Mahnoor_Trades10

Di bawah ini Anda akan menemukan dossier yang terintegrasi dan terbaru tentang Kite, apa itu, siapa yang ada di belakangnya, bagaimana cara kerjanya, di mana posisi token saat ini, dan bagian teknis serta ekosistem mana yang sudah hidup atau dijanjikan. Saya mengambil ini dari dokumen dan whitepaper resmi Kite, halaman proyek/exchange utama, siaran pers, dan liputan terkini sehingga Anda mendapatkan deskripsi proyek dan konfirmasi independen tentang pendanaan, listing, dan data token. Saya telah menandai sumber secara inline sehingga Anda dapat langsung melompat ke halaman asli untuk detail apa pun.

Total Value Locked (TVL): trackers show Falcon Finance’s TVL in the high hundreds of millions to low billions range (examples: DeFiLlama reports about $2.08B TVL; Binance’s project writeup cites ~$1.97B).
USDf supply & issuance: project dashboards and market aggregators report USDf as a circulating synthetic dollar (minted on-chain via collateral). Market trackers list USDf as launched Feb 2025 with supply and market stats tracked on token pages.
Native token (FF): Falcon Finance’s governance/utility token $FF has a max supply of 10,000,000,000 with circulating supply figures reported on token aggregators (CoinMarketCap / CoinGecko show circulating supply in the low billions and live market cap / price updates).Audits / reserve assurance: Falcon Finance publishes audit summaries and has released independent quarterly audit/assurance reports (Harris & Trotter LLP) confirming USDf reserves exceed liabilities; the protocol also lists third-party smart contract audits (Zellic, Pashov) on its docs.

What Falcon Finance is (concise)

Falcon Finance bills itself as a universal collateralization infrastructure: a protocol that accepts a broad set of liquid assets (crypto and tokenized real-world assets) as collateral to mint an overcollateralized synthetic dollar USDf. The protocol’s goal is providing immediate on-chain liquidity without forcing asset sales, while offering yield via staking/strategies tied to USDf/sUSDf.

Product primitives & flows (how the system works)

Deposit collateral → Mint USDf Users deposit accepted collateral into Falcon smart contracts and mint USDf against that collateral. The protocol enforces overcollateralization (public docs report minimum collateralization levels e.g., sources reference ~116% minimum in some product descriptions). USDf is therefore backed by user collateral + reserve/strategy buffers.
Stake USDf → sUSDf Staking USDf yields sUSDf (a yield-bearing representation reflecting cumulative yield performance); the protocol advertises staking rewards and APYs in its UI and marketing materials.
Use USDf USDf can be swapped, used for trading, payments, yield strategies, or bridged across supported chains via integrated on-chain flows and partner integrations. Analytics pages (e.g., RWA dashboards, Dune) track transfers and usage

Supported collateral & asset classes

Crypto assets: major liquid tokens (stablecoins like USDC/USDT, ETH, BTC wrappers, SOL and other liquid tokens) are accepted; risk parameters vary by asset class.
Tokenized Real-World Assets (RWAs): the project advertises support for tokenized treasuries, corporate debt and other RWAs enabling holders of tokenized real assets to mint USDf. Sources mention inclusion of tokenized U.S. Treasuries and other institutional assets in their collateral set (project listings and CMC overview).

Chains, integrations & where the protocol runs

The Falcon site and analytics trackers show multi-chain presence and cross-chain integrations (DeFiLlama lists TVL by chain; project docs and app UI show minting tools and swaps). Exact chain list and bridges are visible on the protocol’s app and Dune dashboards.

Tokenomics (FF) summary

Token name / ticker: Falcon Finance / FF.
Max supply: announced 10 billion FF.
Utility: governance, staking, community rewards, potential staking benefits & access to protocol incentives (official tokenomics announcement).

TVL & USDf adoption timeline / milestones

Closed Beta TVL: Falcon announced $100M TVL during its Closed Beta (March 26, 2025), a publicly shared milestone during controlled rollout.
Growth to scale: multiple recent articles and trackers show a substantial increase afterward; DeFiLlama and exchanges cite TVL figures approaching ~$2B in the latest snapshots. This indicates rapid asset inflows and USDf issuance growth.

