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| Injective Protocol 
| #INJ
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| INJ Price: | $15.10 | | Volume: | $88.1 M | | All Time High: | $52.76 | | Market Cap: | $1.5 B |
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| Circulating Supply: | 99,000,000 |
| Exchanges: | 63
| | Total Supply: | 100,000,000 |
| Markets: | 98
| | Max Supply: | — |
| Pairs: | 74
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The price of #INJ today is $15.10 USD.
The lowest INJ price for this period was $0, the highest was $15.10, and the current live price for one INJ coin is $15.10004.
The all-time high INJ coin price was $52.76.
Use our custom price calculator to see the hypothetical price of INJ with market cap of ETH or other crypto coins. |
The code for Injective Protocol is #INJ.
Injective Protocol is 4.3 years old. |
The current market capitalization for Injective Protocol is $1,494,903,675.
Injective Protocol is ranked #55, by market cap (and other factors). |
There is a large daily trading volume on #INJ.
Today's 24-hour trading volume across all exchanges for Injective Protocol is $88,111,764. |
| The circulating supply of INJ is 99,000,000 coins, which is 99% of the total coin supply. |
INJ is well integrated with many pairings with other cryptocurrencies and is listed on at least 63 crypto exchanges.
View #INJ trading pairs and crypto exchanges that currently support #INJ purchase. |
Injective Teams Up with Espresso Systems to Pioneer Decentralized Rollups
Injective is excited to announce its collaboration with Espresso Systems, a protocol helping to create decentralized rollup sequencers. This collaboration marks a significant step towards bringing decentralization to rollups built within Injective’s ecosystem, most notably Cascade, the first-ever Solana SVM rollup for Injective and the broader IBC ecosystem. — What is Espresso Systems? - Espresso System builds tools and infrastructure that create more safe, open, and performant options for interacting and transacting on-chain. A core offering of its services is the Espresso sequencer, which plays a crucial role in enabling rollup decentralization and improved interoperability in the context of Layer 2 scaling solutions. It is designed to facilitate fast and efficient processing of transactions while maintaining a decentralized approach, ensuring credible neutrality, security, and fairness in the transaction validation process. The sequencer achieves this without sacrificing the user experience typically associated with single centralized sequencer systems. Espresso Systems is backed by some of the leading firms in the industry such as Electric Capital, Greylock Partners, Sequoia Capital, and Polychain Capital. — How does this affect the Injective community? - Espresso’s shared sequencer solution plays a crucial role in enabling rollup decentralization and enhanced interoperability, without compromising the fas... 
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Open Liquidity Program (OLP) Launch
The Open Liquidity Program has launched, bringing unmatched liquidity and capital efficient DeFi into the Injective ecosystem. The Open Liquidity Program (OLP) will allow everyday users and institutions to participate in the rapidly growing ecosystem on Injective while simultaneously earning rewards in the form of INJ. OLP members will be able to provide liquidity on Injective’s on-chain orderbook infrastructure in a permissionless manner to attain INJ rewards. Beginning June 13, 2023, 60,000 INJ can be earned by eligible participants during each epoch (28 day period). Get Started: Link OLP Docs: Link — Background. — Injective already supports the most liquid truly on-chain DeFi ecosystem in crypto today. As the fastest blockchain built for finance, Injective seeks to provide robust liquidity across its ecosystem. dApps built on Injective are able to tap into a shared orderbook infrastructure for liquidity. As a result of this pioneering tech, a user transaction from dApp A can be matched with another arising from dApp B. This vastly improves liquidity fragmentation issues that are commonplace in crypto today. Over the past year, the Injective community has continued to find innovation in new avenues to further bring more liquidity. This involved combining the best of finance with groundbreaking infrastructure that can sustain the highest levels of throughput on-chain. Ultimately, these ideas and integrations...
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Injective Integrates Astar Network and Polkadot Assets to Expand IBC Interoperability
Injective has integrated Astar, bringing the leading Polkadot parachain into the broader IBC ecosystem for the first time. With this integration, Astar assets can now be accessed by the Injective ecosystem and the larger Cosmos community, integrating two of the largest networks within the broader Polkadot and IBC universe. The integration was made possible thanks to the recent integration of Celer Network, which enabled the support of ASTR assets to be bridged through cBridge. — What is Astar?. — Astar Network is a blockchain that aims to be Polkadot’s smart contract hub and serves as a parachain for Polkadot. It provides the infrastructure for building dApps within both EVM and WASM smart contract environments. Astar is also the leading blockchain in Japan today, having collaborated with corporations such as Sony and Toyota. Astar’s unique Build2Earn model empowers developers to earn through a dApp staking mechanism for their code and the dApps they build. — How does this impact the Injective community?. — Now users on Injective can access both Astar and Polkadot assets seamlessly, in turn bringing the Polkadot and Cosmos ecosystems closer together than ever before.“Bringing together the Cosmos and Polkadot ecosystems has long been a goal for the entire crypto industry, so we are thrilled to be playing a part alongside the teams at Astar and Celer. This integration unlocks not only new synerg...
