Celebrate! Horizon Protocol’s New Features Are Here!
Horizon Protocol has reached a significant milestone with the introduction of their latest version, bringing essential functionalities to the platform. The new features include the Futures Account Management System (FAMS) that allows traders to make use of conditional orders, cross-market margin management, and execute multiple commands in a single transaction. Here’s a breakdown of the exciting new developments:
Futures Account Management System (FAMS)
- The FAMS is a revolutionary smart contract system built on top of the core Horizon Protocol Perpetual Futures contracts.
- It utilizes Uniswap’s Universal Router to enable multiple commands to be executed simultaneously, enhancing user experience and efficiency.
Limit Orders
- Traders can now set specific prices at which they want to buy or sell assets, ensuring more control over their trades.
Stop Orders
- Stop orders are now available, allowing traders to automatically execute orders when the market reaches a predetermined price level.
Take Profit / Stop Loss Orders
- Traders can set target prices for taking profit or cutting losses, providing a proactive approach to risk management.
Cross Market Margin Management
- This feature allows traders to view their account status across multiple markets and manage margin efficiently.
Automation
- Through Gelato’s automated task execution system, traders can automate conditional orders, saving time and effort.
Experience Horizon Futures Testnet V2 Today!
If you’re eager to try out these new features, you can access the Horizon Futures Testnet V2 today. Simply visit the testnet platform and switch your wallet to Arbitrum Testnet to get started. Don’t forget to join the Telegram or Discord communities to share your feedback and experiences with the Horizon Protocol team.
What’s Coming Up?
- Horizon Protocol recently commemorated its three-year anniversary with a special merchandise giveaway for its users.
- They will also be hosting a trading competition with a 2000 PYTH reward pool to incentivize traders to engage with the Horizon Futures Testnet.
About Horizon Protocol
Horizon Protocol is a decentralized derivatives trading and liquidity protocol that offers access to synthetic assets representing real-world economies. With a focus on user-friendly interfaces and educational resources, Horizon Protocol aims to empower DeFi traders with seamless trading experiences and deep liquidity.
Hot Take: Dive Into the Future of DeFi Trading with Horizon Protocol!
Don’t miss out on the opportunity to explore the latest developments in DeFi trading with Horizon Protocol. With the introduction of the Futures Account Management System and other innovative features, Horizon Protocol is paving the way for a more efficient and user-centric trading experience in the world of decentralized finance. Get ready to take your trading to new heights with Horizon Protocol!
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