Leaderboard
593All-time rank
P
Papertrade
Oct 10, 2026
$1.3M
Lost
$1.3M
Recovered
$0
Net loss
$1.3M
Unrecovered0% recovered
Papertrade, a perpetual trading protocol on HyperEVM, reportedly suffered an oracle manipulation attack shortly after launch. The attacker manipulated Hyperliquid’s ETH order-book midpoint through external trades while opening and closing highly leveraged synthetic positions on Papertrade.
28M from the Martingaler LP.
- Target
- DeFi
- Classification
- Oracle Manipulation
- Technique
- Spot Price Manipulation
- Attribution
- Unknown
- Chains
Hyperliquid L1
Event timeline
- Oct 10, 2026Exploit executed — $1.3M drained via spot price manipulation
- Attributed to Unknown
- Recovery status Unrecovered 0%