Overview
Injective is an interoperable Layer 1 blockchain designed to power next-generation financial applications. It offers plug-and-play financial infrastructure modules, including:
- High-performance decentralized exchange (DEX) infrastructure
- Decentralized bridges and oracles
- Multi-composable smart contract layers (CosmWasm and EVM)
Market Data (Latest)
- Price: $11.19 (↓5.63%)
- 24h Trading Volume: $115,192,487.25 (↓24.52%)
- Circulating Market Cap: $1,119,112,575.85 (#68 rank)
- Total Supply: 100,000,000 INJ
- All-Time High: $52.62 (March 14, 2024)
- All-Time Low: $0.6574 (November 4, 2020)
Price Performance
| 1h | 24h | 7d | 30d | 60d | 90d |
|------|-------|------|--------|--------|--------|
| 0.16%| ↓5.63%| ↑3.84%| ↑12.94%| ↑17.04%| ↑33.70%|
Key Features
1. Interoperability
Injective seamlessly connects with other blockchains via decentralized bridges, enabling cross-chain asset transfers.
2. Decentralized Finance (DeFi) Tools
- Built-in orderbook DEX with sub-second settlement.
- Oracles for real-world data feeds (e.g., price indices).
3. Smart Contract Flexibility
Supports both CosmWasm (for Cosmos SDK) and EVM (Ethereum compatibility), allowing developers to deploy diverse dApps.
FAQs
Q: What makes Injective unique among Layer 1 blockchains?
A: Injective’s plug-and-play financial modules (DEX, bridges, oracles) and dual smart contract layers (CosmWasm + EVM) set it apart for DeFi-focused applications.
Q: How does Injective ensure high performance?
A: Its optimized consensus mechanism enables low-latency trading (e.g., sub-second finality) and scalable throughput.
Q: Where can I buy INJ tokens?
A: INJ is listed on major exchanges like Binance, OKX, and KuCoin. 👉 Buy INJ securely here
Recent Milestones
- August 2022: Raised $40 million in an OTC funding round.
Comparative Analysis
Similar Projects
- THORChain: Focuses on cross-chain liquidity.
- dYdX: Specializes in decentralized derivatives trading.
👉 Explore more DeFi ecosystems
Note: This article is for informational purposes only and does not constitute financial advice.
### Optimized for:
- **SEO Keywords**: Layer 1 blockchain, DeFi, INJ token, decentralized exchange, CosmWasm, EVM.
- **Anchor Links**: Strategically placed for engagement (e.g., OKX exchange).