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Injective Protocol

Injective (INJ) Exchange

Looking to exchange INJ? Swapzone compares live offers from partner exchanges by rate, speed and KYC label. No account, no custody, 0% platform fee. INJ is the native coin of the Injective chain (it uses inj1 addresses) and also exists as an ERC-20 on Ethereum.

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Injective Market Data & Key Metrics

Token IconPrice
$ 7.96
24h % price
3.11%
7d % price
-2.66%
Market Cap
$ 795,705,809.65
24h volume
$ 168,612,405.47
Coin supply
100,000,000

Injective Price Chart and Market Analysis

The current exchange rate for Injective is 6.897710822055465 USD.When you swap INJ or need to injective exchange through Swapzone, you compare live offers from exchange partners — with each partner's KYC frequency label (Rare / Often / Never) and rating shown before you send.
INJ
injUSD
6.8977
-7.38%(-0.55)
injby CoinGecko

Popular INJ Exchange Pairs

Tausche INJ gegenPairsStatus
Bitcoin
Active
Ethereum
Active
Monero
Active
ZCash
Active
Litecoin
Active
XRP
Active
Tether
Active
Stellar
Active
TRON
Active
USD Coin
Active

Other Cryptocurrencies to Exchange

Popular Alternatives to Buy

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What is INJ?

About Injective

INJ is the native token of Injective, a Cosmos SDK-based Layer 1 blockchain built exclusively for decentralized finance applications. Validators and delegators secure the network and participate in governance by staking INJ against a Tendermint proof-of-stake consensus — not proof-of-work mining, not a single controlling issuer.

INJ tokenomics

Injective operates a supply model governed by the INJ 3.0 framework, approved through on-chain governance, in which staking issuance is offset by burns. About 100 million INJ were in circulation as of October 30, 2026, according to CoinGecko.
Genesis supply — 100,000,000 INJ; new INJ is minted as staking rewards within the inflation bounds set by INJ 3.0
Circulating supply — approximately 100 million INJ as of October 30, 2026, according to CoinGecko; all vesting schedules completed in January 2024, leaving no pending token unlocks
Burn auction legacy — 6.78 million INJ permanently removed from circulation through the original weekly burn auction prior to the Community BuyBack program launch
Community BuyBack program — monthly on-market purchases funded by 60% of protocol fee revenue; 178,338 INJ burned across four completed rounds since November 2025; June 2026 round valued at over $315,000
Staking incentives — validators and delegators earn newly minted INJ rewards; the INJ 3.0 framework made issuance adaptive, so the minting rate shrinks as network participation grows
Distribution — Ecosystem Development 36.33%, Team 20%, Private Sale 16.67%, Community Growth 10%, Binance Launchpad 9%, Seed Sale 6%, Advisors 2%

What determines INJ's value

Injective's deflationary mechanics create a direct, programmatic link between network usage and INJ supply reduction: as on-chain activity generates more protocol fee revenue, the Community BuyBack pool grows, more INJ gets purchased and burned, and circulating supply contracts. The June 2026 buyback alone consumed over $315,000 in INJ, according to Injective's official documentation. Each inj swap or injective exchange executed on-chain contributes to the fee volume that funds this burn cycle.

Institutional access expanded structurally in 2026: U.S.-regulated INJ futures launched on the CFTC-approved Bitnomial exchange in April 2026, and Merkle Capital launched M-INJ, the first regulated INJ fund in Asia under Thailand's SEC. These instruments opened compliant inflows from capital that cannot hold unregulated spot positions — creating demand channels with no equivalent in most Layer 1 markets. Injective produces blocks about every 0.6 seconds.

