Injective (INJ) is a state-of-the-art layer-1 blockchain protocol designed for decentralized finance (DeFi).
The platform features cross-chain compatibility, zero-gas trading, and rapid transaction speeds through its interoperable framework. Its ecosystem is rich with a variety of applications, including oracles, liquid staking, decentralized derivatives, and other DeFi innovations. This ecosystem integrates a multitude of smaller-cap tokens that enable unique use cases, such as Lithium, UniLend, Hashgard, Tidal Finance, and Stride Staked INJ.
Lithium (LITH)
Lithium Finance is an oracle protocol within the Injective ecosystem that employs collective intelligence and machine learning to provide on-chain valuations for illiquid assets—such as pre-IPO stocks and private equity. It collaborates directly with Injective Labs to support decentralized asset pricing.
The primary goal of Lithium is to revolutionize investment management by leveraging advanced technologies, including artificial intelligence (AI) and crowd-sourced wisdom. This methodology seeks to improve the precision and accessibility of pricing for assets that are typically hard to evaluate. The DeFi protocol behind this initiative is committed to developing a platform that utilizes collective intelligence for the valuation of unpriced assets, ultimately unlocking new investment opportunities and enhancing the investment management process.
- Price: $0.000026 USD
- Market Cap: ~$135,000 USD
- 24h Volume: ~$10,000 USD
Available on: Uniswap V2 (Ethereum), CoinEx
UniLend (UFT)
UniLend is a permissionless DeFi protocol that facilitates on-chain lending, borrowing, and spot trading for any ERC-20 token, aiming to democratize liquidity and access to finance.
The native utility token, UFT, offers various benefits:
- Governance: UFT holders can influence the future of UniLend’s suite of products through voting and decision-making.
- Access Key to AI Agent Hub: UFT acts as the access token to the AI Agent Hub, providing interaction with AI agents and modules.
- Universal Gas Token: UFT will simplify blockchain transactions by serving as a single gas token for all transactions, including cross-chain transfers, minimizing market volatility.
- Token Payments: Users can utilize UFT for payments across dApps on supported chains with ease, eliminating the need for managing multiple tokens.
- Incentives: Users contributing to liquidity and engaging with the ecosystem are rewarded with UFT.
- Platform Benefits: Holding UFT unlocks exclusive perks such as priority access, reduced fees, and better yield opportunities.
- Price: $0.00444
- Market Cap: ~$407,000
- 24h Volume: ~$57,500
Available on: AscendEX (formerly BitMax), Quickswap (Polygon), Uniswap V2 (Ethereum).
Tidal Finance (TIDAL)
Tidal Finance provides decentralized investment strategies and risk-adjusted asset pools designed for the Injective ecosystem, focusing on achieving higher yields compared to traditional protocols.
Tidal Finance innovates DeFi insurance by creating custom insurance pools, similar to liquidity pools on platforms like Balancer. This allows users to insure various assets, effectively diversifying risk and broadening appeal. Pool creators are incentivized with a share of the returns generated from their deposits, enhancing capital efficiency and attracting liquidity providers (LPs). Moreover, competitive insurance premiums make it a compelling option for users looking to safeguard their investments in the DeFi sector.
- Price: $0.000038 USD
- Market Cap: ~$32,800
- 24h Volume: ~$147,500
Available on: Most activity on Gate.io (TIDAL/USDT); also on Uniswap V2 (Ethereum), KuCoin.
Stride Staked INJ (stINJ)
Stride Staked INJ is a liquid staking derivative of INJ on the Cosmos-based Stride protocol. It allows users to stake INJ, earn rewards, and maintain liquidity for DeFi purposes.
The Stride protocol has supported staking on its mainnet since July 2022, enabling the creation of stINJ. Users receive stINJ in exchange for their staked INJ, which can be redeemed at a 1:1 ratio for INJ, subject to the unbonding period. This process permits participants to partake in DeFi activities on the Injective Protocol while enjoying staking rewards.
Security is paramount for Stride Staked INJ, having undergone audits from various security firms. It utilizes interchain security from the Cosmos Hub to ensure a secure staking environment.
- Price: $16.25 USD
- Market Cap: ~$78,000
- 24h Volume: ~$78,000 USD
Available on: Helix.