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.
Buy InjectiveHappening now
AI generated 20274d ago
INJ price surged ↗12% since yesterday, outperforming Layer 1 category average and suggesting renewed momentum.
See moreGet up to $200 for getting started
Sign me upTrading Insights
Buyer Ratio
Traders
322
-8%
Buyers
234
5.41%
Sellers
101
-27.86%
Searched
382
Market Stats
Market Cap
$1.06B
FDV
$1.06B
Circ. Supply
100M INJ
Max Supply
Not enough data
Total Supply
100M INJ
Performance
Popularity
#65
Dominance
0.03%
Volume (24H)
$67.76M
-14.51%
Volume (7D)
$508.81M
Volume (30D)
$3.47B
All time high
$52.94
Price Change (1Y)
-47.6%
Additional details
Market details
INJ vs markets
↘ 67.57%
INJ vs BTC
↘ 71.78%
INJ vs ETH
↘ 35.9%
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 | $10.57 | ↘ 2.40% |
1 Day | $10.83 | ↘ 2.40% |
1 Week | $10.77 | ↘ 1.85% |
1 Month | $11.49 | ↘ 8.04% |
1 Year | $20.17 | ↘ 47.60% |
Coinbase insights
Happening now
AI generated 20274d ago
INJ price surged ↗12% since yesterday, outperforming Layer 1 category average and suggesting renewed momentum.
Market Position
•
Ranks among top 10 Layer 1s in hourly price growth, up ↗3%
•
Trading volume outperforms broader market which saw ↘10% decline
•
Yearly performance lags, down ↘55% vs Layer 1 category's ↗70% gain
Past Stories
Recent trends
The latest INJ price is $10.57. Compared to Injective's value of $10.83 from 24 hours ago, there's been a -2% decrease, while the current price is -2% down from $10.77 which was recorded one week ago. Injective's all time high is $52.94, which was reached on March 14, 2024. This is a -80% change from its price today.
The market cap is currently $1.06B, which is a result of multiplying the current price of Injective($10.57) by the total supply(100,000,000 INJ). The fully diluted valuation of Injective is $1.06B. The diluted valuation of Injective is $1.06B.
Injective had 234 buyers, 101 sellers and total 322 trades in the last 24h. Injective was searched 382 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 $1.06B. 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 $67.76M.
Assets that have a similar market cap to Injective include Four, Celestia, SPX6900, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Injective is 100 million.