🤯 Papertrade just launched its 1000x leverage perpetuals DEX, and the community went wild. Less than 24 hours later, here are the numbers: - Volume: $157 billion (far and away #1) 110x higher than Variational, 160x higher than Lighter, and 60x higher than Hyperliquid. - Open Interest: $10 billion 4x higher than Variational and 10x higher than Lighter. - Liquidated Volume: $9.5 billion. Just launched, with only BTC and ETH, and in a few hours it surpassed the entire perpetuals DEX industry that has spent months and years building capital, users, volume, and open interest. It’s insane how people are burning capital with 1000x leverage. What’s your take?