> For the complete documentation index, see [llms.txt](https://academy.horizonprotocol.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://academy.horizonprotocol.com/english-v2/futures/futures-trading-on-horizon-protocol.md).

# Futures Trading on Horizon Protocol

Horizon Futures provides an excellent trading experience with the following four elements:

1\. [Liquidity](/english-v2/futures/futures-trading-on-horizon-protocol/liquidity.md): which facilitates improved accessibility and volume potential

2\. [Oracles](/english-v2/futures/futures-trading-on-horizon-protocol/oracles.md) /[ Fees](/english-v2/futures/futures-trading-on-horizon-protocol/fees-and-rebates.md): providing accurate data for precise contract settlements and reducing the risk of manipulation in a cost-effectiveness way.

3\. [Price Impact](/english-v2/futures/futures-trading-on-horizon-protocol/perpetual-futures-deep-dive/price-impact-function.md) / [Funding Rates](/english-v2/futures/futures-trading-on-horizon-protocol/perpetual-futures-deep-dive/dynamic-funding-rates.md): enhancing price stability, ensuring proper market functioning, and incentivizing efficient trading behavior to keep the contract’s price in line with the underlying asset.

4\. [Account Management (FAMS)](/english-v2/futures/futures-trading-on-horizon-protocol/account-management-fams.md): a middle-layer smart contract system that allows traders to intelligently manage their margin across perpetual futures markets and enables long, short and conditional orders. 

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