Papertrade Distributed $54.1 Million to Stakers as Traders Lost $63.2 Million
Photo: TokenPost
Papertrade distributed $54.1 million in USD Coin (USDC) to stakers while traders lost a net $63.2 million, showing the scale of rewards generated alongside trading losses. The figures were measured at 6 a.m. ET (10:00 UTC) Oct. 19, 212 hours after trading opened. Distributions amounted to about 86% of net trader losses. That percentage compares totals across the platform; it does not mean a trader who lost money received 86% back. Papertrade allocates each USDC distribution in proportion to the PAPER staked at that moment. Holding PAPER without staking it does not earn a distribution.
Source: TokenPost
