Live · updated 9 minutes ago
Injective Price chart
Key stats
Performance
How the price moved over each period.
Supply
100.00M INJ circulate. No maximum supply is set.
- Circulating
- 100.00M
- Total supply
- 100.00M
- Max supply
- No max supply
ⓘ Circulating · Total supply · Max supply
Circulating supply: coins currently available to trade, as reported by the data provider.
Total supply: coins created so far, minus any burned. It includes locked or not-yet-released coins.
Max supply: the hard cap on coins that can ever exist. Shown as “No max supply” when the protocol sets no cap.
CryptoWave Health score
Five measurable signals. Each ring segment’s length is its weight; how full it is shows the score.
Volume is 10.25% of market cap. Trades easily.
$695.53M market cap, rank #92. Bigger is harder to push around.
100% of the total supply circulates. Little dilution ahead.
86.8% below its all-time high of $52.62.
Largest recent swing: 5.13% a day. Moderate.
Describes market structure today. Not a price forecast and not investment advice.
How this score is calculated
A weighted average of five signals computed from the market data on this page. Each signal is scored from 0 to 100:
- Liquidity (25%): 24-hour trading volume divided by market cap.
- Market depth (25%): market cap, on a logarithmic scale from $10 million to $1 trillion.
- Supply (15%): circulating supply divided by max supply, or by total supply when there is no cap. More supply already in circulation scores higher.
- Distance from peak (15%): the current price compared with the all-time high.
- Stability (20%): the largest recent price swing among the 1-hour move (×3), the 24-hour move and the 7-day move (÷2.6).
Bands: 75 and above strong, 55–74 fair, 35–54 weak, below 35 fragile.
Limits: the score describes current market structure only. It is not a price forecast, an audit or investment advice, and it does not consider the team, code or token unlocks. A missing input counts as a neutral 50.
Time machine
Drag the date. See what a one-off buy or a regular buy would be worth today. Real daily closing prices, fees not included.
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What is Injective (INJ)?
Injective is a layer-1 blockchain focused on decentralized finance, built with the Cosmos SDK and secured by Tendermint proof of stake. It includes built-in on-chain modules for trading such as an order book exchange, which developers can use to build derivatives, spot markets and other financial applications. INJ is the network's native token.
What INJ is used for
Injective's documentation lists several roles for INJ:
- Staking: validators run nodes, and delegators assign INJ to validators to share in rewards. Staked INJ can be slashed for misbehaviour.
- Governance: only staked INJ can vote, at one vote per INJ, and most chain parameters are set by governance. Failed proposals forfeit their deposit, which is burned.
- Fees: all transaction fees are paid in INJ.
- Collateral: INJ can serve as margin in some derivatives markets as an alternative to stablecoins.
INJ supply and token design
INJ began with an initial supply of 100 million tokens. New INJ is minted as validator block rewards, and the network also removes INJ through burns, so supply moves with both mechanisms. The main burn is the on-chain Burn Auction: of the exchange fees, 40% go to the applications that source orders, and the remaining 60% is auctioned in a basket to the highest INJ bidder, with the winning INJ bid burned. In late 2025, a governance proposal introduced a monthly Community BuyBack, in which holders commit INJ to a shared burn pool and receive a share of ecosystem revenue. Live circulating supply is shown in the market data on this page.
INJ also exists as an ERC-20 token on Ethereum at 0xe28b3b32b6c345a34ff64674606124dd5aceca30, and in bridged forms on other chains.
Injective's trading modules are built into the chain itself, so developers building exchanges or derivatives apps can reuse shared order book and auction infrastructure instead of writing every market contract from scratch. Bridged forms of INJ also exist on several other chains.
Official information is on injective.com.
What to check before using INJ
- Staked INJ is subject to slashing and an unbonding period.
- Burn volumes depend on trading activity on Injective, so deflation is not guaranteed and can slow in quiet markets.
- Minting rules and burn programs are set by governance and have been changed before.
- Bridged and wrapped INJ on other networks depend on the bridge that issued them.
- Derivatives applications on Injective carry leverage and liquidation risks of their own.
Injective project profile
Token contracts
- Ethereum:
0xe28b3b…ceca30 - Cosmos:
ibc/64BA6E31FE887D66C6F8… - Terra 2:
ibc/25BC59386BB65725F735… - Osmosis:
ibc/64BA6E31FE887D66C6F8… - Secret:
secret14706vxakdzkz9a368… - BNB Chain:
0xa2b726…e4d495 - Solana:
1NJMqVM4…x6KsLz
Always confirm links on the project's own official channels before connecting a wallet or sending funds.
Injective market analysis
With a market capitalisation of $695.53 million, Injective (INJ) is classed as a small-cap asset and ranks #92 of 1,340 cryptocurrencies with a reported market cap on CryptoWave, larger than about 93.1% of them. It accounts for roughly 0.03% of the combined tracked market value. Small-cap assets can move quickly on news or exchange listings, and liquidity can thin out fast in sell-offs.
