Injective Protocol (INJ) has been gaining attention due to its unique technological offerings and growth potential. It is a decentralized exchange (DEX) for perpetual swaps, futures contracts, margin trading, and spot trading, and uses order book relayers instead of automated market makers for liquidity management

. The Injective Protocol intends to decentralize cryptocurrency trading and address concerns such as order collusion and front-running

. INJ, the native utility token of Injective Protocol, is used for staking on the PoS network, token burn auctions, and other governance functions, making it a rare asset

. The token burn auctions on Injective are unique as they contribute to the overall Injective ecosystem's value growth, with a high token burn ratio compared to other projects in the industry

. The Injective community comprises over one hundred projects and over one hundred fifty thousand people, with investors such as Binance, Pantera Capital, Jump Crypto, and Mark Cuban supporting itting it