Real-Time INJ Price Overview
The current live price of Injective (INJ) is $11.22**, with a 24-hour trading volume of **$68,159,429. Key market data:
- 24-hour change: -5.47%
- 7-day change: +4.62%
- Market cap: $1,121,398,374 (Ranked #58)
- Circulating supply: 99,970,935 INJ
👉 Track INJ price alerts for real-time updates.
Historical context:
Today's price is 78.63% below INJ's all-time high but remains 2,619.24% above its lowest recorded value.
What Is Injective Protocol (INJ)?
Injective Protocol is an interoperable blockchain designed for Ethereum-compatible DeFi applications. Its native token, INJ, powers:
- Cross-chain trading (perpetuals, futures, synthetics)
- Gas-free transactions with instant finality
- A decentralized central limit order book (CLOB) system
Key features:
- Proof-of-Stake consensus via Tendermint
- Ethereum Virtual Machine (EVM) compatibility
- Developer rewards for dApp creation
Founders & Background
Co-founded by Eric Chen (ex-crypto fund researcher) and Albert Chon (ERC-1178 token standard creator), Injective Labs combines financial expertise with blockchain innovation.
INJ Token Utility & Economics
Primary Use Cases
- Governance: Vote on protocol upgrades
- Staking: Earn up to 12% APY
- Collateral: Back margin trading positions
- Liquidity rewards: Incentivize market makers
Tokenomics
- Max supply: 100 million INJ (deflationary)
Distribution:
- 31.67% to early investors
- Remainder split between team, ecosystem fund, and community growth
👉 Secure your INJ holdings with trusted storage solutions.
Market Analysis & FAQs
Frequently Asked Questions
Q: What was INJ's highest price?
A: $52.50 (March 15, 2024)
Q: Where can I buy INJ securely?
A: Top exchanges include Binance, KuCoin, and Kraken. Always verify official links.
Q: How does Injective ensure security?
A: Through PoS validation and regular protocol audits.
Q: Is INJ good for long-term investment?
A: Market trends suggest potential, but always DYOR (Do Your Own Research).
Key Takeaways
- Monitor volatility: INJ remains sensitive to broader crypto market movements
- Cross-chain functionality positions Injective as a DeFi innovator
- Staking opportunities provide passive income potential
Data updated in real-time. For educational purposes only—not financial advice.
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