Quick start

A short path from wallet connection to a funded Papertrade trading balance and your first position.

What you need

Use an EVM-compatible wallet and USDC that can reach your Papertrade deposit address through the supported Hyperliquid or bridging flow.

1. Connect

Connect your wallet and register the scoped session key used by the trading interface. The session key reduces repeated wallet popups for normal trading actions.

2. Deposit USDC

Papertrade derives a unique deposit address for your wallet. Supported deposit routes end with USDC arriving at the deterministic account the protocol monitors and credits.

3. Trade

Choose a market, long or short direction, margin and leverage. Papertrade reads the current Hyperliquid BBO mid and settles position PnL against the LP.

Next

Continue with Wins and losses for settlement economics, The LP and the payout queue for solvency mechanics, and Paper Emissions for PAPER minting.