One trade. More than one outcome.
PaperDash separates trading performance from cash availability and rewards. A profitable close can produce an unpaid claim; a losing close can produce PAPER. Those outcomes should not be flattened into a single balance.
- Realized trading PnL
- The outcome of closed positions after protocol adjustments. Deposits, withdrawals, PAPER valuation, and staking distributions do not count as trading profit.
- Available USDC
- The verified spendable balance in the exchange. It can include deposits and returned collateral, so it is not a profit figure.
- Queued winnings
- Profit claims awaiting payment. Already included in realized PnL; releasing a claim does not create profit a second time.
- PAPER rewards
- Verified token quantities earned from eligible losses. We do not assign an assumed dollar value to nontransferable rewards.
- Staking income
- USDC distributions attributable to staking, displayed separately from trading results.
- Open-position PnL
- An estimate, never a settled outcome. If pricing or protocol impact cannot be verified, the estimate is unavailable.
Source and coverage
Papertrade activity belongs to HyperEVM contracts. Hyperliquid’s ordinary wallet fills are not a substitute. We require official deployment addresses, correct contract interfaces, units, and accounting coverage before marking data as verified.
Each live data response carries a source timestamp and history coverage. Partial or unavailable history is marked explicitly. Rankings cannot turn unavailable results into zero or include unreconciled accounts.
Freshness and corrections
Our initial target is roughly 20–45 seconds from an event to the screen, with protocol snapshots approximately every five minutes. These are operating targets, not guarantees. If indexing falls behind, the interface shows it. Source inconsistencies pause affected calculations until they can be reconciled.
Privacy and independence
On-chain wallet activity is public. Watchlists and personal wallet labels are private to you. PaperDash does not hold trading keys, place trades, or promise returns. It is an independent product and is not the official Papertrade frontend.
We count basic page categories, shares, and watchlist saves to understand which features are useful. Usage events do not include wallet addresses, private labels, page URLs, or an anonymous tracking ID. Signed-in daily attendance is retained for eight UTC dates to measure seven-day returns; longer-term reporting contains aggregate counts. Browser Do Not Track and Global Privacy Control preferences are respected.