Injective

Today, Injective Pro has listed decentralized perpetual futures contracts for Stacks (STX). Stacks brings smart contracts to the Bitcoin network, making it possible for builders to build decentralized applications that benefit from Bitcoin’s security including DeFi, NFTs, DAOs, and other web3 applications.This marks one of the first Bitcoin-focused decentralized derivatives market on Injective Pro, allowing users to take part in new forms of trading strategies. You can now trade $STX with 5X leverage on an entirely decentralized order book with zero gas fees.Trading Pair: STX/USDT PERP<h2 id="header-0">Benefits of Trading on Injective</h2><ul><li>Long and short STX with 5X leverage</li><li>Decentralized order book (all of the pro functionalities of a CEX with none of the drawbacks)</li><li>Lightning Fast Speeds</li><li>Earn trading fee discounts through VIP tiers</li><li>Zero Gas Fees</li><li>Zero frontrunning</li><li>Zero MEV</li><li>Earn rewards with every trade</li><li>Own part of the exchange and determine its future via governance</li><li>Interact with the world of Cosmos IBC</li></ul>STX-USDT Perpetual Futures Market Details<ul><li>Underlying market: STX</li><li>Quote asset: USDT</li><li>Minimum Price Tick size: 0.001 USDT</li><li>Minimum Quantity Tick size: 0.01 STX</li><li>Expire: Perpetual (no expiration)</li><li>Maximum leverage: 5x</li><li>Initial margin ratio: 19.5%</li><li>Maintenance margin requirement: 5.00%</li><li>Trade and earn multiplier: 1X maker pts; 2.2X taker pts</li><li>Trading hours: 24/7/365</li></ul>If you have any questions please let us know on<a href="https://discord.gg/injective" rel="noopener noreferrer nofollow"> Discord</a>.Happy Trading nINJas!About StacksSecure smart contracts and apps for Bitcoin. The Stacks ecosystem is a collection of independent entities, developers, and community members working to build a user-owned internet on Bitcoin. The Stacks blockchain extends the design of Bitcoin to enable secure apps and predictable Clarity smart contracts without modifying Bitcoin itself, opening innovation on the network for the first time. The Stacks cryptocurrency (STX) is used as fuel for networking activity and contract execution and can be locked by STX holders via ‘Stacking’ to earn Bitcoin (BTC) rewards for supporting blockchain consensus. Stacks cryptocurrency was distributed to the general public through the first-ever SEC qualified token offering in US history.To learn more about Stacks visit: <a href="https://twitter.com/Stacks" rel="noopener noreferrer nofollow">Twitter</a>, <a href="https://www.linkedin.com/company/stacks-stx/" rel="noopener noreferrer nofollow">Linkedin</a>, <a href="https://discord.gg/YJQmpbUm" rel="noopener noreferrer nofollow">Discord</a>, Telegram<h2 id="header-1">New Listings</h2>One of the most common requests we receive from users is listing new assets on Injective Pro. We encourage all community members to propose new listings via<a href="https://hub.injective.network/governance" rel="noopener noreferrer nofollow"> Injective governance</a>. Ultimately, all INJ token holders have the power to list assets on exchanges built on Injective.Stay updated on all new listings by joining us on<a href="https://discord.gg/injective" rel="noopener noreferrer nofollow"> Discord</a>,<a href="https://www.twitter.com/&#64;InjectiveLabs" rel="noopener noreferrer nofollow"> Twitter</a> and<a href="https://t.me/joininjective" rel="noopener noreferrer nofollow"> Telegram</a>.<h2 id="header-2">Additional Resources</h2><ul><li><a href="https://injective.exchange/fee-discounts" rel="noopener noreferrer nofollow">Earn Trading Fee Discounts by Staking INJ</a></li><li><a href="https://hub.injective.network/trade" rel="noopener noreferrer nofollow">View All Exchanges Built on Injective</a></li></ul><img src="https://miro.medium.com/max/1400/0*CXXKzPxuG0ZJMQGk" />About InjectiveInjective is a custom interoperable layer one protocol for building powerful exchange, DeFi, derivatives &amp; Web3 applications. Injective was created using the Cosmos SDK and is able to achieve instant transaction finality while sustaining lightning-fast speeds. INJ is the native deflationary scarce asset that powers the Injective Protocol and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by Pantera Capital.<a href="https://injective.com/" rel="noopener noreferrer nofollow">Website</a> |<a href="https://t.me/joininjective" rel="noopener noreferrer nofollow"> Telegram</a> |<a href="https://discord.gg/injective" rel="noopener noreferrer nofollow"> Discord</a> |<a href="https://blog.injectiveprotocol.com/" rel="noopener noreferrer nofollow"> Blog</a> |<a href="https://www.twitter.com/&#64;InjectiveLabs" rel="noopener noreferrer nofollow"> Twitter</a> |<a href="https://blog.injectiveprotocol.com/tag/learn/" rel="noopener noreferrer nofollow"> Learn</a> |<a href="https://www.youtube.com/channel/UCN99m0dicoMjNmJV9mxioqQ" rel="noopener noreferrer nofollow"> Youtube</a> |<a href="https://www.facebook.com/injectiveprotocol" rel="noopener noreferrer nofollow"> Facebook</a> |<a href="https://www.linkedin.com/company/injective-protocol/" rel="noopener noreferrer nofollow"> LinkedIn</a> |<a href="https://www.reddit.com/r/injective/" rel="noopener noreferrer nofollow"> Reddit</a> |<a href="https://www.instagram.com/injectivelabs/" rel="noopener noreferrer nofollow"> Instagram</a> |<a href="https://weibo.com/7452104340/profile?rightmod&#61;1&amp;wvr&#61;6&amp;mod&#61;personnumber&amp;is_all&#61;1&amp;ssl_rnd&#61;1612829152.4355" rel="noopener noreferrer nofollow"> Weibo</a> | Orbit Newsletter

Decentralized Stacks (STX) Perpetual Futures Listing on Injective Pro

Table of Contents

Injective

Other articles published on May 18, 2022

Terra Buidlers, Come Build on Rock-Solid Foundations

Pawthereum & RadioShack Team Up on a Donation to Lovable Paws Rescue for National Pet Foster Care...

NEW UPDATE: NEW EARNING MODE IS COMING

Tyson Fury NFT ‘Lineal’ Sells for Almost $1 Million on HoDooi.com — One of the Highest Bidding Sp...

Every Way to Get Income In Everscale

The TRON Grand Hackathon 2022 Returns for Season 2

Join our free newsletter for daily crypto updates!