PaperTrade cumulative notional volume tops $770B since Oct. 10 launch, open interest down ~85% in 24 hours

Per PaperDash data, synthetic perps protocol PaperTrade on HyperEVM has surpassed $770 billion in cumulative notional trading volume since its Oct. 10 launch. Platform TVL is about $62.6 million, with open interest of roughly $510 million, down about 85% from $3.3 billion 24 hours earlier, and position margin of about $6.4 million, down from $20.29 million.

Detected & updated continuously · Source: Nebula