How to Exchange Injective on Swapzone

1
Select a pair to exchange
Choose INJ as the asset you send, or as the asset you receive, and pick the other currency. Enter the amount to see live estimates from partner exchanges.
2
Choose an offer
Compare INJ offers by rate, estimated completion time, KYC frequency label and partner rating, then select the one that fits your swap.
3
Enter receiving wallet address
Paste an Injective address (it starts with inj1) for native INJ, or a 0x address for ERC-20 INJ on Ethereum. Add a MEMO only if the offer asks for one, because exchange-hosted Cosmos addresses often require it.
4
Send deposit to generated address
Send the exact INJ amount to the generated deposit address on the network the partner specifies, and include the MEMO if one is shown. A wrong-network transfer may not be recoverable.
5
Watch your exchange complete
Follow the order status on the Swapzone page. The swap completes after the partner confirms your deposit and sends the asset you chose to your wallet.
Instruction Gif

How to Choose an Injective Exchange

Swapzone shows every live INJ offer in one list, so you can filter by what matters for this swap.
By rateelement
By transaction speedelement
By ratingelement
INJ is a mid-cap token, so quotes can differ between partners on larger amounts. Compare the final amount received, and check that the offer is for INJ on the network you hold.

Injective (INJ) Price Analysis

INJ's price context is fee revenue turned into burns. Sixty percent of protocol fees fund a monthly buyback, four rounds have burned 178,338 INJ since November 2025, and no vesting unlocks are left. Institutional channels opened in 2026 with regulated futures on Bitnomial and the M-INJ fund. The buyback is small relative to supply, so activity growth has to be large to change the supply picture, and DeFi market conditions drive both fees and price.No prediction is certain. Regulatory changes, macroeconomic conditions, and network-specific events can shift prices in either direction. Research multiple independent sources and consider your risk tolerance before making any financial decision.Disclaimer: This content is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are highly volatile and trading carries substantial risk of loss. Past performance is not indicative of future results.

Frequently Asked Questions About Injective (INJ)

What is Injective built for?dropdown

Injective is a Cosmos SDK-based Layer 1 built exclusively for decentralized finance applications. Validators and delegators secure it through Tendermint proof-of-stake by staking INJ.

Is INJ's supply capped?dropdown

No fixed cap. INJ launched with a genesis supply of 100 million, and new INJ is minted as staking rewards within the inflation bounds set by INJ 3.0, while weekly burn auctions and monthly buybacks remove tokens. About 100 million INJ were in circulation as of October 30, 2026, according to CoinGecko.

Are there any INJ unlocks left?dropdown

No. All vesting schedules completed in January 2024, so there are no pending token unlocks.

How does the Community BuyBack work?dropdown

Each month 60% of protocol fee revenue funds on-market INJ purchases, and the tokens are burned. Four rounds since November 2025 burned 178,338 INJ, and the June 2026 round was valued at over $315,000.

What was the burn auction?dropdown

The original weekly burn mechanism, which permanently removed 6.78 million INJ before the Community BuyBack program launched.

How does staking issuance change under INJ 3.0?dropdown

Validators and delegators earn newly minted INJ, and under the INJ 3.0 framework the minting rate adapts and shrinks as network participation grows.

How was the INJ supply distributed?dropdown

Ecosystem Development 36.33%, Team 20%, Private Sale 16.67%, Community Growth 10%, Binance Launchpad 9%, Seed Sale 6%, and Advisors 2%.

What regulated INJ products exist?dropdown

U.S.-regulated INJ futures launched on the CFTC-approved Bitnomial exchange on April 15, 2026, and Merkle Capital launched M-INJ, a regulated INJ fund in Asia under Thailand's SEC.

How fast is Injective?dropdown

Blocks are produced about every 0.6 seconds.

Which address do I use to receive INJ?dropdown

Native INJ uses an inj1 address on the Injective chain. INJ also exists as an ERC-20 on Ethereum, so use the address format for the network the offer states.

How do I exchange INJ on Swapzone?dropdown

Open swapzone.io/exchange/injective-protocol, enter the amount, and compare offers from partner exchanges by rate, time, and KYC label. Paste your address for the stated network, send INJ to the deposit address, and track the order.

Why Exchange Injective with Swapzone?

24/7 Live-Support

24/7 live chat support at every stage of your INJ swap.

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Höhere Sicherheit

Non-custodial aggregator: you send INJ to the partner's deposit address and receive funds in your own wallet, never through Swapzone.

