深潮TechFlow|Oct 16, 2026 09:50
[Papertrade Top Three Trading Volumes Exceed $10 Billion, Third Place Achieves Token Cost of Only $0.0039]
Deep Tide TechFlow reports that on October 16, according to on-chain analyst Ember (@EmberCN), the on-chain perpetual contract platform Papertrade (@papertrade_xyz) has been engaging in loss mining since October 10, lasting less than six days so far. The top three users with the highest trading volumes on the platform have all exceeded $10 billion in trading volume:
First place: Trading volume of $11.6 billion, trading loss of $780,000, mined 46 million PAPER tokens, token cost $0.017;
Second place: Trading volume of $10.3 billion, trading loss of $930,000, mined 85 million PAPER tokens, token cost $0.011;
Third place: Trading volume of $10.1 billion, trading loss of $980,000, mined 252 million PAPER tokens, token cost $0.0039.
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