There's more to $INJ than a Layer 1 for finance, and here are five things worth knowing 👀
1️⃣ The burn pays you to take part
Once a month, anyone can commit INJ to the Community BuyBack and receive a share of the revenue the whole ecosystem generated. The INJ you commit gets destroyed. Before this replaced the old auction format in 2024, the original burn auction had already removed 6,78 million INJ from circulation.
2️⃣ A publicly traded company owns 7% of the supply
Pineapple Financial, a Canadian firm listed on NYSE American, holds just over 7 million INJ, worth around $54M at current prices, sitting on one company's balance sheet.
3️⃣ The supply shrinks when the network gets busy
New INJ is minted to pay stakers, and burned through the buybacks. The busier the chain, the more gets burned, which means heavy usage can pull the total supply down rather than push it up.
4️⃣ Mark Cuban was an early backer
Injective was incubated by Binance Labs and sold its token on Binance Launchpad on October 21, 2020. Jump Crypto, Pantera Capital and Mark Cuban were all behind it.
5️⃣ It went five years without EVM, then switched it on overnight
Native EVM support arrived in November 2025 with more than 30 projects live on day one. Tokenized assets on the chain passed $1B this week, and Injective just ran the first-ever Stockdrop, an airdrop of tokenized stocks.
Swap $INJ on ChangeHero 👇
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