Within ten minutes of opening on October 10, 2026, Papertrade recorded $14.4 billion in notional trading volume, reaching over $300 billion in notional volume during its first day

From the articlePapertrade traders lose $18.6 million while stakers collect $12.57 million in rewardsAlso in Papertrade draws $3B in Bitcoin open interest as on-chain perps exchange launches, Papertrade shows $10.3 million in staker rewards shortly after launch