About Injective

Injective is an open, interoperable blockchain optimized for DeFi applications. Injective is smart contracts-enabled and utilizes a Tendermint PoS consensus mechanism. INJ is the native token that enables community members to participate in governance, validation, burn auctions and more.

Happening now

AI generated 18h ago

Following a near-unanimous community vote to accelerate token burning

, INJ is seeing a surge in social attention and overwhelmingly positive sentiment.

See more

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1/22/2026, 11:49:59 AM

Trading Insights

Buyer Ratio

66%0%

Traders

272

18.32%

Buyers

180

10.89%

Sellers

100

29.08%

Searched

371

Market Stats

Market Cap

$462.19M

0.75%

FDV

$462.33M

Circ. Supply

100M INJ

Max Supply

Not enough data

Total Supply

100M INJ

Diluted Valuation

$462.70M

Performance

Popularity

#92

Dominance

0.02%

Volume (24H)

$48.48M

8.68%

Volume (7D)

$360.91M

Volume (30D)

$1.53B

All time high

$52.94

Price Change (1Y)

Not enough data

78.9%

Additional details

Market details

INJ vs markets

↘ 75.09%

INJ vs BTC

↘ 75.59%

INJ vs ETH

↘ 76.34%

Tags

pos

platform

ai-big-data

smart-contracts

+8

Network & Addresses

Network
Address

Ethereum

0xe28b3B32B6c345A34Ff64674606124Dd5Aceca30

BNB Smart Chain

0xa2B726B1145A4773F68593CF171187d8EBe4d495

Price history

Time
Price
Change
Today
$4.62
-0.53%
1 Day
$4.65
-0.53%
1 Week
$5.33
-13.67%
1 Month
$4.68
-1.35%
1 Year
$21.89
-78.90%

Coinbase insights

Happening now

AI generated 18h ago

Following a near-unanimous community vote to accelerate token burning

, INJ is seeing a surge in social attention and overwhelmingly positive sentiment.


Community backing strong fundamentals

The governance approval with 99.9% support

and the

official supply squeeze announcement

are driving overwhelmingly positive sentiment and attracting new investors to the Layer 1 platform.


Token burning mechanism accelerating

The new mechanism permanently removes more INJ tokens from circulation, making remaining tokens potentially more valuable over time—a strategy the community strongly endorsed with near-unanimous backing.


Social buzz building momentum

Social media discussions about INJ surged roughly

↗158%

over the past month with overwhelmingly positive sentiment, reflecting growing community enthusiasm around the deflationary shift and governance milestone.

Recent trends

The latest INJ price is $4.62. Compared to Injective's value of $4.65 from 24 hours ago, there's been a -1% decrease, while the current price is -14% down from $5.33 which was recorded one week ago. Injective's all time high is $52.94, which was reached on March 14, 2024. This is a -91% change from its price today.

The market cap is currently $462.19M, which is a result of multiplying the current price of Injective($4.62) by the total supply(100,000,000 INJ). The fully diluted valuation of Injective is $462.33M. The diluted valuation of Injective is $462.33M.

Injective had 180 buyers, 100 sellers and total 272 trades in the last 24h. Injective was searched 371 times in the last 24h.

FAQ

Injective (INJ) is a layer-one blockchain designed to support the development of decentralized finance (DeFi) applications, including decentralized spot and derivatives exchanges, prediction markets, and lending protocols. It offers foundational financial infrastructure like a fully decentralized on-chain order book, aiming to support various financial markets such as spot, perpetual, futures, and options—all executed fully on-chain. Injective is compatible with Ethereum, IBC-enabled blockchains, and non-EVM chains like Solana. Built using the Cosmos SDK, it employs a Tendermint-based Proof-of-Stake consensus mechanism, which strives to deliver instant transaction finality and high performance.

Injective utilizes a Tendermint-based Proof-of-Stake consensus mechanism, enabling fast transaction finality and maintaining high network performance. It incorporates a decentralized cross-chain bridging infrastructure that supports compatibility with Ethereum, IBC-enabled chains, and non-EVM blockchains like Solana. Injective's core exchange module features an advanced on-chain order book and matching engine for spot, perpetual, futures, and options markets. It aims to reduce Miner-Extractable Value (MEV) through frequent batch auctions and strives to offer zero gas fees for users. Smart contracts are powered by CosmWasm, facilitating seamless multi-chain transactions and enabling complex DeFi applications.

Injective seeks to serve as a foundation for diverse DeFi applications, offering essential infrastructure like an on-chain order book for building decentralized exchanges, prediction markets, and lending protocols. The INJ token is central to the platform, used for protocol governance, securing the network through staking, incentivizing developers, and capturing value from decentralized applications. Injective aims to facilitate a wide range of trading and yield-generating activities, supporting interoperability across multiple layer-one blockchains, including Cosmos and Ethereum, thereby broadening the scope of DeFi opportunities.

Injective was developed by Injective Labs, a research and development firm co-founded by Eric Chen, who brings expertise in blockchain protocols and traditional finance. Albert Chon, the CTO, is a Stanford graduate and former software engineer at Amazon, known for pioneering an Ethereum standard adopted by major projects. The Injective ecosystem aims to encompass over 100 projects and has grown to include more than 150,000 community members worldwide. The project has received backing from various investors, supporting its mission to expand decentralized finance infrastructure.

We update our Injective to USD currency in real-time. Get the live price of Injective on Coinbase.

The current market cap of Injective is $462.192M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Injective is $52.94. This all-time high is highest price paid for Injective since it was launched.

Over the last 24 hours, the trading volume of Injective is $48.481M.

Assets that have a similar market cap to Injective include TrueUSD, Morpho, First Digital USD, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Injective is 100 million.

Injective ranks 88 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 94% of Coinbase users are buying Injective. In other words, 94% of Coinbase customers have increased their net position in Injective over the past 24 hours through trading.

Yes, Injective is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Injective guide.

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Injective news

Trending articles

Social stats

Popularity in posts

#83

Contributors

601

Posts

1,684

% About Injective

0.208%

Articles

0

X (Twitter)

37.58% bullish

Sentiment

4.3 ★

Highlights

601 unique individuals are talking about Injective and it is ranked #83 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Injective has an average sentiment score of 4.3 out of 5. Finally, Injective is becoming less newsworthy, with 0 news articles published about Injective.

On Twitter, people are mostly neutral about Injective. There were 41.48% of tweets with bullish sentiment compared to 10.37% of tweets with a bearish sentiment about Injective. 58.52% of tweets were neutral about Injective. These sentiments are based on 1671 tweets.

On Reddit, Injective was mentioned in 11 Reddit posts and there were 97 comments about Injective. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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