Injective Protocol, a cryptocurrency project and blockchain that aims to build a fully decentralized ecosystem for Decentralized Finance (DeFi) as well as decentralized exchanges.

Injective Protocol aims to allow users to trade various assets including cryptocurrencies and commodities while maintaining the decentralization and security associated with blockchain technology.

Its Decentralized Exchange provides a decentralized trading platform that allows users to trade various assets. The platform provides a variety of advanced trading options, such as perpetual swaps and spot markets.

Injective Protocol is a Layer-2 scaling technology, meaning it has a high throughput with lower transaction costs than some Layer-1 blockchains such as Ethereum.

INJ token

INJ is the native token of the Injective Protocol. INJ tokens can be staked by users to earn rewards and participate in the network governance.

INJ tokens can also be used to pay for trading fees, transaction charges, and other fees on the platform.

INJ token holders are granted governance rights in the Injective Protocol eco-system, which allows them to take part in decisions related to protocol upgrades or changes.