Projects / Papyrus

Contracts 28Found by us

Found by us (in its app, or deployed by the same wallet), not confirmed by the team yet. Wrong? Tell us on X.

ContractAddressTxns

More in DerivativesAll

Papyrus

Perps against a house

On testnet

Volume, all time$16.40MTraded on it, in test dollars

Derivatives

Open Papyrus ↗

Operations418

Wallets, 7 days113

Transactions, 7 days1,237

Positions opened210

Operations418

Wallets, 7 days113

Transactions, 7 days1,237

Positions opened210

Positions closed208

Liquidations35

Margin posted24,017 test USDC

Deposited24,850 test USDC

Withdrawn10,353 test USDC

X followers—

Contracts28

An onchain perps exchange with isolated margin and oracle prices. Traders go long or short against a house, which pays winning trades from its available funds. Losing trades mint its PPRS token, which can be burned for a temporary share of revenue. These mechanics are from its docs.

On ElysiumIts exchange, oracle, PPRS token and test USDC are on the Elysium testnet. The exchange has been redeployed several times since Oct 30, the latest on Nov 4. Across these versions: 210 positions opened, 208 closed, 35 liquidations, by 35 wallets. Volume counts the leveraged value of positions opened, in test USDC, which anyone can mint.

Collateral: Test USDC on testnet
Leverage: Up to 1,001x (its docs)
Docs: docs.papyrustrade.xyz

It's running or deployed on the Elysium testnet today.

How these numbers are read

Volume, trades, launches, sales, stakes and TVL: read from the project's own contracts on the Elysium testnet (last Nov 4, 14:36 UTC). Wallets and transactions: our indexer reads every block and counts the different wallets calling its contracts (last Nov 4, 14:33 UTC). X followers: from the public profile, four times a day. Contracts: Its trading app, linked from its site, names these contracts and this wallet as admin in its own config. The earlier exchanges come from a second wallet and are listed in the same config. Dollars: testnet HYPE at that day's Hyperliquid price, test USDC at $1; testnet tokens have no real value.