𝕏xSE first seen 1 d ago, last 1 d ago, peak #33
Papertrade Launches High-Leverage Perpetuals on Hyperliquid
Original: Papertrade Launches High-Leverage Perpetuals on Hyperliquid with $100M Pre-Deposits
Trading platform Papertrade has launched high-leverage perpetual futures on Hyperliquid, reporting $100 million in pre-deposits ahead of the rollout. The launch points to continued rapid growth in leveraged perpetuals trading on decentralized exchanges. Traders are discussing the product's leverage terms and the sizable pre-deposit figure, while others weigh the risks that high leverage poses to retail participants.
Why now: The large pre-deposit total and ongoing boom in perpetuals trading on Hyperliquid are drawing attention to the new launch.
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