When it comes to Injective $INJ, the first impression of it is that it can pull the market. From about $1.3 in January 2023 to $52 in March 2024, the 40-fold increase has outperformed most currencies.

In fact, @InjectiveLabsCN's on-chain ecology is also very rich, with many high-quality projects in DeFi, NFT, derivatives, RWA and other tracks.

Injective officials have also been committed to supporting the on-chain ecology and helping developers with ideas to build applications on the chain.

The Builder House held in July brought together developers, institutions, partners and various projects to help the further prosperity of the Injective ecosystem.

Galaxy, one of the leading Web3 institutions, also officially joined Injective in July and became a verification node.

RWA is one of the most eye-catching new narratives in this bull market. Injective introduced RWA assets USDY and USDM to provide more integrable assets for on-chain protocols, and on-chain users also have more choices.

On July 23, @OndoFinance officially integrated with Injective, and the innovative tokenized treasury tool USDY officially entered the Injective ecosystem, providing new institutional and RWA use cases for $INJ

On July 24, Mountain Protocol was officially integrated into Injective. USDM is a more innovative stablecoin with native returns, and holders automatically receive 5% annualized returns.

It can now be used as margin in the derivatives protocol @HelixApp_, and there are more use cases waiting to be explored in DeFi.

The integration of USDM and USDY in Injective brings more possibilities and scalability to the on-chain ecosystem. Looking forward to more integrations and innovations.