Injective claims to be a Layer-1 designed for financial applications with on-chain primitives for orderbook, modular Web3 modules for spot/derivatives/RWA, and a strong focus on interoperability (Ethereum, Solana, Cosmos). Technically, it combines Cosmos SDK + Tendermint with an on-chain exchange module that positions the orderbook as the primary primitive and later adds native EVM support to attract Solidity developers. However, current evidence of economic adoption (protocol liquidity TVL, volume dominance compared to CEX/rollup) is still modest, which means its proposition is technically real, but has not yet automatically secured a large market share without an aggressive product and liquidity strategy.

#injective $INJ @Injective