Helix: The Premier Decentralized Crypto Exchange

Ekechidesprado
3 min readJun 20, 2023

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As the Injective Labs ecosystem grows, Helix has recently undergone changes that have made it the go-to location for trading any on-chain asset with just one click. Helix is the biggest on-chain orderbook DEX currently operating in the Cosmos environment. Since Pyth has been added to the Helix testnet, synthetic assets like Gold (XAU) and Silver (XAG) have started to surface, and more genuinely decentralized RWAs (Real World Assets) powered by Injective will soon follow. Because of the new listings and features, a new user campaign with Aki Network, which aids in bringing on new users to trade on Helix, was able to get off to a good start.

Helix sent out a new feature called the PnL sharing card in addition to new listings that were accessible on the testnet. Users can quickly and easily communicate the performance of any position or market using the Profit and Loss (PnL) sharing card.

WHAT IS HELIX ?

Helix is the premier platform for trading unlimited cross-chain crypto assets and perpetual markets with market leading rebates. Helix represents a major evolution in the Injective dApp ecosystem to date, bringing forth a completely redesigned exchange, advanced order types, a brand new Convert interface, trading histories, and reward tracking.
It is powered by the interoperable Injective blockchain which can natively support a wide array of assets such as Cosmos, Ethereum, EVMOS and Moonbeam. Helix also features a simple portfolio to help organize and bridge assets via a host of crypto wallets, creating a seamless end-user experience for all traders.

Helix, according to Eric Chen, co-founder and CEO of Injective Labs, has been precisely developed to allow any user to trade crypto assets across both spot and perpetual markets."The trading environment is further aided by the institutional gateways we can open through our custom API, which was designed with top-tier financial firms in mind."

With the combination of advanced conditional orders and an intuitive Convert interface, Helix is aiming to break new ground with everyday and institutional traders alike.

WHAT EFFECT WILL THIS HAVE ON CURRENT USERS?

All traders who are currently utilizing any exchange dApp built on Injective will remain unaffected with respect to their wallet or transactions. As Helix is a fully decentralized exchange, all users have the same access to their assets and all current transactions will be visible on Helix. There are a range of new functionalities and options available on Helix.

HELIX CONVERT

Users are able to quickly transfer assets with the aid of Helix Convert. For example, clicking a button will change USDT into INJ. . The trade itself will take place on the Helix orderbook, but there won’t be any trading-related complications for the trader to cope with. Helix Convert’s goal is to make it simple for users to start trading on a standard exchange. Helix, of course, offers a lot more advantages than any other exchange available on the market right now because users may convert between a huge variety of cross-chain assets while maintaining full ownership of their existing assets.
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.

WHY TRADE ON HELIX ?

  • Minimal fees for maximum benefits and rewards : Helix offers zero gas fees, low taker fees and highly competitive maker fee rebates for the best trading experience amongst all exchanges.
  • Cross-chain assets and novel markets : Users can seamlessly transfer assets from Ethereum and Cosmos networks to trade popular markets as well as unique markets not available elsewhere.
  • Decentralized exchange with advanced order types : Enjoy trading spot and perpetual markets on the premier front-running resistant decentralized orderbook exchange using stop-loss and take-profit orders.

Note: Helix is able to provide maker rebates across a number of markets as approved via the Injective DAO.

Visit ⬇️
https://linktr.ee/injective
https://injective.com/
https://twitter.com/Injective_

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Ekechidesprado

Content creator, Crypto Analyst and Blockchain Ambassador