← All venues
IInjective
A finance-focused L1 with a native on-chain order book and MEV-resistant batch auctions.
Spot / orderbook infraOrderbook L1Injective L1Token: INJSince 2021
- Type
- Orderbook L1
- How it works
- Injective’s on-chain CLOB supports precise limit orders and advanced order types; Frequent Batch Auctions (FBA) aggregate orders into batches that clear at one price, eliminating front-running and MEV.
- Chain
- Injective L1
- Scale*
- Orderbook L1
- Best for
- MEV-resistant on-chain order books
- Highlight
- Shared orderbook for apps
* Volume/TVL is a dated snapshot (DefiLlama + venue reports, 2026), not live.
Strengths
- Native on-chain order book at L1
- FBA eliminates front-running / MEV
- Advanced order types
- Shared liquidity for dApps
Trade-offs & risk
- Own L1 ecosystem
- Smaller than EVM/Solana DeFi
- Liquidity varies by market
Open Injective →
Listed for comparison as of June 2026 — not an endorsement. Perps are high-risk leveraged products; DYOR. Not financial advice.
Compare Injective with…