Injective Logo

Injective INJ

Injective header image

1. Summary

Ranks

Liquidity
100
Developer
83
Social
99
Momentum (beta)
80
Stack Rank™
95
Price
52W High price $51.56
52W High date 13th Mar 2024 (6 months ago)
All Time High (ATH) Date 14th Mar 2024 (6 months ago)
ATH Price $52.62
% From ATH -60.6%
All Time Low (ATL) Date 3rd Nov 2020 (3 years ago)
ATL Price $0.66
% From ATL 3053.41%
Supply & Trading Volume
Trading Volume (24h) $147.59M
Total Supply 100.00M
Circulating Supply 97.73M
Description

Injective is a Layer 1 blockchain designed to enhance scalability and democratize access to financial markets. It is built using the Cosmos SDK with a Proof-of-Stake consensus mechanism and has a fully decentralized on-chain order book. The project aims to provide an alternative to Ethereum, improving scalability and accessibility to financial mark...

Injective is a Layer 1 blockchain designed to enhance scalability and democratize access to financial markets. It is built using the Cosmos SDK with a Proof-of-Stake consensus mechanism and has a fully decentralized on-chain order book. The project aims to provide an alternative to Ethereum, improving scalability and accessibility to financial markets for users worldwide.

Key Features

  • INJ Token and Governance: The INJ token is a utility and governance token essential for network validation and used for voting on future project decisions.
  • Automated Buy-Back-and-Burn Mechanism: The network includes a mechanism that manages a portion of the INJ tokens spent by users, reducing the circulating supply and making the token scarcer.
  • Collateral in Derivatives Market: INJ tokens can be used as collateral in the derivatives market, earning rewards for users.

Technical Structure

  • Layer 1 Blockchain: Injective is designed to enhance scalability and accommodate a growing user base.
  • Cosmos SDK: Built using the Cosmos SDK, Injective simplifies the development of decentralized applications.
  • Fully Decentralized On-Chain Order Book: This feature makes the network resistant to MEV and Sandwich attacks, ensuring secure transactions.

Philosophy

  • Scalability: Built to handle a large number of users.
  • Interoperability: Designed for easy integration with other networks.
  • Ease of Development: Simplified development of decentralized applications.
  • Democratization of Financial Markets: The project aims to provide equal access to financial markets regardless of user background.
2. Price

INJ

2.1. Market Performance

How does Injective's (INJ) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

13.0%

INJ

0.4%

Similar Market Cap

60 Day Return

-24.2%

INJ

-28.5%

Similar Market Cap

1 Year Return

178.6%

INJ

38.3%

Similar Market Cap

3. Developer Activity

We're monitoring 121 Injective GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Injective Repos)

Commits vs. The Market

  • Past 4 weeks: 111 commits vs. an average of 2
  • Past 12 weeks: 357 commits vs. an average of 9
  • Past year: 1,451 commits vs. an average of 115

Most Active Repos

Past week 35
Past 12 weeks 205
Past year 1303
Past week 2
Past 12 weeks 2
Past year 1181
Past week 0
Past 12 weeks 70
Past year 1046
Past week 0
Past 12 weeks 0
Past year 725
Past week 0
Past 12 weeks 0
Past year 596
Past week 50
Past 12 weeks 149
Past year 434

Top Developers 2024

In total, 794 developers have contributed to Injective over the past year. Who are the most active Injective developers, by commits, over the past year?

Related Projects

Developers working on Injective also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 9,338
Active Reddit Users (past 24h) 19
Discord users 218,230
Active Discord Users 5,986
Telegram Users 28,236
Twitter followers 525,948
5. News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://injectiveprotocol.com/
Explorer https://etherscan.io/token/0xe28b3b32b6c345a34ff64...
Twitter @InjectiveLabs
reddit /r/injective

What is the correct contract address for Injective?

Cosmos ibc/64BA6E31FE887D66C6F8F31C7B1A80C7CA179239677B4088BB55F5EA07DBE273
Secret secret14706vxakdzkz9a36872cs62vpl5qd84kpwvpew
Ethereum 0xe28b3b32b6c345a34ff64674606124dd5aceca30
Binance-smart-chain 0xa2b726b1145a4773f68593cf171187d8ebe4d495

Has Injective been audited for security?

No security audits found for this project.

Are you the owner of Injective? Edit it here

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