In October, Injective witnessed significant growth in its decentralized application (dApp) ecosystem and network statistics, attracting substantial public attention due to its expanding influence and a continuous flow of innovative offerings.

Several notable events within the ecosystem in October included: the introduction of Helix Trading Bots and pre-launch futures, Exotic Markets pioneering the options infrastructure on the testnet, Neptune Finance launching its testnet for peer-to-peer lending protocol, and the launch of Dagora, a new NFT marketplace on the Injective mainnet aimed at enhancing the NFT Fi ecosystem.

And this momentum shows no signs of slowing down. Injective initiated the Illuminate Hackathon with the support of Google Cloud to encourage and expedite the onboarding of startups onto the Injective platform. Furthermore, Google Cloud integrated Injective to provide its dataset to developers and enterprises, expanding the data-sharing capabilities of Injective to a wider audience.

Among the highlighted news in the ecosystem:

  • Injective launched the Illuminate Hackathon with Google Cloud's support, inviting builders to create projects on Injective, recognized as the fastest layer 1 blockchain.

  • Helix introduced Trading Bots to meet the growing demand from retail users, allowing for automated trading in the spot market.

  • Levana Protocol launched a perpetual swap exchange on the Injective mainnet, offering opportunities for liquidity providers, high leverage options, and risk-adjusted trading.

  • Injective integrated its Web3 finance data into Google Cloud BigQuery.

  • Many other news and updates in the Injective ecosystem.

Injective demonstrated impressive results in October and plans to continue its growth and development.

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