Papertrade Tracks $137.1 Million in Balances and House Liquidity

Papertrade drew $3 billion in positions during its first hour after launch, while tracked trader balances and house liquidity totaled $137.1 million combined.

The position figure measures the value of trades opened on the platform. The $137.1 million figure reflects trader balances and house liquidity recorded during the first hour.

Papertrade recorded first-hour positions separately from the $137.1 million in trader balances and house liquidity.

Those balances and liquidity do not all represent funds available to pay winning trades. The figures therefore describe different parts of Papertrade’s activity: the scale of positions opened and the funds tracked on the platform.

The launch generated a large volume of positions relative to the balances and house liquidity recorded during the same period.