what's injective?
Injective is a Layer-1 blockchain protocol specifically built for decentralized finance, offering subsecond block times, zero gas fees, and processing over 2 million daily transactions. The platform specializes in advanced financial products including derivatives, perpetuals, spot trading, and tokenized assets with cross-chain interoperability across Ethereum, Solana, and Cosmos ecosystems. Major developments include the launch of onchain Pre-IPO markets, allowing anyone to trade private companies like OpenAI with leverage - a first in the industry. The platform features programmable, composable, and capital-efficient perpetual contracts that are 100% onchain, targeting the $2 trillion Pre-IPO market through partnerships with SEDA Protocol and Caplight Data. Injective employs deflationary tokenomics with a unique burn mechanism where weekly auctions burn fees collected from ecosystem dApps including Helix Markets, Mito, and NFT marketplaces. Over 64M $INJ tokens have been burned since launch, with approximately 65% of circulating supply staked. The platform ranks 1st among L1 blockchains in dApp transactions, with dApp volume increasing 40% to $4B over 30 days. Key ecosystem applications include Helix Markets (launching tokenized FX markets), Mito, various NFT marketplaces, gaming projects, and casino platforms. The project has secured institutional backing from Pineapple Financial with a $100M Digital Asset Treasury, marking the first publicly traded Wall Street entity building an INJ treasury. Additional partnerships include Republic for tokenized private markets, Squaretower for GPU derivatives, and backing from Binance, Jump, and Pantera. The platform positions itself as the financial infrastructure layer for Web3, bridging traditional finance with decentralized systems through support for real-world assets, AI-compute finance, foreign exchange tokenization, and institutional-grade compliance frameworks.
Injective launched dAppBuilder for app development and integrated Nansen for 7.9% staking.
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Burned 68,000+ INJ in the largest buyback event.
Bitwise filed for an ETF covering Injective among 11+ altcoin ETFs.
Begins 20-day audit competition for Peggy Bridge codebase with Code4rena starting 2026-02-25.
Average transaction fee stands at $0.0009 with a block time of 632 milliseconds.
Revenue increased 83.9% over the past 30 days.
Achieved $1.5B trading volume.
Reached 118,000 monthly active addresses.
Revenue increased 83.9% while transaction fees decreased 45% over the past 30 days.
Ranked as the third-largest gainer among tracked cryptocurrencies with a 15.23% price increase over a 24-hour period ending February 21, 2026.
Hosts Injective Summit conference in Washington D.C. on July 16, 2026.
Operates with 632ms block time.
Produced 155,210,776 blocks.
Received strategic equity investment from Circle Ventures as part of Circle's focus on derivatives and financial infrastructure.
Hiring Social Media and Influencer Marketing Manager based in New York with remote options (US), full-time.
Generated $19M in revenue during January 2026.
Receives data infrastructure support from The Graph through Substreams and Subgraphs integration for its DeFi ecosystem.
Launched dAppBuilder, a development tool that simplifies application building by reducing boilerplate code and improving developer workflows.
Integrated with Nansen for staking services, offering 7.9% APY on staked tokens.
Ranks 2nd among all Layer 1 blockchains in total code commits, ahead of Ethereum, Flow, ICP, and Cardano.
TVL increased 40% month-over-month and 64% year-to-date in 2026.
Surpassed 100,000 onchain transactions on the Injective network.
Processed 2.8 billion+ cumulative transactions.
Has over 57 million INJ tokens staked.
Passed IIP-617, doubling the INJ deflation rate by +100%.
Partnered with Korea University, which joined the ecosystem as a validator and research partner to support network operations and research real-world asset tokenization, onchain finance, and regulatory feasibility in the Korean market.
has 1,576,186 holder count
Deployed IIP-619 mainnet upgrade on February 19, 2026, integrating x402 payment standard for payments under $0.01 average transaction fees to scale real-time EVM and add payments capability with dynamic gas fees using INJ.
Offers staking with 15% annual percentage rate and 14-day lockup period, limited to first 32,000 INJ worth of allocations, available from January 1 to January 15, 2026.
