About Injective (INJ)
Injective Protocol is a decentralized exchange that facilitates advanced trading features for Ethereum-based coins, including cross-chain margins and derivatives trading. It is built on the Cosmos blockchain and operates on a layer-2 innovation and exists as a protocol on top of another blockchain network, allowing users to swap across different chains. Injective uses its own Cosmos-built sidechain to make its protocol functional.
Injective Protocol promotes zero-gas fee trading to its users, on the permissionless layer-2 network, traders on the platform pay standard market maker and taker fees. INJ coins power trades on the Injective blockchain; it is used in the validation consensus model and serves as the platform’s governance token. INJ price is updated and available in real-time on Binance.