Injective (INJ)

DeFi Rank #28 CAUTION
5.9 /10

Score breakdown

Unlock10/10
Tokenomics9/10
Insider7/10
Onchain2/10
Dev Activity2/10
Revenue3/10
Institutional6/10
Etf5/10
Market Structure8/10
Security7/10

Analysis

Injective's deflationary tokenomics accelerated with IIP-617 increasing the burn rate to 12% in March 2026, removing 2.1M INJ from circulation monthly. The inEVM upgrade enabled full Ethereum compatibility, attracting major DeFi protocols to migrate. Pineapple Financial's $2M investment was followed by additional institutional backing totaling $15M. TVL reached $180M with new derivatives and RWA trading products. The network processed $2.8B in trading volume during Q1 2026, demonstrating strong product-market fit.

Disclaimer: This analysis is for informational purposes only and is not investment advice. Crypto investments carry high risk. DYOR โ€” Do Your Own Research.