Injective Protocol (INJ) Price
$7.667 0.03%
Latest Updates
Updated at 03:35Market cap
$766,478,462.75
Volume 24H
$96,657,476.1
Price change 24h
+$0.00267 0.03%
Price change 7d
-$0.78899 10.29%
What about Injective?
INJ is a decentralized exchange (DEX) that provides cross-chain margin trading, derivatives, and forex futures trading. As a layer 2 application developed on the Cosmos blockchain, the protocol makes use of cross-chain bridges to give traders access to cryptocurrencies on networks like Polkadot and Ethereum. When managing liquidity, Injective Protocol does not employ an automated market maker (AMM) formula. Instead, it uses the order book model, which has been popular among centralized stock and cryptocurrency exchanges for years. In this way, Injective seeks to combine the efficiency of traditional finance with the transparency of decentralized exchanges.
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Trending
24h top price changes+$0.00092 33.68%
+$0.03478 31.67%
+$0.00247 21.43%
+$0.00405 15.60%
+$0.01271 14.63%
+$0.03944 14.39%
+$0.000000091 13.28%
+$0.01233 9.98%
+$0.00042 9.07%
+$0.00436 8.85%
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