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Injective Releases Liquid Staking with Stride
Injective has launched liquid staking for its native token INJ for the first time! stINJ (the official liquid staked form of INJ) was made possible by Stride, a specialized app chain for liquid staking. With stINJ, users can unlock far more liquidity and yield generation opportunities across the Injective ecosystem. In turn, liquid staking introduces far more use cases and utility for the native INJ token as well. To celebrate this milestone, Injective stakers will receive an exclusive Stride (STRD) airdrop, enabling the community to take part in governing the Stride DAO that helped to create stINJ. — What is Liquid Staking and stINJ?. — Traditionally, staking requires users to lock up their tokens in order to secure a Proof-of-Stake (PoS) network. However, locked tokens cannot be utilized for DeFi endeavors (trading, lending, etc.). Liquid staking aims to solve this issue by enabling users to stake while still maintaining their liquidity. Liquid staking is the act of delegating your tokens to a service that stakes for you without losing access to your funds. stINJ is a tokenized derivative of staked INJ enabled by Stride, an interchain protocol specializing in liquid staking. Stride is not only the first liquid staking zone for the cosmos ecosystem but also facilitates the most liquidity for major tokens such as ATOM. Stride allows you to stake INJ while also minting stINJ (staked INJ). stINJ is a representat...
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Astroport Mainnet Launches on Injective
The Astroport mainnet is now live on Injective, bringing the most powerful AMM to the Injective ecosystem! Injective now has the most liquid on-chain orderbook infrastructure coupled with a sophisticated AMM application, creating a highly capital efficient environment for users everywhere. Astroport is a sophisticated AMM protocol that allows any user to swap or LP crypto assets using multiple pool types, including Curve-style stableswap pools and Uniswap V2-style constant product pools. Astroport users will also be able to take advantage of Injective’s interoperable network, swapping assets bridged from not only Cosmos or Ethereum, but also from Solana, Aptos, and Avalanche through Injective’s Wormhole integration. Since Astroport launched its testnet on Injective in early January, it has attracted a great deal of attention from the broader Cosmos community during the early-access testing testing phases. Now the mainnet launch not only marks Astroport’s first-ever interchain deployment but also brings a new avenue for users to instantly swap crypto assets and earn yield within the Injective ecosystem. — What Is Astroport?. — Astroport is an automated market maker (AMM) that aims to make it easy for users to swap crypto assets. Unlike traditional exchanges, Astroport’s AMM exchange automatically matches buyers and sellers through algorithms and smart contracts, allowing for instant trades to occur at a pred...
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The Ninja Masters Ambassador Program Launch
The Injective community is launching the brand new Ninja Masters Ambassador Program today! The program will allow participants to engage with Injective like never before while also for the first time enabling participants to earn exclusive rewards, INJ tokens and perks not available to anyone else. Join the official Injective Discord sever to automatically enter the ambassador program and earn the ninja role! Please be sure to read the complete program details here. The guide will serve as a handy tool for you and provides an overview of all program components. — Introduction. — Injective has experienced rapid growth across its ecosystem as the only layer one blockchain optimized for building Web3 finance applications. A major reason behind Injective’s success to date is its vibrant community worldwide. Now Injective is introducing the brand new Ninja Masters Ambassador Program to further help accelerate Injective community growth and adoption. By becoming a Ninja, you can play a major role in shaping the future of Injective and Web3. — Program Structure. — The Ninja Masters Ambassador Program consists of 5 rankings: Ninja → Warrior → Knight → Lord → Master Every task you complete will earn you points and gaining more points is how you can level up your ranking. Achieving a higher rank will unlock more rewards and benefits! A complete list of level rewards can be found here. — How c...
