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  1. Home
  2. /Glossary
  3. /Injective
Back to Glossary
blockchain

Injective

A Cosmos-based Layer 1 blockchain built specifically for finance applications.

Definition

A Cosmos-based Layer 1 blockchain built specifically for finance applications. It offers a built-in order book, zero gas fees for users, and fast finality. Injective supports cross-chain trading and has become a hub for derivatives and prediction markets in the Cosmos ecosystem.

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Related Terms

Layer 1

The base blockchain that processes and finalizes transactions.

Cosmos

A network of independent blockchains that can communicate with each other through the IBC (Inter-Blockchain Communication) protocol.

Derivatives

Financial contracts whose value is based on an underlying asset.

ABI

Application Binary Interface.

Account Abstraction

A way to make crypto wallets behave more like normal apps by turning every account into a smart contract.

ERC-4337

The Ethereum standard for account abstraction without changing the core protocol.

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