
Injective Perps (Helix)
Not enough dataInjective Perps (Helix) is a decentralized perpetual futures exchange on Injective. Trading model: On-chain order book.
Injective Perps (Helix) at a glance
- Launched
- Not verified yet
- Trading fees (base tier)
- Not verified yet
- Maximum leverage
- 100× source ↗'typically 25x for equities, 50x for commodities, and 100x for FX'; chain API initial_margin_ratio on FX perps is about 0.0099 (about 101x); pre-IPO/index perps 5x
- Perp markets
- Not verified yet
- Collateral
- Not verified yet
- KYC
- Not required source ↗sign-up via email/Google SSO (auto-created wallet) or a Web3 wallet; no KYC step in the docs
- Restricted regions
- US Persons (perpetual contracts), Canadian Persons, UK Persons, Afghanistan, Burundi, Central African Republic, Cuba, Democratic Republic of the Congo, Eritrea, Guinea-Bissau, Iran, Iraq and 15 more source ↗Terms and Conditions, last updated 3.25.2025, sections 2.1.3-2.1.6 (the page text is rendered from the app's JS bundle terms-DQAbzQsF.js)
- Audits
- Not verified yet
- Incidents
- None found in official sources
- Points program
- Not verified yet
- Referral program
- Yes; no fixed benefit for the referred trader is confirmed source ↗the referee rebate amount is not stated; referrers (allowlisted) receive 40% of referees' trading fees
From Injective Perps (Helix)’s own documentation, terms, API or official posts, checked 08 Oct 2026. Terms change; confirm on the venue before trading. “Not verified yet” means we could not confirm it from an official source.
Injective Perps (Helix) trend: Not enough data
No metric has enough comparable history on a sufficient base yet. The label counts metric directions; it is not a score and not investment advice.
Rank by open interest: #46 now · #40 30 days ago · #37 90 days ago (among venues reporting that day)
| Metric | 30 days | 90 days | Coverage | Reading |
|---|---|---|---|---|
| Open interest | -6.5% | +56.2% | 100% | Base too small for a reliable direction |
| User fees | — | — | — | Not enough daily history yet |
| Trading volume | — | — | 2% | Not enough daily history yet |
Thresholds: open interest ±25%, fees ±30%, volume ±40% over 30 days; the 90-day move must agree at half the threshold. Incentive campaigns can lift activity temporarily.
Activity over time
Open interest · daily
DefiLlama daily open interest · 180 days · 11 Apr 2026 – 07 Oct 2026
Gaps are not joined. The scale starts near the series minimum, not at zero.
24h volume · daily capture
CoinGecko rolling 24h volume, one capture per UTC day
Injective Perps is a fully on-chain derivatives protocol on Injective.
Project description as listed on DefiLlama
Injective Perps (Helix): common questions
What is Injective Perps (Helix)’s open interest?
Injective Perps (Helix) had $1.50M of open interest according to DefiLlama on 08 Oct 2026 · 12:17 UTC, ranking #46 of 91 perp DEXs we track by open interest. That is 0.0% of the combined open interest of the tracked venues.
How much volume does Injective Perps (Helix) trade per day?
CoinGecko reported $60.46M of rolling 24-hour volume for Injective Perps (Helix) on 08 Oct 2026 · 12:16 UTC. Venue-reported volume is not independently audited. The volume is more than 25 times open interest, so treat it with caution.
Is Injective Perps (Helix) growing?
Our current reading is “Not enough data”. Average open interest over the last 30 days changed -6.5% versus the prior 30 days. The reading updates daily and requires sufficient history and a minimum base.
Does Injective Perps (Helix) have a token?
INJ is the token of Injective Perps (Helix)’s underlying chain. It is not evidence that perp trading revenue reaches INJ holders. It traded at $7.32 on 08 Oct 2026 · 12:15 UTC (CoinGecko).
What is the maximum leverage on Injective Perps (Helix)?
Up to 100× on some markets, according to Injective Perps (Helix)’s documentation. Most markets allow less.
Does Injective Perps (Helix) require KYC?
Not required, based on Injective Perps (Helix)’s terms and sign-up flow. Access rules can change by country.
Does Injective Perps (Helix) have a referral program?
Yes; no fixed benefit for the referred trader is confirmed.
Sources and capture details
- DefiLlama oi history for listing “injective-perps”, fetched 08 Oct 2026 · 12:17 UTC, SHA-256
5592f9aca47d7aff… - CoinGecko derivatives exchange id(s): injective_futures
Open interest and fees: DefiLlama, captured 08 Oct 2026 · 12:17 UTC. 24h volume: CoinGecko derivatives exchange data (rolling 24 hours, converted from BTC), captured 08 Oct 2026 · 12:16 UTC. Token prices and 30-day price change: CoinGecko, at the time shown on each venue page; a parent-project or chain token is labelled and is not evidence of a claim on exchange revenue. Changes compare the last 30 days with the previous 30 days (OI as a daily average, fees as a total) and need at least 95% daily coverage. A trend label needs the 30-day move to pass a threshold (OI ±25%, fees ±30%) on a minimum base (OI ≥ $5M, fees ≥ $100K per 30 days); with 90 days of history both horizons must agree. Venue-reported volume is not audited; ⚑ marks volume above 25× open interest. “—” means unavailable, never zero. Full method ↗
