Since loss mining began on the 10th for Perp paper trading on Hyperliquid, in less than 6 days, the three traders who generated the most volume have each surpassed $10 billion in trading volume.
🥇 The top trader generated $11.6 billion in trading volume, lost $780,000 on trades, and earned 46 million PAPER through loss mining, for an acquisition cost of $0.017 per token.
Address: 0x75ec3ba266176e733f1b1fdaa15052f5eff724b8
🥈 The second-place trader generated $10.3 billion in trading volume, lost $930,000 on trades, and earned 85 million PAPER through loss mining, for an acquisition cost of $0.011 per token.
Address: 0x6f25f4b0f1cdd724a873b368ea98af93e2f54acc
🥉 The third-place trader generated $10.1 billion in trading volume, lost $980,000 on trades, and earned 252 million PAPER through loss mining, for an acquisition cost of $0.0039 per token.
Address: 0x35b29bdd690f95fe35c9645f21866b04616295a7
*The acquisition cost does not include dividends earned from the PAPER mined. Including them would lower the cost further, potentially making the third-place trader’s cost negative.
🥇 The top trader generated $11.6 billion in trading volume, lost $780,000 on trades, and earned 46 million PAPER through loss mining, for an acquisition cost of $0.017 per token.
Address: 0x75ec3ba266176e733f1b1fdaa15052f5eff724b8
🥈 The second-place trader generated $10.3 billion in trading volume, lost $930,000 on trades, and earned 85 million PAPER through loss mining, for an acquisition cost of $0.011 per token.
Address: 0x6f25f4b0f1cdd724a873b368ea98af93e2f54acc
🥉 The third-place trader generated $10.1 billion in trading volume, lost $980,000 on trades, and earned 252 million PAPER through loss mining, for an acquisition cost of $0.0039 per token.
Address: 0x35b29bdd690f95fe35c9645f21866b04616295a7
*The acquisition cost does not include dividends earned from the PAPER mined. Including them would lower the cost further, potentially making the third-place trader’s cost negative.