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Papertrade Sets 1000x Perps Launch

Papertrade, a digital asset trading platform, is set to launch a 1000x Perps contract with $85 million in user deposits. The launch is scheduled for 10 a.m. ET on October 10. User deposits are separate from the house-side pool, which starts at zero and grows from traders' losses. This move signals confidence in the platform's ability to attract significant user deposits and grow its multi-asset offering to include automated CFD trading.

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