Injective Protocol is a layer-2 decentralized trading protocol designed for cross-chain derivatives trading, unlocking the full potential of borderless decentralized finance. The protocol supports various derivative markets including decentralized Contracts For Difference (CFDs), perpetual swaps, and more. INJ is the native asset of Injective Protocol, serving multiple functions such as governance through a Decentralized Autonomous Organization (DAO) similar to Yearn Finance (YFI), value capture from trading fees, derivatives collateralization, liquidity mining, and staking.
Project Highlights
Layer-2 Decentralized Derivatives Trading: Leveraging its innovative layer-2 architecture, Injective enables high-speed trading with no gas fees.
Trading Any Market: Injective allows anyone to create and trade any derivative market of their choice (such as synthetic assets, crypto-assets, etc.) simply by providing price feeds, opening up limitless opportunities for markets not found on other exchanges.
Cross-Chain Trading and Yield Generation: Injective supports cross-layer-1 blockchain network trading and yield generation.
Community-Driven Network Governance: Injectives network is governed by its decentralized community, where all new listings or changes to the network are decided through a DAO vote.
Liquidity Mining Incentives: Injectives community can extract value from the network through various liquidity mining initiatives built on our native network, incentivizing continuous growth.
High-Speed DEX: By offloading trade execution and settlement to layer-2, Injective accelerates transactions by an order of magnitude while also using Injectives decentralized trading execution coordinator to provide near-instantaneous order cancellations for traders.
Experienced Team: Injectives core team has strong professional backgrounds, with experience at prestigious companies like Open Zeppelin, Amazon, and hedge funds. Team members have graduated from top institutions like Stanford University and have established partnerships with leading DeFi protocols and base public chains such as Elrond, Kava, and Findora.
Strong Community Support: Injective has a rapidly growing international community with over 23,000 community members across platforms.