Security, audits & reserve transparency

Smart contract audits: Falcon’s docs list audits by Zellic and Pashov (smart contract security reviews).
Quarterly audit / assurance on USDf reserves: Falcon published an independent quarterly assurance report by Harris & Trotter LLP (Oct 1, 2025 press release) stating USDf reserves exceed liabilities and that assets backing USDf are held in segregated accounts presented to boost transparency and confidence. Multiple press outlets summarized those results.

Markets, listings & price (FF and USDf)

FF token market pages: live price data, circulating supply and market cap are tracked on CoinMarketCap & CoinGecko (example: CMC and CoinGecko show live price, 24h volume, circulating supply and ranking).
USDf listings / markets: USDf is tracked on RWA/Stablecoin dashboards (app.rwa.xyz), and can be minted/swapped on the Falcon app. Exchanges and DEXs list trading pairs that include USDf check the app for the latest pairs and bridges.

Governance & team signals

Falcon’s public materials (blog, tokenomics announcement) describe a governance model where $FF holders have governance rights; the team has published roadmap posts and tokenomics docs. Leadership names appear across press releases and interviews (e.g., Andrei Grachev quoted in early PR). Company pages and LinkedIn profiles list team and advisor signals. For on-chain governance specifics (voting contracts, timelocks), check the governance docs and GitHub.

Recent press & community signals

PRs and coverage in crypto press and mainstream outlets document the audit release, TVL milestones, and tokenomics rollout. Binance Research/Academy published an explainer piece on Falcon Finance; PR Newswire and crypto outlets reported the audit/assurance. Community dashboards (Dune) show activity and transfer stats.

Where to see / do the main user actions right next

Official app (mint / swap / stake): app.falcon.finance (mint page shown). Use the web app to deposit collateral, mint USDf and stake for sUSDf.
Documentation & audits: docs.falcon.finance (Audits & resources page) links to audit reports and security summaries.
Analytics / market trackers: DeFiLlama (protocol TVL), CoinMarketCap & CoinGecko (FF price & supply), RWA dashboards (USDf metrics).

Key strengths (based on current data & design)

Broad collateral set (crypto + RWAs) expands who can access on-chain liquidity without selling assets.
Focus on transparency: regular audit/assurance reporting and public audit docs increase institutional confidence.
Rapid adoption / liquidity: TVL growth from closed beta to multi-hundreds-of-millions / billions shows demand for synthetic dollar and collateralized liquidity.

Key risks & what to watch

Protocol/Smart contract risk despite audits, smart contract risk is inherent; new features or integrations add exposure. (See audit reports for scope & limitations.)
Reserve composition & concentration while audits assert reserves exceed liabilities, the composition (types of assets held, concentration, custodial arrangements) matters; read the audit details to understand liquidity and valuation assumptions.
Regulatory scrutiny stablecoins and synthetic dollar products face increasing regulatory attention globally; legal/regulatory changes could affect issuance, custody or markets. (General industry risk; relates to all synthetic stable providers.)Market & liquidation risk overcollateralized systems depend on liquid markets to rebalance. Rapid price moves or illiquidity in certain collateral types could stress the system; monitor protocol collateralization ratios and liquidation mechanisms in the docs.

Suggested verification links (primary sources)

Falcon Finance official site & app https://falcon.finance / app.falcon.finance (use the mint page for live UI & flows).
TVL & protocol analytics DeFiLlama: Falcon Finance protocol page.
Audit & security resources Falcon docs (Audits page).
Audit / reserve assurance press release PR Newswire / press coverage on Oct 1, 2025 (Harris & Trotter report summary).
Token & market pages CoinMarketCap / CoinGecko FF pages for live price & supply.

@Falconfaker
#FalconFinance
$FF

Di bawah ini saya mengumpulkan dan mengatur informasi terbaru yang dapat diverifikasi tentang Yield Guild Games (YGG). Saya menarik data pasar langsung, metrik token, pembaruan protokol, kemitraan, catatan keamanan/audit, lini produk (brankas, SubDAOs, YGG Play), fakta tim dan tata kelola, dan di mana untuk memverifikasi semuanya sendiri. Saya menunjukkan sumber di samping setiap klaim utama sehingga Anda dapat mengikuti fakta-fakta yang paling mendukung (harga/pasokan/kapitalisasi pasar, pergerakan perbendaharaan/token, kemitraan, desain brankas/SubDAO, audit/tim) semuanya dicatat.

