Defi
Papertrade Perp DEX Pulls in $118M in 24 Hours With 1,000x Leverage
Bitcoin.com News·October 10, 2026·1 min read
Papertrade.xyz, a new perpetual DEX built on Hyperliquid, attracted $118 million in deposits within 24 hours by offering up to 1,000x leverage. The platform has become a hot topic in the crypto community, drawing traders with its extreme leverage proposition. The rapid inflow highlights demand for high-risk trading venues.
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