Canary Capital filed an ETF application for Injective (INJ) with the SEC, part of a broader series of altcoin ETF filings by the firm.
Launched on-chain digital asset treasury (SBET).
Expands equity feeds to 24/5 market sessions powered by SEDA and Pyth Network data providers.
Rolls out Pre-IPO perpetual contracts for major tech companies including OpenAI, SpaceX, and Anthropic, generating over $100M in cumulative volume. Fee milestones hit new 2025 highs while weekly token burns reduce circulating supply, and listings expand across equities, FX, and crypto markets.
Launches "Zero Fee December" promotion offering 0 fees for moving assets into the chain.
Generates $222K in 30-day revenue, ranking 9th among AI crypto projects by revenue generation.
Ranks 3rd among top 10 AI crypto projects by social activity with 1.0M interactions based on posts and engagement metrics.
Volume rises 9% during a 3.6% price decline to $5.43, with Open Interest at $63M.
Pineapple Financial migrates its $10 billion mortgage portfolio onchain. Ranks 7th among Real World Asset projects by development activity.
Launched onchain Nvidia GPU market with 24/5 trading feeds for NVDA and PLTR, powered by SEDA and PythNetwork oracles. All token unlocks completed.
Allora Network lists Injective as a key partner for AI-powered execution flows in their context-aware intelligence infrastructure.
Platform offers ~8% block rewards and 5-12% Supra DeFi yields as part of its three-stack yield system.
Token price fell 56% during Autumn 2025, ranking 9th among the top 10 projects by price decline in the period.
Ecosystem campaign launches on Bantr_fun platform with rewards for completing tasks, active for 30 days.
Ranked 10th by Santiment for AI & Big Data GitHub development activity, showing a decline in position.
Launched EVM mainnet with SVM and CosmWasm support, and liquid staking upgrade allowing staked token transfers.
Rarible adds Injective integration to their NFT marketplace platform and supports NFT drops on the chain including projects like MASKED_INJ.
Platform launches 24/5 US equities trading through integration of Pyth Network's data feeds via SEDA session-aware Oracle Program.
Platform enables earning from 3 yield engines simultaneously: block rewards, Supra DeFi, and native DeFi auto-vaults after bridging assets and minting iAssets.
DEXTools adds Injective chain integration, allowing traders to track pairs and monitor real-time activity on the platform.
Two accelerator programs are currently running: one with Cointelegraph and one with Outlier Ventures.
Partnership with Google Cloud confirmed in list of AI crypto project partnerships.
INJ gains 13.09% over 7 days, ranking as a top performer among AI tokens this week.
A new metaverse game from Metaloft_Web3 is coming to the platform.
Cointelegraph's CTDG Dev Hub goes live on the network, enabling developers, validators, and contributors to propose and develop cross-ecosystem governance upgrades with community input.
Injective ranks 6th among DeFi projects by development activity and moves up in ranking from the previous month according to Santiment analytics.
RWA perpetual markets have processed over $6B in total volume, offering exposure to equities, forex, commodities, and pre-IPO markets with up to 25x leverage.
First Pre-IPO perpetual markets launch on the platform powered by SEDA, featuring SpaceX, OpenAI, and Anthropic with $1M-$2M average daily trading volume.
HelixMarkets, the flagship DEX, upgrades to Chainlink Data Streams as its official oracle solution to power onchain perpetual markets.
Held INJ token buyback February 11, 2026. Executed Community Buyback #226 on February 18, 2026, using protocol revenues.
RFY Finance yield vaults go live on the platform, offering users access to offchain strategies with onchain yields.
EVM Mainnet launches with seamless MultiVM support.
Injective participates in Sovereign Day Buenos Aires at EFDevcon alongside Cosmos, Solana, McKinsey, Ondo Finance, Celestia, and other major projects.
Chainlink Data Streams expands to Injective EVM. Project maintains 9th place ranking among RWA projects by development activity.
INJ token becomes available to trade on Bitstamp by Robinhood for US users.
