Injective is a proof-of-stake layer 1 blockchain designed for financial apps such as exchanges, prediction markets and tokenised asset platforms. It offers shared order book infrastructure that apps can plug into. INJ is the native token used for fees, staking and governance.

How does the INJ burn auction work?

A share of fees from apps on Injective is collected into a basket of assets that is auctioned on a regular schedule. Bidders pay in INJ, and the winning INJ bid is burned, which reduces supply. Larger ecosystem revenue means larger auctions and more INJ removed.

Does staking INJ affect its perps market?

Staking locks INJ with validators to earn rewards, and unbonding takes several weeks, so staked holders cannot sell quickly. Some hedge with short perps instead, which can push funding negative even when spot demand is steady. A high staking ratio also leaves fewer liquid tokens on exchanges.

Why does INJ trade with DeFi and Cosmos tokens?

INJ shares investors and narratives with DeFi tokens because its main use is financial applications. It also moves with Cosmos assets because the chain is built with the Cosmos SDK and connects through IBC. Sector-wide moves in either group often show up in INJ funding and open interest.

What are INJ perpetual futures?

INJ perpetual futures are derivatives contracts that track the price of INJ and never expire. Instead of settling on a date, they use a funding rate to stay close to the spot price. You can go long or short with leverage without holding any INJ.

How does INJ funding work?

Funding is a payment between longs and shorts. When INJ perps trade above the index price, funding is positive and longs pay shorts. When they trade below it, shorts pay longs. Most exchanges settle every 8 hours and some, including Hyperliquid, settle every hour.

Should I long or short INJ?

Coinperps does not give trading advice. Funding, open interest, the long/short ratio and liquidations show how other traders are positioned, but crowded positioning can last longer than expected. Size positions so a liquidation would not hurt you.

Injective (INJ) 永续合约

– 24h · 永续合约标记价格

实时 · 已更新 – 比较 INJ 交易所

24h成交量 – vs 此前24h 持仓量 – · 资金费率（持仓量加权，8h） – 年化多空比（24h） – 多头爆仓（24h） – 多头持仓量/市值 – 市值 –

Injective 价格及衍生品历史数据

各交易所每日收盘价及永续合约成交量

Injective 永续合约市场

Injective 是一个为金融构建的第 1 层区块链，拥有链上订单簿模块，应用程序可利用该模块运行现货、永续合约及其他衍生品市场。INJ 用于支付手续费、通过质押保护链安全并参与治理投票。交易者使用 INJ 永续合约以杠杆交易该代币，在 DeFi 情绪疲软时做空，或对冲质押中的 INJ 而无需等待解绑期。

Injective 上应用程序产生的部分手续费会定期进入销毁拍卖，移除 INJ 的供应量，因此生态系统活动及销毁规模值得与价格一同关注。该链基于 Cosmos SDK 构建，INJ 通常与其他 Cosmos 及 DeFi 资产一同交易。Binance 在永续合约成交量中领先，其次是 Bybit、MEXC 及 OKX，而 Hyperliquid 也为偏好链上交易所的交易者提供了 INJ/USD 市场。

INJ 资金费率 INJ 持仓量 INJ 爆仓 INJ 多空比