{"id":342683,"date":"2024-07-11T12:21:58","date_gmt":"2024-07-11T11:21:58","guid":{"rendered":"https:\/\/coinfomania.com\/?p=342683"},"modified":"2024-07-11T12:22:03","modified_gmt":"2024-07-11T11:22:03","slug":"horizon-protocol-confirms-xrp-cardano-and-chainlink-listings-on-futures","status":"publish","type":"post","link":"https:\/\/coinfomania.com\/horizon-protocol-confirms-xrp-cardano-and-chainlink-listings-on-futures\/","title":{"rendered":"Horizon Protocol Confirms XRP, Cardano, and Chainlink Listings on Futures"},"content":{"rendered":"\n<p><strong>Horizon Protocol has announced the approval of HIP-16, which opens the door to listing XRP, Cardano (ADA), and Chainlink (LINK) on Horizon Futures.&nbsp;<\/strong><\/p>\n\n\n\n<p>This move aligns with Horizon\u2019s mission to broaden its trading offerings and provide more diverse options for investors. <a href=\"https:\/\/blog.horizonprotocol.com\/blog-post\/get-ready-to-trade-xrp-ada-and-link-on-horizon-futures----hip-16-passed\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Starting <\/a>Thursday, the new listings will be available for trading, allowing users to take advantage of low fees and leverage up to 27.5x.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">New listings coming to Horizon Futures! \u26a1<br><br>Get ready to trade <a href=\"https:\/\/twitter.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$XRP<\/a>, <a href=\"https:\/\/twitter.com\/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ADA<\/a>, and <a href=\"https:\/\/twitter.com\/search?q=%24LINK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$LINK<\/a> with low fees and up to 27.5x leverage! <br><br>Set up your trading account today!  <a href=\"https:\/\/t.co\/BmBq5kea1A\">https:\/\/t.co\/BmBq5kea1A<\/a><\/p>&mdash; Horizon Protocol (@HorizonProtocol) <a href=\"https:\/\/twitter.com\/HorizonProtocol\/status\/1811065507207881152?ref_src=twsrc%5Etfw\">July 10, 2024<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>The approval of HIP-16 follows community input, showcasing Horizon\u2019s commitment to integrating user feedback in its decision-making process. By listing these well-established cryptocurrencies, Horizon aims to enhance decentralized access to synthetic assets that mirror real-world economic conditions.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-enhancing-decentralized-trading-strategies\"><strong>Enhancing Decentralized Trading Strategies<\/strong><\/h3>\n\n\n\n<p>Horizon Protocol&#8217;s decision to list <a href=\"https:\/\/coinfomania.com\/ripple-xrp-price-prediction-july-2024-ripple-vs-sec-case-this-week-could-change-everything\/\">XRP<\/a>, <a href=\"https:\/\/coinfomania.com\/why-is-cardano-ada-outperforming-the-market-today\/\">ADA<\/a>, and <a href=\"https:\/\/coinfomania.com\/chainlink-defies-market-turbulence-with-whales-strategic-moves\/\">LINK <\/a>is part of its broader strategy to enhance decentralized trading opportunities. The protocol emphasizes the importance of these additions in helping traders diversify their portfolios. These cryptocurrencies are well-recognized in the market, and their inclusion is expected to attract a broad user base.<\/p>\n\n\n\n<p>To ensure a smooth integration, Horizon has planned system adjustments that will allow for the seamless addition of these assets. The Horizon team will also closely monitor the performance of XRP, ADA, and LINK to inform future enhancements and listings and ensure that the platform remains responsive to market needs.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-leveraging-defi-for-real-world-assets\"><strong>Leveraging DeFi for Real-World Assets<\/strong><\/h3>\n\n\n\n<p>Horizon Protocol continues to leverage the peer-to-peer model to offer <a href=\"https:\/\/coinfomania.com\/defi-market-in-turmoil-as-tokens-plummet\/\">decentralized finance (DeFi)<\/a> traders enhanced liquidity, low fees, and zero slippage. This model allows traders to use swaps and perpetual futures for real-world assets (RWA), including fiat currencies and commodities. The addition of XRP, ADA, and LINK is seen as a natural progression in Horizon&#8217;s ongoing efforts to optimize the potential of DeFi derivatives in RWA.<\/p>\n\n\n\n<p>The protocol\u2019s focus on RWA trading is designed to bridge the gap between decentralized finance and the real-world economy, offering traders opportunities to engage with synthetic assets that reflect real-world value.<\/p>\n\n\n\n<p>The listing of XRP, ADA, and LINK follows Horizon\u2019s recent milestone of integrating Solana (SOL) after the approval of HIP-15 in late June. Solana\u2019s synthetic asset (zSOL) has garnered interest, and Horizon expects it to become the fourth largest asset on its spot exchange.<\/p>\n\n\n\n<p>Horizon\u2019s commitment to expanding its trading offerings and integrating high-demand assets underscores its goal of becoming a leading platform in the decentralized derivatives market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Horizon Protocol has announced the approval of HIP-16, which opens the door to listing XRP, Cardano (ADA), and Chainlink (LINK) [&hellip;]<\/p>\n","protected":false},"author":52,"featured_media":342720,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1280,5],"tags":[2195,1032,1281,2601,1798],"ppma_author":[1759],"class_list":["post-342683","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-defi-news","category-crypto-news","tag-cardano-2","tag-chainlink","tag-defi","tag-horizon-protocol","tag-xrp"],"acf":[],"authors":[{"term_id":1759,"user_id":52,"is_guest":0,"slug":"victor-muriki","display_name":"Victor Muriki","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/1c1862d1444b04b9e171e111cbd743b5?s=96&r=g","first_name":"Victor","twitter":"https:\/\/twitter.com\/VictorMuriki1","instagram":"https:\/\/www.instagram.com\/i.am_sheriff\/","linkedin":"https:\/\/www.linkedin.com\/in\/victor-muriki-0a5618253\/","user_url":"","last_name":"Muriki","facebook":"https:\/\/www.facebook.com\/profile.php?id=100086410154112","description":"Victor Muriki is an esteemed writer focused on cryptocurrency and finance, holding a Bachelor's in Actuarial Science. Known for his sharp analysis and insightful content, he has a strong command of English and is skilled at conducting in-depth research and ensuring timely delivery."}],"_links":{"self":[{"href":"https:\/\/coinfomania.com\/wp-json\/wp\/v2\/posts\/342683"}],"collection":[{"href":"https:\/\/coinfomania.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinfomania.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinfomania.com\/wp-json\/wp\/v2\/users\/52"}],"replies":[{"embeddable":true,"href":"https:\/\/coinfomania.com\/wp-json\/wp\/v2\/comments?post=342683"}],"version-history":[{"count":1,"href":"https:\/\/coinfomania.com\/wp-json\/wp\/v2\/posts\/342683\/revisions"}],"predecessor-version":[{"id":342735,"href":"https:\/\/coinfomania.com\/wp-json\/wp\/v2\/posts\/342683\/revisions\/342735"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinfomania.com\/wp-json\/wp\/v2\/media\/342720"}],"wp:attachment":[{"href":"https:\/\/coinfomania.com\/wp-json\/wp\/v2\/media?parent=342683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinfomania.com\/wp-json\/wp\/v2\/categories?post=342683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinfomania.com\/wp-json\/wp\/v2\/tags?post=342683"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/coinfomania.com\/wp-json\/wp\/v2\/ppma_author?post=342683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}