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What is the Injective Protocol (INJ) ?

The Injective Protocol enables cross-chain derivatives trading on Cosmos, Ethereum, and other Layer-1 blockchain networks. Injective’s decentralised exchange (DEX) uses a series of cutting-edge technological innovations to provide fast network speed, superior security, and a high degree of decentralisation. Through its Layer-2 sidechain, Injective Protocol provides gas-free trading and is powered by its native utility and governance token, INJ.

The objective of the Injective Protocol is to reduce barriers to entry to decentralised finance (DeFi) markets, eliminate gas fees while keeping fast transaction speeds, and give everyone a decidedly decentralised and infinite trading experience. The Injective Protocol offers many important features to accomplish this robust functionality.

Injective Protocol is a new decentralised economy that aims to create a more free and inclusive financial system. Injective has developed a technology that enables cryptocurrency exchanges to become decentralised public utilities, providing customers and their communities with much-needed value capture in the exchange environment. Injective’s technology enables anybody in the world to trade cross-chain blockchain derivatives, futures, and forex.

Jeewan Singh
Jeewan Singh
Jeewan Singh is CryptoShrypto’s content writer and a seasoned writer with over two years of experience in writing about Indian Securities Market. Jeewan's participation in Blockchain and Cryptocurrency started in late 2020, and he hasn't looked back since. The technical and economic outcomes of cryptocurrency are what spark his curiosity, and he keeps one eye on the market.
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