Listing $INJ#558

Injective Protocol (INJ) is a decentralized exchange platform (DEX) offering cross-chain margin trading, derivatives trading and Forex trading.

The Injective Protocol is based on the Cosmos blockchain as a Layer 2 application. The protocol uses cross-chain bridges that enable traders to access crypto-currencies from platforms such as Ethereum and Polkadot.

Unlike other popular decentralized exchange platforms such as Uniswap or Bancor, Injective Protocol does not use an automated market maker (AMM) formula to manage liquidity. Instead, Injective follows the order book model widely used for years on centralized crypto and equity exchange platforms. Injective’s aim is thus to match the efficiency of traditional finance with the transparency of decentralized exchanges.

Instead of paying network transaction fees to execute each trade, traders on the Injective platform pay only standard market maker and market taker fees using INJ coins. INJ coins also act as the platform’s governance token and staking mechanism to power Injective’s Proof-of-Stake blockchain.

Totally agree. Don’t understand why such big caps with ultra high potential are not being listed. This will also attract new users. Same for AI coins…