Injective

<p>To celebrate the the long awaited Ethereum Merge, Helix has listed the first ever ETH Merge Futures!</p><p>The Ethereum Merge is set to occur sometime before September 19, 2022. This will transform Ethereum from a Proof-of-Work (PoW) blockchain to a Proof-of-Stake (PoS) blockchain, bringing forth an entirely new paradigm in the world of crypto. As a result, the expiration date of the futures contract will be set to approximately 4:00 PM UTC on September 19, 2022.</p><p><a href="https://helixapp.com/" rel="noopener noreferrer nofollow">Helix</a> is the only destination to trade entirely decentralized ETH Merge Futures. With a diverse array of <a href="https://blog.injective.com/helix-live-on-injective/" rel="noopener noreferrer nofollow">upgrades and advanced enhancements</a>, Helix brings a completely unmatched exchange, advanced order types, a brand new Convert interface, trading histories, and reward tracking to crypto users globally. Anyone can use Helix as a crypto cross-chain trading gateway with zero gas fees, best-in-class security, and lightning-fast speeds.</p><p><strong>Start Trading <a href="https://helixapp.xyz/3U1NSyI" rel="noopener noreferrer nofollow">here</a></strong></p><h4><strong>ETH-USDT Futures Market Details</strong></h4><ul><li>Underlying market: ETH</li><li>Quote asset: USDT</li><li>Minimum Price Tick size: 0.05 USDT</li><li>Minimum Quantity Tick size: 0.01 ETH</li><li>Expiry Datetime: 4:00 PM UTC on September 19, 2022</li><li>Maximum leverage: 5x</li><li>Initial margin ratio: 19.5%</li><li>Maintenance margin requirement: 5.00%</li><li>Fee structure: -0.01% maker; 0.01% taker</li><li>Trade and earn multiplier: 1X maker pts; 2.2X taker pts</li></ul><h4><strong>What is the Ethereum Merge?</strong></h4><p>The Etheruem Merge represents the shift of the Ethereum network from a Proof-of-Work to (PoW) blockchain to a Proof-of-Stake (PoS) blockchain. The merge has been six years in the making and is expected to reduce energy consumption by over 99% relative to the prior PoW model.</p><h4><strong>What is a futures contract?</strong></h4><p>A futures contract is a financial arrangement to purchase or sell a specific asset at a fixed price at a designated time in the future. When trading occurs, buyers and sellers are actually trading a contract, not an asset which means you do not actually have to hold custody of the underlying asset itself.</p><p>You can freely trade the futures until the expiration date at which point the contract would be permanently settled.</p><h4><strong>What are ETH Merge Futures?</strong></h4><p>ETH Merge futures allow traders to essentially place bids on the future price of ETH. This enables users to place their beliefs on the future market in order to trade.</p><p>By the expiration date of September 19, 2022 the ETH merge should be completed, allowing the contract to be officially settled.</p><h4><strong>Why Trade ETH Merge Expiry Futures on Helix?</strong></h4><p>On Helix, users will be able to trade ETH Merge Futures with zero gas fees and lightning fast speeds. You can trade futures in a fully decentralized orderbook environment where order matching and settlement occurs on-chain. This means your assets are always in your control.</p><p>Helix is the first fully decentralized exchange to bring ETH Merge futures to the interchain ecosystem and the broader world of crypto. Helix is natively integrated with IBC and offers zero gas fees when bridging assets over from Ethereum. Helix also offers maker fee rebates and rewards, enabling you to earn with every trade.</p><p>Here is a quick guide on how to trade futures on Helix with advanced orders: <a href="https://youtu.be/hgM6Z7YqnDk" rel="noopener noreferrer nofollow">Link</a></p><h4><strong>Upcoming Listings</strong></h4><p>Moving forward, Helix will continue to expand the markets available for users. All community members can propose to bring new assets to Helix using thegovernance portal on the <a href="https://hub.injective.network/governance/" rel="noopener noreferrer nofollow">Injective Hub</a>. Ultimately, all INJ token holders own Injective so the community has the power to bring new assets to the dApp ecosystem with the help of the DAO.</p><p>Stay updated on all new listings by joining Helix on <a href="https://twitter.com/HelixApp_" rel="noopener noreferrer nofollow">Twitter</a> and <a href="https://t.me/helixapp" rel="noopener noreferrer nofollow">Telegram</a>!</p><h4><strong>Additional Resources</strong></h4><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>

Decentralized ETH Merge Expiry Futures Listing on Helix

Injective

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