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.
Two posts discuss emerging projects on Robinhood Chain: Mintfolio launched $STANDARD, a reserve-backed liquidity token with ~$14M deployed across tokenized stocks like NVDA and AAPL; Nick Research highlights three early-stage perpetual projects (Entropy, Arcus, and PaperTrade) offering different approaches to onchain user adoption, with Arcus integrating into Robinhood Wallet and offering weekly point rewards.
X users discuss Robinhood Chain developments, including new projects like Arcus and PaperTrade launching with incentive programs, institutional adoption through T. Rowe Price exploring stock tokens, and various crypto tokens gaining traction on the platform.
Hyperliquid's papertrade platform opens pre-deposits for two days to avoid launch congestion, with live trading starting one hour after the hyperEVM upgrade on October 10th. The platform features no fees, no funding rates, and liquidity provided by trader losses.