
24h high
$0.001906
24h low
$0.0005332
24h vol (PULP)
29亿
24h vol(USDT)
168.7万

PaperDAO is a collective treasury DAO built to capture early minting advantages on Papertrade, a fair-launched synthetic perpetuals venue on Hyperliquid. Papertrade starts with an empty liquidity pool, and losses are the only way to mint $PAPER — with the earliest flow yielding the highest emission rate. $PULP represents a pro rata claim on the DAO treasury, redeemable for $PAPER. The name derives from the project tagline 'Pulp in, paper out,' mirroring how raw pulp converts into finished paper.