The Solana (SOL) spot market is live on Helix! This also marks the first time Solana (SOL) has become available to the broader Cosmos ecosystem.
You can now trade SOL spot market with market and limit orders on Helix, the premier on-chain derivatives exchange built on Injective. Read more below to find out more about Solana and the benefits of trading SOL on Helix.
Get started here: https://helixapp.com/spot/sol-usdcet
SOL Powered through Wormhole
Through the Wormhole integration, the Injective bridge has been integrated with Solana. Assets within the Solana network can be transferred to Injective, making Injective the primary getaway for Solana assets in the Cosmos ecosystem. Injective is natively able to connect to Ethereum, Cosmos, and a number of IBC-enabled chains. The integration with Wormhole added an additional 10 blockchains into Injective’s already interoperable network, including Solana, Avalanche, Algorand, BNB Chain, Fantom, Oasis, and Polygon. This allows the Injective Bridge to further expand its supported networks, providing users access to a wider array of assets and ecosystems.
How To Transfer Solana Assets
In order to begin trading SOL on Helix, you will need to have USDC or SOL in your Trading Account.
To deposit assets into your Injective Wallet, you can get started by depositing crypto assets through clicking the “Deposit” button under the “Portfolio” page on the navigation bar on Helix. Powered by the interoperable Injective blockchain, the Injective Bridge supports networks such as Ethereum, Cosmos and Solana.
Users can also onboard onto Helix using popular fiat currencies by clicking on the link on the top of the Helix homepage.
Once the assets reach Injective, you will be able to start trading the SOL/USDC market on Helix using SOL or USDC.
Why Trade SOL on Helix?
With a diverse array of upgrades and advanced enhancements, Helix is the only truly decentralized derivatives exchange created for the Cosmos community. Helix provides a completely unmatched exchange with advanced order types, a brand new Convert interface, trading histories, and reward tracking capabilities to 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 in the Cosmos ecosystem that supports Solana (SOL) asset and trading, and offers maker fee rebates and rewards, allowing users to earn with every trade.
What Is Solana?
Solana is a high-speed public blockchain built to enable scalable, user-friendly apps for the world. It is one of the most popular blockchains when it comes to DeFi, GameFi and NFT. SOL is the native asset of the Solana blockchain used for staking, transaction fees and governance.
SOL-USDC Market Details
- Base asset: SOL
- Quote asset: whUSDC
- Minimum tick size: $0.01 whUSDC
- Minimum quantity step: 0.01
- Trade and earn multiplier: 1X maker pts; 1X taker pts
- Fee: -0.01% maker fee; 0.02% taker fee
- Trading hours: 24/7/365
All new spot markets moving forward will be quoted in whUSDC.
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 protocol for building powerful exchange, DeFi, derivatives & Web3 applications.
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About Injective
Injective is a custom interoperable layer one blockchain for building powerful exchange, DeFi, derivatives & Web3 applications. Injective was created using the Cosmos SDK and is able to achieve instant transaction finality while sustaining lightning fast speeds. INJ is the native deflationary scarce asset that powers the Injective Protocol and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by Pantera Capital.
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About Solana
Solana is a high-speed public blockchain built to enable scalable, user-friendly apps for the world. SOL is the native asset of the Solana blockchain used for staking, transaction fees and governance. Solana is backed by first-tier venture capital firms such as a16z, Polychain, Multicoin Capital and Jump Crypto.