Injective introduces Injective EVM (inEVM) to the mainnet - the first-ever aligned rollup in Ethereum history, designed to speed up parallel development of virtual machines.

Injective inEVM allows Ethereum developers to build applications that can uniquely leverage Injective's lightning-fast speeds and near-zero fees while achieving compatibility in the WASM and EVM world. In turn, this allows Injective to be the only L1 blockchain capable of combining the compatibility of Cosmos with the speed of Solana and developer access to Ethereum.

inEVM was created in collaboration with some of the most advanced infrastructure projects in Web3, including rollup provider Caldera. In addition, well-known messaging layers such as Hyperlane and LayerZero are integrated with inEVM, allowing for seamless transfer of data and assets. Celestia will act as the data availability (DA) layer for folding, and Pyth will act as the oracle provider.

Projects deployed on inEVM today include TimeSwap (a large lending protocol) and Thetanauts (an advanced on-chain options protocol). To date, these protocols have raised over $200 million from investors such as Polychain Capital, Delphi Digital, Bain Capital Crypto and many others.

inEVM Architecture

Injective worked to create an ecosystem of parallel virtual machines: WASM, inEVM and inSVM, protected by Injective.

These virtual environments host different virtual machines, each capable of executing smart contracts written in different programming languages ​​or adhering to different execution models. This setup facilitates interoperability, allowing developers to leverage the strengths of different virtual machines while ensuring compatibility with existing standards and smart contract infrastructure.