PaperTrade, 1000x Leverage, How Does It Work?
Let’s talk about one of the most interesting protocols of the past few days. @papertrade_xyz is a PerpDEX that introduces a unique model to the DeFi space: it doesn’t need large liquidity providers to get started, as it uses traders’ losses to fuel the protocol’s liquidity.
The interesting part? You get rewarded even when you lose. Traders who incur losses receive solana:4SNHBM2axbPCNXHrPPNLtdCRmnQVkq9cfFTyrJpJpump tokens, which can be staked to earn a share of the protocol’s revenue and excess liquidity.
But how are winning traders paid? Papertrade uses a payment queue: if the protocol doesn’t have enough liquidity to cover all profits, traders have to wait until new losses replenish the system. All of this comes with leverage of up to 1000x, making trading extremely risky.
The pre-deposit phase has already started, giving users early access ahead of the launch scheduled for October 10. A date that was definitely no coincidence.
Thanks @Backpack_ITA 🎒
solana:BPxxfRCXkUVhig4HS1Lh7kZqV6SPJhzfEk4x6fVBjPCy
Sale + Tokenomics @jumperapp
Details on Jumper are coming in, let’s take a look at the specs:
-Total Supply: 1B $JUMP (utility token)
-Community: 33.33%
-Public Sale: 4%
-Team: 26.07%
-Treasury: 21.90%
Sale, here are the details:
-Starts: September 29
-Target: $2M USDC on Ethereum
-50% unlocked at TGE, with the remaining 50% vesting over 4 months.
-FDV: $75M
-TGE: Q4
-Priority given to XP Holders and the first 500 people on the waitlist.
👉 If you want to participate in the sale, connect here
app.legion.cc/?homie=B260562…
Happy 1$ solana:BPxxfRCXkUVhig4HS1Lh7kZqV6SPJhzfEk4x6fVBjPCy.
Thanks @armaniferrante !
CryptDropIt retweeted
Siamo stati presi molto dal "fare' e poco dal "comunicare" e quindi eccoci qui per fare un recap:
Il 18 e il 19 settembre torna la Blockchain Beach 2026
L'evento è alla sua quinta edizione dalle origini.
La seconda gratuita e in università.
La prima nell' ambito del progetto europeo EUBB.
Questo progetto coinvolge sette partner: due italiani, due ciprioti, due spagnoli e uno belga, decine di partner associati in tutta Europa, verrà finanziato con 250 Mila euro e, tra le varie cose, esporterà la Blockchain beach anche a Paphos e a Girona.
✔️Nella giornata del 18 settembre avremo interventi dalle 9.30 alle 18.30 in università con focus su ai e blockchain.
Nella seconda sala andrà in scena una curiosa Battle di Pokemon che assegnerà una crociera al vincitore.
Nella sera del 18 ci sarà un aperitivo offerto ai partecipanti presso il bar 137, di fronte l'ateneo.
✔️Nella giornata del 19 settembre avremo interventi dalle 9.30 alle 18.30 con focus su Bitcoin e Blockchain.
Nella seconda sala prenderà vita l'hackathon con Team1 ed Avalanche dove i ragazzi daranno vita alle loro idee e le sottoporranno a una giuria di pregio. In palio premi monetari e un percorso di accellerazione.
Nella sera del 19 avremo un apericena offerto in spiaggia e i partecipanti attesi da tutta Italia, avranno modo di provare arrosticini originali.
L'evento sarà arricchito da una galleria d'arte a cura di Diredisi Arts , dove ' opera più apprezzata verrà tokenizzata e diventerà l'nft della Blockchain beach del 2026. Inoltre sarà impreziosita da una grande lotteria che distribuirà premi più disparati come cantucci, amaretti, arrosticini skateboard e gonfiabili.
Insomma, non mancheranno né occasioni di imparare, né occasioni di conoscere persone, né occasioni di divertirsi.
Ringraziamo l'ateneo, gli sponsor @DegateItalia @Moneyviz_ @AvaxTeam1
@ScalableCapIT gli speaker, i partner e tutti i soci della associazione di Officina DeFi che hanno contribuito all'evento. Vi aspettiamo!
officinadefi.com/blockchain-…
$LAPTOP launches today
$LAPTOP, @HunterBiden s meme token on @base , is expected to launch today. Beyond the political narrative, the important thing is not to get caught up in the hype. Here are all the details currently available:
- Contract ($BASE): 0xB095274743941e953c746F9C228DA9c18Bb6ec29
- Website: laptoptoken.com
Declared Tokenomics
- Total supply: 1 billion tokens
- Initial circulating supply: 350M
- 8% allocated to Where’s Hunter Substack subscribers
- 2% allocated to those with a negative PnL on solana:6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN
- An additional 10% reserved for future airdrops.
🚨 This post is for informational purposes only!
Unpopular opinion: zcash:native will hit $5K before ethereum:native .
THE MEMECOIN FAIRY TALE.
On X, it looks like everyone is making money, but then you check the on-chain data and realize that nothing has changed since the last post about PumpFun.
In fact, Dune analyzed the @solana wallets that traded on @fomo over the last 90 days.
292,531 wallets analyzed.
93.84% were NOT profitable.
Only 6.16% were in profit.
But when you dig deeper, it gets even more interesting:
Of the 6.16% that were profitable, 88% made less than $100.
Only 25 wallets out of 292,531 made more than $10,000.
Before thinking, “If they did it, I can do it too,” think again.
Crypto Cards, What Happened?
Over the past few hours, several @solana crypto card users have seen their USDC/USDT funds disappear. Among the services affected are @avici and @useTria , both of which have already announced that affected users will be reimbursed.
But where did the issue come from? The exploit did not directly affect users’ wallets, but rather the underlying card infrastructure. Several providers rely on @raincards , which identified a vulnerability in an older version of its smart contracts on Solana. 1,685 users were affected, with approximately $600,000 stolen.
This incident highlights an important distinction: you can have a perfectly secure self-custodial wallet, but once you move funds into the layer required to spend them through a card, your risk model changes as well.
The cards we previously covered, @RedotPay and @KASTxyz , were not affected by the incident.
🤖 Made with AI
Deposit Airdrop: ethereum:0x57e114b691db790c35207b2e685d4a43181e6061 , Meridian Points + ethereum:0x4c9edd5852cd905f086c759e8383e09bff1e68b3 . Current Cap: $2.5M.
@meridiandotxyz is coming to Robinhood Chain with its mPerps, and in the meantime, it has opened pre-deposits for the Meridian Liquidity Provider (MLP). USDe on Robinhood Chain will be required!
You’ll earn:
-USDe rewards
-30x ENA Rewards
-20% of all Meridian Points distributed to Perps users
Once trading goes live, MLP will move into Phase 2 and begin market making across Meridian and other exchanges.
yield.accountable.capital/va…
🤖 Made with AI









