
Injective is a layer 1 blockchain built on the Cosmos SDK, optimized for DeFi and derivatives. INJ is needed for gas, staking, governance and burns: exchange fees are auctioned weekly and INJ is burned, and 60% of on-chain revenue is used to buy back and burn INJ.
Founders, investors, token distribution, lockups and unlocks at a glance, with sources and dates.
Who bought when at what price, and how much is still coming to the market.
The most important risks with evidence, plus how overheated Injective is compared with its own history.
What speaks against the project and what to watch out for.
Tokenomics, team, risks and utility – six pillars, one grade. From the COMPASS plan.
See plansInjective is a layer 1 blockchain built on the Cosmos SDK, optimized for DeFi and derivatives. INJ is needed for gas, staking, governance and burns: exchange fees are auctioned weekly and INJ is burned, and 60% of on-chain revenue is used to buy back and burn INJ.
With an overall grade of 2.5 (60 out of 100) across six pillars: tokenomics, team, utility, security, execution and relevance. Grades range from 1.0 (very strong) to 5.0 (very weak). The reasoning for each pillar is inside CryptoCompass.
The all-time high of INJ is $52.62 (14 Mar 2024). On 22 Oct 2026, INJ trades at $8.16, which is 84% below it.
No. We rate the structure of the project, not the price. A good grade says nothing about whether the price is currently cheap. Not investment advice.
We rate the structure of the project, not the price. Not investment advice. Crypto is highly risky and a total loss is possible. Price data: CoinGecko, as of 22 Oct 2026.