Papertrade DEX launching at 14:00 UTC on October 10, 2026, following a HyperEVM network upgrade.
DeFi & Yields ·
Papertrade, a decentralized exchange, is scheduled to launch at 14:00 UTC on October 10, 2026, following a HyperEVM network upgrade. Trading through the frontend will be enabled at that time, though deposits will pause at 13:45 UTC—fifteen minutes prior—to prioritize trading operations during launch. Users wishing to participate must predeposit before the pause window.
The platform anticipates significant congestion at launch, with temporarily extended confirmation times expected, particularly for smaller trades. The frontend relayer will play a key role in managing transaction submission to the HyperEVM, and the chain's gas dynamics are designed to use approximately half of available capacity to avoid exponential fee increases. Individual atomic position limits are set at 10 million, with no cap on the number of such positions per user. Floating open-interest headroom per market and side stands at 1 billion for launch.
Papertrade employs asymmetric fee mechanics inherited from Rollbit, governed by specific parameters including a base rate of 0.1 and a position multiplier tied to BTC and ETH notionals. A 2-of-3 multisig comprising three administrators oversees three distinct roles—guardian, owner, and markets—with contract upgrades subject to a seven-day timelock. Additional technical details are documented in the project's documentation.