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Injective

INJ

4.9

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Market

Market stats

Market cap

$600.2M

Volume (24h)

$20.4M

Circulating supply

83.8M INJ

Typical hold time

27 days

Popularity

#42

All time high

$25.01

Price change (1h)

+0.45%

Price change (24h)

-0.84%

Price change (7d)

-3.06%

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Injective is on the decline this week.

The price of Injective has fallen by 3.06% in the past 7 days. The price declined by 0.84% in the last 24 hours. In just the past hour, the price grew by 0.45%. The current price is $7.16 per INJ. Injective is 71.36% below the all time high of $25.01.

The current circulating supply is 83,755,555.66 INJ.

Ratings

Average ratings from the community

4.9 out of 5

750 ratings

Community

4.9

(250)

Roadmap

4.9

(249)

Usefulness

4.9

(251)

About

Injective is an open, interoperable blockchain optimized for DeFi applications. Injective is smart contracts-enabled and utilizes a Tendermint PoS consensus mechanism. INJ is the native token that enables community members to participate in governance, validation, burn auctions and more.

What is Injective (INJ)?

Injective is a blockchain designed specifically for the finance industry. It is an open, interoperable layer-one blockchain that aims to power next-generation decentralized finance (DeFi) applications, such as decentralized spot and derivatives exchanges, prediction markets, and lending protocols.

Injective aims to provide financial infrastructure primitives that DeFi applications can use, such as a fully decentralized on-chain orderbook that is resistant to MEV (miner extractable value). In addition, all types of financial markets, such as spot, perpetual, futures, and options, are fully on-chain. The decentralized cross-chain bridging infrastructure is compatible with Ethereum, IBC-enabled blockchains, and non-EVM chains such as Solana.

Injective also seeks to offer a next-generation, highly interoperable smart contract platform based on CosmWasm, with advanced interchain capabilities. It is built using the Cosmos SDK and uses a Tendermint-based Proof-of-Stake consensus mechanism, providing instant transaction finality and fast performance (over 10,000 transactions per second).

The Injective ecosystem includes over 100 projects and more than 150,000 community members worldwide. It is backed by investors such as Binance, Pantera Capital, Jump Crypto, and Mark Cuban. The INJ token is the native utility token of Injective, and it can be used for various purposes, including protocol governance, dApp value capture, PoS security, developer incentives, and staking.

History of Injective 

Injective was incubated by Binance Labs back in 2018, and it became the first Binance Labs incubated project to debut on Binance Launchpad in 2020. 

It launched its mainnet in November 2021 and announced a $40M raise in August 2022, led by Jump Crypto and BH Digital. 

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Reading List

News

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FalconX participates in $3 million seed round for DeFi portfolio manager Bril Finance

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FAQ

What is the current price of Injective?

We update our Injective to USD currency in real-time. Get the live price of Injective on Coinbase.

What is the market cap of Injective?

The current market cap of Injective is $600.23M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Injective?

The all-time high of Injective is $25.01. This all-time high is highest price paid for Injective since it was launched.

What is the 24 hour trading volume of Injective?

Over the last 24 hours, the trading volume of Injective is $20.40M.

What other assets are similar to Injective?

Assets that have a similar market cap to Injective include Axie Infinity, Radix, TNC Coin, and many others. To see a full list, see our comparable market cap assets.

How many Injective are there?

The current circulating supply of Injective is 84 million.

What is the typical holding time of Injective?

The median time that Coinbase customers hold Injective before selling it or sending it to another account or address is 27 days.

What is the relative popularity of Injective?

Injective ranks 167 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Injective?

Currently, 94% of Coinbase users are buying Injective. In other words, 94% of Coinbase customers have increased their net position in Injective over the past 24 hours through trading.

Can I buy Injective on Coinbase?

Yes, Injective is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Injective guide.