# Injective

> Track Injective's fees, revenue, active users and earnings with daily on-chain data across 2 chains. Compare Injective with other blockchains (L1).

Source: [Injective on Token Terminal](https://tokenterminal.com/explorer/projects/injective). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Token: INJ
- Sectors: Blockchains (L1)
- Chains: injective, injectiveevm

## About

### What it is

Injective is a smart contract platform for decentralized finance applications (a blockchain) and an orderbook exchange protocol. Injective was founded by Eric Chen, Albert Chon etc. and launched in 2020. Note that this dashboard only tracks Injective's blockchain business.

### Who uses it

INJ holders own and govern the protocol. They currently take a cut of the total transaction fees paid by users (revenue) via Burn Auctions. Injective's investors include Binance, Jump Crypto, Mark Cuban, etc.

### How it works

Validators process transactions and receive transactions fees (supply-side fees).

## Metrics

Token Terminal tracks these metrics for Injective daily. Each page has a chart with the full history.

- [Price](https://tokenterminal.com/explorer/projects/injective/metrics/price)
- [Fully diluted market cap](https://tokenterminal.com/explorer/projects/injective/metrics/market-cap-fully-diluted)
- [Circulating market cap](https://tokenterminal.com/explorer/projects/injective/metrics/market-cap-circulating)
- [Token trading volume](https://tokenterminal.com/explorer/projects/injective/metrics/token-trading-volume)
- [Token turnover (fully diluted)](https://tokenterminal.com/explorer/projects/injective/metrics/token-turnover-fully-diluted)
- [Token turnover (circulating)](https://tokenterminal.com/explorer/projects/injective/metrics/token-turnover-circulating)
- [Circulating supply](https://tokenterminal.com/explorer/projects/injective/metrics/token-supply-circulating)
- [Maximum token supply](https://tokenterminal.com/explorer/projects/injective/metrics/token-supply-maximum)
- [Fees](https://tokenterminal.com/explorer/projects/injective/metrics/fees)
- [Supply-side fees](https://tokenterminal.com/explorer/projects/injective/metrics/fees-supply-side)
- [Revenue](https://tokenterminal.com/explorer/projects/injective/metrics/revenue)
- [Expenses](https://tokenterminal.com/explorer/projects/injective/metrics/expenses)
- [Token incentives](https://tokenterminal.com/explorer/projects/injective/metrics/token-incentives)
- [Earnings](https://tokenterminal.com/explorer/projects/injective/metrics/earnings)
- [P/F ratio (fully diluted)](https://tokenterminal.com/explorer/projects/injective/metrics/pf-fully-diluted)
- [P/F ratio (circulating)](https://tokenterminal.com/explorer/projects/injective/metrics/pf-circulating)
- [P/S ratio (fully diluted)](https://tokenterminal.com/explorer/projects/injective/metrics/ps-fully-diluted)
- [P/S ratio (circulating)](https://tokenterminal.com/explorer/projects/injective/metrics/ps-circulating)
- [Active users (daily)](https://tokenterminal.com/explorer/projects/injective/metrics/user-dau)
- [Active users (weekly)](https://tokenterminal.com/explorer/projects/injective/metrics/user-wau)
- [Active users (monthly)](https://tokenterminal.com/explorer/projects/injective/metrics/user-mau)
- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/injective/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/injective/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/injective/metrics/active-addresses-monthly)
- [Core developers](https://tokenterminal.com/explorer/projects/injective/metrics/active-developers)
- [Code commits](https://tokenterminal.com/explorer/projects/injective/metrics/code-commits)
- [Contract deployers](https://tokenterminal.com/explorer/projects/injective/metrics/contract-deployers)
- [Contracts deployed](https://tokenterminal.com/explorer/projects/injective/metrics/contracts-deployed)
- [Transaction count](https://tokenterminal.com/explorer/projects/injective/metrics/transaction-count)
- [Transactions per second](https://tokenterminal.com/explorer/projects/injective/metrics/transactions-per-second)
- [Average transaction fee](https://tokenterminal.com/explorer/projects/injective/metrics/transaction-fee-average)
- [Median transaction fee](https://tokenterminal.com/explorer/projects/injective/metrics/transaction-fee-median)
- [Average fees per user (AFPU)](https://tokenterminal.com/explorer/projects/injective/metrics/afpu)
- [Average revenue per user (ARPU)](https://tokenterminal.com/explorer/projects/injective/metrics/arpu)
- [Block time](https://tokenterminal.com/explorer/projects/injective/metrics/block-time)
- [Ecosystem active addresses (monthly)](https://tokenterminal.com/explorer/projects/injective/metrics/ecosystem-active-addresses-monthly)
- [Ecosystem transaction count (contracts)](https://tokenterminal.com/explorer/projects/injective/metrics/ecosystem-transaction-count-contracts)
- [Ecosystem gas used](https://tokenterminal.com/explorer/projects/injective/metrics/ecosystem-gas-used)
- [Ecosystem bridged stablecoin supply](https://tokenterminal.com/explorer/projects/injective/metrics/ecosystem-bridged-stablecoin-supply)
- [Take rate](https://tokenterminal.com/explorer/projects/injective/metrics/take-rate)

## Links

- [github](https://github.com/InjectiveLabs)
- [twitter](https://twitter.com/Injective_)
- [discord](https://discord.com/invite/NK4qdbv)
- [website](https://injective.com/)
