Injective (INJ) is a cryptocurrency that operates on the Ethereum platform, designed to create a blockchain specifically for finance.

How does Injective operate?

Injective operates as a peer-to-peer network, allowing users to interact directly without a central authority, building foundational blockchain infrastructure for global markets.

What are the risks associated with transferring Injective?

Users should verify the contract address and network before transferring assets, and self-custody requires secure private-key handling.

How can I verify the acquisition of Injective?

Verify the asset name, network, and contract details before transferring, and review the custody method.

Where can I find official resources for Injective?

Official resources for Injective can be found on its website and GitHub repository.

Injective (INJ)

Rank #80

Market snapshot

Price: $4.57
Market cap: $457.2M
24h volume: $81.2M
Circulating supply: 99,970,954.5
Total supply: 100,000,000
Max supply: N/A

What is Injective?

Injective is a cryptocurrency that operates on the Ethereum platform. It is designed to create a blockchain specifically for finance, allowing users to engage in decentralized financial activities. The primary goal of Injective is to build a fair financial system through decentralization, providing tools for builders, financial institutions, and users to reinvent global markets.

How Injective works

Injective operates as a peer-to-peer network, allowing users to interact directly without a central authority. It builds foundational blockchain infrastructure for global markets, enabling the deployment of smart contracts, data querying, staking management, and governance proposal participation. Users can leverage Injective's infrastructure to support various financial primitives, including stablecoins and programmable derivatives.

Key information

Symbol: INJ
CMC rank: #80
Network / platforms: Injective, BNB Smart Chain (BEP20), Ethereum, Osmosis
Categories: Proof of stake
Date added: Sep 29, 2020

Contract address

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

Injective
inj

Token contracts on other networks

BNB Smart Chain (BEP20)
0xa2b726b1145a4773f68593cf171187d8ebe4d495
Ethereum
0xe28b3b32b6c345a34ff64674606124dd5aceca30
Osmosis
ibc/64BA6E31FE887D66C6F8F31C7B1A80C7CA179239677B4088BB55F5EA07DBE273

Key characteristics

Injective is an open-source platform that allows developers and users to participate in its ecosystem. It is designed specifically for financial applications, enabling the creation and management of decentralized finance (DeFi) projects. Injective supports interactions with its blockchain through a dedicated interface for developers, facilitating various activities such as smart contract uploads and governance.

Documented uses

With embedded financial primitives spanning stablecoins, real-world assets, payments, and programmable derivatives, Injective serves every major use case from a unified on-chain engine.

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is Injective?: Injective (INJ) is a cryptocurrency that operates on the Ethereum platform, designed to create a blockchain specifically for finance.
How does Injective operate?: Injective operates as a peer-to-peer network, allowing users to interact directly without a central authority, building foundational blockchain infrastructure for global markets.
What are the technical characteristics of Injective?: Injective is an open-source platform that enables developers and users to participate in its ecosystem, specifically designed for financial applications.
What are the risks associated with transferring Injective?: Users should verify the contract address and network before transferring assets, and self-custody requires secure private-key handling.
How can I verify the acquisition of Injective?: Verify the asset name, network, and contract details before transferring, and review the custody method.
Where can I find official resources for Injective?: Official resources for Injective can be found on its website and GitHub repository.

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