Injective Protocol INJ Price
$5.33
Rank 143
-
1H
0.15%$0.0080
24H
-10.0%$0.5949
7D
-0.37%$0.0198
30D
-29.6%$2.24
-
Market cap $533.99 M Full cap $533.99 M Volume 24H $60.31 M ATH $52.62
Injective Protocol Price Chart
Injective Protocol Market Data
Injective Protocol price today
Today's live Injective Protocol price is $5.33 USD, with a 24-hour trading volume of $60 312 044 USD. We provide real-time updates for the INJ to USD price. Injective has decreased by 10% in the last 24 hours. Currently ranked 143 in the cryptocurrency market, Injective Protocol has a live market cap of $533 991 931 USD, with a circulating supply of
100 000 000INJ coins and the maximum supply not available.
About Injective Protocol
Injective Protocol describes itself as the first layer-2 DEX that unlocks the full potential of decentralized derivatives and borderless DeFi.
The Injective Chain is implemented as a Cosmos SDK module, built with Ethermint (EVM on Tendermint). It utilizes a Tendermint-based Proof-of-Stake to facilitate cross chain derivatives trading across Cosmos, Ethereum, and many other layer-1 protocols. In addition, the protocol is collision resistant and utilizes Verifiable Delay Functions (VDFs) to prevent front-running.
INJ is the token utilized on Injective and was launched via a public offering in 2020, becoming the first project backed by Binance Labs to debut on Binance Launchpad. The use cases intended for INJ include but are not limited to: protocol governance, exchange fee value capture, derivatives collateralization, liquidity mining, and staking.
The Injective platform enable users to take part in decentralized cross-chain derivatives trading with zero gas fees while also being able to access cross-chain yield generation for a multitude of assets. Due to how the platform is governed by a DAO structure, Injective enables everyone to create and trade on any derivative market with only a price feed, thereby opening up more opportunities for trading on markets not found on other exchanges.
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How much is 1 INJ?
Conversion Table
INJ/USD
(US Dollar)
5.33 USD
INJ/EUR
(Euro)
4.70 EUR
INJ/JPY
(Japanese Yen)
760.5 JPY
INJ/CHF
(Swiss Franc)
4.36 CHF
INJ/CNY
(Chinese Yuan)
39.17 CNY
INJ/GBP
(British Pound Sterling)
4.02 GBP
INJ/INR
(Indian Rupee)
456.6 INR
INJ/KRW
(South Korean Won)
7 614 KRW
INJ/CAD
(Canadian Dollar)
7.43 CAD
INJ/NGN
(Nigerian Naira)
8 555 NGN
INJ/BRL
(Brazilian Real)
31.38 BRL
INJ/SGD
(Singapore Dollar)
7.01 SGD
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