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Introducing the Injective Global Virtual Hackathon
Today the ninja community is releasing the first ever Injective Global Hackathon with up to $1,000,000 in prizes and seed funding to further support the brightest Web3 builders. This is the first season of the Injective Global Hackathon series with participation open to any and all! We will also be hosting technical workshops and developer sessions to help you along in your journey into the Injective universe. Register Here by February 24, 2023 in order to participate. The hackathon is slated to begin in early March. You can find more information on the official Injective Hackathon website. — What is the Injective Hackathon?. — The Injective Global Hackathon is the ultimate builder event for creating tomorrow’s premier Web3 finance applications. During the month-long online hackathon you can launch innovative protocols and dApps with mentorship from industry leaders across crypto. With world-class VCs, technologists, researchers, projects, and financial institutions all joining to power the next generation of DeFi, the Injective Hackathon will serve as the foremost launchpad for developers seeking to revolutionize the world of Web3. Injective is witnessing major growth in developer activity and dApp deployments with projects such as Helix, Frontrunner and White Whale launching on chain. Last week, Astroport, one of the largest AMMs in history also selected Injective as its new L1 destination chain. The Injectiv...
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Astroport Beta Launches on Injective
Astroport launches its highly anticipated beta on the Injective testnet today, bringing an advanced AMM to the Injective universe. Originally released on Terra, Astroport was one of the largest DeFi applications on the protocol, regularly facilitating hundreds of millions of dollars in trading volume shortly after its launch. Astroport is a sophisticated AMM protocol that allows any user to swap crypto assets using multiple pool types, including Curve-style stableswap pools and Uniswap v2-style constant product pools. Astroport users will also be able to take advantage of Injective’s interoperable network, swapping assets bridged from not only Cosmos or Ethereum, but also from Solana, Aptos, and Avalanche through Injective’s recent Wormhole integration. This new addition is a major boon for the Injective ecosystem, bringing a new avenue for users to earn and swap tokens within the Injective ecosystem. — What Is Astroport?. — Astroport is an automated market maker (AMM) that aims to make it easy for users to swap crypto assets. Unlike traditional exchanges, Astroport’s AMM exchange automatically matches buyers and sellers through algorithms and smart contracts, allowing for instant trades to occur at a predetermined price. As Astroport is built on Injective, users will be able to take advantage of Injective’s interoperable network, swapping assets from not only Cosmos or Ethereum, but also from chains such ...
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Injective: A Review of 2022
To say that 2022 was a monumental year for Injective is an understatement. This year, Injective not only focused on continuing to expand its ecosystem while strengthening the layer one chain but it also accelerated its reach within the broader Web3 community, generating more news and buzz around its mission than ever before. The focus for the community this year was to continue working towards its primary goal: to build the best blockchain for finance. With numerous new integrations, ranging from creating a more interoperable network to providing easier fiat onboarding solutions, multiple protocols were able to launch on Injective, enabling a wide array of new use cases that can cater to the next billion crypto users. Publications, partners and notable leaders all took note, which culminated into a historic raise for Injective, with $40 million in funding from leading financial institutions, Jump Crypto and BH Digital. As Injective enters 2023, a look back on all the progress built this past year is imperative as it not only shows how far Injective has come, but all that can be achieved in one year as it continues to stay in the forefront of driving innovation and adoption of Web3 finance. — Major Injective Milestones - The Injective ecosystem is growing at an astonishing pace The Injective ecosystem grew at an astounding pace this year, reaching a great deal of new milestones along the way. You can view all ecosyste...
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White Whale Deploys a Novel Flash Loan and Arbitrage Protocol on Injective
White Whale, the Cosmos interchain liquidity hub, is now live on Injective bringing Flash Loans to the ecosystem for the first time! Injective users can now participate in arbitrage and flash loans without any barriers. With this new integration, users can easily access a wide array of liquidity pools across the broader Cosmos IBC ecosystem. In addition, White Whale AMMs can work in tandem with Injective’s on-chain CLOB primitive to create far more efficient markets. Lastly, arbitrage strategies can be carried out more readily across other IBC-enabled chains which provides users with new avenues to interact with dApps built on Injective. — What is White Whale? - White Whale is an interchain liquidity protocol in the Cosmos ecosystem. White Whale V2 provides a unique interchain liquidity infrastructure in order to decrease fragmented liquidity, fix price disparities, and decentralize market-making in a capital-efficient manner. White Whale aims to solve the key challenges dApps and chains in the Cosmos ecosystem face: Market inefficiencies: The available interchain liquidity is often fragmented across chains. Fractured liquidity results in shallow pools with high spreads and price disparities between chains., Capital inefficiencies: Every arbitrageur and liquidator will need their own capital sitting on every chain to efficiently arb or to liquidate borrowers. When there are no arbs or liquidations, the capital sits ...
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