Papertrade 101: the exchange where losing mints the token🧏🏼♂️
Most exchanges have a pretty simple setup:
You lose → the house wins.
@paperdao_xyz flips that.
You lose → the LP grows → $PAPER gets minted to you. 🏠
So what exactly is going on?
@paperdao_xyz is a fully onchain perps exchange built on Hyperliquid.
No orderbook.
No funding.
No spread.
Up to 1000× leverage on BTC + ETH.
Instead, every trade is a synthetic swap between you and the LP.
Open a position → your entry is locked to Hyperliquid’s mid price.
Close it → the contract reads the mid again and settles your PnL against the LP.
Here’s where it gets interesting.
The LP starts at $0.
You can’t deposit into it.
It grows from traders’ losses.
And when you lose?
$PAPER gets minted to you.
Under $2M LP → 100 PAPER per $1 lost.
PAPER is the LP’s fee-claim token.
Stake it → earn USDC from the LP’s revenue.
And the launch?
🌱 Zero premint
🌱 No team allocation
🌱 No VC allocation
🌱 No airdrop
🌱 Supply starts at zero
The tradeoff is that profitable closes get a haircut, plus a tiny 0.2 bps execution fee.
And yeah, this is high risk.
Positions are locked, 1000× means liquidation is very close, and trading is relayer-gated at launch.
But the core idea is pretty wild:
Lose a trade.
Get a piece of the exchange.
That’s Papertrade 101. 🏠
Agent NFTs 101 with @musegod_rh 🧵
Your NFT is a JPEG with a server dependency. 🪦
These have a soul written into the contract, so any AI agent can read it and become it.
999 plush gods. Here's how it works 👇
1.
In a sea of disposable memecoins, one hooded figure keeps showing up with a bow and a plan. Meet Hooja, the outlaw of the Robinhood Chain.
Not another frog. Not another dog.
An original character with lore, art, and skin in the game.
The gadget market has taken customers for granted for too long.
TechScribeHQ is our answer to that.
We look forward to welcoming you through our doors with open arms.
I’m giving out 2 GTD spots for @FumoFamily
supply: 1000
mint price: TBA
chain: hyperevm
- follow @FumoFamily and me.
- like and RT
winners in 24 hours.
Free mint. Dec 16. 7,777 supply on eth with backing from @1inch, @rarible and @base.
Stumbled on @MrFreeman0 and the art actually feels different
It is an autonomous AI persona imagining pieces and real artists refining them, built on a cult IP with millions of fans
Market sentiment is shifting fast with rising floors, volume spikes and whales stepping back in
Punks up 14.5%, Azuki 27.7%, Pudgy 10%. ETH NFT volume shot 300% to 75M weekly. Whales are sweeping again!
This one has existing IP, real backing and a community already migrating onchain
The AI angle has substance. It is living IP that evolves and interacts rather than cheap AI hype
DYOR but I will be there. Timing feels too good tbh💯