The second round of the Hydro Protocol (HDRO) trading competition is now open! The Hydro Protocol team is sponsoring 50,000 HDRO tokens to Helix traders worldwide. In order to participate, users can join the Trading Competition to win exclusive rewards while trading on Helix.
Trade to Win 50,000 HDRO in Trading Competition
Following the first HDRO trading competition on Helix in March, the Hydro Protocol team is sponsoring another 50,000 HDRO in prizes for Helix traders via a volume trading competition. The competition starts on July 23, 2024 at 1PM UTC, and ends on August 6, 2024 at 1PM UTC.
Prize Pool
The top 20 traders in terms of the effective real volume of the HDRO/INJ trading pair will receive the corresponding reward in HDRO tokens as listed in the table above.
The trading competition will offer users the opportunity to trade on Helix in order to not only win prizes exclusive to this competition, but also to enjoy market leading rebates, zero gas fees, lightning fast speeds and best-in-class security.
Competition Details
- No sign-up is required. Only the transactions placed on the HDRO/INJ spot market on the Helix frontend will be counted.
- Only trades made within the competition period (July 23, 2024 at 1PM UTC to August 6, 2024 at 1PM UTC) will be eligible for the rewards.
- Rewards will be distributed as described in the tables above to the top 20 traders with the highest effective real volume they contribute.
- Trading volume counts both buys (long) and sells (short) during the competition period, excluding any wash trades.
- Winners will be announced by August 20, 2024.
HDRO-INJ Market Details
- Base asset: HDRO
- Quote asset: INJ
- Minimum price tick size: $0.000001 INJ
- Minimum quantity step: 10
- Fee: -0.01% maker fee; 0.1% taker fee
- Trading hours: 24/7/365
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.
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.