#DeFi news and updates. Tweets are not financial advice!
Moon
Joined June 2019
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UPDATE: Another big, and very abrupt dip in @papertrade_xyz LP due to big discrepancy between short and long OI.
LP was down almost $3m before partially recovering😬
Imo only a matter of time before a big loss triggers the debt queue and traders start to leave!
$paper
UPDATE: Looks like @papertrade_xyz won't last long if they don't find a way to fix the OI from skewing so much.
LP has lost $2m over the past 24h due to how big the skew was on the short side. Will be difficult to do without funding rates!
$PAPER
UPDATE: Looks like @papertrade_xyz won't last long if they don't find a way to fix the OI from skewing so much.
LP has lost $2m over the past 24h due to how big the skew was on the short side. Will be difficult to do without funding rates!
$PAPER
There's a massive OI skew on @papertrade_xyz BTC and ETH markets developing now📊👀
2:1 on the short side 😬
If the shorts start taking profits it could get very ugly.
$PAPER
There's a massive OI skew on @papertrade_xyz BTC and ETH markets developing now📊👀
2:1 on the short side 😬
If the shorts start taking profits it could get very ugly.
$PAPER
Tomorrow is going to be WILD: $30.5m in pre-deposits and rising by the hour!📈😮
PaperTrade allows 1000x leverage, but even if most $PAPER farmers stick to 50-100x, that's potentially billions of $ in trading volume on day 1 🤯
$HYPE will be feeling the launch for sure...
papertrade pre-deposits are live!
papertrade.xyz
in order to avoid the launch trading congestion, deposit during the next two days to secure your spot at the starting line. once trading begins, account creation/deposits will be heavily deprioritized.
no need to rush - there is no advantage to depositing earlier during this period.
when on 10.10 will papertrade go live?
live trading will begin approximately one hour after the expected hyperevm network upgrade on 10.10. the exact upgrade time is not known beforehand. the official hyperliquid discord will post an update when the upgrade is about to begin, so keep an eye there for an early heads up. there is a small historical possibility that the upgrade will happen on the AM of the 11th.
$FXN FDV $41m 👀
Revenue in Uptober 📈
