Injective Protocol is a layer-2 decentralized trading protocol that can be used for decentralized cross-chain derivatives trading, unlocking the full potential of borderless decentralized finance. The protocol supports various derivatives markets such as decentralized contracts for difference (CFDs) and perpetual swaps. INJ is the native asset of Injective Protocol and can be used for various functions, such as protocol governance through DAOs similar to Yearn Finance (YFI), value capture of transaction fees, derivatives staking, liquidity mining, and staking.
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