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The INJ/USD Exchange Rate Launches on the API3 Market

Twitter icon  •  Published 5 days ago  •  Hassan Maishera

The API3 team announced via X on Monday that the CORE/USD Exchange Rate is now available on the API3 Market.

The API3 team announced via X on Monday that the CORE/USD Exchange Rate is now available on the API3 Market. $INJ is the native utility and governance token that powers the Injective ecosystem. 

Thanks to this latest development, API3 users can now start using this new data feed to build on-chain products across 37 blockchains. 

API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is currently trading at $2.168, up by 2% in the last 24 hours. 

Injective is an open, interoperable layer-one blockchain for building powerful DeFi applications. Injective uniquely provides plug-and-play financial infrastructure primitives, such as a high-performance on-chain decentralized exchange infrastructure, decentralized bridges, oracles, and a composable smart contract layer with CosmWasm. INJ is trading at $22.55, up by 10% in the last 24 hours.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.