Binance Square Creatorpad launches a campaign offering 11,670 INJ tokens as rewards for completing tasks.
Anthropic Pre-IPO perpetual markets go live on Helix Markets, powered by SEDA.
Immunefi Magnus features Injective as a customer in a spotlight announcement.
Cyborive NFT launches as the newest NFT collection with minting cost of 0.0001 INJ gas fee and achieves 10000% price increase. NFT market shows volume activity over the last 7 days.
Chainlink integration launches on Injective EVM with Data Streams and DataLink now live, providing oracle and data infrastructure for developers.
Three major integrations go live on Injective EVM mainnet: deBridge adds bridge support, The Graph launches optimized EVM Firehose with Substreams and Subgraphs capabilities, and Rarible enables NFT trading with 9 drops planned.
Injective launched on-chain Pre-IPO perpetual markets.
Completed Altria Mainnet Upgrade launches permissionless MultiVM environment with WASM and EVM integration, EIP-1559 fee mechanics, sub-second finality, and Binance support.
Silo joins Injective at launch, with the event scheduled to occur within 24 hours.
The Altria Mainnet Upgrade Proposal has passed and launches this week, featuring public EVM launch, unified MultiVM execution, modernized EVM economics, and governance improvements.
RocketX announces Injective Altria Mainnet (EVM) as the 200th chain on their platform.
iBuild platform goes live, allowing users to create and deploy onchain applications without coding knowledge using AI models.
Bithumb temporarily suspends INJ deposits and withdrawals starting November 11 at 12:00 PM.
Tria approaches Token Generation Event and will launch on Injective alongside Arbitrum.
Pre-IPO perpetuals launch on the platform powered by SEDA. Tria enables seamless cross-chain movement including Bitcoin L2s with $500M+ volume across 1M+ users.
The Graph protocol goes live on day 1 of new public mainnet.
NYSE-listed Pineapple (ticker $PAPL) establishes $100M INJ Treasury with Kraken support. Kraken reinforces the validator network and launches institutional staking services including custody and structured product solutions for professional clients.
Completes first community buyback of over 10,700 INJ tokens.
SiloDAO announces Injective as a Day 1 launch partner in their October report, joining a lending protocol with $424M TVL.
Injective Council Q4 strategic roadmap identified as upcoming catalyst for the project.
Social activity metrics place Injective third among AI agent projects with 2,000 posts in recent weeks.
Development activity ranking rises to #6 among DeFi projects per Santiment metrics, moving up from previous month.
INJ listed on WazirX exchange with new INR trading pair and zero trading fee promotion.
21Shares files for a new ETF, marking the second ETF filing for the project.
TVL climbs 14% following buyback launch while INJ token price declines 8%.
ETF listing secured; community buy-back burns 6.7 million tokens as part of the October 29 event.
Stryke announces they will be live on mainnet day one. A wallet shorts INJ as part of a nearly $500M position shorting multiple major crypto assets including BTC, ETH, and SOL.
Pineapple, the first publicly traded company to hold INJ, announces strategic partnership with Crypto.com to support its $100M digital asset treasury strategy, with Crypto.com providing custody and native staking services.
Network sees 635% week-over-week rise in whale transactions ($100K or more), topping all $500M+ market cap projects.
Sovereign Day event scheduled for November 18 in Buenos Aires includes speakers from Injective, Toki Finance, McKinsey, and Lombard Finance.
A Community Burn Event takes place on October 29, 2025.
Korean validator bharvest will offer staking opportunities in partnership with Somnia Network for Injective tokens.
Applications for the Injective Builder Catalyst close October 29, with the 9-week program starting November 3, providing builders with token strategy, liquidity access, and ecosystem support backed by Injective and OVioHQ.
HelixMarkets launches SpaceX Pre-IPO trading market powered by SEDA Oracle Programs.
21Shares files S-1 with the SEC to launch an INJ ETF.
Tria wallet brings chain abstraction to the ecosystem and launches a campaign on MindoAI platform.
Ranks #9 among Real World Assets projects by development activity with upward ranking movement since last month per Santiment data.