# Futures Trading on Horizon Protocol

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

1\. [Liquidity](https://academy.horizonprotocol.com/futures/futures-trading-on-horizon-protocol/liquidity): which facilitates improved accessibility and volume potential

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

3\. [Price Impact](https://academy.horizonprotocol.com/futures/futures-trading-on-horizon-protocol/perpetual-futures-deep-dive/price-impact-function) / [Funding Rates](https://academy.horizonprotocol.com/futures/futures-trading-on-horizon-protocol/perpetual-futures-deep-dive/dynamic-funding-rates): 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)](https://academy.horizonprotocol.com/futures/futures-trading-on-horizon-protocol/account-management-fams): 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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