Helix, the premier decentralized exchange built on Injective, is proud to launch the world’s first-ever perpetual market based on the hourly rental price of NVIDIA’s cutting-edge H100 GPU.
The H100 Perpetual is a fully on-chain derivatives market that lets you trade GPU usage like a financial asset. Squaretower aggregates pricing information across leading compute providers. A designated price feed, updated hourly, will provide real-time visibility into the current on-demand market rate for an NVIDIA H100 GPU hour.
Helix will turn that feed into perpetual contracts, enabling long or short exposure to GPU-hour pricing, with 5x leverage.
Get started here: https://helixapp.com/futures/h100-usdt-perp/
What is NVIDIA’s H100 GPU?
The NVIDIA H100 GPU is one of NVIDIA’s most advanced AI accelerators to date. Purpose-built for high-performance computing, deep learning, and generative AI workloads, the H100 delivers massive parallel processing power, making it the go-to chip for training large language models and running complex inference tasks.
With its cutting-edge architecture and support for features like the Transformer Engine and NVLink, the H100 has become the backbone of modern AI infrastructure used by enterprises, cloud providers, and research labs worldwide.
Access to NVIDIA H100 GPUs is typically rented by the hour through hyperscalers like Amazon Web Services, Google Cloud, and Microsoft Azure, or neoclouds and aggregators like RunPod or Lambda Labs. These platforms host H100s in large-scale data centers and charge based on usage time, often by the hour or second. Pricing can fluctuate significantly depending on demand and capacity, which is exactly what Helix’s NVIDIA H100 perp market is designed to track and make tradable.
H100 Perp Market Details
- Underlying asset: NVIDIA H100
- Quote asset: USDT
- Minimum price tick size: 0.001 USDT
- Minimum quantity step: 0.1
- Expire: Perpetual (no expiration)
- Leverage: 5X
- Fees: -0.005% maker fee; 0.05% taker fee
- Trading hours: 24/7/365
- Settlement: Continuous, with funding rate to align perp price with spot
How to Trade H100/USDT Perp on Helix?
In order to trade the H100/USDT perp market 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 H100/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
- Trade on Helix and earn points: 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 | Discord | 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.
Website | Telegram | Discord | Blog | Twitter | Learn | Youtube | Facebook | LinkedIn | Reddit | Instagram | Orbit Newsletter