Injective Protocol (INJ) is a decentralized derivatives exchange protocol built on Cosmos SDK and Tendermint Core. It enables the creation of decentralized finance (DeFi) applications, focusing on derivatives trading.$INJ
Key Features:
- Decentralized Derivatives Exchange
- Cross-Chain Interoperability
- On-Chain Order Book
- Governance Token (INJ)
Tokenomics:
- Symbol: INJ
- Market Capitalization: ~$433 million
- Circulating Supply: 73 million INJ
- Total Supply: 100 million INJ
- Consensus: Proof-of-Stake (PoS)
Exchanges:
1. Binance
2. Coinbase
3. Huobi
4. FTX
Wallets:
1. Injective Wallet
2. MetaMask
3. Ledger Live
4. Trust Wallet
Use Cases:
1. Decentralized Derivatives Trading
2. Cross-Chain Asset Transfer
3. Yield Farming
4. Governance Participation
Technical Details:
1. Blockchain: Cosmos
2. Algorithm: Proof-of-Stake (PoS)
3. Block Time: 1 second
4. Transaction Speed: ~1000 tps
Price History:
All-Time High (ATH): $24.57 (April 2021)
All-Time Low (ATL): $1.41 (June 2022)
Current Price:
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