Papertrade's daily revenue has surpassed Circle for two consecutive days, ranking second on the entire network

According to DefiLlama data, Papertrade's daily revenue was $7.49 million, surpassing Circle and ranking second in the entire network protocol for two consecutive days, only behind Tether. On the 7th day of its launch, Papertrade accumulated a total revenue of $57.16 million and distributed approximately $52.76 million to PAPER stakers, accounting for approximately 92.30% of the total revenue. The revenue of this agreement includes a 2% handling fee for traders who have closed their positions and achieved PnL, a 2% handling fee for liquidation loss margin, and LP balance transferred to PAPER pledgers after exceeding the LP limit of $5 million.