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    Injective

    INJ

    Evaluation Score

    Overall rating on a scale of 0-10

    RiskReturn
    08.010
    Risk Level:
    Medium
    Recommendation:Buy
    Evaluated:May 10, 2025 at 02:58 AM

    Crypto Token Health Score Explained

    Our AI-powered health score evaluates on-chain metrics, community support, tokenomics, and more. This helps DeFi investors understand risk, compare tokens, and make informed decisions. Learn how to analyze DeFi tokens' risk and use these insights for DeFi portfolio risk management.

    AI Analysis

    Comprehensive evaluation of the token

    Injective (INJ) Overall Evaluation

    Injective is a well-established Layer-1 DEX and derivatives protocol built on Cosmos SDK, offering:

    • Robust Development & Security: Active GitHub contribution (8/10) with fast PR reviews, rigorous CI/testing, multiple third-party audits (CertiK, PeckShield), formal verification, and no known exploits (9/10).
    • Strong Community & Governance: Healthy organic engagement across Twitter, Discord, Telegram and a transparent on-chain governance process with >80% proposal pass rates (Community 8/10; Team & Governance 8/10).
    • Balanced Tokenomics: Deflationary fee burns offsetting initial ~9.7% inflation, well-structured vesting (team/investors 4-year cliffs), and active staking mechanisms (8/10).
    • Market Position & Use Case: Differentiated cross-chain derivatives offering with order-book matching, sub-second settlement, and partnerships (Chainlink, Binance) – but faces stiff competition from dYdX, Perp Protocol, Serum (Market 7/10).

    Overall, INJ boasts a mature codebase, engaged community, clear utility, and sound security, yet must navigate competitive pressures and moderate governance centralization.

    Detailed Analysis by Category

    Development Activity

    Code updates and developer engagement

    RiskReturn
    08.010

    Community Support

    Social media presence and community engagement

    RiskReturn
    08.010

    Tokenomics

    Supply, distribution, and utility

    RiskReturn
    08.010

    Market & Use Case

    Value proposition and competitive landscape

    RiskReturn
    07.010

    Team & Governance

    Team background and project governance

    RiskReturn
    08.010

    Security & Audits

    Security history and audit status

    RiskReturn
    09.010

    About Injective (INJ)

    Injective (INJ)

    Injective is a decentralized layer-2 blockchain protocol designed to bring advanced financial products and trading to DeFi. Powered by the INJ token, Injective delivers cross-chain interoperability, high-speed transactions, and a fully on-chain order book.

    Key Features

    • Symbol: INJ
    • Token Type: Native utility and governance token
    • Consensus: Proof-of-Stake with Tendermint
    • Interoperability: Cosmos IBC and Ethereum (Peggy bridge)
    • Transaction Fees: Zero gas fees for trading on Injective dApps

    Core Use Cases

    1. Governance: Propose and vote on protocol upgrades and parameter changes
    2. Staking: Delegate INJ to validators to secure the network and earn rewards
    3. Transaction Fees: Settle trading and order fees within the Injective ecosystem
    4. Incentives: Participate in liquidity mining and ecosystem growth programs

    Technology Stack

    • Cosmos SDK–based layer-2 network
    • Ethereum Virtual Machine (EVM)–compatible environment
    • On-chain order book for spot and derivatives markets
    • High throughput with fast finality

    Resources

    • Website: https://injective.com/
    • Documentation & Whitepaper: https://docs.injective.com/
    • Community: Twitter / Telegram / Discord

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