How Papertrade traders are positioned
Every Papertrade position since trading opened on Oct 10, 2026, rebuilt from the chain and checked against the venue every hour. Who is long, who is short, how levered, where they get liquidated, and who is winning. Updated hourly.
Traders
Every Papertrade wallet, one page each: net P&L checked against the venue to the cent, win rate, leverage habit, exact liquidation prices, the full trade history, and cohorts showing what the winners and the whales hold right now. Updated every 10 minutes.
Open the trader explorer: leaderboard, search, cohorts and a follow list.
Who is long vs short
Open positions by size, in US dollars at the current price, with each wallet's positions in this market netted. The LP takes the other side of every trade.
Share of wallets that are long
Net position by size tier
long minus short, US dollarsWhere traders get liquidated
Open size by how far each position's liquidation price sits from the current price. Longs are liquidated if price falls to their level, shorts if it rises to theirs.
How levered
Open size by the leverage each position was opened with, from 1x to 1000x.
Who is underwater
Open positions by how far their entry sits from the current price. Longs are in loss when they entered above the price, shorts when they entered below it.
Share of open size in loss
Taker flow
Every Papertrade trade is a taker trade against the LP. Opening a long or closing a short buys; opening a short or closing a long sells. Liquidations are counted separately.
Net taker flow per hour, last 72 hours
Venue scoreboard
Both markets together, since trading opened: what traders have won and lost, how much went to liquidations, and money in and out.