Injective burns over 7.2 million INJ through its buyback and revenue flywheel
Injective's token burn strategy enhances scarcity, potentially boosting INJ's value and positioning it as a high-revenue Layer-1 network.
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| # | Asset | Price | 24h | 7d | Market cap | Value locked | Fees, annualized | MC / fees | From high |
|---|---|---|---|---|---|---|---|---|---|
| 1 |
|
$1.76 | +0.33% | +1.44% | $948.13M | $137,235 | $25,210 | 37,095× | -95.98% |
| 2 |
|
$8.62 | +0.79% | +13.48% | $863.11M | $14.83M | $2.98M | 293.3× | -83.61% |
| 3 |
|
$0.6313 | +0.11% | +19.17% | $621.02M | — | — | — | -96.97% |
| 4 |
|
$0.1227 | +3.16% | -4.12% | $103.85M | $69.43M | — | — | -97.28% |
| 5 |
|
$0.0481 | +1.27% | +28.32% | $36.00M | $11.61M | $60,623 | 610.8× | -99.57% |
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