Price
$28.98
24h% change
18.6%
Volume (24h)
$521.458M
Market Cap
$2.837B
Injective stands out as a blockchain tailored for finance, serving as an open and interoperable layer-one blockchain dedicated to empowering the next generation of decentralized finance (DeFi) applications. This includes decentralized spot and derivatives exchanges, prediction markets, lending protocols, and more.
What sets Injective apart is its provision of robust core financial infrastructure primitives that applications can effectively utilize. This includes a fully decentralized, MEV-resistant on-chain orderbook. Furthermore, all types of financial markets, including spot, perpetual, futures, and options, operate entirely on-chain. The decentralized cross-chain bridging infrastructure seamlessly integrates with Ethereum, IBC-enabled blockchains, and non-EVM chains like Solana.
Injective boasts a next-generation, highly interoperable smart contract platform based on CosmWasm, featuring advanced interchain capabilities. Its custom build with the Cosmos SDK and implementation of a Tendermint-based Proof-of-Stake consensus mechanism ensures instant transaction finality and the capability to sustain lightning-fast performance, exceeding 10,000 transactions per second (TPS).
The Injective ecosystem thrives with over 100 projects and a community exceeding 150,000 members globally. Notably, Injective has garnered support from prominent investors, including Binance, Pantera Capital, Jump Crypto, and Mark Cuban. This solid backing underscores the platform's credibility and potential in the realm of decentralized finance.
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Injective’s historic highest price is $52.62, which was recorded on 14th of March 2024. Currently, Injective’s price is %44.7 Lower than its historic high.
Injective’s historic lowest price is $0.65740, which was recorded on 1st of January 1970. Currently, Injective’s price is %4322.4 Higher than its historic low.
Let's take a look at the important factors that impact Injective's worth, such as how many people want to buy or sell it and how available it is. Other influences include what's being said about it on the news and internet, changes in the global economy and politics, and rules Governments set for using it.