Key Highlights: Papertrade is adjusting its token rollout and issuance model due to risks posed by external PAPER short positions against its liquidity pool bankroll. Third-party platforms Aster and MNX have already introduced pre-launch perpetuals and pre-market futures for PAPER, offering up to 3x leverage despite ongoing transfer restrictions. A planned contract upgrade will dilute ...
Key Highlights: Industry observers flagged an alleged oracle manipulation strategy on Papertrade involving offsetting positions on Hyperliquid. Papertrade metrics showed a positive pool balance, a $3.14 million LP balance on PaperDash, and zero queued payouts at the time of monitoring. Protocol administrator @izebel_eth clarified that customer collateral is kept distinct from the liquidity pool, meaning ...
Key Highlights Papertrade launched frontend trading following a HyperEVM network upgrade, offering users leverage of up to 1,000x on synthetic BTC and ETH positions. Trading runs against a unified house liquidity pool holding about $5.01 million, where stakers earn surplus capital and protocol fees above a $5 million threshold funded by trader losses. PAPER token ...