Wallet 0x2025...840e netted approximately $1.28 million in profit on $3.18 billion in trading volume within hours of Papertrade's launch on HyperEVM on October 10, 2026

Futures, options, and perpetual swaps tied to digital-asset prices, letting traders hedge or lever positions and often dwarfing spot volumes.

Papertrade launched on HyperEVM with up to 1,000x leverage on October 10, 2026, followed by reports of launch-day price manipulation. The team said it tightened open-interest caps as launch congestion eased.