# Futures Trading on Horizon Protocol

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

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

2\. [Oracles](/futures/futures-trading-on-horizon-protocol/oracles.md) /[ Fees](/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](/futures/futures-trading-on-horizon-protocol/perpetual-futures-deep-dive/price-impact-function.md) / [Funding Rates](/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)](/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.&#x20;

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