Papertrade Trader Losses Hit $32.4 Million Within Two Days of Launch
Papertrade traders lost $32.4 million within two days of launch, while the venue’s revenue exceeded Pump.fun and Hyperliquid in the latest comparable full-day figures.
Trader losses on Papertrade reached $32.4 million within two days of the platform’s launch, according to The Defiant.
The venue, which is funded by trader losses, recorded higher revenue than both Pump.fun and Hyperliquid in the latest full-day figures available for comparison.
Papertrade’s house pool held approximately $4.27 million. That balance is separate from the reported total of trader losses.
Source: The Defiant
