Horizon Protocol Expands DeFi Platform with New Listings

Horizon Protocol, a pioneer in DeFi derivatives, has announced via Twitter the listing of XRP, Cardano (ADA), and Chainlink (LINK) on Horizon Futures. Approved through Horizon Improvement Proposal 16 (HIP-16), this strategic move aims to enhance user experience and broaden trading opportunities on the platform. The launch is scheduled for Thursday, allowing users to trade these cryptocurrencies with features like low fees, a user-friendly interface, and leverage up to 27.5 times.
This development follows the recent integration of Solana (SOL) and underscores Horizon Protocol’s commitment to expanding its offerings and involving the community in decision-making. The platform’s P2P model supports low fees, deep liquidity, and zero slippage, offering a versatile trading experience across various assets, including real-world commodities. These initiatives reinforce Horizon Protocol’s position as a leader in the DeFi derivatives market, promising innovative solutions and growth opportunities for users.