$PAPER Token Launches on Hyperliquid, Surges 2.5x
$PAPER, the native token of synthetic perps platform papertrade.xyz on HyperEVM, went live on Hyperliquid and jumped from 0.012 to 0.03 within hours.
What we know
An account on X announced $PAPER is now trading 24/7 on Hyperliquid as a pre-launch perp. The token is minted to traders from realized losses and is stakeable for a share of platform fees. Another account on X quickly flagged the 2.5x move: '0.012 → 0.03 — You are not bullish enough.'
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.