Papertrade Trader Losses Reach $32.4 Million Two Days After Launch
Papertrade had trader losses of $32.4 million two days after launch, and its house pool was about $4.27 million in the latest shared full-day data. In that same comparison, the venue generated more revenue than Pump.fun and Hyperliquid.
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Users and traders on Papertrade are the people most immediately affected, because the venue had already logged $32.4 million in trader losses two days after launch and the house pool was about $4.27 million in the shared full-day data. That is the current state described for the venue, not a forecast.
Compared with a simple launch with no further context, the venue is being tracked through a mix of trader losses, revenue comparisons, and the size of its house pool. What remains the same in the record is that the comparison is limited to the latest shared full-day data, which only places Papertrade above Pump.fun and Hyperliquid on revenue and does not add more operating details.
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Where this sits in the Hyperliquid series
| When | What happened | Figure |
|---|---|---|
| 11 days ago | HYPE a 94.99 $ high | today it sits -15.6 % from there |
| 1 days ago | HYPE a 77.95 $ low | today it sits +2.8 % from there |
From what we have stored, starting 22 days ago.