What is Injective Protocol?
INJ is the cryptocurrency of the Injective Protocol, a cross-chain derivatives trading protocol that works with various financial products such as perpetual swaps, futures, and spot trading. The platform uses peg zones to connect the Ethereum and Cosmos ecosystems to provide a fast cross-chain trade infrastructure without the need for gas payments. Injective's primary mission is to build a network that is publicly verifiable and front-running resistant. Anyone can develop and trade on any derivatives market using Injective Protocol's vertically integrated infrastructure. Injective Protocol presently supports perpetual swaps and Contracts for Difference (CFDs), with plans to add support for additional derivatives in the future. The Injective platform also allows users to access cross-chain derivatives thanks to its protocols and zero gas fees. Above all, the user interface is quite friendly, that even a newbie can easily understand how to operate it. The platform also grants its users access to unlimited markets. Injective is fully decentralised hence making it virtually impenetrable to hackers and other scammers.