Injective

Injective is a Layer 1 blockchain built specifically for decentralized finance applications, sitting within the Cosmos, Ethereum, and Solana ecosystems among others. It aims to give developers ready-made financial infrastructure modules so they can build products such as decentralized exchanges, prediction markets, and lending protocols without constructing those components from scratch. The intended users are both DeFi developers who want a purpose-built foundation and the end users of the applications built on top of it.

Injective is an interoperable chain that bridges EVM-compatible networks like Ethereum and non-EVM networks like Solana through decentralized cross-chain infrastructure, allowing assets and messages to move across ecosystems. The INJ token functions inside the network as the native asset, and because the fully diluted valuation equals the market capitalization and 100 percent of the circulating supply is already issued against a null maximum supply, there is no further scheduled token emission creating dilution. The consensus algorithm and block time are not recorded in the data held by this site.

Injective generated fees of 8,038 USD in the most recent 24-hour period, 56,253 USD over the trailing 7 days, and 234,224 USD over the trailing 30 days, which annualizes to approximately 2,849,725 USD based on that 30-day window. The take rate for the trailing 30 days is recorded at 100 percent, meaning the protocol retains all fees collected rather than distributing a portion to a separate supplier side, a point confirmed by the supply-side revenue figure of zero for the same period. Fee growth over the trailing 30 days stands at 18.54 percent. The market capitalization relative to annualized fees sits at 253.43, a ratio that simply describes the relationship between the network's current size and its recent fee output.