count, and new accounts all declined from the previous day.
An article published by the PANews channel stated that Papertrade days after the protocol launched 7 days of revenue 57160000 USD, and said that it 92%distributes revenue to stakers. The article described its mechanism as a redistribution of liquidation losses.
BlockBeats reported that Papertrade launched 6 days ago, with cumulative revenue reaching 42240000 USD，PAPER stakers received 41580000 USD, approximately accounting for 98.46%。
According to DefiLlama data,Papertrade over the past 7 days, revenue reached 36310000 USD, ranking third in revenue among all protocols, above Pump.fun and Hyperliquid.
BlockBeats, citing Lookonchain, said that a trader Papertrade cumulative notional trading volume 2840000000 USD, with trading losses of 1710000 USD; after accounting for PAPER tokens and USDC in staking rewards, the net loss was 637000 USD。
Papertrade The published data showed that its 24 hourly revenue reached 6010000 USD, with daily trading volume reaching 910000000000 USD, while liquidation trading volume was 28400000000 USD。
Citing DefiLlama data, BlockBeats stated that Papertrade over the past 24 hours, revenue reached 4020000 USD, ranking third in revenue among all protocols, above Pump and Hyperliquid.
BlockBeats, citing Lookonchain, reported that a trader on Papertrade completed 1012 trades, with cumulative trading volume of 10100000000 USD, incurring trading losses of 979000 USD and ultimately netting a profit of PAPER through USDC and staking rewards 17800 USD。
Citing official website data, BlockBeats stated that Papertrade after approximately 36 hours of operation, open interest,TVL and margin for existing positions all declined significantly.
Citing official website data, BlockBeats stated that Papertrade approximately 24 hours after launch, open interest fell to 1300000000 USD, a decrease of approximately 12 from 3300000000 USD hours earlier; margin decreased by approximately 60%over the same period. 30%。
BlockBeats, citing TradingBeats monitoring, reported that an address on Papertrade completed 1000 settled positions using 1,058 x leverage, with historical trading losses of approximately 933200 USD, and currently has no open positions.
According to TradingBeats monitoring,Papertrade after trading opened, approximately 73%of addresses that opened positions used 1000 x leverage, with related positions recording cumulative liquidation-margin losses of approximately 20077100 USD。