Injective Protocol

Injective Protocol is a developer of a platform and protocol designed to create decentralized applications and decentralized financial applications. Injective Protocol was developed by Injective Labs for the creation of any financial market in a fully decentralized setting, offering users a wide array of Ethereum-compatible multichain applications.

Injective offers users core financial infrastructure primitives that applications can leverage. This includes a full decentralized MEV-resistant on-chain orderbook and financial instruments, such as spot, perpetual, futures, and option fully on-chain. Injective offers a smart contract platform with interchain capabilities and a decentralized cross-chain bridging infrastructure compatible with Ethereum, IBC-enabled blockchains, and non-EVM chains.

The Injective Chain is a decentralized exchange (DEX) protocol built on Cosmos that allows for the trading and transferring of Ethereum tokens and aims to address scaling and throughput limitations of Layer 1 blockchains while allowing developers to use common Ethereum development kits. The users of the Injective Chain DEX can access modules including Auction, which allows token holders to bid on baskets of tokens accumulated from exchange trading fees; Exchange, which allows traders to create and trade new spot and derivative markets; Insurance, which supports underwriters who back derivatives markets hosted on the exchange; oracle, which obtains real-world data; and Peggy, which bridges Injective Protocol to the Ethereum blockchain.

The Injective Chain is built to allow users to develop Web3 applications for a decentralized financial ecosystem. This includes a network of dApps, validators, builders, and partners working to create a decentralized and inclusive financial world. These services are also offered for institutions, allowing financial institutions to build on-chain infrastructure capable of meeting institutional financial standards with multiple applications and use cases.

For developers, Injective offers a protocol optimized for building financial applications, helping developers build scalable dApps and novel Web3 modules with low fees and capital efficiencies. The kind of projects Injective has been aiming to support include MEV-resistant decentralized exchanges, lending dApps using non-custodial algorithmic lending and money market protocols, decentralized derivatives applications intended to work across blockchain networks, decentralized savings products with no minimums and no restrictions, insurance products allowing underwriters to use DAO governed financial paradigms for bespoke insurance policies and coverage, and other on-chain financial products.

The Injective Hub is a dashboard where users can access staking rewards, see and explore new blocks being developed, utilize applications such as an Injective Wallet and the Injective Bridge, stake and use their stake for governance, view insurance funds, and access an auction area for various tokens.