Over the last 24 hours roughly $71.29 million of INJ changed hands, equal to 10.25% of its market cap, which puts its trading volume ahead of about 96.5% of tracked assets. That is an active level of turnover for an asset of this size. Its turnover ratio is higher than that of about 69% of tracked assets.
Price action: INJ moved −3.69% in 24 hours and −11.01% over 7 days. It underperformed Bitcoin by 1.48 percentage points over 24 hours and by 6.88 points over 7 days. Against the median tracked coin (behind by 1.41 points on the day and behind by 4.80 points on the week), it has been a relative laggard in recent sessions.
To overtake GHO (GHO) just above it, Injective would need to grow its market cap by about 0.3%; it is 1.6% larger than LayerZero (ZRO) just below. Its market cap is 0.05% of Bitcoin's.
Based on market data; not investment advice.
Injective FAQ
What is Injective (INJ)?
Injective is a layer-1 blockchain for decentralized finance built on the Cosmos SDK. INJ is its native token.
What is INJ used for?
INJ is used for staking, governance voting, paying transaction fees and as margin in some derivatives markets.
How does INJ burn work?
In the Burn Auction, 60% of exchange fees are auctioned for INJ and the winning INJ bid is burned. A Community BuyBack program also burns INJ monthly.
Is INJ a good investment?
INJ is volatile and this is not financial advice. Review the risks above, including slashing and governance changes to supply rules.
Price history
| Date | Close | Change |
|---|---|---|
| 2026-11-03 | $7.01 | 0.40% |
| 2026-11-02 | $6.98 | 2.81% |
| 2026-11-01 | $7.19 | 0.64% |
| 2026-10-31 | $7.23 | 0.68% |
| 2026-10-30 | $7.18 | 2.11% |
| 2026-10-29 | $7.34 | 10.02% |
| 2026-10-28 | $8.15 | 2.36% |
| 2026-10-27 | $7.97 | 1.14% |
| 2026-10-26 | $8.06 | 2.34% |
| 2026-10-25 | $7.87 | 2.02% |
| 2026-10-24 | $7.72 | 0.92% |
| 2026-10-23 | $7.79 | 1.52% |
| 2026-10-22 | $7.91 | 8.24% |
| 2026-10-21 | $8.62 | 3.67% |
| 2026-10-20 | $8.95 | 4.12% |
| 2026-10-19 | $8.59 | 1.47% |
| 2026-10-18 | $8.72 | 1.45% |
| 2026-10-17 | $8.60 | 1.60% |
| 2026-10-16 | $8.74 | 2.29% |
| 2026-10-15 | $8.54 | 11.43% |
| 2026-10-14 | $7.67 | 5.51% |
| 2026-10-13 | $8.11 | 11.05% |
| 2026-10-12 | $7.31 | 5.89% |
| 2026-10-11 | $7.76 | 1.48% |
| 2026-10-10 | $7.65 | 10.23% |
| 2026-10-09 | $6.94 | 2.69% |
| 2026-10-08 | $6.76 | 9.48% |
| 2026-10-07 | $7.47 | 7.99% |
| 2026-10-06 | $8.11 | 5.62% |
| 2026-10-05 | $7.68 | 0.50% |
| 2026-10-04 | $7.64 | 0.49% |
| 2026-10-03 | $7.68 | 3.09% |
| 2026-10-02 | $7.45 | 1.22% |
| 2026-10-01 | $7.36 | 0.70% |
| 2026-09-30 | $7.41 | 2.65% |
| 2026-09-29 | $7.62 | 2.70% |
| 2026-09-28 | $7.42 | 4.87% |
| 2026-09-27 | $7.80 | 0.24% |
| 2026-09-26 | $7.78 | 5.02% |
| 2026-09-25 | $8.19 | 1.75% |
| 2026-09-24 | $8.05 | 3.11% |
| 2026-09-23 | $7.80 | 1.27% |
| 2026-09-22 | $7.90 | 0.64% |
| 2026-09-21 | $7.85 | 0.87% |
| 2026-09-20 | $7.79 | 1.83% |
| 2026-09-19 | $7.93 | 18.77% |
| 2026-09-18 | $6.68 | 16.71% |
| 2026-09-17 | $5.72 | 5.75% |
| 2026-09-16 | $5.41 | 0.50% |
| 2026-09-15 | $5.44 | 13.49% |
| 2026-09-14 | $6.29 | 6.45% |
| 2026-09-13 | $5.90 | 1.42% |
| 2026-09-12 | $5.99 | 4.36% |
| 2026-09-11 | $5.74 | 3.45% |
| 2026-09-10 | $5.94 | 3.11% |
| 2026-09-09 | $6.14 | 4.19% |
| 2026-09-08 | $6.40 | 3.56% |
| 2026-09-07 | $6.18 | 16.40% |
| 2026-09-06 | $5.31 | 7.40% |
| 2026-09-05 | $4.95 | 2.66% |