Injective Protocol (INJ) Price
$4.9253 0.09%
Latest Updates
Updated at 18:40Market cap
$492,387,167.86
Volume 24H
$41,727,250.78
Price change 24h
-$0.00439 0.09%
Price change 7d
+$0.37497 7.61%
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+$0.39799 140.00%
+$0.01804 90.14%
+$0.43617 56.91%
+$0.00924 32.38%
+$0.02071 31.00%
+$0.00828 30.88%
+$0.0383 30.32%
+$0.00488 23.47%
+$0.00175 18.68%
+$0.00159 18.66%
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