Injective (INJ)
Injective (INJ)
Injective Protocol stands out by offering robust foundational financial primitives that applications can utilize. It includes an on-chain order book that is fully decentralized and resistant to Miner Extractable Value (MEV). Moreover, it supports a comprehensive range of financial markets spot trading, perpetual contracts, futures, and options all operating entirely on-chain.
The protocol's decentralized bridging infrastructure facilitates cross-chain interactions, ensuring compatibility with Ethereum, blockchains enabled by the Inter-Blockchain Communication (IBC) protocol, and even non-Ethereum Virtual Machine (EVM) chains like Solana. It makes Injective a versatile platform for various financial transactions in the blockchain space.
Injective claims the third largest AI cryptocurrency with a live market capitalization of $2.48 Billion ranking at 40th among all. Despite being down nearly 47.62% from it's All time high of $52.75, injective has bagged 349% return over the last 1 year.
At the time of writing, the crypto was trading close to $26.59 recording a 7.68% drop in intraday. Out of a 100 million total supply, 93.40 Million INJ tokens are currently in circulation.
Injective Protocol stands out by offering robust foundational financial primitives that applications can utilize. It includes an on-chain order book that is fully decentralized and resistant to Miner Extractable Value (MEV). Moreover, it supports a comprehensive range of financial markets spot trading, perpetual contracts, futures, and options all operating entirely on-chain.
The protocol's decentralized bridging infrastructure facilitates cross-chain interactions, ensuring compatibility with Ethereum, blockchains enabled by the Inter-Blockchain Communication (IBC) protocol, and even non-Ethereum Virtual Machine (EVM) chains like Solana. It makes Injective a versatile platform for various financial transactions in the blockchain space.
Injective claims the third largest AI cryptocurrency with a live market capitalization of $2.48 Billion ranking at 40th among all. Despite being down nearly 47.62% from it's All time high of $52.75, injective has bagged 349% return over the last 1 year.
At the time of writing, the crypto was trading close to $26.59 recording a 7.68% drop in intraday. Out of a 100 million total supply, 93.40 Million INJ tokens are currently in circulation.
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