Decentralized Omni Network (OMNI) Pre-Launch Futures Listing on Helix

Decentralized Omni Network (OMNI) Pre-Launch Futures Listing on Helix

The OMNI Perpetual Market is now available on Helix! Traders are able to gain access to the Omni Network (OMNI) token prior to its official launch through Helix’s innovative product offering, Pre-Launch Futures! 

You can now trade OMNI Perps on Helix with leverage, the premier on-chain derivatives exchange built on Injective. Read more below to find out more about Pre-Launch Futures, Omni Network, the benefits of trading OMNI Perps on Helix, and a step-by-step guide on how to start trading.

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What Are Pre-Launch Futures?

A Pre-Launch Futures market offers users the opportunity to trade futures on tokens that have not launched yet. Traditionally, gaining access to assets before their official launch has been a privilege reserved for early contributors, VCs or wealthy insiders. Helix is aiming to disrupt this closed system by allowing the decentralized trading of popular upcoming tokens prior to their official launch or listing on a public cryptocurrency exchange. 

The inaugural listing on the Pre-Launch Futures platform featured the highly awaited Omni Network (OMNI) token. Now the OMNI Perpetual market emerges as the latest addition to Helix's Pre-Launch Futures, ushering in a dedicated market for the imminent OMNI token launch. 

What Is Omni Network (OMNI)?

Omni is an Ethereum-native interoperability protocol that establishes low latency communications between all Ethereum rollups. Omni offers a secure, performant, and globally compatible architecture that presents Ethereum as a single, unified operating system to both users and developers.

The native token, OMNI, is integral to Omni’s ecosystem, serving three primary functions: Acting as gas for transactions on the Omni EVM and cross-chain applications, facilitating a global gas marketplace for cross-rollup transactions, and enabling network decentralization by allowing stakeholders to vote independently of ETH. To learn more about OMNI’s tokenomics, click here


Why Trade OMNI Perps on Helix?

With Pre-Launch Futures, Helix is poised to redefine the future of crypto trading by offering a fully decentralized, community-driven platform that empowers users to participate in the most promising token launches. Helix invites traders and crypto enthusiasts to experience this revolutionary feature and become part of the decentralized trading revolution. 

With a diverse array of upgrades and advanced enhancements, Helix is the only truly decentralized derivatives exchange. Helix provides completely unmatched exchange, advanced order types, trading bots, an intuitive 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. 

OMNI/USDT PERP Market Details

  • Underlying market: OMNI
  • Quote asset: USDT
  • Minimum price tick size: $0.01 USDT
  • Minimum quantity step: 0.01 
  • Expire: Perpetual (no expiration)
  • Maximum leverage: 3X
  • Initial margin ratio: 33.0%
  • Maintenance margin ratio: 16.5%
  • Trade and earn multiplier: 1X maker pts; 1X taker pts
  • Fee: -0.01% maker fee; 0.1% taker fee
  • Trading hours: 24/7/365

How to Trade OMNI Perps on Helix? 

In order to trade OMNI Perps market on Helix, you will need to have USDT in your Injective Wallet. The first step is to bridge assets from the Ethereum network 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 Account 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 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 INJ to USDT by using the Swap feature if needed, and then you are all set to trade! 

Trade OMNI Perps on Helix

  • Go to the OMNI/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

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.

Website | Telegram | Discord | Blog | Twitter | Learn | Youtube | Facebook | LinkedIn | Reddit | Instagram | Orbit Newsletter

About Omni Network 

Omni is an Ethereum-native interoperability protocol that establishes low latency communications between all Ethereum rollups. Omni offers a secure, performant, and globally compatible architecture that presents Ethereum as a single, unified operating system to both users and developers.

Website | Twitter | Discord | Telegram | Blog | Github | Documentation