Below is a compiled, up-to-date, and detailed snapshot of Injective (the protocol, token INJ, recent upgrades, ecosystem, economics, and where to watch live data). I pulled the latest published facts and metrics so you have a single place to scan what matters most. Where a number or claim can change quickly (price, TVL, upgrades), I put the source next to it.

Quick summary (one-line)

Injective is a finance-focused Layer-1 blockchain that emphasizes high throughput, sub-second finality, low fees, multi-VM support (EVM + CosmWasm), and cross-chain bridges powered by the INJ token for staking, governance, and fee mechanics.

Latest major network updates and roadmap item

Native EVM mainnet launch (November 2025): Injective announced and launched a native EVM mainnet that enables builders to deploy using familiar Ethereum tooling (Hardhat, Foundry) while leveraging Injective’s low latency and finance modules. The upgrade targets sub-second block times and aims to unify assets and liquidity across Injective’s multi-VM architecture. Reported block time figure ~0.64 seconds in coverage of the launch.
CosmWasm / multi-VM support and prior upgrades: Injective has previously integrated CosmWasm smart contract support and interchain accounts (July upgrade), making it a multi-VM chain that supports both CosmWasm and EVM workflows. This multi-VM approach is central to Injective’s strategy of attracting both Cosmos and Ethereum-native apps.
Planned SVM/Solana VM integration (stated roadmap): Following the EVM release, public communications indicate plans to add Solana Virtual Machine (SVM) compatibility to let Solana-native apps access Injective liquidity in the future.

Core technical characteristics

Layer: L1 (native chain) built with Cosmos SDK heritage and multi-VM capabilities.Finality / throughput: Advertised sub-second block times (reporting ~0.64s post-EVM launch) and design tuned for low latency financial operations. Real throughput depends on runtime and configuration but the project emphasizes high performance.
Fees: Focus on "ultra-low transaction fees" to enable high-frequency and microtransaction use cases.Interoperability / bridges: Injective supports bridging assets from Ethereum, Solana, Polygon and Cosmos (IBC) via its official Injective Bridge and integrations (including Wormhole historically), enabling cross-chain asset flows.

Token (INJ) supply, utility, and tokenomics

Total / max supply: 100,000,000 INJ (max supply cap widely reported).
Circulating supply / market cap (live figures change): At time of these sources the market price was roughly ~$5.8–$6.0 per INJ, giving a market cap in the ~$580M–$595M range (exchanges/aggregators report slightly different live numbers). Use CoinMarketCap / CoinGecko / Binance / Coinbase for real-time price.
Primary utilities of INJ: security (staking and validator/delegator incentives), governance (vote on proposals), fee settlement, and participation in protocol auctions / economic mechanisms.
Inflation / staking mechanics: Injective uses a dynamic inflation model that adjusts between roughly 5% and 10% annual inflation depending on the network’s staking ratio target (commonly reported target ~85%). This dynamic model is intended to incentivize staking when participation is low and moderate inflation when staking is high. Validators earn newly minted rewards; there are slashing rules for misbehavior. Exact yields vary with current inflation and validator selection.

Staking, validators, and security

How staking works: INJ holders can delegate to validators to secure the chain and earn rewards; validators operate nodes and are subject to slashing for downtime or malicious actions. Documentation covers staking, delegation, unbonding periods and slashing.
Staking participation: Reported staking ratios and realized APYs vary over time third-party staking pages and validator explorers (Figment, Chorus One, block explorers) provide up-to-date figures for staked percentage and expected reward rates.

Ecosystem, DeFi apps, and TVL

Top dApps & DeFi projects: Injective’s ecosystem includes DEXs and DeFi apps such as DojoSwap, Helix, Hydro, and others. Rankings and per-dapp TVL / activity are tracked on DappRadar and similar analytics sites.
TVL (Total Value Locked): TVL on Injective and its apps has historically been modest compared to the largest Ethereum L1/L2s; some Injective apps (e.g., DojoSwap) have seen multi-million TVL at points in the past, but TVL fluctuates with market conditions and user activity. Aggregators like DappRadar and DefiLlama (where available) provide current TVL snapshots per app. Because TVL methodologies differ, always check the aggregator’s notes when comparing chains.

