Injective Price (INJ)

Injective provides a shared exchange module for trading apps. Two different interfaces can place orders in the same market and reach the same liquidity when they use that module. Each market still has its own trading rules and available orders.

INJ is used to pay network fees, secure the chain through staking and participate in governance. Injective also runs a burn auction. Participants bid in INJ for a basket of assets, and the winning INJ bid is removed from supply.

Check the market name and margin rules when trading through an Injective app. The INJ price on this page tracks the network token. PiSpace’s derivatives page explains how funding rates and open interest compare across the venues it covers.