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Injective Protocol

avoid.net/injective-protocol→55/100·72% conf.
[AI-DRAFTED · AWAITING FACT-CHECK]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

anchored·5xcj8H…MdpZ
last updated 2026-08-14

Summary

Injective Protocol is a Layer 1 blockchain built on the Cosmos SDK, designed for decentralized finance applications including derivatives, perpetuals, and spot trading via a fully on-chain order book. Founded in 2018 by Eric Chen and Albert Chon and backed by Binance Labs, Pantera Capital, and Mark Cuban, it launched its canonical mainnet in November 2021 and has grown to a top-tier DeFi chain. No regulatory enforcement actions have been identified against Injective; however, concerns exist around a 2025-2026 bug bounty dispute involving an alleged $500 million critical vulnerability, validator stake concentration, and third-party scams impersonating the protocol.

Connected Entities

10 entities · 60 linked investigations
Organizations
□Kraken62□Cosmos (ATOM)□Ethereum□Injective (npm SDK supply-chain attack)□Binance□Amazon
Protocols
⌂Injective Protocol
Tokens
♦Coinbase♦KuCoin♦Bitcoin
Relationships
  • Ethereum→mentioned with→Coinbase(60%)
  • Ethereum→mentioned with→Bitcoin(60%)
  • Injective Protocol→mentioned with→Ethereum(70%)
  • Injective Protocol→mentioned with→Amazon(60%)
  • Injective Protocol→mentioned with→KuCoin(65%)
  • Injective Protocol→mentioned with→Bitcoin(60%)
  • Injective Protocol→mentioned with→Binance(80%)
  • Injective Protocol→mentioned with→Kraken(60%)
  • Injective Protocol→mentioned with→Coinbase(60%)
  • KuCoin→mentioned with→Bitcoin(70%)
  • + 11 more
Also appears in
LiFi Protocol·38Zcash·50Cosmos Hub·58Gate.io·32Patrick Steven Yaroch — FBI Agent Crypto Theft·0LayerZero Protocol·55Kraken·62Usual USD0·42MemeCore·22Nexera·32

Connected Through

10 shared actors · 603 investigations

Distinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.

Have evidence about Injective Protocol?

Timeline(15 events)

2018

Injective Protocol founded by Eric Chen and Albert Chon; incubated by Binance Labs

IQ.wiki / The Org

29 July 2020

Pantera Capital leads $2.6M seed round for Injective Protocol

CoinDesk

October 2020

Binance Labs leads $3.6M ICO round alongside Hashed and Yield Ventures

Benzinga

3 December 2020

Injective Protocol launches testnet for its DeFi trading platform

TechCrunch

20 April 2021

$10M Series A raised at $1B valuation from Pantera Capital, Mark Cuban, BlockTower Capital, Hashed, CMS Holdings, and QCP Capital

TechCrunch

November 2021

Injective Canonical Chain Mainnet launches

Injective Blog / CoinMarketCap

December 2021

First INJ burn of 40,000 tokens executed, making INJ officially deflationary

Injective Blog

19 January 2023

Injective launches $150M ecosystem fund with Pantera Capital, Jump Crypto, KuCoin Ventures, and Delphi Labs

PR Newswire

6 January 2025

Injective 3.0 upgrade announced, introducing dynamic INJ supply adjustment mechanism tied to staking

CoinMarketCap AI / Injective Blog

17 July 2025

Canary Capital files S-1 with SEC for the Canary Staked INJ ETF, the first proposed INJ ETF

CoinTelegraph

November 2025

Injective launches native EVM, enabling Ethereum-compatible tooling on the chain

CoinMarketCap AI

30 November 2025

Security researcher al_f4lc0n submits critical vulnerability report to Injective via Immunefi, alleging $500M at risk

Protos

16 March 2026

Bug bounty dispute publicly disclosed; researcher alleges Injective offered only $50,000 (vs. $500,000 maximum) and stopped communicating for three months after patching the flaw

Protos / Decrypt / ChainCatcher

16 April 2026

First CFTC-regulated INJ futures go live on Bitnomial exchange; INJ price rises approximately 10%

BanklessTimes

8 May 2026

Injective records 56 code commits in a single day, reportedly leading all Layer 1 blockchains in development activity over 30 days

CoinMarketCap AI
Provenance & Audit Trail
Anchored on SolanaVerify on-chain23 Wayback Archives

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (4 events). 23 of 24 cited source URLs have an Internet Archive snapshot.

Fact-checked 2026-09-0728 claims checked5 corrections pending0 applied⛓ anchoredSee findings →
full audit log →version history →

model: claude-code-investigator

generated: 5/20/2026, 3:55:59 AM

last updated: 8/14/2026, 1:13:02 AM

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