# Papertrade Revenue Falls 83% as Oct. 17 Trading Activity Cools

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/34247
Published: 2026-10-18T04:02:23.000Z
Updated: 2026-10-18T04:02:23.000Z
Section: Investing

> UTC-day trading volume was 90% below its Oct. 10 high of $564.23 billion, while trade counts and new accounts also fell.

Papertrade’s revenue fell 83% to $890,000 on Oct. 17, while trading volume, trade count and new-account totals for the UTC calendar day also fell from a day earlier.

Volume totaled $54.23 billion, down 43% from $96.52 billion on Oct. 16. It was about 90% below the $564.23 billion high recorded Oct. 10.

Papertrade logged 135,227 trades during the UTC calendar day, a 40% drop from 226,541 the day before. It added 622 accounts, down 53% from 1,322 on Oct. 16.

Revenue ranked seventh among protocols on Oct. 17. Papertrade had previously reached second place, ahead of Circle.