LIVE: Horizon Futures Now Live on Testnet!

Horizon Protocol
2 min readNov 28, 2023

We are excited to announce that Horizon Futures is now available for public testing on BNB Chain Testnet!

Performing a thorough test with community involvement is crucial for uncovering potential issues not visible during internal testing. We encourage everyone to explore Futures trading on the testnet and actively stress test it.

It’s important to note that this is not a finalized product; we eagerly anticipate ongoing improvements and addressing any bugs identified through public testing.

What’s Horizon Futures?

Horizon Futures are decentralized perpetual swap contracts that enable traders to take on long or short positions with leverage without the need to own the underlying assets, and these contracts have no expiration date. Unlike centralized futures exchanges, where the exchange maintains custody of assets and where traders trade against the exchange itself, Horizon Futures involves trading against the liquidity provided by the HZN community and self-custody is maintained.

Horizon Futures

Discover the important components that contribute to Horizon Futures Exchanges, ensuring a seamless trading experience for traders. Delve into our latest articles, where we explore the foundations of Horizon Futures, focusing on key elements such as Liquidity, Oracle/Fees, and Price Impact/Funding Rates.

Check out our latest tweets here to see some outstanding features:

Chart visualization:

- Buy and sell history

- View and close order directly

- View real-time liquidation zone

Trading:
- Low fees

- Smoothly place long & short order

- Reduced only order

Account Management:

- Track and visualize all your trading actions

Special thanks to the community members who contributed to early internal testing and provided valuable feedback, particularly emphasizing the importance of integrating the stop-loss and limit orders feature as part of risk management in Horizon Futures.

The implementation of the stop-loss and limit orders feature will take place after the mainnet launch for V2 and Horizon Futures Exchange.

Join our public testing today! Our goal is to collaborate with the community to enhance the product to the best possible standard.

Stay tuned for exciting testnet trading competitions!

Horizon Protocol is a DeFi platform that facilitates the on-chain trading of synthetic assets that represent the real economy. Horizon Protocol seeks to provide exposure to real-world assets risk/return profiles via smart contracts on the blockchain.

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