I
Injective Protocol
INJ
Global Average
INJ/USD
Rank
274
Market Cap
$77.93MM
Circulating Supply
100MM INJ
Volume (1D)
$7.43MM
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Technical
Injective Protocol
Eric Chen, Co-Founder (Injective Labs)Injective Partners with UMA to Launch New Synthetic Products We are thrilled to announce our collaboration with UMA to launch innovative synthetic products. By integrating with Injective’s decentralized derivatives exchange, synthetic assets on UMA can be made available to our users moving forward. Notable synthetics that we plan to introduce include uGas, a solution for hedging against Ethereum gas fees. In addition, we plan to integrate an ETH/BTC index which would provide an avenue for traders to attain a token that tracks the ETH/BTC price ratio. A second key point of our collaboration with UMA will focus on an integration with UMA’s Optimistic Oracle which is custom built to support synthetic asset collateralization. Read More: bit.ly/32YyABt
Injective Partners with UMA to Launch New Synthetic Products
We are thrilled to announce our collaboration with UMA to launch innovative synthetic products. By integrating with Injective’s decentralized derivatives exchange, synthetic assets on UMA can be made available to our users moving forward.
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