Bridges, cross-chain flow, and liquidity

Official Injective Bridge: Injective operates an official bridge UI/stack that supports transfers from Ethereum, Solana, Polygon, and Cosmos IBC. That bridge is the recommended on-ramp for moving assets into Injective for many users and dApps.Wormhole & other connectors: Injective has engaged with cross-chain connectivity projects historically (Wormhole integration announcements), increasing its accessibility to assets and liquidity across ecosystems.

Exchanges, listings, liquidity, and price behavior

Where INJ trades: INJ is listed on major centralized exchanges and DEX aggregators CoinMarketCap, CoinGecko, Binance, Coinbase, Kraken, etc. Price and 24h volume figures differ slightly by provider. Check exchange order books for large-trade liquidity.
Recent price context (snapshot): Sources show INJ trading in the ~$5.8–$6.0 range around early Dec 2025; the all-time high remains significantly above that. Prices are volatile use live market pages for up-to-the-minute values.

Governance, treasury, and community

Governance: INJ holders govern the protocol via on-chain proposals and votes. Governance covers upgrades, parameter changes, and treasury allocations. Injective publishes proposals and results through its governance UI and forums.
Treasury & funding: The project funds development via token allocations, ecosystem grants, and partner initiatives; exact treasury balances and allocations are periodically disclosed in official blog updates and governance proposals. Check the Injective blog and governance dashboard for current budget/treasury items.

Developer experience & tooling

EVM compatibility: With the native EVM mainnet, developers can deploy EVM smart contracts using standard tools (Hardhat, Foundry), easing migration or multi-chain deployment. This lowers the friction for Ethereum devs to build on Injective.
CosmWasm support: CosmWasm compatibility lets Cosmos/CosmWasm devs deploy smart contracts natively, enabling multi-paradigm development (Wasm + EVM).
Financial primitives: Injective promotes plug-and-play financial modules (orderbooks, derivatives support, settlement primitives) to accelerate finance apps.

Security posture and audits

Injective’s core code and major upgrades are typically accompanied by audits and public announcements. For specific audit reports (which firm, scope, findings), consult the project’s docs and blog posts for the release in question; audits will differ by module and by upgrade. Always review the audit links for a release before trusting large sums.

Practical user flows (how people actually use Injective today)

Bridging assets into Injective via the official bridge (Wormhole or the Injective Bridge UI) to use DEXs and DeFi apps.
Staking INJ via wallets or staking providers to secure the chain and earn rewards; delegation through validators or custodial services.
Using EVM tooling to deploy contracts post-EVM launch, or CosmWasm for Wasm contracts depending on developer preference.

Where to monitor live / authoritative sources

Official Injective website & blog for upgrades, releases and ecosystem announcements.
Injective Bridge (bridge.injective.network) for bridging and asset flows.
Token & market pages CoinMarketCap, CoinGecko, Binance, Coinbase for live price/marketcap/volume.Docs & developer guides Injective docs (staking, tokenomics, developer references).
Dapp aggregators / TVL trackers DappRadar, DefiLlama (if they track Injective) for per-dapp usage and TVL snapshots.

Notes, caveats, and short analysis

Metrics are time-sensitive. Prices, TVL, staking ratios, and short-term on-chain metrics can change hourly. The snapshot above references sources current in early December 2025 check the live links for the latest numbers.
TVL comparability. TVL numbers vary by aggregator due to methodology differences; treat TVL as directional rather than exact unless confirmed by verifiable on-chain checks. (Academic work has highlighted TVL verifiability challenges.)
Ecosystem growth is the key signal. The recent EVM mainnet launch plus multi-VM support materially lowers developer friction and is a major catalyst for ecosystem growth watch dApp counts, liquidity, and partner integrations over the coming quarters.

@Injective
#Injective
$INJ

Snapshot (angka pasar langsung & angka pasokan)
Hingga umpan pasar terbaru, YGG diperdagangkan sekitar $0.07–$0.08 per token dengan pasokan yang beredar mendekati ~680 juta YGG dan total / pasokan maksimum 1.000.000.000 YGG; estimasi kapitalisasi pasar berada di kisaran $48M–$52M tergantung pada umpan harga. Volume harian di pelacak utama berada di kisaran $10–13M. Angka-angka langsung ini bervariasi setiap menit. CoinGecko dan CoinMarketCap memberikan umpan waktu nyata yang paling banyak digunakan.

