Injective Protocol (INJ) Price
$7.6801 3.58%
Latest Updates
Updated at 19:50Market cap
$767,788,162.56
Volume 24H
$80,659,852.86
Price change 24h
+$0.2748 3.58%
Price change 7d
+$0.40338 5.25%
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+$0.63983 92.06%
+$0.0039 90.38%
+$0.01597 54.25%
+$0.02752 42.17%
+$0.10694 31.10%
+$0.47785 22.28%
+$0.01315 20.32%
+$0.00003 19.47%
+$0.00474 18.70%
+$0.00012 15.55%
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