AI Trading Phase 1 Goes Live on Horizon Futures Testnet

Horizon Protocol
4 min readOct 17, 2024

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We’re excited to announce that Phase 1 of AI trading is now live on Horizon Protocol’s Decentralized Perpetual Futures Exchange testnet. With the integration of advanced AI-driven models and significant platform updates, whitelisted users can now experience the future of trading on our testnet.

Key Highlights of This Release

Introducing AI-Powered Trading Models

Our platform now features three advanced AI models designed to give traders a competitive edge by analyzing market data in real time, detecting trends, and providing timely trading signals. In partnership with Phoenix’s Alphanet, these innovative models aim to enhance the efficiency and profitability of decentralized derivatives trading.

ViperAI Trading Signal
ViperAI offers real-time momentum signals that work across multiple trading pairs like BTC and ETH. This cutting-edge system is designed to identify optimal entry and exit points by analyzing market trends and price movements. With its advanced algorithms, ViperAI helps traders capitalize on momentum shifts, enabling more informed trading decisions.

To effectively manage risk, it is recommended to set a 2% stop-loss. Ultimately it’s the user’s responsibility to implement this based on their individual trading strategies.

Minima/Maxima AI Model
The Minima/Maxima model is designed to help traders pinpoint key market highs and lows by accurately predicting support and resistance levels. Using advanced machine learning, this model analyzes order flow and taker volume in real time, providing precise alerts for more strategic long or short positions. By continuously scanning the market for critical price points, Minima/Maxima equips traders with the insights needed to execute smarter trades and stay ahead of market trends.

WaveML AI Model
WaveML is designed to detect market inefficiencies by identifying structural shifts in price, volume, and volatility patterns. Using advanced AI, it spots wave formations that signal potential trading opportunities, offering traders the precision to act quickly. This model excels in predicting volatile market conditions, helping traders navigate rapid fluctuations and capitalize on profitable shifts. With WaveML, traders gain a strategic edge in high-impact market environments.

This marks the launch of AI-powered prep trading! Over time, we’ll be adding more AI signals and indicators to enhance Horizon Protocol’s futures exchange, making it even more powerful and intuitive for traders.

Fear & Greed Index Integration

We’re also introducing a Fear & Greed Index to assess overall market sentiment. This tool indicates whether the market is experiencing fear (which may signal potential buying opportunities) or greed (which could suggest potential sell signals). By combining this sentiment analysis with our AI models, you can gain an even sharper trading edge.

Enhanced User Interface

Along with these innovative AI models, we’ve introduced several key improvements to the DApp’s UI to enhance your trading experience. The updated interface provides smoother navigation and greater accessibility to important features, making it easier for you to manage your trades effectively. With a redesigned layout, you can seamlessly use the AI-driven tools and integrate them into your strategies, enhancing your trading precision and efficiency.

Get Whitelisted and Provide Feedback

To celebrate this milestone, we’re opening up whitelisting for Phase 1. This exclusive testnet is available only to whitelisted addresses, giving you a chance to be among the first to test AI-powered trading in a real-world environment.

We’re eager to hear from you! As part of the whitelisting process, we invite you to share your feedback on the AI models and overall trading experience. Your insights will help us refine and improve the platform ahead of future phases, where we’ll introduce even more advanced AI-driven features.

Fill out the survey to get whitelisted for the AI trading testnet and be among the first to experience the future of decentralized trading first-hand!

What’s Next?

This is just the beginning. In future updates, we’ll introduce additional AI trading signals and enhance the platform based on your feedback. Horizon Protocol is committed to pushing the boundaries of what’s possible in decentralized derivatives trading.

We can’t wait for you to try these new features and help shape the future of AI trading on Horizon Protocol.

Stay tuned for more updates, and as always, happy trading!

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Horizon Protocol
Horizon Protocol

Written by Horizon Protocol

A Decentralized Derivatives Trading & Liquidity Protocol. https://horizonprotocol.com/

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