Latest Injective updates on March 28th

Injective has recently released important updates to its cryptocurrency project. On March 28th, Helix has launched Euro perpetuals on testnet thanks to the latest FX integration by Injective and PythNetwork. On the same day, Injective officially integrated FX pairs on-chain and DefiLlama started to track Astroport on Injective. On March 27th, Astroport TVL has reached $2,000,000 and Helix has crossed $9,000,000,000 in cumulative volume. Furthermore, Astroport rewards were launched, and a new xAsset was launched from Arbitrum just hours after its official launch. On March 26th, Terran One has launched a new validator on the Injective network and Iryna_everstake shared 7 days Injective stats change. Lastly, on March 24th, Injective integrated PythNetwork to launch institutional grade testnet markets and WhiteWhaleDefi announced the last airdrop for Injective stakers.

What is Injective ?

Injective Protocol is a decentralized, blockchain-based financial platform that is designed to help facilitate the growth of the global financial system. The platform enables users to create and trade digital assets, as well as to access a wide variety of financial services. With its decentralized nature, users can trust that all transactions are secure and that their funds are safeguarded.

The platform is built on top of a blockchain network, which is a type of distributed ledger technology that allows users to securely transfer digital assets without the need for a third-party intermediary. This means that the platform is immutable, meaning that the transactions that occur through it cannot be modified or deleted. This makes the platform highly secure and reliable, ensuring that all user activity remains transparent and verifiable.

Injective Protocol also features a range of features that make trading digital assets easier and more efficient. The platform offers an open-source smart contract system, which allows users to create and manage their own digital assets, as well as to securely trade them. It also features a decentralized exchange, which allows users to trade digital assets without the need for a middleman. In addition, the platform also has a range of built-in tools that help users to manage their portfolios and track market movements.

Injective Protocol is also designed to make it easier for users to access a variety of financial services. Users can access traditional financial services such as loans, investments, and insurance, as well as more specialized services such as margin trading, staking, and more. All of these services are available through the platform, which makes it easier for users to access them without having to go through a third-party.

In summary, Injective Protocol is a decentralized, blockchain-based financial platform that is designed to facilitate the growth of the global financial system. It features a range of features that make trading digital assets easier and more efficient, as well as a range of financial services that are available through the platform. With its decentralized nature, users can trust that all transactions are secure and that their funds are safeguarded.

This article was published on 2023-01-29 by Marc Endevor. Information shown in this article was gathered from the project’s website and Twitter account. Coinvestigate cannot guarantee the accuracy of this information, or any news that may have impacted the project in the meantime.