Papertrade trading volume drops 43% to $54.2B in a day
- —Volume of $54.23B versus $96.52B a day earlier
- —Revenue down 83% to $890K, ranking 7th among protocols
- —Trades at 135,227 (-40%), new accounts at 622 (-53%)
- —Volume down 90% from the October 10 peak of $564.23B
Why it matters: The sharp drop in Papertrade activity points to cooling speculative interest in the platform after its October 10 peak.
Source: TokenPost