Injective is the pioneering blockchain specifically designed for financial applications. It serves as an open, interoperable layer-one blockchain that empowers next-generation finance applications, encompassing DeFi, RWAs, AI, decentralized exchanges, prediction markets, lending protocols, and more. Injective distinctively offers robust core financial infrastructure primitives that applications can harness, featuring a fully decentralized, MEV-resistant on-chain order book. It provides developers with plug-and-play modules that facilitate the rapid deployment of applications, a process that might take years on other blockchains. Furthermore, Injective ranks among the most interoperable layer-one solutions ever developed, maintaining full compatibility with major chains such as Ethereum and Solana. Also, Injective offers a state-of-the-art, highly interoperable smart contract platform based on Wasm 2.0, with advanced interchain functionalities. The platform leverages a custom implementation of the Tendermint Proof-of-Stake consensus mechanism, ensuring instant transaction finality with exceptional speed, boasting sub-second block times (0.6 seconds) while maintaining an enormous throughput (over 25,000 transactions per second). Injective is at the forefront of innovation, especially in its groundbreaking efforts to integrate artificial intelligence with on-chain finance. Injective has reached a significant milestone of processing over 1 billion transactions, making it one of the fastest blockchains developed to date. Its ecosystem comprises more than 100 projects and a global community exceeding 500,000 members. Originally incubated by Binance, Injective is supported by a prominent group of investors, including Pantera Capital, Jump Crypto, and Mark Cuban.

Injective consists of four main components: * Injective Chain nodes * Injective bridge smart contracts and orchestrator * Injective API nodes * Injective dApps and tooling

The Injective Chain is a public blockchain network specifically designed to facilitate the next generation of on-chain finance applications. It employs a customized implementation of Tendermint consensus, with core protocol logic realized through native modules and smart contracts on the Wasm smart contract layer. Additionally, Injective has introduced a new MultiVM initiative to incorporate various virtual machines into its platform, empowering developers to create on Injective. Visit Eulerpool for more information.

Injective offers a decentralized cross-chain bridging infrastructure that connects more than 23 different networks, including notable blockchains such as Ethereum and Solana. The Ethereum bridge provided by Injective is decentralized and secured by the validators of the Injective chain, utilizing Injective’s bespoke peggy bridge system. Furthermore, as an IBC-enabled blockchain, Injective facilitates cross-chain bridging with any other IBC-enabled blockchain, enabling developers and users to access assets from hundreds of alternative blockchains.

The Injective API provides two main methods for interacting with Injective: the Chain API and the Indexer API. Each API offers unique functionalities. The Chain API is optimal for direct interaction with the chain, whereas the Indexer API facilitates improved data accessibility and offers user-friendly services for decentralized applications (dApps).

Injective is a decentralized network that enables individuals to access the blockchain and on-chain dApps in a permissionless way. A wide array of innovative dApps is currently live and experiencing increased usage on Injective, ranging from decentralized exchanges to real-world asset (RWA) platforms. Notably, Helix, Injective’s leading DEX, has already processed over $40 billion to date. Moreover, Injective supports several other decentralized applications, including dApps for perpetuals, AI, prediction markets, options, and more.

Comprehensive Liquidity: Integrate users into your applications with extensive liquidity support from the outset to optimize capital efficiency. Injective provides a shared liquidity environment, endorsed by an active community and integrated with leading financial institutions.

Injective Labs is a key contributor to Injective, the blockchain designed specifically for financial applications. Eric Chen serves as the CEO and Co-founder of Injective Labs, a company focused on research and development in the blockchain space. His interest in cryptocurrency and blockchain technology began with Ethereum mining and engaging in cryptographic research during his college years, where he pursued studies in finance and computer science. Following his tenure at a prominent cryptocurrency hedge fund, he chose to leave college to establish Injective Labs alongside Albert Chon, the Chief Technology Officer (CTO).

INJ serves as the native utility and governance token of Injective. As a limited asset, INJ is utilized for governance, token burn auctions, and staking within the Proof-of-Stake (PoS) network. The burn auctions on Injective stand out due to their distinct structure: 60% of all fees collected from decentralized applications (dApps) are auctioned weekly through a buy-back-and-burn mechanism. This process allows the supply of INJ to significantly decrease over time, contributing to value appreciation across the Injective ecosystem. Injective currently holds the industry's highest token burn ratio. The INJ token is designed for various use cases, including but not limited to protocol governance, dApp value capture, PoS security, developer incentives, and staking. Further details on each use case are as follows: * Protocol Governance: INJ governs all aspects of Injective, including chain upgrades. Since the mainnet launch, the Injective community has been actively involved in governance, with proposals undergoing a decentralized autonomous organization (DAO) governance vote. Detailed governance information is accessible here. * Protocol Fee Value Capture: 60% of all fees derived from dApps are directed towards an on-chain buy-back-and-burn auction aimed at sustaining INJ's deflationary model. Additional information on the burn auction is available here. * Tendermint-based Proof-of-Stake (PoS) Security: INJ enhances the Injective blockchain's security through a proof-of-stake framework, allowing participation from both validators and delegators. * Developer Incentives: 40% of the fees generated by users on Injective-built dApps are allocated to motivate new developers to contribute to Injective, fostering a continuous influx of builders to the platform.