In just the past two weeks, we have witnessed the release of $NVDA, $HOOD, $MCD, $TSLA, $MSTR, and $COIN perpetual futures on @Injective .
Not only are these assets fully accessible 24/7 via major dApps such as @HelixApp_, but they also enable users to gain superior exposure to traditional financial assets.
This big update has brought more action to the Injective blockchain.
Let’s look at the Injective Weekly Statistics for Week 12.
▷ The Transaction Count has reached a huge 1.7B.
This makes sense because with new assets like $TSLA and $COIN available, more people are trading and using the blockchain, increasing the number of transactions.
▷ Also, the Market Cap is now at $1.01B.
More users joining to trade these popular assets could be helping the market cap grow as more people buy and hold $INJ tokens.
Ultimately, the current financial system is broken.
We've all been there.
We've all been charged outrageous gas fees, forced to endure painfully slow transaction times, and, at some point, locked out of our own accounts with no explanation.
The world needed a change.
The blockchain ecosystem needed a savior—a messiah—someone who would rise like a phoenix from the ashes, ready to rescue it from the peril that had already eaten deep into its core.
Ethereum, once hailed as the foundation of decentralized finance, was now struggling under its own weight.
The cracks were glaring—network congestion, sky-high fees, and inefficiencies that turned what should have been financial liberation into yet another system of barriers.
This was the reality that demanded a solution.
A revolution was inevitable. And that’s where @Injective comes in…
In 2018, $ETH -based decentralized exchanges were plagued with inefficiencies—frontrunning, maximal extractable value (MEV) exploitation, and a severe lack of liquidity.
These flaws turned what was meant to be a decentralized financial innovation into a frustrating experience for traders.
The goal was clear: to create a frontrunning-proof, MEV-resistant decentralized exchange protocol that truly empowered users, giving them ownership and control over their finances and future.
But Injective didn’t just stop at fixing a broken system—it reimagined the entire foundation on which decentralized finance could thrive.
Unlike any other blockchain, Injective was purpose-built for finance, crafting an infrastructure designed from the ground up to optimize financial applications.
“Every single upgrade, every single integration, every single development, every single evolution for the Injective ecosystem is going to be geared towards financial applications. We are trying to address all these inefficiencies into a completely revolutionized and reshaped financial future.” — Eric Chen
Interestingly, Injective didn’t start out as a Layer 1 blockchain. The original vision was to build a more efficient and decentralized DEX protocol—one that would solve the glaring issues of its predecessors.
Initially conceived as a Layer 2 solution, the team soon realized that the only way to truly eliminate these inefficiencies was to build a blockchain from scratch, tailored specifically for financial applications.
What began as an ambitious attempt to fix decentralized exchanges evolved into something far greater—a blockchain designed to power the future of finance itself.
And now, with a solid foundation in place, the question remains…
What’s next for Injective?
Stay tuned for Part 2 of this write-up, where I will focus more on the future of Injective and the groundbreaking innovations yet to come.
Injective’s growth reaches 64%, courtesy of @HelixApp.
Here are the latest products launched and tradeable on Helix, @Injective 's premier DEX:
> Indices Helix has launched two tokenized indices for trading asset baskets on-chain: ▷ AI Index (AIX) ▷ TradFi Index
> Stocks Helix enables trading of tokenized traditional stocks via these indices: ▷ The AI Index includes stocks like NVIDIA, Palantir, Super Micro Computer Inc., SenseTime, etc. ▷ The TradFi Index features major stocks like Apple, Microsoft, Amazon, etc.
> iAssets Recently, Helix listed the first iAsset on Injective, $iNVDA, on perpetuals with up to 25x leverage, available 24/7.
> Key Features of Helix ▷ Fully On-Chain Order Book ▷ Zero Gas Fees ▷ Advanced Order Types ▷ High-Speed Trading ▷ Cross-Chain Asset Support ▷ Decentralized Perpetual Futures … and much more!
Trade smart, trade fast, trade cheap, trade like a G, trade on Helix!
Injective's $INJ Burn Auction Round #188 has reached a significant milestone, with an impressive 12,700 $INJ being burnt in this round alone.
This action has led to the permanent removal of an estimated $182,753 USD worth of INJ from the circulating supply.
▷Why is this important?
Token burns are a powerful mechanism in the cryptocurrency ecosystem, designed to decrease the total supply of a token, potentially increasing its value due to the basic economic principle of supply and demand.
Here's how the INJ Burn Auction impacts the Injective ecosystem:⤵
■ Scarcity: By reducing the total supply of INJ, each remaining token becomes scarcer, which can lead to an increase in value over time if demand remains constant or grows.
■ Investor Confidence: Regular burn auctions signal a commitment to maintaining and enhancing the value of $INJ, fostering trust and confidence among investors and users of the Injective Blockchain.
■ Ecosystem Health: A lower supply can contribute to a healthier ecosystem by ensuring that the token's value is propped up by genuine demand rather than an oversupply.
The $INJ Burn Auction is a step towards a deflationary token model, which is often viewed positively in the crypto space.
As @injective continues with its strategic burn auctions, the community watches with keen interest.
The reduction of supply not only aligns with long-term value accrual strategies but also positions $INJ for potential growth in the competitive DeFi space.
With each burn auction, the narrative around INJ becomes increasingly bullish.
Reducing the circulating supply while the blockchain grows in utility and adoption could lead to significant value appreciation, making INJ a token to watch in the DeFi sector.