Injective Protocol INJ Token: A Must-Have for DeFi Investors




Injective Protocol is a decentralized exchange (DEX) that offers cross-chain margin trading, derivatives and forex futures trading. It is built on the Cosmos SDK and uses Tendermint Proof-of-Stake (PoS) consensus. Injective is designed to be fast, scalable, and interoperable, and it aims to become the go-to platform for trading any asset, anywhere in the world.


The INJ token is the native utility token of Injective Protocol. It can be used for the following purposes:

  • Protocol governance: INJ holders can vote on proposals to upgrade the Injective Protocol.
  • dApp value capture: INJ is used to pay for fees on dApps built on Injective Protocol. This helps to ensure that dApp developers are incentivized to create high-quality applications.
  • PoS security: INJ holders can stake their tokens to secure the Injective network. This helps to ensure that the network is reliable and secure.
  • Developer incentives: INJ is used to fund developer grants and bounties. This helps to attract talented developers to the Injective ecosystem.
  • Staking: INJ holders can stake their tokens to earn rewards. This is a way for users to earn passive income by supporting the Injective network.


Injective Protocol has a ambitious roadmap for 2023 and beyond. Some of the key milestones on the roadmap include:

  • The launch of the Injective Hub, a decentralized exchange that will allow users to trade any asset, anywhere in the world.
  • The launch of the Injective Synthetix, a platform for trading synthetic assets.
  • The launch of the Injective Futures, a platform for trading forex futures contracts.
  • The expansion of the Injective ecosystem to include more dApps and partners.


The Injective Protocol team is made up of experienced professionals from the blockchain and financial industries. The team is led by Eric Chen, the co-founder and CEO of Injective Protocol. Chen is a serial entrepreneur with a proven track record in building successful businesses. The other members of the team have deep experience in blockchain technology, finance, and engineering.


The total supply of INJ tokens is 100 million. The circulating supply is 80 million. INJ tokens are distributed through a combination of public sales, airdrops, and staking rewards.


Injective Protocol has partnered with a number of leading blockchain projects, including Cosmos, Binance, and Hummingbot. These partnerships will help to accelerate the growth of the Injective ecosystem and make it easier for users to access decentralized finance markets.

Major exchanges

INJ tokens are currently listed on a number of major exchanges, including Binance, KuCoin, and This makes it easy for users to buy, sell, and trade INJ tokens.

Circulating supply

As of July 2023, the circulating supply of INJ tokens is 80 million.

Total supply

The total supply of INJ tokens is 100 million.


As of July 2023, the marketcap of INJ tokens is $690 million.

Final verdict

Injective Protocol is a promising decentralized exchange with a strong team and a clear roadmap. The INJ token is a valuable asset that can be used for a variety of purposes, including protocol governance, dApp value capture, PoS security, developer incentives, and staking. I highly recommend having a little bit of financial exposure to INJ.

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