What’s injective?

Olafundzriche
1 min readApr 27, 2023

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A blockchain designed for finance is called Injective. Next-generation DeFi applications, like as decentralized spot and derivatives exchanges, prediction markets, lending protocols, and more, are powered by this open, interoperable layer-one blockchain.

A fully decentralized, MEV-resistant on-chain orderbook is only one of the strong fundamental financial infrastructure primitives that Injective offers in a way that makes it uniquely available to applications. All types of financial markets, including spot, perpetual, futures, and options, are also entirely on-chain. Ethereum, IBC-enabled blockchains, and non-EVM chains like Solana are all compatible with the decentralized cross-chain bridging infrastructure.

Additionally, Injective offers a powerful interchain smart contract platform built on CosmWasm that is the next generation and extremely interoperable. Injective is a custom application created with the Cosmos SDK that uses a Proof-of-Stake consensus mechanism based on Tendermint to provide instant transaction finality and maintain blazing-fast speed (10,000+ TPS).

The ecosystem of Injective includes more than 100 projects and 150,000 community members globally. Injective is backed by a number of renowned investors, including Binance, Pantera Capital, Jump Crypto, and Mark Cuban.

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Olafundzriche
Olafundzriche

Written by Olafundzriche

--Blockchain & Metaverse Writer Cryptocurrency NFT | DeFi Whitepaper Writer | Web3 articles | Community Manager

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