global 711 crypto positive
Helix, the premier decentralized orderbook exchange built on Injective, has announced the launch of Helix Institutional, a permissioned, KYC-enabled environment for trading DeFi derivatives products. This initiative aims to bring decentralized trading to prominent institutions, allowing them to access the benefits of a DEX while adhering to regulatory frameworks. The most popular markets on Helix include Bitcoin (BTC), Ethereum (ETH), Cosmos (ATOM) and Injective (INJ) perpetuals. Institutions will also find on-chain indices, real world asset (RWA) and FX markets. Helix utilizes Injective, an L1 built specifically for finance, in order to operate its DEX. Injective offers benefits to its dApps, such as frontrunning resistance through its Frequent Batch Auction (FBA) model which eliminates the possibility for MEV. All components of the trade, from order matching to execution, occur on-chain, allowing every single step to be readily monitored.The launch of Helix Institutional arrives as demand for permissioned and compliant DeFi applications continues to rise. It offers institutions the opportunity to capitalize on a wide-array of featured offerings, including advanced order types, leverage and access to cross-chain assets.Helix Institutional is set to launch with a number of prominent early traditional finance and Web3 partners, including Pyth, IMC Trading, Anti Capital and Wormhole. These collaborative efforts aim to provide institutions with unparalleled on-chain liquidity and exposure to innovative financial products.The launch of Helix Institutional represents a significant milestone in the evolution of decentralized trading. It stands poised to facilitate a seamless transition for institutions into this dynamic ecosystem.

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Information Details
Geography Global
Countries
Sentiment positive
Relevance Score 10
People Marc Tillement,, Chris Choi
Companies IMC Trading, Anti Capital, Injective, Pyth, Wormhole
Currencies Cosmos Hub, Ethereum, Injective, Bitcoin
Securities None

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