Key Highlights
  • Papertrade logs $20.9M daily net inflow on Oct 13 — first positive net flow since platform launch
  • Cumulative gross inflows hit $250.5M across Oct 6–13, with 33,651 individual deposit transactions
  • Peak inflow day was Oct 10 at $146.7M; net flow turned negative Oct 11–12 before recovering
  • Eight-day cumulative net flow stands at +$66.17M per dashboard data shared by @HyperliquidNews

Papertrade (@papertrade_xyz) has recorded its first-ever positive daily net flow since launching — $20.9 million in net inflows on October 13 — as cumulative platform inflows reached $250.5 million, according to @HyperliquidNews.

1) Asset & Timeframe
1) Asset & Timeframe | Source: @HyperliquidNews (X)

The flow data, shared via Papertrade’s internal dashboard, shows a pronounced surge beginning October 9–10, when daily inflows peaked at $146.7 million — the largest single day on record for the platform. That spike drove gross inflows to $250.5 million across an eight-day window (October 6–13), with 33,651 individual inflow transactions logged against 16,395 outflow transactions.

Net flow turned negative on October 11 (−$39.97M) and October 12 (−$3.4M) as withdrawals outpaced deposits following the inflow peak. October 13 reversed that trend, posting +$4.66M net — the first positive close since the platform’s launch and the figure cited by @HyperliquidNews as the milestone.

The eight-day cumulative net flow stands at +$66.17 million, per the data table shared publicly. No platform-specific announcement — token launch, partnership, or protocol upgrade — has been identified as the trigger. The inflow spike coincides broadly with renewed retail trading activity in late 2024, though no single named catalyst has been confirmed at time of publication.

Frequently Asked Questions

What does ‘positive net flow’ mean for Papertrade?

Net flow is total inflows minus total outflows for a given day. October 13 marked the first time since Papertrade’s launch that daily deposits ($20.9M net positive) exceeded withdrawals — a milestone indicating more capital entered the platform than left it on a single day.

What caused the $146.7M inflow spike on October 10?

No platform-specific announcement has been confirmed as the trigger. The spike coincides with broader crypto market momentum in late 2024, but no named catalyst — such as a token launch, partnership, or protocol update — has been officially identified at time of publication.

Is the $250.5M figure gross inflows or net?

The $250.5 million is gross inflows — total USDC deposited into Papertrade across October 6–13 before subtracting outflows. The cumulative net figure (inflows minus outflows) for the same eight-day window is +$66.17 million, per the dashboard data shared by @HyperliquidNews.

Source: Hyperliquidnews · Published by CoinsProbe Markets Desk

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