Injective Protocol INJ Price
$3.06
Rank 131
-
1H
-0.05%$0.0015
24H
2.71%$0.0807
7D
-5.21%$0.1682
30D
-16.4%$0.5990
-
Market cap $305.75 M Full cap $305.75 M Volume 24H $57.87 M ATH $52.62
Injective Protocol Price Chart
Injective Protocol Market Data
Injective Protocol price today
Today's live Injective Protocol price is $3.06 USD, with a 24-hour trading volume of $57 871 329 USD. We provide real-time updates for the INJ to USD price. Injective has increased by 2% in the last 24 hours. Currently ranked 131 in the cryptocurrency market, Injective Protocol has a live market cap of $305 752 820 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.
Click to see more
How much is 1 INJ?
Conversion Table
INJ/USD
(US Dollar)
3.06 USD
INJ/EUR
(Euro)
2.70 EUR
INJ/JPY
(Japanese Yen)
436.6 JPY
INJ/CHF
(Swiss Franc)
2.50 CHF
INJ/CNY
(Chinese Yuan)
22.49 CNY
INJ/GBP
(British Pound Sterling)
2.31 GBP
INJ/INR
(Indian Rupee)
262.1 INR
INJ/KRW
(South Korean Won)
4 371 KRW
INJ/CAD
(Canadian Dollar)
4.27 CAD
INJ/NGN
(Nigerian Naira)
4 912 NGN
INJ/BRL
(Brazilian Real)
18.01 BRL
INJ/SGD
(Singapore Dollar)
4.03 SGD
Trending Coins
Injective Protocol Guides
What Is Arbitrum dApp?
This guide contains all you need to know about Arbitrum, an open-source, decentralized application for stress-testing blockchains that works by sending transactions to each node in the network simultaneously.
What Is BitFi: A Complete Guide About DeFi for the Bitcoin Network
Below is a comprehensive guide to DeFi for the Bitcoin network – BitFi. It includes the evolution of BitFi, the integration of decentralized finance with Bitcoin, and the groundbreaking launch of the first Bitcoin-based stablecoin, Stably USD.
