# Papertrade Plans Oct. 10 Trading Launch After HyperEVM Upgrade By Simon Yoon Canonical URL: https://www.tokenpost.com/news/technology/29471 Published: 2026-10-10T09:43:46.000Z Updated: 2026-10-10T09:43:46.000Z Section: Technology > Frontend trading is scheduled to begin at 10 a.m. ET, with deposits pausing 15 minutes earlier and users required to fund accounts before launch. Papertrade plans to activate frontend trading at 10 a.m. ET (14:00 UTC) on Oct. 10 after a HyperEVM network upgrade, moving the on-chain perpetuals platform from account preparation to live activity. Deposits will pause briefly at 9:45 a.m. ET. The platform expects heavier traffic during the initial launch, which may lengthen confirmation times for small nominal trades. Users must deposit funds before trading begins. The launch follows [Papertrade’s earlier deposit and account-creation rollout](), which allowed users to prepare their accounts ahead of the expected start. Papertrade will limit each atomic position to $10 million, while open-interest capacity will initially be set at $1 billion for each market and direction. Users can hold any number of positions within those parameters. The fee configuration will use an asymmetric profit curve with a base rate of 0.1, a rate multiplier of 15,000, a rate exponent of 1 and a reference notional of 100,000 × k, with k set at 1 million. A two-thirds multisignature wallet will administer the platform. Its powers include pausing new positions, freezing markets, changing parameters, upgrading contracts, adjusting open-interest capacity and modifying minimum margin requirements. Contract upgrades will remain subject to a seven-day timelock. Trading is scheduled to begin at 10 a.m. ET on Oct. 10, following completion of the HyperEVM upgrade. ## Links in this article - [Papertrade’s earlier deposit and account-creation rollout](https://www.tokenpost.com/news/technology/28352)