Papertrade Announces that Token PAPER is Restricted from Transfer, with Daily Revenue Falling Out of the Top 20 According to the Protocol
2026-10-22 12:54:27
According to CoinMeta, after Papertrade announced a ban on the trading of token PAPER, daily revenue dropped to $178,000, causing it to fall out of the top 20 in terms of protocol revenue. Papertrade generated a total of $61.96 million in revenue within 12 days of its launch and has ranked in the top 3 for revenue in the past 7 days. Since October 20th, when a ban on the trading of token PAPER was announced, user transaction activity has decreased, with the protocol's revenue dropping to $40 million. Papertrade founder Jez stated that whether the token is transferable or not does not change users' choices when trading on Papertrade.
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Source:Internet
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