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Surpasses Hyperliquid in Daily Revenue: Platform Breaks Into Top Three

According to data reported by Lookonchain, Papertrade generated approximately $6 million in revenue over the past 24 hours, surpassing Hyperliquid and ranking third by revenue.

In a post on October 13, on-chain analytics platform Lookonchain reported that Papertrade’s 24-hour revenue was $6.01 million. The post, which linked to DefiLlama’s revenue page, noted that this figure exceeded Hyperliquid’s revenue over the same period.

Trading and liquidation volumes also stood out

The same post reported that Papertrade’s daily trading volume reached $910 billion, while its liquidation volume reached $28.4 billion.

The metric that earned it third place in the rankings was 24-hour platform revenue; trading volume and liquidation volume were listed as separate figures in the post.

Not investment advice.

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