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Posted on Oct 22, 2023Read on Mirror.xyz

Helix introduces Pre-Launch Futures to give everyone access to new tokens

Helix, a leading decentralized exchange, today introduced Pre-Launch Futures, a new product that allows traders to trade future tokens that have yet to officially launch. This innovative offering levels the playing field and provides access to highly anticipated assets.

What is Pre-Launch Futures?

Pre-Launch Futures are futures markets created for tokens that have yet to debut. In effect, this allows users to trade on pre-launch markets that have traditionally only been available to early entrants, venture capitalists, or preferred parties. Helix aims to disrupt this closed system by providing decentralized trading of popular upcoming tokens prior to their official launch or listing on a public cryptocurrency exchange.

First Pre-Launch Futures Market

The first Pre-Launch Futures marketplace on Helix will feature the highly anticipated Celestia token (TIA), making Helix the first exchange to provide access to TIA to the public. Traders can now engage in leveraged trading of TIA futures.

Celestia (TIA)

Celestia is a modular consensus and data network designed to simplify the deployment of proprietary blockchains at minimal cost. Celestia claims to be one of the first modular blockchain networks and has raised $55 million in funding from leading funds such as Bain Capital Crypto and Polychain.

TIA is Celestia's native blockchain token. This token is used to secure the network through the Proof of Stake mechanism and pay transaction fees. It is also planned to implement a commission-burning mechanism similar to EIP-1559 on the Ethereum network. Celestia is expected to launch its token on major exchanges in the coming weeks.

Conclusion

With the Pre-Launch Futures Helix is changing the way we think about the future of crypto trading. This fully decentralized, community-built platform gives users the opportunity to participate in the most promising token launches. Helix invites traders and crypto-enthusiasts alike to experience this groundbreaking feature and become part of the decentralized trading revolution.