How PaperFlight works.

Boarding the WL

Everything happens in your passport, at the check-in desk on the WL page. No scrolling, no forms.

1. Claim your pass. On the WL page, hit CLAIM MY BOARDING PASS: the clones open your passport at the desk.
2. Connect your wallet. A browser extension, a mobile wallet or a WalletConnect QR code. We only read the wallet's public Hyperliquid PnL.
3. Sign. One free signature, no transaction, no gas. It prints your pass: seat, class, points and WL code.
4. Connect X · +200 pts. One click links your X account. No X sign-in? Post your pass with your code from a public account and paste the link.
5. Share. Post my pass and Invite my crew open a ready-made post with your class, your seat and your link.
6. Climb. Every fren who boards with your link moves you up. When your class climbs, your passport gets the UPGRADED stamp.

Your seat is your rank. Boarding groups set the order of the first real-money flights: A up to #100, B up to #1,000, C after #1,000.

Points and classes

Points set your seat and your class. Same points: the earlier wallet sits higher.

Cabin classes

1. Economyon joining
2. Premium Eco250 pts
3. Business600 pts
4. First Class1,000 pts
5. Private Jet2,000 pts

Every point moves your pass up a class. Your class is your $FLIGHT WL: the higher you fly, the better your spot. Paying from another wallet in the sale? Name it in the lounge: no signature needed, and you can change it until the WL closes.

Crew badges

A fren is on board once they joined with your link and connected their X. Badges go on your pass: Co-pilot at 3, Captain at 10, Squadron Leader at 25, Air Marshal at 50 on board.

Choose BTC or ETH, pick your side and your leverage, up to 1000x, then fly the live price curve. Cash out before your plane crashes. Or go blind and let the game pick the trade. Closes and liquidations follow Paper Trade's rules.

A liquidation ends your flight, not the game. Paper Trade mints $PAPER for your loss, 100 $PAPER per dollar lost; PaperFlight does not issue $PAPER. On top of it, PaperFlight adds a REKT chip for a jackpot spin and XP for your plane. In the demo, with fake dollars, a rekt flight shows the $PAPER it would mint and still counts for plane XP; REKT chips come with the jackpot.

Opens with the launch.

Your REKT chip is your next shot. A rekt flight earns one; redeem it for a bonus spin on the jackpot.

Possible rewards: ETH, USDC, bonus $PAPER, flight tickets and plane XP. Plane gear comes from Flight Chests, not from the jackpot.

A bonus flight ticket pays for a new flight. It is not a REKT chip, and not a Flight Gift. Bonus $PAPER depends on what Paper Trade allows. Odds, how the pool is funded and the final rewards are not set yet.

Gift a surprise flight. Your fren scratches the ticket, reveals a random trade and gets the result after a 5-minute flight. It is a social gift: not a REKT chip, and not the jackpot.

1. Make a link. Create a ticket and send the link to a fren.
2. Scratch. Your fren scratches the ticket: it draws the pair (BTC or ETH) and the leverage, on $10 of fake money.
3. Fly. Take-off is the next full minute, and the flight lasts exactly 5 minutes on live prices.
4. Land. The result is settled from Hyperliquid candles, then a card is ready to share: REKT, MOONSHOT or a landing.

Opens with the launch.

Your plane is yours for good: it levels up with XP, from Folded to Final Boss. Earn XP by playing and completing missions; sign in with the same wallet as your WL pass. Future plane upgrades will require both XP and staked $FLIGHT to unlock their perks (see $FLIGHT). Then equip your gear and bring your build into REKT Royale.

1. 1. Folded0 XP
2. 2. Creased150 XP
3. 3. Taped400 XP
4. 4. Hotshot800 XP
5. 5. Striped1,400 XP
6. 6. Twin Fold2,200 XP
7. 7. Foil Tip3,200 XP
8. 8. Hyper Wing4,500 XP
9. 9. Gold Leaf6,000 XP
10. 10. Final Boss8,000 XP

• +10 XP per flight of 10 seconds or more, up to 20 a day.
• +20 XP when a fren scratches your ticket, up to 5 a day.
• +25 XP per gifted flight that lands, up to 3 a day.

Opens with the launch.

Trade in the same arena as other pilots. Rivals crash out one by one: survive the market and the competition, and the last plane flying wins the shared USDC prize pool. Your plane from the Hangar is your build for the arena.

No jackpot win needed to enter. Entry, number of players, how the pool is split and fees are not set yet.

$FLIGHT is PaperFlight's token, planned on HyperEVM. Nothing in this section is live yet, and the details can still change.

Getting it. A sale opens to the WL first, and your cabin class sets your spot. Price and supply are not set yet; they will be announced on @PaperFlight_app.

Build your plane in the Hangar. Bring its perks into REKT Royale.

Token key

• $PAPER is Paper Trade's token, minted when you get liquidated on Paper Trade. PaperFlight does not issue it; it may show up as a jackpot bonus.
• $FLIGHT is the PaperFlight token, for staking, upgrades and Flight Chests.
• REKT chip is your entry to a bonus jackpot spin: a game chip, not a token to stake.

Loot. Equip. Upgrade. Trade.

Your plane evolves. Your gear is yours. Flight Gear will be collectible NFTs for your plane: burn $FLIGHT to open Flight Chests, equip your loadout, or combine duplicates to craft higher-tier gear.

• Equip. Up to 5 slots: wings, fuselage, scout, tail, charm. Every item will have a slot, a rarity, a level and a capped in-game effect.
• Craft. Combine duplicate items with $FLIGHT to craft a higher-tier piece. The items used and the $FLIGHT are burned.
• Trade. Transferable items will be available to list on OpenSea once the collection and trading integration are live.

Gear changes your plane in the game; it never protects a real trade from liquidation. Your XP and levels stay yours and are not sold with an item. Chest odds will be published before chests open. Prices, supply and recipes are not set yet, and no item is promised to sell or to keep a price.

Marketplace coming soon.