Injective Protocol
Market Open
13 Sep, 07:19
$
5. 873000
-0.115
-1.9205%
$
154,833 Volume
$ 5.988
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INJUSD Overview
INJUSD denotes the market price of Injective Protocol’s native token, INJ, quoted in US dollars. It reflects the amount of USD required to buy one INJ on exchanges where the token is listed.
Injective Protocol is a blockchain-based decentralized exchange and derivatives platform built as a layer-1 using Tendermint and Cosmos interoperability. The project was founded by Eric Chen and Albert Chon and emerged in the late 2010s, with its mainnet and token distribution becoming active in subsequent years. INJ serves utility and governance roles on the network and is issued with a capped supply, enabling staking, protocol governance, and fee settlement.
The INJUSD rate is determined by market forces across spot and derivatives venues: order book liquidity, trading volume, and participants’ buy and sell interest. On-chain activity, protocol upgrades, token unlocks, macroeconomic developments, and broader crypto market sentiment also influence price movements, as do exchange listing changes and regulatory news.
INJUSD is used for price discovery, trading, hedging, and portfolio allocation by retail and institutional participants. It also provides a reference for valuing staking rewards, governance positions, and derivatives contracts tied to the Injective ecosystem.
As with other cryptocurrencies, INJUSD can exhibit significant volatility; liquidity varies by exchange and time, affecting spreads and execution risk for market participants.
Injective Protocol is a blockchain-based decentralized exchange and derivatives platform built as a layer-1 using Tendermint and Cosmos interoperability. The project was founded by Eric Chen and Albert Chon and emerged in the late 2010s, with its mainnet and token distribution becoming active in subsequent years. INJ serves utility and governance roles on the network and is issued with a capped supply, enabling staking, protocol governance, and fee settlement.
The INJUSD rate is determined by market forces across spot and derivatives venues: order book liquidity, trading volume, and participants’ buy and sell interest. On-chain activity, protocol upgrades, token unlocks, macroeconomic developments, and broader crypto market sentiment also influence price movements, as do exchange listing changes and regulatory news.
INJUSD is used for price discovery, trading, hedging, and portfolio allocation by retail and institutional participants. It also provides a reference for valuing staking rewards, governance positions, and derivatives contracts tied to the Injective ecosystem.
As with other cryptocurrencies, INJUSD can exhibit significant volatility; liquidity varies by exchange and time, affecting spreads and execution risk for market participants.
INJUSD Chart
Injective tokenizes over $1B in real estate mortgages as Pineapple Financial scales blockchain migration
Injective's blockchain dominance in tokenized real estate could reshape asset management, but reliance on Pineapple poses concentration risks. Injective tokenizes over $1B in real estate mortgages as Pineapple Financial scales blockchain migration.
Cryptobriefing | 20 hours ago
Injective's RWA Perpetual Volume Tops $5.3B Amid SEC Shift
Injective's RWA perpetual markets pass $5.3B as SEC eyes regulated stock perpetuals in the US.
Blockonomi | 1 day ago
Injective USDC becomes canonical USDC standard across Cosmos ecosystem including dYdX
The adoption of Injective USDC as the standard across Cosmos could streamline operations but introduces a single point of dependency risk. Injective USDC becomes canonical USDC standard across Cosmos ecosystem including dYdX.
Cryptobriefing | 2 days ago
INJUSD FAQ
What is the current Injective Protocol price?
The current price is $5.873000, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by -0.115 (-1.9205%), showing how much the asset has moved compared to the previous close.
What is the previous close for Injective Protocol?
The previous close was $5.988000, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (-1.9205%) is calculated based on the difference between the current price and the previous closing price.
What does the daily range show?
The range reflects the lowest ($5.863000) and highest ($6.164000) prices traded during the selected period, helping assess volatility.
Why is Injective Protocol (INJ) moving today?
Price movements in Injective Protocol are driven by market sentiment, trading volume, news, adoption, and overall crypto market conditions.
Is the current trend bullish or bearish?
If the current price ($5.873000) is below the previous close ($5.988000), it indicates upward momentum. If below, it suggests a downward trend.
Where can I see live charts for Injective Protocol?
You can view real-time charts, price updates, and market data for Injective Protocol (INJ) directly on this page.
