Helix, the premier decentralized exchange built on Injective, today launched the first-ever AI Index Perpetual Market (Ticker: AIX) on a crypto exchange - centralized or decentralized - marking one of the first instances of bringing traditional equities exposure on-chain.
AI is poised to change the trajectory of humanity, and now for the first time in history, traders can gain exposure to leading equities such as Nvidia and Palantir alongside the echelon of crypto AI assets via the AI Index Perpetual Market!
Read more below to find out more about AI Index, the benefits of trading AIX perpetual futures on Helix, and a step-by-step guide on how to trade on Helix.
What Is The AI Index and the AIX Token (AIX)?
The Helix AI Index (AIX) is the first financial instrument to offer investors risk-adjusted exposure to leading AI-related equities and crypto assets.
The borderless nature of Helix’s DEX makes it an ideal environment where investors, from all around the world, can attain exposure to gain exposure to the leading American AI Companies (NVDA, PLTR, ANIT, SMCI). The financial instrument adds needed diversification by layering on the leading open-source Crypto AI projects such as NEAR, TAO, RENDER and INJ to minimize the impact of poor performance of any specific asset within portfolios. Real-time updates combined with the availability of historical data enable investors to conduct in-depth trend and performance analysis, ensuring accurate, informed decision-making down to the seconds before they transact.
For professional managers and capital allocators, AIX serves as a benchmark to gauge the performance of their portfolios against a diversified AI portfolio that tracks both tokens and equities simultaneously. Additional information about index formulation can be found here.
Why Trade AIX Perps on Helix?
With a diverse array of upgrades, Helix 2.0 marks a significant milestone in the evolution of the protocol, introducing a host of cutting-edge features designed to enhance user experience and broaden trading capabilities. Helix provides completely unmatched exchange, trading bots, advanced order types, an intuitive Swap interface, individual profit and loss overview, and reward tracking to Injective users. Anyone can use Helix as a crypto cross-chain trading gateway with zero gas fees, best-in-class security, and lightning-fast speeds.
Helix is the first platform to support AIX perpetual market alongside maker fee rebates, and new ways to earn with every trade.
AIX/USDT PERP Market Details
- Underlying market: AIX
- Quote asset: USDT
- Minimum price tick size: $0.0001 USDT
- Minimum quantity step: 0.1
- Expire: Perpetual (no expiration)
- Maximum leverage: 5X
- Initial margin ratio: .181818
- Maintenance margin ratio: 2.5%
- Fee: -0.005% maker fee; 0.05% taker fee
- Trading hours: 24/7/365
How to Trade AIX/USDT Perp on Helix?
In order to trade AIX/USDT perp market on Helix, you will need to have USDT in your Injective Wallet. The first step is to deposit assets to Injective.
Option 1: Bridge USDT from Ethereum to Injective
- Go to Injective Bridge and connect your wallet;
- Select “Ethereum” from the dropdown menu as the origin source;
- Select “USDT” as the asset to transfer and make sure it has USDT balance;
- Enter the amount of USDT tokens you would like to transfer and click “Review Deposit” and “Confirm”;
- Once the transfer is completed, you can check the USDT balance in your Injective Wallet or the Balances page on Helix.
Option 2: Onboard with Fiat
- You can also onboard onto Helix using popular fiat currencies by selecting from one of the fiat on-ramp providers such as Mercuryo, Kado, Transak or Payfura.
- Choose your payment currency (e.g. USD) and enter the amount in fiat you would like to swap;
- Select Injective as the network to receive your payment amount;
- Follow the instructions and continue the steps;
- Once the transfer is completed, you can check the USDT balance in your Injective Wallet or the Balances page on Helix;
- Swap INJ to USDT by using the Swap feature if needed, and then you are all set to trade!
Trade on Helix
- Go to the AIX/USDT PERP market on Helix;
- Choose the side you want to trade on, either Buy (Long) or Sell (Short);
- Then choose the type of order you want to trade, from Market, Limit, or more advanced types;
- Enter the amount you want to trade and select your desired leverage;
- Submit your order and approve it with your wallet;
- Once the order is approved successfully, you will see a notification “Your order has been placed.”
Upcoming Listings
Moving forward, Helix will continue to expand the markets available for users. All community members can propose to bring new assets to Helix using the governance portal on the Injective Hub. Ultimately, all INJ token holders own Injective so the community has the power to bring new assets to the dApp ecosystem.
Stay updated on all new listings by joining Helix on Twitter and Telegram!
Useful Resources
- How to create your Injective wallet: Link
- Onboard onto Injective instantly with fiat: Link
- Transfer assets to Injective via Injective Bridge: Link
- A quick guide on how to make a trade on Helix: Link
- Earn trading fee discounts by staking INJ: Link
- Trade on Helix and earn points: Link
This article is for informational purposes only and is not financial advice or an endorsement of a particular project or application. Use of Helix is subject to Helix’s Terms and Conditions.
About Helix
Helix is the premier decentralized crypto exchange. Helix provides access to unlimited crypto assets and perpetual markets with market leading rebates. Best-in-class security, near zero fees, lightning fast speeds, cross-chain capabilities and a fully on-chain orderbook on Helix provide the optimal gateway to bring crypto trading to the masses. Helix is built on Injective, the interoperable layer one blockchain for building powerful exchange, DeFi, derivatives & Web3 applications.
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About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native token that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
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About AIX
The Helix AI Index futures market is a unique product for helping investors track portfolio performance in one of the hottest sectors blending tech and crypto. It serves as a benchmark to gauge the performance of their portfolios against a diversified AI portfolio that tracks both tokens and equities simultaneously.