Papertrade news
The latest Papertrade update, October 21, 2026: Papertrade adds 0.5% builder fee on wins through third-party frontends. The same contract upgrade holds back payouts slightly on very small winning moves. Checked against Papertrade's own announcements or two reputable outlets.
Updated 2026-10-26 · all venue newsOfficial site: papertrade.xyz
New fee October 21, 2026
Papertrade adds 0.5% builder fee on wins through third-party frontends
Papertrade's second contract set went live on HyperEVM on 21 October 2026. Winning closes signed through a frontend the protocol has approved as a builder now pay that frontend 0.5% of the gain, on top of the existing 2% win fee. papertrade.xyz names no builder, so trades there are not charged.
Who is affected: Papertrade traders who close winning positions through approved third-party frontends, and traders who close wins on very small price moves.
Launch October 10, 2026
Papertrade opens 1000x BTC and ETH perps on HyperEVM
Papertrade opened trading on 10 October 2026, offering BTC and ETH perpetuals with up to 1000x leverage on HyperEVM, Hyperliquid's smart-contract layer. Every trade is a synthetic swap against a single liquidity pool at Hyperliquid's order-book mid price, so there is no spread, slippage or funding.
Who is affected: Traders looking for very high leverage on BTC or ETH from a self-custodied wallet.
Official site: papertrade.xyz
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