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24 October 2020

An Analysis of Injective Protocol: A DEX for the Future of Decentralized Derivatives | Live Bitcoin News

An Analysis of Injective Protocol: A DEX for the Future of Decentralized Derivatives | Live Bitcoin News


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An Analysis of Injective Protocol: A DEX for the Future of Decentralized Derivatives.

Such events occur because the current cryptocurrency exchange infrastructure model is inherently flawed.

Injective’s mission is to create a fully decentralized and free financial network, usable by worldwide users.

To achieve this goal, Injective has created the world’s first layer-2 decentralized protocol, facilitating borderless DeFi and derivatives trading.

While most decentralized exchanges rely on centralized off-chain order relays, Injective has opted for a 0x-based orderbook that allows on-chain settlement, further increasing decentralization.

Injective aims to solve common exchange issues such as hacks and legal action, by building a fully decentralized solution from the ground up.

Based on these aspects, Injective is a fully decentralized exchange protocol that facilitates crypto derivative and DeFi trading solutions, resistant to censorship and cyberattacks

This bodes well for the future of exchanges and the digital asset market as a whole as Injective ushers in a new era in decentralized derivatives trading.

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