The POPCAT Perpetual Market is now available on Helix!
You can now trade the POPCAT/USDT perpetual market on Helix, the premier on-chain derivatives exchange built on Injective. Read more below to find out more about Popcat, the benefits of trading POPCAT perpetual futures on Helix, and a step-by-step guide on how to trade on Heilx.
Get started here: https://helixapp.com/futures/popcat-usdt-perp
What Is Popcat and the POPCAT Token (POPCAT)?
Popcat is a Solana based memecoin based on cat that pops. It is an Internet meme originating in October 2020, in a series of videos which showcase two images of a domestic short-haired cat named 'Oatmeal', where one image has its mouth closed and the other has its mouth open, with the second image being edited to give its mouth an 'O' shape.
To learn more about POPCAT tokenomics, please click here.
Why Trade POPCAT 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 POPCAT perpetual market alongside maker fee rebates, and new ways to earn with every trade.
POPCAT/USDT PERP Market Details
- Underlying market: POPCAT
- Quote asset: USDT
- Minimum price tick size: $0.0001 USDT
- Minimum quantity step: 1
- Expire: Perpetual (no expiration)
- Maximum leverage: 10X
- Initial margin ratio: 9.5%
- Maintenance margin ratio: 2.5%
- Fee: -0.01% maker fee; 0.05% taker fee
- Trading hours: 24/7/365
How to Trade POPCAT/USDT Perp on Helix?
In order to trade POPCAT/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 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 POPCAT/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.
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.
Website | Telegram | Discord | Blog | Twitter | Learn | Youtube | Facebook | LinkedIn | Reddit | Instagram | Orbit Newsletter
About POPCAT
The cat pops.