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Glossary

Injective

A Cosmos-based Layer-1 purpose-built for finance, with native on-chain order-book primitives, MEV-resistant batch auctions, and EVM and CosmWasm execution.

Injective is an L1 in the Cosmos ecosystem optimized for financial applications. The chain ships native order-book modules (used by Helix and other DEXes), frequent batch auctions that mitigate front-running, and execution environments for both CosmWasm and (since 2024) the EVM.

The native INJ token has a burn-auction model where 60% of dApp fees are used to buy back and burn INJ. Injective sits in a similar niche to dYdX Chain — finance-specific app-chain — with broader dApp support.