Lute Partners With PaperTrench to Fund Successful Paper Traders

Social trading platform lute announced a partnership with @PaperTrench_ on Aug. 10, creating a path for new traders to move from risk-free paper trading to funded real-money accounts.

Through the partnership, users can simulate trades on PaperTrench and, by proving themselves as paper traders on Lute, qualify for accounts funded with real money. Trading through the integration went live on Aug. 10.

Lute is a social trading platform built within the Abstract blockchain ecosystem that allows users to trade alongside friends, broadcast trading calls, and monitor wallet and signal data in real time. The PaperTrench integration targets newcomers who want to learn without risking capital.

The collaboration was also highlighted by @OnlyTerp, who noted that winning PaperTrench traders would receive real funding from Lute. The announcement follows Lute's early-August rollout of fees on token calls, which lets users earn when others buy tokens based on their recommendations.