DeFi· ★★· neutral·

PaperTrade Launches Liquidity Pool That Rewards Losing BTC Traders

  • —The pool covers high-leverage synthetic BTC and ETH perpetuals on HyperEVM
  • —Losing traders receive a cut of the pool that profited from their trades
  • —Losses mint PAPER tokens, closing the incentive loop
  • —The initiative was highlighted by Delphi Digital
Why it matters: The model could draw new participants into BTC and ETH perpetuals and reshape liquidity dynamics in the derivatives market.
Source: Cryptonews.net