Injective Protocol Price Chart
Source: TradingView

Injective Protocol Market Data

  • Market Capitalization

    $819.84 M

  • Fully diluted valuation

    $838.91 M

  • Volume 24H

    $61.01 M

  • Circulating supply

    97 727 220

  • Total supply

    100 000 000

  • Circ. percent

    97.7%

  • All-time high

    $52.62 (-84.2%)

  • All-time high date

    Mar 14th, 2024

  • All-time low

    $0.6574 (1 166%)

  • All-time low date

    Nov 3rd, 2020

  • First announced

  • Popularity

    94

  • Price Change (1H)

    $0.0534 (0.64%)

  • Price Change (1D)

    $0.2019 (-2.35%)

  • Price Change (1W)

    $1.85 (-18.0%)

  • Price Change (2W)

    $1.60 (-16.0%)

  • Price Change (1M)

    $2.74 (-24.6%)

  • Price Change (1Y)

    $24.40 (-74.4%)

  • 24h Range

    $8.01 - $8.70

  • Volume/Market cap

    7.44%

Injective Protocol News

Injective Protocol price today

Today's live Injective Protocol price is $8.39 USD, with a 24-hour trading volume of $61 013 278 USD. We provide real-time updates for the INJ to USD price. Injective has decreased by 2% in the last 24 hours. Currently ranked 94 in the cryptocurrency market, Injective Protocol has a live market cap of $819 843 697 USD, with a circulating supply of 97 727 220INJ 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) 8.39 USD
INJ/EUR (Euro) 7.59 EUR
INJ/JPY (Japanese Yen) 1 227 JPY
INJ/CHF (Swiss Franc) 7.19 CHF
INJ/CNY (Chinese Yuan) 61.09 CNY
INJ/GBP (British Pound Sterling) 6.41 GBP
INJ/INR (Indian Rupee) 715.7 INR
INJ/KRW (South Korean Won) 12 072 KRW
INJ/CAD (Canadian Dollar) 11.80 CAD
INJ/NGN (Nigerian Naira) 12 888 NGN
INJ/BRL (Brazilian Real) 47.26 BRL
INJ/SGD (Singapore Dollar) 11.19 SGD

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