How PaperPump works

1Overview

PaperPump is a trading terminal with a game on top. Every hour a new tournament starts and every player gets the same 5 virtual SOL. You trade live pump.fun coins and Hyperliquid perpetuals with it. Prices, fees and price impact follow the real market, but your trades never touch the chain and never move a real price.

One account per person. Accounts used from the same device are treated as one person playing several hands: all of them are banned, the round is voided for them (balance 0, no prize), and the device cannot open new accounts for a while. The oldest account may play again from the next round. Sharing a network or Wi-Fi with other players is fine.

When the hour ends, the best three traders who finished in profit share the round's prize pool in real SOL, sent automatically to the payout wallet they registered. The prize pool is funded by the creator fees of the $PAPERPUMP coin.

2Getting started

1. Press Join and pick a trader name.
2. Paste your Solana payout wallet. This is only the address prizes are sent to. PaperPump never asks you to connect a wallet, sign anything or deposit. One player per wallet.
3. Trade. Use the quick-buy button on any coin card, open a coin for the full chart and order panel, or go to Perpetuals.
4. Watch the leaderboard and the round timer. When the round ends, prizes are paid and everyone starts again with 10 SOL.

3Tournaments and rounds

• A new round starts at the top of every hour (UTC). The timer in the header shows the time left; it turns orange at 5 minutes and red in the last minute.
• Round alerts appear at 10, 5 and 1 minute and 10 seconds before the end, and when a new round starts. Click the timer once to also get them as system notifications when the tab is in the background.
• At the end of a round all positions are valued at the live price, the winners are picked and a winners window is shown to everyone. Winners get confetti and their prize and PnL.
• The next round starts immediately: balances go back to 5 SOL, open positions and orders are cleared.

Result cap

A round result above 250 SOL equity from coin trading can only come from a price error, so that player's round is reset. Perpetuals profits do not count toward this cap.

Cashback

Every coin buy and sell adds 1% of its SOL to your cashback, also when a limit order or take profit / stop loss fills. Cashback is kept from round to round, up to 5 SOL. Perpetuals trades do not add to it.

When you are out of SOL (less than 0.1 SOL left, positions included) and the round has more than 10 minutes to go, you can put your cashback on your balance and keep trading. You can do this once per round. The added SOL is taken off your result like a bonus: your % still counts from your starting balance, so it keeps you in the game but is never counted as profit.

4Trading coins

Pulse

Pulse lists live pump.fun coins in three columns:

Coin data comes straight from Solana: every bonding-curve trade and launch is streamed live, and PumpSwap prices are read from the pool itself. pump.fun Mayhem Mode coins are not listed.

Placing trades

• Quick buy: the ⚡ button on a card buys with the preset amount (P1, P2, P3, editable per column).
• Market: buy with an amount in SOL, sell a percentage of your holding. The Sell button shows exactly how much SOL you get.
• Limit: set a trigger market cap with the slider or by typing; the order fills by itself when the price gets there, even with the site closed. The target is drawn on the chart.
• Take profit / stop loss: attach them to a buy, or set them on an open position. They sell automatically.

Fees and fills

Every fill uses pump.fun's own formulas: a 1% fee on buys and sells plus price impact (bigger orders move the price more). Before any fill the server reads the coin's real price on Solana, so a wrong price on the board can never be traded.

5Perpetuals

• Long or short BTC, ETH, SOL and 100+ markets at live Hyperliquid prices.
• Leverage up to 20x (each market has its own maximum).
• Margin comes from the same tournament SOL. Market and limit orders, take profit and stop loss.
• Costs: 0.045% fee on open and close (Hyperliquid's taker fee) and hourly funding at the market's live rate.
• Liquidation: if the price reaches your liquidation price, that position's margin is lost.
• Perp profits and losses count toward your rank like coin trades.

6Leaderboard and scoring

Players are ranked live by score:

Equity is the SOL you hold plus the live value of your coins and perpetual positions. Click any player for their stats: balance, PnL, win rate, best and worst trade, open positions and recent trades, with a link to their wallet on Solscan.

7Prize pool and payouts

Where the pool comes from

Every trade of the $PAPERPUMP coin on pump.fun pays a creator fee to the PaperPump dev wallet. The prize pool of a round is the creator fees earned during that round, read live from the blockchain. The more $PAPERPUMP trades, the bigger the prizes.

