Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure
Injective Protocol (INJ) price, chart, coin profile and news
Find the latest Injective Protocol (INJ) price, coin profile, news and history to get you started with Injective Protocol trading and investing.
What is Injective Protocol?
Injective Protocol is a decentralized exchange that allows users to trade on any derivative market of their own choosing without paying gas fees (using Layer-2 technology). Using Injective Protocol, individuals can trade on any market they choose including futures, perpetual swaps and spot trading. Cryptocurrency exchange Binance is Injective Protocol’s biggest investor and Injective was the first Binance Labs-incubated project to debut on the Binance Launchpad (public sale) platform.
The INJ token is the native coin for the Injective Protocol trading platform. You can use INJ tokens to propose and vote on aspects of Injective Protocol, for example the futures protocol, exchange parameters and protocol upgrades. You can also stake INJ tokens and use INJ tokens as collateral for accessing Injective’s derivatives markets. There are also plans to allow liquidity mining of INJ tokens.
Injective Protocol (INJ) is the 238th largest cryptocurrency in the world by market cap, valued at $289,845,207. The current price of Injective Protocol is $6.63, which is -1.844% lower than yesterday. Prices have ranged between $6.91 and $6.49 over the past 24 hours. All prices are listed in US dollars and accurate as of January 18, 2022 10:01 UTC.
Injective Protocol (INJ) priceUse our graph to track the performance of (INJ) over time.
Injective Protocol at a glance
|Total INJ supply||100,000,000|
|All time high||US$24.89|
|All time high date||April 30, 2021|
|Notable team members||Eric Chen, Albert Chon|
|Partnerships||AllianceBlock, TomoChain, Ramp DeFi, SuperFarm, Terra, Mirror Protocol, Band Protocol, WOOTRADE|
|Token uses||Governance, exchange fees, collateral, staking|
Injective Protocol price performance over time
Disclaimer: Cryptocurrencies, including Injective Protocol, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of INJ is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Injective Protocol or any other cryptocurrency discussed.
Ask an Expert