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Papertrade Trader Losses Reach $32.4 Million Two Days After Launch

The Defiant·October 12, 2026·1 min read
Papertrade Trader Losses Reach $32.4 Million Two Days After Launch

Papertrade trader losses hit $32.4 million two days after launch. The loss-funded venue booked more revenue than Pump.fun and Hyperliquid in the latest shared full-day data, while its house pool held about $4.27 million. The figures mark a rapid start for the platform, which launched just two days prior.

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