Helix Introduces Pre-Launch Futures for Trading Upcoming Tokens
Helix, the decentralized order book exchange built on the Injective blockchain, has announced the launch of pre-launch futures. This new feature allows users to trade upcoming tokens before they are officially launched or listed on exchanges.
The first token to be featured in the Helix pre-launch futures market is Celestia (TIA). Helix will be the first exchange to offer public access to TIA through its perpetual market, with listings on major exchanges expected in the future.
Typically, access to highly anticipated crypto tokens before their public launch is limited to early backers, venture capitalists, and insiders through complex derivatives and OTC deals. Helix aims to disrupt this system and democratize trading access to pre-launch cryptocurrencies through its community-driven decentralized platform.
Celestia Token Airdrop
One of the tokens available for pre-launch futures trading is Celestia, which recently conducted an airdrop. The airdrop process concluded with over 190,000 claimants, and the distribution of tokens will take place in the coming days.
Celestia Labs, the developer behind Celestia, is a modular blockchain network that raised $55 million in funding from investors like Bain Capital Crypto and Polychain. The project has a valuation of $1 billion.
Helix Institutional: A Platform for Institutions
In addition to its retail-focused decentralized derivatives trading products, Helix introduced Helix Institutional in August. This platform is dedicated to institutions and prioritizes security and compliance. Only KYC-verified and whitelisted addresses are allowed to engage in trades on Helix Institutional.
Hot Take: Disrupting Pre-Launch Token Trading
Helix is revolutionizing the way pre-launch tokens are traded with its introduction of pre-launch futures. By allowing the general public to access and trade upcoming tokens, Helix is democratizing the trading process and challenging the traditional system that favors early backers and insiders. With the launch of Celestia (TIA) as the first token in its pre-launch futures market, Helix is paving the way for more inclusive and accessible cryptocurrency trading. Additionally, the project’s commitment to security and compliance through platforms like Helix Institutional demonstrates its dedication to providing a safe trading environment for both retail users and institutions.
By
By
By
By
By