Decentralized HDRO/INJ Spot Market Listing on Helix

Decentralized HDRO/INJ Spot Market Listing on Helix

The HDRO/INJ spot market is available on Helix! You can now trade HDRO/INJ spot market with market and limit orders on Helix, the premier on-chain crypto exchange built on Injective. Read more below to find out more about Hydro Protocol, the benefits of trading HDRO on Helix, and a step-by-step guide on how to trade on Heilx.

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What Is Hydro Protocol (HDRO)?

Hydro Protocol is an innovative infrastructure protocol on Injective, providing robust liquidity solutions. It focuses on LSD+LSDFi products, offering Real Yield Assets (RYA) for diversified yield exposure, combining real world and crypto assets. 

HDRO is Hydro Protocol’s primary utility token. It can be used for a few scenarios including staking, governance and incentives. HDRO stakers are entitled to a share of 30% total revenue share and governance rights to vote on the strategic direction of Hydro Protocol. In addition, users can earn HDRO rewards for farming and providing liquidity. 

Why Trade HDRO on Helix

With a diverse array of upgrades and advanced enhancements, Helix is the only truly decentralized derivatives exchange. Helix provides completely unmatched exchange, trading bots, advanced order types, a brand new Swap interface, trading histories, 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 HDRO/INJ spot market within the Cosmos ecosystem alongside maker fee rebates, and new ways to earn with every trade.

HDRO-INJ Market Details

  • Base asset: HDRO
  • Quote asset: INJ
  • Minimum price tick size: $0.000001 INJ
  • Minimum quantity step: 1
  • Trade and earn multiplier: Ineligible
  • Fee: -0.01% maker fee; 0.1% taker fee
  • Trading hours: 24/7/365

How to Trade HDRO/INJ on Helix? 

In order to trade the HDRO/INJ spot market on Helix, you will need to have either HDRO or INJ in your Injective Wallet. The first step is to deposit assets to Injective.

Option 1: Get INJ onto Injective

  • First, get yourself an Injective wallet. Go to Helix and connect your wallet. Once you connect, an INJ wallet address will automatically be assigned to your crypto wallet. You will be able to view and copy it from the top right-hand corner of the page;  
  • One way to get INJ in your Injective wallet is through any of the exchanges that list INJ, including but not limited to, Binance, Coinbase, OKX and Gemini. Please check the major exchanges list here
  • If the exchange has integrated Injective mainnet (e.g. Binance), you can withdraw INJ token and enter the Injective wallet address you copied from Helix, and ensure the matched network is INJ (Injective); 
  • If the exchange has not integrated with Injective mainnet yet, you can withdraw INJ token to your Ethereum wallet first and bridge it to Injective. For a step-by-step tutorial, please visit here for full details;
  • Once the transfer is completed, you can check your INJ balance via the Injective Wallet or Account page on Helix.

Option 2: Claim HDRO via Mito Launchpad 

  • If you have participated in the HDRO token sale on Mito launchpad, you can claim a share of your allocation after the subscription ends;
  • Claim your HDRO tokens and check the balance via the Injective Wallet or Account page on Helix.

Option 3: 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 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 transaction is completed, you will see the USDT or INJ balance on Injective Wallet or Account page under Helix;
  • Swap USDT to INJ by using the Swap feature if needed.

Trade HDRO/INJ on Helix 

After you successfully have HDRO or INJ assets on Injective, you are ready to trade!

  • Go to the HDRO/INJ spot market on Helix;
  • Now you can buy HDRO using INJ, or sell HDRO to get INJ;
  • On Helix, you can choose the type of order, either Market or Limit order;
  • Enter the amount you want to Buy or Sell, 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
  • Trade and Earn on Helix: Link
  • Earn trading fee discounts by staking INJ: 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 the 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 Hydro Protocol 

Hydro Protocol is an innovative infrastructure protocol on Injective, providing robust liquidity solutions. It focuses on LSD+LSDFi products, offering Real Yield Assets (RYA) for diversified yield exposure, combining real world and crypto assets. 

Website | Twitter | Telegram| Blog