Injective INJ
1. Summary
- Price
-
$23.52 -4.4%
- Market Cap
- $2.30B (#46)
- Supply
- 97.73M / 100.00M
- 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.
| Price | |
| 52W High price | $51.56 |
| 52W High date | 13th Mar 2024 (8 months ago) |
| All Time High (ATH) Date | 14th Mar 2024 (8 months ago) |
| ATH Price | $52.62 |
| % From ATH | -58.07% |
| All Time Low (ATL) Date | 3rd Nov 2020 (4 years ago) |
| ATL Price | $0.66 |
| % From ATL | 3256.56% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $262.80M |
| Total Supply | 100.00M |
| Circulating Supply | 97.73M |
INJ
How does Injective's (INJ) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
10.7%
INJ
7.3%
Similar Market Cap
60 Day Return
34.0%
INJ
17.4%
Similar Market Cap
1 Year Return
25.9%
INJ
58.9%
Similar Market Cap
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 1
- Past 12 weeks: 357 commits vs. an average of 8
- Past year: 1,451 commits vs. an average of 113
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.
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 | 216,494 |
| Active Discord Users | 6,245 |
| Telegram Users | 27,588 |
| Twitter followers | 537,592 |
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cryptobriefing.com/injective-ai-toolkit-launch/
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ambcrypto.com/injective-burns-11000-inj-tokens-targeting-51-90-next/
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ambcrypto.com/injective-burns-11000-inj-tokens-targeting-51-90-next/
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ambcrypto.com/injective-burns-11000-inj-tokens-targeting-51-90-next/
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ambcrypto.com/injective-burns-11000-inj-tokens-targeting-51-90-next/
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ambcrypto.com/can-injective-surge-to-53-inj-needs-to-meet-this-condition-first/
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ambcrypto.com/can-injective-surge-to-53-inj-needs-to-meet-this-condition-first/
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ambcrypto.com/can-injective-surge-to-53-inj-needs-to-meet-this-condition-first/
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ambcrypto.com/can-injective-surge-to-53-inj-needs-to-meet-this-condition-first/
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newsbtc.com/news/injective-news-2/injective-integrates-fetch-ai-and-asi-why-is-inj-down/
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newsbtc.com/news/injective-news-2/injective-integrates-fetch-ai-and-asi-why-is-inj-down/
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newsbtc.com/news/injective-news-2/injective-integrates-fetch-ai-and-asi-why-is-inj-down/
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newsbtc.com/news/injective-news-2/injective-integrates-fetch-ai-and-asi-why-is-inj-down/
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newsbtc.com/news/injective-news-2/injective-integrates-fetch-ai-and-asi-why-is-inj-down/
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ambcrypto.com/can-injective-inj-reclaim-the-35-level-trigger-a-rally/
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ambcrypto.com/can-injective-inj-reclaim-the-35-level-trigger-a-rally/
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ambcrypto.com/can-injective-inj-reclaim-the-35-level-trigger-a-rally/
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ambcrypto.com/can-injective-inj-reclaim-the-35-level-trigger-a-rally/
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ambcrypto.com/can-injective-inj-reclaim-the-35-level-trigger-a-rally/
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ambcrypto.com/analyzing-injectives-340-volume-surge-will-this-push-inj-past-24/
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ambcrypto.com/analyzing-injectives-340-volume-surge-will-this-push-inj-past-24/
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ambcrypto.com/analyzing-injectives-340-volume-surge-will-this-push-inj-past-24/
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... |
| @InjectiveLabs | |
| /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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