Injective Protocol (INJ) Market Data
The latest Injective Protocol (INJ) price is $11.14, with a 24-hour trading volume of $87,118,450. INJ’s price has decreased by -7.73% in the last 24 hours. Key metrics include:
– Circulating Supply: 99.97 million INJ
– Max Supply: 100 million
– Total Supply: 100 million
– Circulation Rate: 99.97%
– Market Cap: $1,113,576,249
Injective Protocol Block Explorers
To verify on-chain data, use these explorers:
– explorer.injective.network
– etherscan.io
– bscscan.com
What Is Injective Protocol (INJ)?
Injective Protocol is a layer-2 decentralized exchange (DEX) protocol enabling cross-chain derivatives trading. It supports decentralized contracts for difference (CFDs), perpetual swaps, and other derivatives.
INJ, the native token, powers:
– Governance: DAO-based decision-making.
– Fee Capture: Value accrual from trading fees.
– Staking & Liquidity Mining: Incentives for network participation.
👉 Discover how Injective is reshaping DeFi
Key Features of Injective Protocol
- Zero Gas Fees: Layer-2 architecture eliminates Ethereum gas costs.
- Cross-Chain Trading: Trade assets across multiple blockchains.
- User-Created Markets: Launch synthetic or crypto derivatives via price feeds.
- Decentralized Governance: Community-driven upgrades and listings.
- High-Speed Execution: Sub-second order cancellations via decentralized coordinators.
Injective Protocol Roadmap
| Year | Milestone |
|---|---|
| 2018 | Binance Labs incubation. |
| 2020 | Seed round led by Pantera Capital; Binance Launchpad token sale. |
| 2021 | Mainnet launch; IBC integration; Multi-chain bridge release. |
| 2022 | CosmWasm smart contracts; Institutional funding from Jump Crypto. |
Where to Buy INJ?
Top exchanges for Injective Protocol (INJ):
– OKX
– Binance
– Coinbase
– KuCoin
⚠️ Always verify contract addresses before trading.
FAQs
1. What was INJ’s all-time high price?
INJ peaked at $24.89 in April 2021.
2. Is INJ a good long-term investment?
Cryptocurrencies are volatile. Research INJ’s tokenomics, team, and market trends before investing.
3. Which platforms allow INJ shorting?
Margin trading is available on OKX, Binance, and KuCoin. High risk—use caution.
👉 Explore DeFi strategies with INJ