What is Injective (INJ)

1. Project Introduction A finance-focused Layer-1 blockchain designed to power next-generation DeFi applications such as decentralized spot and derivatives exchanges, prediction markets, lending protocols, and more. Summary: Offers a unique set of powerful financial primitives, including a fully decentralized, MEV-resistant on-chain order book. All types of financial markets—spot, perpetuals, futures, and options—are built fully on-chain. Its decentralized cross-chain bridging infrastructure is compatible with Ethereum, IBC-enabled chains, and non-EVM networks like Solana. 2. Team & Investment Info Injective Labs is one of the key contributors to the Injective protocol. Eric Chen (Co-founder & CEO): Discovered a passion for crypto and blockchain during college through Ethereum mining and crypto research while studying finance and computer science. After working at a major crypto hedge fund, he dropped out of school and co-founded Injective Labs with Albert Chon (CTO). Funding: Seed Round (Jul 2020): $2.6M from Pantera, QCP Capital Binance IEO (Oct 2020): Raised $3.6M Strategic Round (Apr 2021): $10M from Pantera, CMS, Hashed, QCP, Blocktower, and Mark Cuban Series Round (Aug 2022): $40M led by Jump Crypto and BH Digital 3. Social Media URLs X: https://x.com/Injective Telegram: https://t.me/joininjective Discord: https://discord.com/invite/NK4qdbv 4. Token Info Token Symbol: INJ Total Supply: 100,000,000 Token Type: ERC-20 Issuance/Burn Mechanism: Fixed supply Contract Address: 0xe28b3b32b6c345a34ff64674606124dd5aceca30 Token Distribution: Ecosystem: 36.3% (17% unlocked at TGE, 7-month lockup, 27-month linear vesting) Team: 20% (0% unlocked at TGE, 9-month lockup, vesting over 6 phases) Private Sale: 16.7% (0% unlocked at TGE, 6-month lockup, 3-phase vesting) Community: 10% (0% unlocked at TGE, 1-month lockup, 11-month linear vesting) Binance Launchpool: 9% (100% unlocked at TGE) Seed Round: 6% (0% unlocked at TGE, 7-month lockup, 3-phase vesting) Advisors: 2% (9-month lockup, vesting over 6 phases) 5. Related Links Official Website: https://injective.com/ White Paper: https://docs.injective.network/#introduction