Blockchain
Papertrade Sets 1000x Perps Launch With $85 Million Deposited
Publication: The Defiant
Author: The Defiant Team
Source published: 10/10/2026, 09:44:06 UTC
Briefing created: 19/10/2026, 02:06:31 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 10/10/2026, 09:57:25 UTC.
Briefings
Papertrade launched its 1000x perpetual futures trading with an initial $85 million deposited from traders. The event occurred on October 10, 2026, at 10 a.m. ET, with user deposits distinct from the house-side pool which begins at zero and accumulates from losses. The launch marks a significant expansion of the platform's trading capabilities.
Key points
- Papertrade launched 1000x perpetual futures trading with $85 million deposited from traders on October 10, 2026.
- User deposits are separate from the house-side pool, which starts at zero and grows from traders' losses.
Context
Papertrade is a trading platform that allows users to simulate trading strategies without risking real capital. This launch represents a major milestone in its growth, enabling more sophisticated trading tools for its community.
Limitations
Evidence is limited to the launch date and initial deposit amount. No specific trader numbers, performance metrics, or future growth projections are provided in the source.
Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 19/10/2026, 02:06:31 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.
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