papertrade_xyz FLIPS Pumpfun AND HyperliquidX IN 24H REVENUEPapertrade is a Hyperliquid-based synthetic perps platform that incentivizes users to lose money. This incentive, coupled with 1000x perps offering has pushed total trader losses to $30m+ within two days.The platform, which launched on the anniversary of 10/10/2025, reported Open Interest above $10 billion on roughly $45M in margin shortly after launch. Open Interest has since cratered to ~$400M, with margin backing positions falling to ~$5M.

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papertrade_xyz FLIPS Pumpfun AND HyperliquidX IN 24H REVENUEPapertrade is a...

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papertrade_xyz FLIPS Pumpfun AND HyperliquidX IN 24H REVENUEPapertrade is a...

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