Initia (INIT) Spot Trading Goes Live Today!

Here’s everything you need to know about this groundbreaking project:

What is Initia?

Initia is a next-generation network designed to power interwoven rollups by combining a Layer 1 blockchain with a seamless system of customizable appchains.

Built to realize the appchain vision, Initia merges an L1 blockchain with native rollups, a unified multichain product suite, and an economically aligned ecosystem.

It creates a fluid environment where scalability, interoperability, and developer flexibility converge.

INIT Token Utilities

Gas Token: INIT is used to pay transaction fees across the L1 and its appchains.

Liquidity Hub: The Initia L1 hosts a native DEX, acting as the core liquidity engine for the entire Interwoven Economy.

Staking & Security: INIT-denominated LP tokens are staked with validators to secure the network and enhance crosschain liquidity.

Settlement Fees: Appchains using the Interwoven Stack pay fees to the L1 in INIT.

Initia VIP: An economic model aligning incentives between L1, L2s, and users.

Initia Products Overview

Interwoven Stack

Supports EVM, MoveVM, and WasmVM

Boasts 10,000 TPS and 500ms block times

Built on Cosmos SDK with full-stack customization

Enshrines LayerZero & Celestia DA

Comes with oracles, native USDC, indexers, and more

Initia L1 & Enshrined Liquidity Consensus

First Cosmos SDK-based chain to integrate MoveVM

Uses the Move smart contract language for security and performance

Initia Product Suite

Initia Scan: Blockchain explorer for Initia L1 and all L2s

Initia App: Central hub for all things Initia

Initia Usernames: Multichain name service for identity and access

Initia Multisig: MultiVM-compatible multisignature wallet

Initia Wallet Widget: Connect and manage wallets across rollups and VMs

Initia Bridge Widget: Effortlessly bridge assets across IBC and LayerZero-connected chains