Injective INJ

Injective is a blockchain designed specifically for finance. It is a layer-one blockchain that enables the creation of decentralized financial applications (DeFi) such as spot and derivatives exchanges, prediction markets, lending protocols, and more. Injective aims to provide an open and interoperable platform for users to access and participate in various financial services and products.

Injective is unique compared to other cryptocurrencies because it focuses on constant development rather than short-term hype. It has substantial VC funding from prominent investors, allowing it to prioritize long-term development over token price. Additionally, Injective is iterating on the traditional concept of an order-book exchange on the blockchain by creating a unique chain that comes with out-of-the-box DeFi tools. This makes it similar to an Ethereum smart contract but with enhanced capabilities.