How a round's pool is split

Who wins

• Only players who finish the round in profit (above their 5 SOL start) can win. Ending at exactly 5 SOL or below wins nothing, whatever your rank.
• The top 3 players in profit, by score, take 50%, 30% and 20% of the prize share.
• If fewer than three players are in profit, the unearned places roll into the next round's pool.

Payouts

Prizes are sent automatically from the dev wallet to each winner's payout wallet a few moments after the round ends. Every payout is a normal Solana transfer you can check on Solscan; past winners and their transactions are listed on the Winners page, and every payout of any kind is on the Proof page.

Daily tournament

5% of every round's pool goes to a daily pool. Every round, the top 10 players in profit score points: 10 for 1st, 9 for 2nd, down to 1 for 10th. Every day at 00:00 UTC the day's top 3 by points split the daily pool 50 / 30 / 20, paid automatically like round prizes. If fewer than three players scored, the unearned part carries to the next day. See it on the Leaderboard → Daily tab (or /daily).

Invite friends

Click 🎁 in the top bar for your invite link. When a friend who signed up through it wins a round, you get 10% of their prize on top, in SOL, sent to your payout wallet. Your friend keeps the whole prize: the bonus is taken from the buyback share. Accounts used on the same device as yours earn nothing.

8Buyback and burn

20% of every round's pool (minus invite bonuses) is used to buy $PAPERPUMP on the market and burn it. This runs automatically from the dev wallet, after prizes are paid. The header shows the total $PAPERPUMP burned by buybacks and by players.

9$PAPERPUMP token

$PAPERPUMP is the pump.fun coin behind PaperPump. Its creator fees fund the prize pools; 20% of every pool buys it back and burns it.

Contract address

Dev wallet (prizes are paid from here)

10Fair play

• One player per payout wallet; everyone starts each round with the same 10 SOL.
• Fills are checked against the real on-chain price before they happen.
• Bonus SOL added by PaperPump (rare, announced) raises that player's start, so it never counts as profit.
• Results above the cap are reset; obviously broken prices and Mayhem Mode coins are filtered out.
• Payouts are public on-chain and listed on the Winners page.

11Tools and features

• Chart: 1s to 1D candles, scroll to zoom, drag to move, drag the price axis to stretch, double-click to reset. Your trades show as B / S bubbles, other players and KOLs as their own markers. Coins on the curve show the migration market cap line.
• Trades feed: live trades of tournament players and known KOL wallets (marked KOL).
• Watchlist: star ☆ any coin; starred coins sit in the bar at the top with their live market cap.
• Coin info: holders, top 10, dev, snipers, insiders and bundlers, socials and a big picture preview on hover.
• Price lines: ⟋ on the chart bar, then click the chart to draw a horizontal line; click a line again to remove it, right-click ⟋ to clear the coin's lines. Saved in your browser.
• Market cap alerts: 🔔 on the chart bar: get a sound, a message and a system notification when a coin goes above or below your number.
• Pulse filters: on top of market cap, volume, TXs, holders and age, filter by Top 10 / Dev / Snipers / Bundlers holding, social links and DEX Paid.
• Follow a trader: ☆ Follow on any player's profile: an alert each time they buy or sell, with a button to open the coin. Nothing is bought for you.
• Replay: on a player's profile, History → click a coin to see their buys and sells on its chart (orange marks).
• Achievements: badges on every profile: first trade, 2x and 10x trades, wins, profit streaks, daily champion and more.
• Alerts: click the round timer to allow notifications: you get the round's last minutes with your rank, your order fills, your wins and followed traders even with the tab in the background.
• PnL card: share your result on any coin as an image; the winners window has a Share results card for the round.
• Profile links: every player has a page at /trader/name, with a preview for X and Telegram.
• Themes: Sakura, Night, Matcha, Noir, Lagoon, Axiom, Padre and GMGN palettes, plus a Lite mode for slower devices.

12FAQ

13Links

• App: zerostake.org
• X: @_PaperPump

PaperPump is a game. Paper trading only; nothing here is financial advice. Prizes depend on the creator fees earned each round.