Paper Trading has recorded a cumulative notional trading volume exceeding $573 billion, with open interest positions reaching $3.3 billion.
According to official website data, the synthetic perpetual protocol Papertrade built on HyperEVM has recorded a cumulative notional trading volume exceeding $573 billion, open interest of $3.322 billion, and total margin for all existing positions standing at $20.29 million since its launch at 22:00 Beijing time yesterday. Papertrade is a fully on-chain synthetic perpetual trading platform deployed on HyperEVM. It sources prices from the mid-price of Hyperliquid order book’s Best Bid/Offer (BBO
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