Projects

Injective - Logo

Injective (INJ)

Blockchains (L1)

Price

~$25.5713

Live

ATH

$51.56

57d ago

ATL

$0.6809

3.5y ago

7d price -1.1%

30d price -26.6%

90d price -18.2%

180d price +50.4%

Learn more

What is Injective?

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.

How does Injective work?

Validators process transactions and receive transactions fees, exchanges work as orderbook relayers and receive trading fees from users (supply-side fees).

Who governs Injective?

INJ holders own and govern the protocol. They currently take a cut of the total trading fees paid by users (revenue). Injective’s investors include Binance, Jump Crypto, Mark Cuban, etc.
RevenueShare of trading fees that are burned$60Connects exchange operators and usersSupply-side feesExchange operators' share of the fees$40Exchange operatorsFeesTrading fees paid by users$100Users
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.