Injective Protocol INJ Price
$5.14
Rank 101
-
1H
0.23%$0.0118
24H
0.19%$0.0097
7D
5.09%$0.2490
30D
1.30%$0.0660
-
Market cap $514.53 M Full cap $514.53 M Volume 24H $61.10 M ATH $52.62
Injective Protocol Price Chart
Injective Protocol Market Data
Injective Protocol price today
Today's live Injective Protocol price is $5.14 USD, with a 24-hour trading volume of $61 097 357 USD. We provide real-time updates for the INJ to USD price. Injective has increased by 0% in the last 24 hours. Currently ranked 101 in the cryptocurrency market, Injective Protocol has a live market cap of $514 529 172 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)
5.14 USD
INJ/EUR
(Euro)
4.54 EUR
INJ/JPY
(Japanese Yen)
733.3 JPY
INJ/CHF
(Swiss Franc)
4.20 CHF
INJ/CNY
(Chinese Yuan)
37.77 CNY
INJ/GBP
(British Pound Sterling)
3.88 GBP
INJ/INR
(Indian Rupee)
440.3 INR
INJ/KRW
(South Korean Won)
7 343 KRW
INJ/CAD
(Canadian Dollar)
7.17 CAD
INJ/NGN
(Nigerian Naira)
8 250 NGN
INJ/BRL
(Brazilian Real)
30.26 BRL
INJ/SGD
(Singapore Dollar)
6.76 SGD
Trending Coins
Injective Protocol Guides
Is Lightchain AI a Scam or Legit
Lightchain AI promises a decentralized AI ecosystem with its AIVM virtual machine and its PoI consensus. But, is the project legit or just hype? We will break down audits, tokenomics, staking, and the roadmap, all to give you a clear and realistic assessment.
What Is Dogwifhat (WIF) Meme Coin?
The guide will cover Dogwifhat – a meme coin inspired by a picture of a Shiba Inu dog wearing a hat. We will discuss its unique features, the underlying tech, and cover the key pros and cons of this coin.
