Injective ProtocolINJ

Rank #116
On 5,853 watchlists

Injective Protocol Price (INJ)


0.0002721 BTC

0.006435 ETH

INJ  Injective Protocol INJPrice: $8.68 1.04%
Market Cap
Fully Diluted Market Cap
Circulating Supply
15,262,410 INJ
Max Supply

Injective Protocol Chart


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About Injective Protocol

Injective Protocol price today is $8.68 USD with a 24-hour trading volume of $29,853,805 USD. Injective Protocol is up 1.04% in the last 24 hours. The current CoinMarketCap ranking is #116, with a market cap of $132,434,946 USD. It has a circulating supply of 15,262,410 INJ coins and a max. supply of 100,000,000 INJ coins.

The top exchanges for trading in Injective Protocol are currently Binance, Huobi Global, BiONE, VCC Exchange, and Upbit. You can find others listed on our crypto exchanges page.

What is Injective Protocol?

Injective Protocol describes itself as the first layer-2 DEX that unlocks the full potential of decentralized derivatives and borderless DeFi.

The Injective Chain is implemented as a Cosmos SDK module, built with Ethermint (EVM on Tendermint). It utilizes a Tendermint-based Proof-of-Stake to facilitate cross chain derivatives trading across Cosmos, Ethereum, and many other layer-1 protocols. In addition, the protocol is collision resistant and utilizes Verifiable Delay Functions (VDFs) to prevent front-running.

How does Injective Protocol work?

INJ is the token utilized on Injective and was launched via a public offering in 2020, becoming the first project backed by Binance Labs to debut on Binance Launchpad. The use cases intended for INJ include but are not limited to: protocol governance, exchange fee value capture, derivatives collateralization, liquidity mining, and staking.

The Injective platform enable users to take part in decentralized cross-chain derivatives trading with zero gas fees while also being able to access cross-chain yield generation for a multitude of assets. Due to how the platform is governed by a DAO structure, Injective enables everyone to create and trade on any derivative market with only a price feed, thereby opening up more opportunities for trading on markets not found on other exchanges.

Some of Injective Protocol's key elements include:

  • Layer-2 decentralized derivatives trading: Injective is able to achieve fast trading speeds while charging zero gas fees.
  • Trade on any market: Injective allows anyone to create and trade on any derivative market using only a price feed, thereby opening up many opportunities for trading on markets not found on other exchanges.
  • Cross-chain trading and yield generation: Injective is capable of supporting a diverse array of trading and yield generation activities across distinct layer-1 blockchain networks.
  • Community driven network governance: Injective’s network will be governed by its decentralized community in which new listings or network changes are all voted on a Decentralized Autonomous Organization (DAO) structure.
  • Liquidity mining incentives: Injective’s community will be able to capture value via liquidity mining programs that have been natively built onto the network to spur continuous growth.

Injective is backed by the likes of Binance, Pantera, Hashed in the blockchain industry.



Injective Protocol



United States Dollar

INJ Price Statistics

Injective Protocol Price Today
Injective Protocol Price$8.68
Price Change24h$0.09066


24h Low / 24h High
$8.39 /
Trading Volume24h$29,853,804.57


Market Dominance0.01%
Market Rank#116
Injective Protocol Market Cap
Market Cap$132,434,946.50


Fully Diluted Market Cap$867,719,740.03


Injective Protocol Price Yesterday
Yesterday's Low / High
$8.41 /
Yesterday's Open / Close
$8.81 /
Yesterday's Change


Yesterday's Volume$31,409,761.54
Injective Protocol Price History
7d Low / 7d High
$6.17 /
30d Low / 30d High
$3.54 /
90d Low / 90d High
$0.6557 /
52 Week Low / 52 Week High
$0.6557 /
All Time High
Jan 19, 2021 (6 days ago)


All Time Low
Nov 03, 2020 (3 months ago)


Injective Protocol ROI


Injective Protocol Supply
Circulating Supply15,262,410 INJ
Total Supply100,000,000 INJ
Max Supply100,000,000 INJ

Injective Protocol Markets

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Injective Protocol News

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