#injective $INJ Injective (INJ) is a decentralized exchange (DEX) protocol built for derivatives trading, offering spot, futures, and options markets across blockchains like Ethereum and Cosmos. Launched in 2020, it uses a layer-2 architecture for fast, gas-free transactions and supports cross-chain swaps via bridges. INJ token powers governance, staking, and insurance, letting holders vote on protocol upgrades and earn rewards. With features like MEV-resistant design, real-time order matching, and permissionless listings, Injective aims to compete with centralized exchanges by prioritizing security, transparency, and interoperability for traders and developers in the DeFi ecosystem.