Project Progress

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PaperTrade’s notional trading volume hit $596.2 billion on its first day, prompting officials to tighten the open interest cap to curb manipulation

According to multiple data sources, PaperTrade launched on Oct. 10 with 1,000x leverage and no LP. During the pre-deposit phase, 11,465 addresses deposited approximately $138 million in total, while 24-hour notional trading volume was approximately $596.28 billion. TradingBeats monitored 14,158 liquidated positions, with Isolated Margin losses of approximately $23.12M. Day-One Data: 11,465 Addresses Deposited $138 Million According to protocol statistics and TradingBeats monitoring, PaperTrade's
ETH-1.26%
Bisc·10-12 01:48
PaperTrade首日名目交易量5962億美元

BOK Chooses Wholesale CBDC for 2027 Tokenized Treasury Pilot

The Bank of Korea will use a wholesale central bank digital currency rather than private stablecoins as the settlement asset for a tokenized Treasury pilot set for 2027, according to materials the BOK submitted to the National Assembly's Strategy and Finance Committee. The Electronic Times
Bloomingbit·10-12 01:33
BOK Chooses Wholesale CBDC for 2027 Tokenized Treasury Pilot

NEAR Protocol Shares Quantum and Privacy Day Insights

NEAR Protocol shared insights from its Quantum and Privacy Day event, featuring a discussion with @AlexAuroraDev on the topic of confidential intents. The discussion highlights the growing importance of privacy in blockchain technology. As the blockchain industry continues to evolve, these insights
GateCryptoDesk·10-11 21:22
NEAR Protocol Shares Quantum and Privacy Day Insights