Papertrade responds to allegations of price manipulation and protocol vulnerabilities: The issue arises from loose position limits during its initial launch phase, and parameters have already begun to be tightened.

Papertrade’s official response to allegations of price manipulation exploits and critical protocol vulnerabilities states that it has never been feasible to grant equal priority to small and large orders. Doing so would lead to front-end congestion from spam transactions—a far worse outcome than the current queuing mechanism. Against these constraints, the team has designed the fair launch to be as inclusive as possible. Last night’s manipulation attempt targeting the BTC/ETH pair on Hyperliquid

@tonmelonfest