API ID:
injective-protocol
Trade Symbol:
Coin or Token:
Max Supply:
Use Case:
Launch Date:
Coin Overview
INJ
Coin
100 Million
Decentralized Finance, trading
October 2020
Injective
Injective (INJ) is a blockchain built for fast, decentralized trading of crypto, derivatives, and other assets. Instead of going through centralized exchanges, users can trade directly on Injective’s network with low fees and high speed. INJ is used for governance, staking, and paying fees — and a portion of fees are burned, making it deflationary.
A Deeper Dive
Technology & Use Case
Injective is a Layer-1 blockchain built with the Cosmos SDK and uses Tendermint Proof-of-Stake for fast block times. It’s optimized for decentralized finance (DeFi), offering spot, perpetual, futures, and options trading. Injective also supports cross-chain trading, letting users access assets from Ethereum, Cosmos, and beyond, making it one of the most interoperable DeFi platforms.
Origins & Team
Injective was founded in 2018 by Eric Chen and Albert Chon. The project gained early backing from Binance and launched its mainnet in late 2020. The team’s goal was to remove barriers in traditional finance by creating a decentralized, censorship-resistant exchange protocol that could handle complex financial instruments.
Ecosystem & Partnerships
Injective has built an ecosystem of DeFi apps, DEXs, and derivatives platforms. It integrates with Cosmos IBC, Ethereum, and other major chains for asset transfers. Partnerships include Binance, Pantera Capital, and projects across DeFi, gaming, and Web3. Regular token burns from exchange fees make INJ supply deflationary, aligning network growth with token scarcity.
A Deeper Dive
Popular Exchanges
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