Injective (INJ)
Injective is a Layer 1 blockchain built specifically for decentralised finance, with INJ as its native token. The network provides financial infrastructure that developers can use to create applications such as decentralised exchanges, derivatives platforms, prediction markets, lending protocols, and other on-chain trading products. Its design focuses on giving DeFi applications access to core exchange and financial modules at the protocol level rather than requiring every project to build these systems independently.
A defining feature of Injective is its emphasis on interoperability. The chain is built within the wider Cosmos ecosystem and supports cross-chain connectivity through infrastructure such as IBC and bridging integrations. This allows Injective-based applications to interact with assets and users from multiple blockchain environments, including Ethereum-compatible networks and other major ecosystems. The project’s goal is to make DeFi markets more open and composable across chains.
Injective also supports smart contract development, including CosmWasm-based applications, while offering specialised modules for trading and financial products. Its infrastructure is designed for fast settlement, low fees, and decentralised market creation, which makes it particularly relevant for exchanges and other applications that depend on efficient order execution. Developers can use these tools to launch spot markets, perpetuals, structured products, and other financial services.
INJ is used within the Injective ecosystem for functions such as transaction fees, staking, governance, and network incentives. The token is closely linked to the chain’s role as a DeFi-focused settlement and application layer. Injective stands out in the crypto market because it combines a purpose-built financial blockchain with cross-chain access and developer-ready modules for on-chain markets.
Last updated
- Market Cap
- $655M
- Fully Diluted Valuation
- $655M
- 24 Hour Trading Vol
- $186M
- Circulating Supply
- 100M
- Total Supply
- 100M
- Max Supply
- —
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- Market Cap
- $654,891,668
- Fully Diluted Valuation
- $654,891,668
- 24 Hour Trading Vol
- $186,017,023
- 24h High
- $6.93
- 24h Low
- $6.35
- 24h Change
- +0.85%
- 7d Change
- +20.02%
- 30d Change
- +78.04%
- 1y Change
- -48.09%
- Market Cap Rank
- #88
- Market Cap Rank (rehypothecated)
- #119
- Circulating Supply
- 100,000,000
- Total Supply
- 100,000,000
- Max Supply
- —
- All-time high
- $52.62 (-87.56%) · 14 Mar 2024, 15:06
- All-time low
- $0.657401 (+895.43%) · 3 Nov 2020, 16:19
- Website injective.com
- Whitepaper docs.injective.network/#introduction
- Block explorer explorer.injective.network
- Block explorer bscscan.com/token/0xa2b726b1145a4773f68593cf171187d8ebe4d495
- Block explorer atomscan.com/injective
- Block explorer www.mintscan.io/injective
- X / Twitter twitter.com/injective
- Reddit www.reddit.com/r/injective/
- GitHub github.com/InjectiveLabs