Injective is a decentralized exchange (DEX) protocol that enables users to trade a wide range of assets, including cryptocurrencies, derivatives, and other financial products, in a permissionless manner. Built on the Cosmos blockchain, Injective leverages its unique layer-2 architecture to achieve high throughput and low latency, ensuring a seamless trading experience. Its native cryptocurrency, INJ, is used for governance, transaction fees, and staking within the platform, allowing users to participate actively in its development.