Helix Debuts AI Index Perpetual Market, Bridging Crypto And Traditional Equities On-Chain

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Zinger Key Points
  • Chen said the need for DeFi to move towards shared liquidity models and that Injective can help that due to its interoperability.
  • The Stork Oracle updates the index’s pricing monthly, automatically rebalancing based on real-time market dynamics and positions.

Helix, a decentralized exchange built on Injective INJ/USD, has launched an AI Index Perpetual Market, a product that allows investors to gain on-chain exposure to both AI-focused crypto tokens and traditional equities.

This launch marks a significant step in bringing traditional financial instruments into the decentralized finance (DeFi) space by offering exposure to a curated selection of ten AI tokens and six AI equities, such as NVIDIA NVDA and Taiwan Semiconductor TSM.

The Helix AI Index futures market is designed to help investors track portfolio performance in a sector that is blending both tech and crypto.

The AI index ensures that no single asset dominates, and by diversifying between both crypto tokens and traditional equities, the risk of poor performance from any one asset is reduced.

Real-time updates and historical data also enables investors to more accurately track trends and inform their investment decisions.

Meredith Pitkoff, CEO and Co-founder of Stork Labs said, “Products like the Helix AI Index are what decentralized finance was conceived for," adding that, "Collaborating on this index is also our first foray in creating a product that combines equity and crypto markets together into one aggregate index.”

The Stork Oracle powers the Helix AI Index, which is adjusted on a monthly basis to reflect current market positions.

Stork initially determines the index's value from data gathered from centralized market's crypto tokens, then assigns the price based on each asset's market capitalization.

The index's weights will then automatically rebalance based on real-time market dynamics.

Also Read: CME Group Expands Crypto Offerings With Options On Bitcoin Friday Futures

Speaking with Benzinga, Injective CEO Eric Chen said the Helix AI Index shows "what Helix is built to do—democratize access to sophisticated financial instruments."

He also stated that this launch enables "borderless, permissionless access for investors" to traditional equities for the first time.

When asked about the challenges of institutional adoption of on-chain products, he responded that “the evolving political and regulatory landscape is creating new opportunities for institutions to engage with on-chain assets."

He also emphasized the need for more transparent and globally accessible financial products, adding that "platforms like Helix will be instrumental in bridging the gap between legacy finance and the next generation of digital markets."

Chen also commented on the potential for decentralized perpetual markets to compete with traditional financial instruments.

He stated that liquidity fragmentation is one of DeFi’s biggest hurdles, and that decentralized markets need to "evolve toward more shared liquidity models, enabling deeper markets and more efficient trading."

He added that, "Injective is poised to lead—by offering seamless cross-chain liquidity and interoperability.”

This has been helped by Injective's native EVM integration, allowing EVM developers to tap into the shared liquidity model that exists within the Injective network.

Helix has witnessed tremendous growth in 2024, and is now consistently ranked as one of the largest perpetual DEXs on the market, with an average of $2 billion in volume across 100 million trades every month.

The listed tokens and equities will launch with the following weights: 

AI Tokens:
Near NEAR/USD: 11.19%
Internet Computer ICP/USD: 8.66%
Bittensor TAO/USD: 7.39%
Render RENDER/USD: 6.55%
Artificial Superintelligence Alliance CRYPTO/USD: 5.91%
Injective INJ/USD: 3.80%
Virtuals Protocol VIRTUALS/USD: 2.85%
Ai16z AI/USD: 1.46%
Akash Network AKT/USD: 1.29%
Grass GRASS/USD: 0.91%
AI Equities:
NVIDIA: 36.34%
Taiwan Semiconductor Manufacturing Company Ltd: 9.68%
Palantir PLTR: 2.10%
Arista Networks ANIT: 1.56%
Super Micro Computer Inc SMCI: 0.21%SenseTime (SNTMF): 0.10%

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