1 min read
Add as a preferred source on Google

Papertrade's Seven-Day Revenue Falls to $8.5 Million in Latest Ranking

The protocol ranked fifth, down from $13.38 million in an Oct. 23 seven-day tally. Its revenue measure includes trading, liquidation and liquidity-pool amounts.

Five metal columns cast long shadows across a warm studio surface / TokenPost.ai (mono)
Five metal columns cast long shadows across a warm studio surface / TokenPost.ai (mono)

Papertrade generated $8.5 million in protocol revenue over the seven days through Oct. 25, placing fifth in the ranking behind Tether, Circle, Pump.fun and Hyperliquid.

The latest tally is below the $13.38 million in a previous seven-day ranking. Both figures cover seven-day periods, with the earlier ranking published Oct. 23.

Daily revenue reached $7.49 million on a day in mid-October, then stood at $890,000 on Oct. 17. Trading volume was 90% below its Oct. 10 high. Leverage of up to 114x accompanied the earlier revenue surge.

Papertrade's revenue measure counts 2% of closed PnL and 2% of liquidation margin. It also includes balances above a $5 million liquidity-provider cap that are transferred to PAPER stakers.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…