Papertrade generated $13.38 million in protocol revenue over seven days, ranking fifth among 10 protocols as of October 23. It trails behind Tether ($122.87M), Circle ($48.98M), Hyperliquid ($15.10M), and Pump ($14.71M). Papertrade offers synthetic perpetual contracts for Bitcoin and Ether on HyperEVM, charging fees on realized profits and liquidation losses. These fees are shared between token stakers and developers, highlighting its growing role in decentralized finance trading.
While Papertrade ranks fifth in seven-day protocol revenue at $13.38 million, Tether (USDT) remains dominant on Pluang with a market cap of Rp3.300,6 trillion and a 24-hour volume of Rp913,79 trillion as of Oct 24, 2026 13:02 WIB. USDT's price is stable at Rp18.038 with a slight 1-day increase of 0.02%, contrasting Papertrade's emerging role in DeFi trading.
Tether has blacklisted several USDT wallets reportedly connected to abnormal outflows from CoinDCX, India's largest crypto exchange, freezing the funds at the smart-contract level. This move prevents any further transfers from those wallets and is pa...
The US Senate has launched an investigation into Tether, the issuer of the USDT stablecoin, over allegations it paid $6.3 million to a consulting firm linked to Bo Hines, a former White House crypto adviser. The payments were reportedly made through ...
Senator Richard Blumenthal has requested Tether to provide records by November 3 regarding payments to Nxum, a consulting firm co-owned by Bo Hines, who helped craft the GENIUS Act on stablecoin regulation. Nxum reportedly earned $6.3 million from a ...
Utexo has started testing the minting, transfer, and redemption of Tether USDt (USDT) on Bitcoin's Signet test network, targeting exchanges, wallet providers, and market makers. The tests use the RGB protocol, which keeps transaction details confiden...
US Senator Richard Blumenthal has requested detailed records from Tether on over $6 million in payments to Nxum, a firm co-founded by Bo Hines, a former White House official involved in stablecoin legislation. The payments coincided with Hines lobbyi...
