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Decentralized XION (XION) Pre-Launch Futures Listing on Helix

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

You can now trade XION 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, XION, the benefits of trading XION Perps on Helix, and a step-by-step guide on how to start trading.

Get started here: https://helixapp.com/futures/xion-usdt-perp/

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.

What Is XION (XION)?

XION is the first blockchain purpose built to empower you to create consumer-ready applications. It simplifies Web3 for developers and consumers alike, with a Chain Abstraction solution ensuring frictionless, scalable applications for everyone. To learn more about XION, the whitepaper is available here.

Why Trade XION Pre-launch 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 a XION pre-launch perpetual market alongside maker fee rebates, and new ways to earn with every trade.

XION/USDT PERP Market Details

Underlying market: XION
Quote asset: USDT
Minimum price tick size: $0.001 USDT
Minimum quantity step: 0.1
Expire: Perpetual (no expiration)
Maximum leverage: 5X
Initial margin ratio: 19.5%
Maintenance margin ratio: 9.5%
Fee: -0.005% maker fee; 0.05% taker fee
Trading hours: 24/7/365

How to Trade XION Perps on Helix?

In order to trade XION/USDT pre-launch futures 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 XION/USDT PERP 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. Ul imately, 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.

Website | Telegram | Twitter | Blog

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.

About XION

Website | Twitter | Discord | Whitepaper

Decentralized XION (XION) Pre-Launch Futures Listing on Helix