Logo of Shadowpaper

Shadowpaper

Key Metrics

Fees 30d$0
Fees 30d by chain

Arc$0

BSC$0

Fees 7d$0

Arc$0

BSC$0

Fees 24h$0

Arc$0

BSC$0

Cumulative Fees$0

Arc$0

BSC$0

Revenue 30d$0
Revenue 30d by chain

Arc$0

BSC$0

Revenue 7d$0

Arc$0

BSC$0

Revenue 24h$0

Arc$0

BSC$0

Cumulative Revenue$0

Arc$0

BSC$0

Holders Revenue 30d$0
Holders Revenue 30d by chain

Arc$0

BSC$0

Holders Revenue 7d$0

Arc$0

BSC$0

Holders Revenue 24h$0

Arc$0

BSC$0

Cumulative Holders Revenue$0

Arc$0

BSC$0

Protocol Information

Synthetic BTC and ETH perpetuals on BNB Chain and Arc, where traders trade against a protocol-owned liquidity pool using Binance index price

X/Twitter
Category:Derivatives

Methodology

Fees: A 2% fee on trader profit when a winning BTC or ETH position closes, plus a 2% fee on the trader's loss or forfeited margin that the protocol-owned pool wins on losing closes and liquidations (charged only while the payout queue is empty). There are no opening, closing or funding fees, and trader losses kept by the pool are not counted as fees.View code on GitHubRevenue: The part of trading and liquidation fees paid out to the developer and to SPAPER stakers.View code on GitHubHolders Revenue: Half of each paid-out trading and liquidation fee, distributed to SPAPER stakers.View code on GitHub

Competitors

Extended Perps ($98.08m)AZverse Perps ($52.01m)Apex Omni ($26.99m)Contango V2 ($14.69m)MUX Perps ($8.7m)HertzFlow ($6.94m)TurboFlow Perps ($6.63m)Hakka Finance ($4.48m)AlphaX ($3.36m)SYMMIO ($1.39m)

Shadowpaper history

Fees, revenue and holders revenue by UTC calendar month, Nov 2026 to Nov 2026

MonthFeesRevenueHolders revenue
Nov 2026 (to date)$0$0$0

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/shadowpaper

Frequently asked questions

What chains does Shadowpaper operate on?

Shadowpaper operates on 2 chains: BSC and Arc.

How much has Shadowpaper generated in fees and revenue?

Over the past 30 days, Shadowpaper generated $0 in fees. Of that, $0 was protocol revenue.

How does Shadowpaper's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, Shadowpaper ranks #424 by TVL. The category holds $1.794b across 424 protocols, and Shadowpaper accounts for 0% of that total. Similar protocols include Extended Perps, AZverse Perps, Apex Omni, Contango V2, MUX Perps, HertzFlow, TurboFlow Perps, Hakka Finance, AlphaX, and SYMMIO.