Injective is an open, interoperable smart contracts-enabled blockchain optimized for DeFi applications. Injective uniquely provides plug-and-play modules, including an order book and derivatives trading module, that make it easy for any developer to quickly launch finance applications with inherent value. Coupled with smart contracts capabilities, any developer can build complex applications with cutting-edge protocols. Built with Cosmos-SDK, Injective utilizes an Ignite (formerly Tendermint) proof-of-stake consensus mechanism for secure transactions with instant finality. INJ is the native utility and governance token for Injective. It plays an integral role in protocol security, market maker and relayer incentives, derivatives collateralization, and more.