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Injective-protocol

INJ

Injective Protocol

INJ

Live Injective Protocol price in India

₹1,926.91

17.01%

Currency

Injective Protocol Market Insights

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₹0

Fully Diluted Market Cap

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Volume 24H

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Circulating Supply

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1 Injective Protocol equals to 1,926.91 INR

As of Invalid Date

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Things to know about Injective Protocol

What is Injective Protocol?

Injective is a blockchain designed for finance, powering next-generation DeFi applications like spot and derivatives exchanges, prediction markets, and lending protocols. It offers a fully decentralized MEV-resistant on-chain order book and supports various financial markets like spot, futures, and options, all on-chain. Using CosmWasm, Injective enables advanced interchain capabilities. It also operates on a Tendermint-based Proof-of-Stake consensus mechanism, providing fast and final transactions. The ecosystem includes 100+ projects and 150,000+ community members backed by prominent investors. INJ, the native token, has multiple use cases, including governance, fee value capture, security, developer incentives, and staking. Injective Protocol's roadmap envisions providing a decentralized trading platform that is fast, secure, and accessible to all.

Things to consider before buying Injective Protocol

Injective’s adoption is slowly growing in DeFi.

It is scalable and has great utility for defi dApps.

More than 83 million INJ out of 100 million are currently in circulation (Coinmarketcap, August 2023)

According to DefiLlama, the total value locked for injective is $21.8m. (August 2023)

Injective is eco-friendly.

Reasons to buy Injective Protocol (INJ)

The INJ protocol can host several DeFi applications (Dapps), including order execution. This makes the platform and the token valuable.

The protocol has seamless functionality.

Users can stake INJ to earn a portion of transaction fees.

The platform is compatible with other blockchains.

Transactions are fast on the injective protocol.

Developers can use INJ as the native crypto of their dApps. This increases the token’s utility.

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Pratik Poddar

Pratik Poddar

Partner, Nexus Venture Partners

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Rahul Arkram

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Partner, Nexus Venture Partners

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Frequently asked questions about buying INJ in India

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