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Injective

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Injective: Over $1 billion of INJ is now pledged on the chain

Injective, the Cosmos ecosystem's intelligent contract platform, has released a tweet stating that more than $1 billion worth of INJ is now staked on the chain.

Injective: The total value of INJ under pledge has exceeded 1 billion US dollars

On December 12th, Injective announced on X platform that the total value of INJ currently in staking has exceeded $1 billion.

INJ briefly exceeded $27, hitting a record high

According to OKX market data, INJ short-term broke through $27 and is now priced at $26.482, with a 24-hour increase of 19.6%, reaching a new all-time high.

Truflation plans to launch first futures commodity index exchange on Injective

Blockchain-based data aggregation company Truflation announced integration with Injective and providing RWA pricing and index data to DEX.Truflation plans to launch the first futures commodity index exchange on Injective, making it easy for users to trade various indices, futures, and rare commodities.By integrating Truflation's real-time economic data and indices, any exchange or frontend application built on Injective can easily launch RWA indices in a fully decentralized chain environment.Truflation's data has successfully supported the first DEX Helix built on Injective. The two parties will further integrate and promote Truflation's proprietary data throughout the network.

INJ hit $17.99, a monthly increase of over 130%

On November 6th, according to market data, INJ surged to a high of $17.99 and is currently priced at $17.921, with a 24-hour increase of 16.16% and a 30-day increase of over 130%.

Injective Selects Kava's Native USDT for Perps Trading in Next-Generation DeFi Applications

Injective, a blockchain designed for next-generation DeFi applications, has chosen Kava Chain's Native USDT for their Perps trading. This partnership will bring significant benefits to users of both platforms, including enhanced trading opportunities, improved liquidity, and cross-chain flexibility. The integration of Kava Chain's capabilities with Injective's DeFi technology is set to reshape the world of DeFi. This collaboration exemplifies the mutual benefits that this partnership brings, offering users the best of both worlds and enriching the DeFi experience for traders, investors, and developers alike.

Injective has integrated with Kava to expand stablecoin asset interoperability

On November 2nd, Injective has completed integration with Kava, expanding access to stablecoin assets such as USDT. This collaboration follows Kava's recent announcement that it will receive support from the Tether Foundation to natively issue USDT within the wider Cosmos ecosystem. This collaboration will include the direct bridging of USDT from Kava to Injective's IBC. In addition, the Kava community has also approved a governance proposal to incentivize the use of USDT on Injective through Kava token rewards.

Proposal to incentivize L1 blockchain Injective to adopt USDt passed

Kava has announced on the X platform that its proposal to incentivize the adoption of USDt by L1 blockchain Injective has been approved. Injective blockchain is seeking to boost the liquidity of Kava's native Tether USDt in the BTC/USDt and ETH/USDt perpetual markets, requiring 250,000 KAVA as an incentive. After the proposal is accepted, 125,000 KAVA will be paid immediately and subsequent proposals will be submitted to pay the remaining 125,000 KAVA.
Proposal to incentivize L1 blockchain Injective to adopt USDt passed