Papertrade Plans 1000x Leverage Launch After $85.3m Deposits

Papertrade plans 1000x leverage launch after $85.3m deposits

Papertrade has scheduled its HyperEVM perpetuals exchange to begin trading on Oct. 10 with up to 1000x leverage, after DefiLlama tracked about $85.3 million in deposits ahead of the opening. Papertrade said its website would open trading at 10 a.m.…

Papertrade Sets 1000x Perps Launch With $85 Million Deposited

Trading is scheduled for 10 a.m. ET on Oct. 10. User deposits are separate from the house-side pool, which starts at zero and grows from traders’ losses.

Papertrade Opens Deposits Ahead of Expected Oct. 10 Trading Launch

The HyperEVM-based platform will initially route trades through its website interface and whitelisted relays as it prepares for launch.