Axelar (AXL) perpetual futures are now available on Helix, the premier on-chain derivatives exchange built on Injective.
This marks the first time that AXL has become available within Injective and the broader Cosmos ecosystem.
Axelar is a blockchain that connects blockchains, offering robust cross-chain communication and establishing an “internet of blockchains” as a universal development platform. AXL is the native token that incentivizes decentralized verification of transactions on the Axelar network.
Helix is a decentralized derivatives exchange that 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 provides the optimal gateway to bring crypto trading to the masses.
Why Trade AXL Perpetual Futures on Helix?
There are many benefits to trading AXL perpetual futures on Helix, including:
- Low fees: Helix offers some of the lowest fees in the industry, with maker fees as low as -0.01% and taker fees as low as 0.1%.
- Fast speeds: Helix is built on Injective, a lightning-fast blockchain that can handle up to 10,000 transactions per second.
- Cross-chain capabilities: Helix is a cross-chain exchange, which means that you can trade AXL perpetual futures on Helix using a variety of different cryptocurrencies.
- Fully on-chain orderbook: Helix’s orderbook is fully on-chain, which means that it is transparent and auditable.
- Market-leading rebates: Helix offers market-leading rebates to traders, which can help you to increase your profits.
How to Trade AXL Perpetual Futures on Helix
To trade AXL perpetual futures on Helix, you will need to have USDT in your Injective Wallet. You can bridge assets from the Ethereum network to Injective or onboard with fiat using one of the fiat on-ramp providers such as Kado, Transak or Payfura.
Once you have USDT in your Injective Wallet, you can trade AXL perpetual futures on Helix by following these steps:
- Go to the AXL/USDT perpetual market on Helix.
- Choose the side you want to trade on, either Buy (Long) or Sell (Short).
- 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 your order is approved, you will be able to see your position in the open orders tab. You can also view your trading history and reward tracking on the Account page.
Conclusion
Helix is a great place to trade AXL perpetual futures because of its low fees, fast speeds, cross-chain capabilities, and market leading rebates. With Helix, you can trade AXL perpetual futures with up to 5x leverage and earn rewards for trading.
If you are looking to trade AXL perpetual futures, be sure to check out Helix!
Additional Information
In addition to the benefits mentioned above, Helix also offers a number of other features that make it a great choice for trading AXL perpetual futures, including:
- Advanced order types: Helix offers a variety of advanced order types, such as stop-loss orders and take-profit orders, which can help you to manage your risk and maximize your profits.
- Leverage: Helix offers leverage up to 5x, which allows you to amplify your gains and losses.
- Rewards: Helix offers rewards to traders for trading on the platform. Rewards are paid out in INJ, the native token of the Injective blockchain.
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.
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About Axelar
Axelar is a blockchain that connects blockchains, offering robust cross-chain communication and establishing an “internet of blockchains” as a universal development platform. AXL is the native token that incentivizes decentralized verification of transactions on Axelar network.
