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How it actually works

Papertrade Builder Codes — Frontend Revenue Share

A planned frontend-revenue mechanism described by the project documentation; it is not presented as live yet.

Planned builder-code model

The docs describe a future flow where frontends tag originated intents with a builder identifier and receive a share of protocol-side revenue from those trades.

No extra user fee

The planned builder share is described as coming from protocol LP-revenue allocation rather than as an additional charge layered on top of the trader action.

Integration path

The relayer-only launch profile still controls which submitters can reach the batch executor. Permissionless builder routing depends on a future deployment or configuration profile.

Status

The supplied documentation labels builder codes as coming soon and does not provide a firm activation date.

Related Papertrade Guides

Frequently Asked Questions

What is a Papertrade builder code?

It identifies an eligible frontend or builder within the documented trading flow.

Why are builder codes used?

They can attribute eligible activity and support frontend revenue-share accounting.

Do builder codes change the underlying market price?

They are an attribution mechanism and are separate from the Hyperliquid BBO execution reference.

Papertrade Docs · papertrade.market