# papertrade's Top Three Addresses Each Exceed $10 Billion in Volume By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/33391 Published: 2026-10-16T17:45:20.000Z Updated: 2026-10-16T17:45:20.000Z Section: Investing > All three crossed the threshold in fewer than six days after papertrade began loss mining on Oct. 10. The top three addresses on papertrade each surpassed $10 billion in trading volume in fewer than six days after loss mining began Oct. 10. Together, they recorded $2.69 million in trading losses and received PAPER tokens. Address 0x75e led with $11.6 billion in volume and $780,000 in losses, earning 46 million PAPER. Address 0x6f2 followed with $10.3 billion in volume and $930,000 in losses, earning 85 million PAPER. Address 0x35b had $10.1 billion in volume and $980,000 in losses, earning 252 million PAPER. The listed acquisition cost per PAPER was $0.017 for 0x75e, $0.011 for 0x6f2 and $0.0039 for 0x35b. Those figures exclude PAPER dividend income, which would reduce the effective costs. papertrade’s [loss-funded reward model]() links token issuance to traders’ losses. The volume figures measure trading activity, while the losses and token rewards show how the program played out for these three addresses. ## Links in this article - [loss-funded reward model](https://www.tokenpost.com/news/investing/32795)