Initia

Initia is a Layer 1 blockchain network designed to coordinate a system of interwoven optimistic rollups, which are secondary chains that inherit security from the main chain while processing transactions independently. Its stated aim is to rebuild how a multi-chain environment looks and operates, making it easier for developers to launch interconnected rollup chains without the fragmentation that typically arises when many separate blockchains coexist. The INIT token is the native asset of this network.

Initia uses an optimistic rollup architecture in which individual rollup chains settle back to the Initia Layer 1, which acts as a shared coordination and security layer across the ecosystem. The stored data does not specify a consensus algorithm and records a block time of zero, so the precise consensus mechanism cannot be described from the available information. INIT functions as the native token within this system, used for network participation and governance, and is part of ecosystems that include Osmosis and the Initia Ecosystem itself.

The data provided does not include a fee revenue figure, so no fee stream for Initia can be described from what this site stores. What is recorded is a total value locked of 5,469,794.95 USD at the current point in time, a market-cap-to-TVL ratio of 4.740158, and a fully diluted valuation-to-TVL ratio of 22.589935, also point-in-time. Without fee data, measures such as price-to-fees or revenue yield cannot be calculated or shown on this site.