HyperEVM's perpetual contract exchange Papertrade launches October 10 with $85.3 million in deposits and up to 1000x leverage, trading synthetic positions against its own liquidity pool using Hyperliquid price feeds. The platform features a PAPER token minted from realized losses that grants losing traders claim rights to earnings, with no funding rates and asymmetric impact discounts instead of traditional fees.
X users discuss Grok bot's new autonomous email capability for scheduling and business communications, Bitcoin's quantum computing vulnerability affecting 6.7M BTC, and the papertrade DeFi launch on HyperEVM with position limits and fee parameters.