$ETH Initia is a modular blockchain platform (Layer 1 + app‑specific Layer 2 rollups) built using Cosmos SDK. It supports interoperable developer-friendly rollups with flexible VM options and integrated tooling (bridges, DEX, oracles, governance)
Its Enshrined Liquidity POS and VIP incentive mechanism aim to bootstrap and secure multichain rollups while fostering ecosystem growth
Trading & Liquidity
Active across 30–36+ exchanges: Binance, MEXC, Bitget, KuCoin, HTX, Kraken.
Major trading pair: INIT/USDT, especially on Binance (daily volume ~$30 M+)
Total 24‑hour volume fluctuates from $100 M to >$200 M, indicating strong trading interest
Risks & Volatility
Initia has moved more than ±20% in a single day—e.g., a –23% dump in 24 hours and a 18% one-day spike .
Major high-low divergence makes it a high-beta altcoin—potential high returns but also steep drawdowns.