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Beste Kurse

Live INJ offers from exchange partners side by side.

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Über 3000 Währungen verfügbar

Swap INJ with 1,600+ cryptocurrencies.

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Reviews from TrustPilot

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TrustScore 4.7 | 536 Bewertungen
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Best customer support and very fast exchanges

Well i accidentally made a wrong transaction and i hit CS for a review and they replied in less than 3min and i had no account on their site or anything but they looked at my details and refunded me... great CS i loved the exchange too with all the best rates you can find easily...

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zenny review

absolutely goated it took me only 3 minutes to exchange like this is better than exodus exchanging

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Excellent service

I had initial trouble with the platform because I had never used it before, but Russel the customer service rep went above and beyond to help me get my transaction done. Wonderful platform, great customer service. 10/10

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Great site

Great site. Very quick transfers

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Fast and a good price too.

Fast and a good price too.

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nice & swift

nice & swift

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The site experience was great. But choose your exchange platform wisely.

The site experience was great, as on previous occasions. I made a mistake, however, by choosing a different exchange provider, EasyBit, and the result was much worse than I was given to expect. Changelly was the best before and I will choose that option in future.

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Fast swap

Fast swap. No issues 5 star.

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Superb USDT to BTC swap

Superb USDT to BTC swap, went through EasyBit. Best rate on market.

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BEST REALLY FAST

BEST REALLY FAST

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A very nice and useful crypto swap

A very nice and useful crypto swap site. It is very well done and stays helpful on how to proceed to swap cryptos around.

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perfect

perfect, fast no issues 100%

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Wayne helped me throughout the way

Wayne helped me throughout the way, even tho it was just a misunderstanding and it just took longer than usual. he didnt mind, thank you for this,.

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i was accompanied by the team

i was accompanied by the team throughout the swapping process and i must say that they were very efficient. thanks

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Comfort dex

Use DEX for swap from solana to bnb. Pretty fast, good rate. Thanks

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Quick

Quick, secure and easy to use

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They just work!

They just work, can't ask for more, plus have great support, which answers in 2-3min. Did mistake, got all fixed and my money back.

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great customer service

great customer service made a mistake on my side but they managed to fix it and swap my crypto

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I recommend using swapzone I exchange...

I recommend using swapzone I exchange my LTC to USDT it only took around 5 minutes to complete I was not expecting it to be that fast but I really recommend using it to swap your cryptocurrency!

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Unstaking ONT without having ONG

My problem was to unstake ONT in my wallet which I administrate with the Exodus software without having ONG for gas fee. The swapping function in Exodus is no longer available and they will suspend the support of Ontology soon. By means of the fantastic swapzone-node I was able now to swap TRX into ONG and receive the ONG directly at my adress of ONT-asset. So I was able to start the unstaking procedure. And one more advantage: The swapping of TRX to ONG and sending it to the ONG-adress was quite simple for beginners like me: I'm used to krypto ledger, but this was my first experience with swapping-nodes.

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Great service with great support!

not so long ago I was looking for a service that allows you to exchange cryptocurrency quickly and effortlessly. today, when I once again decided to exchange usdt to eth - I wrote the wrong wallet, namely the wallet from the last exchange (incorrectly indicated the amount), to which the usdt should have been sent. after contacting support, I was almost immediately refunded, which I am very happy about! I recommend using this service! 100/100

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Very competitive pricing and fast support - great!

I used swapzone.io over 10 times recently and never had an issue. In fact, I had once a visual bug of the swap interface when the funds were sent but it was correct again the second I started a chat with support. In less than 2 minutes I had a very friendly employee talking to me. Very competitive pricing and fast support.

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everything was fine

i successfully exchanged currencies. it took just a couple of minutes

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everything is in one place

I'm new to cryptocurrency, and I'm always frightened by the choice of services. I really liked that everything is in one place here, and you can choose from familiar names and compare prices between them. The exchange took place fast and without any problems.

