Deposit and Withdraw USDC for Papertrade Trading

USDC moves into and out of Papertrade through a deterministic per-user address spanning HyperCore and HyperEVM.

Official Papertrade documentation · Updated November 5, 2026 · Canonical domain: papertrade.finance

Your Papertrade deposit address

The app derives a unique deposit address from the connected wallet. The same address space is visible across HyperCore and HyperEVM, while Papertrade credits supported deposits from the monitored HyperCore flow.

Supported USDC paths

The documentation describes direct Hyperliquid spot transfers, a guided HyperEVM route using canonical USDC, and supported Circle CCTP routes from selected chains.

Raw arbitrary ERC-20 transfers to the HyperEVM proxy are not treated as the normal monitored deposit path.

Withdrawing

Available balance can be withdrawn back to the user HyperCore spot account. Margin committed to open positions is not part of available withdrawal balance.

Technical flow

The underlying mechanism uses deterministic CREATE2 deposit proxies, a sweep and finalize flow and HyperCore writer actions.

Available balance vs committed margin

USDC committed as isolated margin is not the same as freely withdrawable balance. Before withdrawing, check whether open positions are using part of the account balance. Portfolio is the account-level view for this distinction.

Funding safety checklist

• Verify the official domain before copying any deposit address.
• Use the supported funding route shown by the application rather than sending arbitrary ERC-20 assets to a proxy.
• Confirm the intended network and asset before signing or transferring.
• Wait for the supported crediting flow to complete before assuming funds are available for margin.