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.

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.

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.