Lookonchain reports a trader who generated $10.1B volume on papertrade_xyz launch day, lost $979K but earned 252M PAPER tokens now yielding $1.73M USDC rewards and $220K daily average.

Lookonchain reports Papertrade generated $6.01 million in 24-hour revenue to rank third, outpacing Hyperliquid, on $910 billion daily volume and $28.4 billion in liquidations per DefiLlama data.