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I tried swapping nearly $1000 worth of

I tried swapping nearly $1000 worth of bitcoin with the cake app four different times this evening and it wouldn’t work. Thankfully, their support was able to give me my money back quick and I was able to come here and I found an even better rate than what I got with cake. This will probably be my new go to crypto swapping platform. 100 out of 10 recommend and you can order with confidence :-)

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Trusted !

Trusted website ! , recieved my 10 usd bitcoin to litecoin in just 30 mins , would recommend 100%

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simply, reliable and quick

Easy to understand terminal, quick transaction. A bit of slippage on promised rate compared to what received - not sure why, as prices haven't changed by that percentage.

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made good experiences

made good experiences. chaged IOTA in about 5 minutes.

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Excellent and fast exchange at a good…

Excellent and fast exchange at a good rate! Thanks to the Swapzone team!

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Great

Great! I’ll surely recommend it

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I wanted to share my experience after…

I wanted to share my experience after encountering a failed transaction earlier today. I contacted support, and the team was incredibly fast in getting back to me. They understood the problem immediately and helped me through the recovery process efficiently. It's situations like this that really show why prompt customer service is essential on an exchange. The quick resolution meant I didn't have to worry for long. Your help was much appreciated!

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You can trust this site!

Great experience! Swapped from SOL to TRX no issues. Wasnt too pricey. I recommend!

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Thank you

Thank you ! I've got my crypto swapped without any hassles.

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Great

Gut gelaufen, wie immer halt. Gern wieder!

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easy seamless and quick

easy seamless and quick

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Hervorragender Service!

Hervorragender Service!

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fast and safe to be honest

Fast and good, normally i dont do reviews, but this swapping system is good ngl

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Faster

Faster, the best

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Works with ~ 100€ worth of coins

I was scammed by simpleswap before, but with Changenow over simpleswap it worked.

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This was my first swapping and it went…

This was my first swapping and it went so smoothly without needing to refresh again and again

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Nothing to complain about

Nothing to complain about, got even more crypto than expected.

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Great support

Great support, replied within 1 minute. Few minutes later, swap finished properly.

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Super Service !

Super Service !

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Very fast exchange

Very fast exchange. Thank you.

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Good also very fast support

Good also very fast support

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Never had an issue once over many…

Never had an issue once over many years. Even when their was KYC demand or other issue, swapzone.io always resolved it for me. You can trust them and know your coins are safe

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very responsive

very responsive, and fast followthrough

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Easy no fuss

Easy no fuss trades. Fast responsive support. They take care of you.

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First exchanges went great

First exchanges went great. Customer service is excellent. I'll be joining the partner program.

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bon site

bon site, tres explixite et sécuriasant

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Customer service was great

Honestly in this industry it’s hard to fbb in f great costed service but Liam at swapzone handled an issue for me and solved it and no bs just helping me out. Thank you. My first time using swap zone to swap crypto was great and I’ll be back now .

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Read this carefully

Works every time and helps to find the best deal. Is what I would say if I wanted to leave regular review. What I am going to say is that this service is unmatched in crypto sphere how they handle their business. I sent crypto to a swap in 2 transactions instead of one(my mistake) and when I opened the chat and explained my issue they contacted the parter doing the swap and gave me option to get a refund or continue with the swap at the current rate. Others would just keep it of tell you its lost. So not only they help you find the swaps but they act as a liaison if there are issues.

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perfect service

perfect service. great support. I can wholeheartedly recommend this service. The support is fast, helpful, and solution-oriented. You won't find that with other Exchange services. A++++ thanks

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Everything as expected!

Everything went as expected for my first time with this service, specifically via ChangeNOW. Got the full exchange of funds to my wallet! A+

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everything goes perfect as heaven

everything goes perfect as heaven

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Perfect!!!

Perfect!!!

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It worked better than I expected

It worked better than I expected. Great experience! I'll be back

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Quick service

Quick service. Transaction was processed with ease. Thank you Swapzone

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Excellent and reliable platform

Reliable and easy to use without the cumbersome KYC! Excellent exchange platform.

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Good and Fast Support

Tyler from Swapzone's Support team was very kind and helps me out proactively. Highly recommend this site.

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