Papertrade is expected to go live on October 10.

According to official information, papertrade is expected to officially go live and enable front-end trading on the hyperevm network at 14:00 UTC on October 10 following the network upgrade. To prioritize transaction processing, deposit functionality will be temporarily paused 15 minutes prior to launch (13:45 UTC), and users must complete predeposits in advance.

Due to potential network congestion during the initial launch phase, transaction confirmation waiting times may be extended, particularly for transactions with smaller notional values. In terms of mechanism configuration, papertrade sets a per-transaction atomic position limit of $10 million (with no limit on the number of positions of this size), and the available floating open interest (OI) cap for each market and direction at launch is set at $1 billion; regarding fees, the platform inherits Rollbit’s asymmetric P&L fee curve. Furthermore, platform administrative permissions are managed through a 2-of-3 multisignature mechanism, divided into three roles: Guardian, Owner, and Markets, with contract upgrades subject to a 7-day time lock.