Injective Protocol INJ Price
$5.23
Rank 101
-
1H
1.21%$0.0625
24H
2.14%$0.1096
7D
7.67%$0.3726
30D
58.4%$1.93
-
Market cap $522.62 M Full cap $522.62 M Volume 24H $180.57 M ATH $52.62
Injective Protocol Price Chart
Injective Protocol Market Data
Injective Protocol price today
Today's live Injective Protocol price is $5.23 USD, with a 24-hour trading volume of $180 571 451 USD. We provide real-time updates for the INJ to USD price. Injective has increased by 2% in the last 24 hours. Currently ranked 101 in the cryptocurrency market, Injective Protocol has a live market cap of $522 620 761 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)
5.23 USD
INJ/EUR
(Euro)
4.62 EUR
INJ/JPY
(Japanese Yen)
746.2 JPY
INJ/CHF
(Swiss Franc)
4.28 CHF
INJ/CNY
(Chinese Yuan)
38.43 CNY
INJ/GBP
(British Pound Sterling)
3.95 GBP
INJ/INR
(Indian Rupee)
448.0 INR
INJ/KRW
(South Korean Won)
7 471 KRW
INJ/CAD
(Canadian Dollar)
7.29 CAD
INJ/NGN
(Nigerian Naira)
8 395 NGN
INJ/BRL
(Brazilian Real)
30.79 BRL
INJ/SGD
(Singapore Dollar)
6.88 SGD
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