About Injective Protocol
Injective Protocol describes itself as the first layer-2 DEX that unlocks the full potential of decentralized derivatives and borderless DeFi. The Injective Chain is implemented as a Cosmos SDK module, built with Ethermint (EVM on Tendermint). It utilizes a Tendermint-based Proof-of-Stake to facilitate cross chain derivatives trading across Cosmos, Ethereum, and many other layer-1 protocols. In addition, the protocol is collision resistant and utilizes Verifiable Delay Functions (VDFs) to prevent front-running.
Injective Protocol Defi Coins mission is to create a more free and inclusive financial system through decentralization. By providing the unrestricted and unprecedented ability to express diverse views in the decentralized financial markets, they are striving to empower individuals with the ability to more efficiently allocate capital in society.
Quick Fact About Keep Injective Protocol Defi Coins
| Coin Basic | Information |
|---|---|
| DEFI Coin Name | Injective Protocol Defi Coins |
| Circulating Supply | 15,123,242 INJ |
| Total Supply | 100,000,000 |
| Contract Address | 0xe28b3b32b6c345a34ff64674606124dd5aceca30 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To Visit |
| Twitter Group | Click Here To Visit Twitter Group |
| Documentation | Click Here To View |
| Social Support | Yes |
| Official Project Website | Click Here To Visit Project Website |
How does Injective Protocol work?
INJ is the token utilized on Injective and was launched via a public offering in 2020, becoming the first project backed by Binance Labs to debut on Binance Launchpad. The use cases intended for INJ include but are not limited to: protocol governance, exchange fee value capture, derivatives collateralization, liquidity mining, and staking.
The Injective platform enable users to take part in decentralized cross-chain derivatives trading with zero gas fees while also being able to access cross-chain yield generation for a multitude of assets. Due to how the platform is governed by a DAO structure, Injective enables everyone to create and trade on any derivative market with only a price feed, thereby opening up more opportunities for trading on markets not found on other exchanges.
How is Injective Different?
The biggest fundamental difference between Injective Protocol and other exchanges is that we make exchange a decentralized public utility which gives our users and community the resultant value capture from our exchange protocol.
Our technology brings an order of magnitude speedup by scaling trade execution and settlement on layer- 2 all while being fully decentralized.Injective’s fully decentralized nature uniquely allows individuals to permissionlessly create and trade derivative markets that even centralized exchanges cannot support.
Limitless trading on the first fully Decentralized Exchange
Fully decentralized
The Injective Chain is a fully-decentralized sidechain relayer network which serves as a layer- 2 derivatives platform, trade execution coordinator(TEC), and decentralized orderbook.The core consensus is Tendermint- based.
Layer-2 Speed
The Injective Chain provides a two-way Ethereum peg-zone for Ether and ERC-20 tokens to be transferred to the Injective Chain as well as an EVM-compatible execution environment for DeFi applications. The peg-zone is based off Peggy and the EVM execution is based off Ethermint.
Orderbook Model
Injective’s Orderbook is a fully decentralized 0x-based orderbook enabling sidechain order relay with on – chain settlement – a decentralized implementation of the traditionally centralized off-chain order relay used by nearly all central limit order book decentralized exchanges.
Unlimited Markets
Market creation is entirely open and permissionless. This enables anyone to create a market using only a price feed and deploy it to the larger Injective ecosystem.
Zero Gas Fees
Given the unique layer-2 structure, Injective is able to avoid both network congestion and the associated high gas fees.This zero gas fee structure can enable anyone to trade freely without having to worry about high gas fees or network latencies.
Trailblazing the new dawn of Decentralized Finance
Injective Protocol provides traders unparalleled access to new decentralized derivatives markets without any restrictions.
Trade on anything
Injective gives you the freedom to create and trade on any derivatives market of your choosing.
Earn Yield
Earn cross-chain yield on Ethereum, Cosmos and other decentralized networks.
Community–owned
Participate in governance and shape the future of Injective Protocol.
Core Features
Injective Chain
A layer-2 Cosmos zone that hosts the first trustless and fully decentralized exchange protocol. We have built the first fully decentralized orderbook, trade execution coordinator, order matcher and order execution environment.
Injective Futures Protocol
A fully decentralized peer-to-peer futures protocol supporting decentralized perpetual swaps and contracts for difference(CFDs). This will enable anyone to create and trade on arbitrary derivative markets with just a price feed.
Injective Exchange
A completely open-source exchange infrastructure that disintermediates the current centralized exchange model. Injective eliminates the technical barriers of entry for anyone to trade on a highly performant exchange.
Injective Governance
Injective is decentralized and governed by the community using the Injective Token. Anyone can join as a stakeholder for our project and have a real say in making decisions in our protocol.
