PaperCopy is a browser terminal for following and copying Papertrade traders. Public charts, trader profiles, positions, history, rankings and its FAQ were reviewed on 26 October 2026. The site displays Live copying. @papercopyfun announced builder approval on 24 October with an activation delay; @Jeetdrops says he built the terminal. Neither an elapsed delay nor a visible status proves tested copying.
The FAQ says copying starts with the trader's next position, not existing ones. Users can set fixed or proportional margin, maximum leverage, margin per position, open-position count and margin in use, for up to ten traders. Copies open later at the then-current price; at high leverage a copy can liquidate while the original survives. Displayed returns and rankings are not audited performance or promised replication.
The operator describes a 30-day session key able to open and close but not withdraw, with onchain removal through My copies requiring wallet approval and HYPE gas. Pause or Stop prevents new copies while existing copies can still be closed when the trader closes; this is not equivalent to revoking the key. Permissions, storage, limits, cancellation and revocation were not tested.
During a service outage, the FAQ says positions remain on Papertrade, later closes may be handled on return and missed opens are not replayed. This recovery behaviour and the pricing/delay of those closes were not verified. No account, copying, trade or simulated execution was activated.
The FAQ says PaperCopy charges nothing beyond usual Papertrade fees. The official registry displays papercopy / 0x5ec19b48741322ec4c54fd642ffc7ed306ef4a4c as Active. That requires reconciliation with the 0.5% builder charge on eligible adjusted PnL and protocol impact/win fees; no complete tariff or fee-address registration was verified. The app says its own servers provide PnL and risk figures while public Hyperliquid data provides chart prices. No audit or independent measurement of those calculations was established.
papergames
