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〽️NEUTRAL Lookonchain

Machi Trades $1.41B, Ends With a $74.7K Loss

Staking incentives and PAPER rewards offset most of the trading loss, leaving a much smaller net deficit.

Machi Trades $1.41B, Ends With a $74.7K Loss
Machi Trades $1.41B, Ends With a $74.7K Loss
Machi Trades $1.41B, Ends With a $74.7K Loss
Machi Trades $1.41B, Ends With a $74.7K Loss

Machi generated $1.41 billion in trading volume on Papertrade and lost $416,000. Staking added 57.6 million PAPER tokens and $341,000 in USDC rewards.

Those rewards reduced the overall loss to $74,700. The figures separate trading performance from incentive income on Papertrade's synthetic perpetuals, where volume alone does not show the final result.

Source: [Papertrade](https://exchange.papertrade.xyz/portfolio?view=0xad1215e79ed05c3e196a4e85066de41ec9004b41&range=all)

Related tokens
$USDC
$PAPER#Perpetuals#DeFi#TradingVolume

Frequently asked questions

  1. How much trading volume did Machi generate on Papertrade?

    Machi generated $1.41 billion in trading volume on Papertrade.

  2. How large was Machi's trading loss?

    Machi lost $416,000 from trading on Papertrade.

  3. How did staking change Machi's overall result?

    Staking generated 57.6 million PAPER tokens and $341,000 in USDC rewards, reducing the overall loss to $74,700.

  4. How many PAPER tokens did Machi earn?

    Machi earned 57.6 million PAPER tokens through staking.

  5. What type of trading does Papertrade offer?

    Papertrade offers synthetic perpetuals. Its incentives and staking rewards are separate from the trading outcome.

Source attribution
Aggregated from Lookonchain · Verified · Last refreshed 1h ago
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