Tokenomics & ikhtisar vesting
Total pasokan maksimum YGG adalah 1 miliar token. Data publik dan agregator tokenomics menunjukkan pasokan yang beredar sekitar 680.318.334 YGG, dengan token yang tersisa terkunci atau tunduk pada jadwal vesting untuk pendiri, investor, alokasi kas dan komunitas. Rincian alokasi yang diterbitkan di pelacak gaya tokenomist/tokeninsight menunjukkan alokasi utama untuk Komunitas (~45%), Investor (~22%), Pendiri (~15%), Kas (~13,33%), Penjualan Publik (~2,5%) dan Penasihat (~1,75%) meskipun persentase yang tepat dan jumlah yang tidak terkunci harus diperiksa dengan dokumen tokenomics kanonik YGG dan tindakan kas terbaru karena perpindahan kas di rantai dapat mengubah pasokan yang beredar secara efektif. Beberapa acara pembukaan/vesting telah dilacak di kalender pembukaan token.

Plasma is a Layer-1, EVM-compatible blockchain purpose-built for high-volume, low-cost global stablecoin payments. Its product positioning is “payment rails for stablecoins”: near-instant settlement, extremely low (often zero) transfer costs for certain stablecoins, and developer compatibility with Ethereum tooling so apps can adopt it without relearning many primitives.

Technical design and performance
Plasma is designed to prioritize payments throughput and UX over being a general-purpose playground. The chain is EVM-compatible (developers can use Hardhat/Foundry/MetaMask and other familiar tools) while using a payments-tuned consensus and architecture that aims for thousands of transactions per second and sub-second finality. The docs and product marketing emphasize stablecoin-native features such as fee-abstraction (users can pay gas in stablecoins for many flows) and zero-fee transfers for specific stablecoins in normal transfers.

Mainnet status, liquidity and TVL
Plasma launched its mainnet beta in late September 2025 and reported extremely rapid liquidity adoption at launch: media and partner statements cite $2B+ in stablecoin liquidity on mainnet beta and very large bridged TVL figures reported by chain trackers. DefiLlama and other aggregators show multi-billion dollar TVL metrics for the chain (including bridged and native TVL), reflecting significant stablecoin deposits early in the chain’s lifecycle.

Native token (XPL) and tokenomics
Plasma’s native utility/governance token is XPL. According to Plasma’s tokenomics page and widely-used market trackers, the initial supply at mainnet beta was set at 10,000,000,000 XPL, with an initial circulating supply in the ballpark of ~1.8–2.0 billion XPL around launch, and token distribution/vesting schedules published in the tokenomics docs. Market sites (CoinMarketCap, CoinGecko, etc.) list live price, circulating supply, and market cap metrics for XPL.

Key partnerships, integrations and ecosystem products
Plasma has rapidly announced or been reported to have multiple ecosystem integrations and partnerships that target payments and compliance:

• Compliance & analytics: Elliptic announced a partnership to provide on-chain compliance tooling for Plasma, helping make the chain palatable to regulated businesses and custodians.

• Wallets & custodians: Major wallets (e.g., Trust Wallet) announced Plasma integrations to enable users to send/receive stablecoins on Plasma with near-zero fees and instant settlement. Exchange and wallet listings are appearing on major platforms and trackers.

• Exchanges & custody: Listings and token support for XPL have shown up on major market sites (CoinMarketCap, CoinGecko) and exchanges; some centralized exchange products (earnings/earn products) were used as liquidity drivers at launch.

• Product verticals: Plasma has consumer-facing products such as Plasma One, a neobank-style product with a Visa card issued via a partner (Signify/issuer) that lets users spend stablecoins offchain/onchain via familiar rails. The chain also targets remittance apps, merchant rails, payroll, and machine-to-machine micropayments.

Funding & backers
Plasma raised institutional capital before or during mainnet development. Reporting cites a Series A of about $20M led by investors such as Framework Ventures and involvement/interest from industry actors including Bitfinex/Tether personnel and other institutional backers. Those funding and backing signals were widely covered in industry outlets.

Real-world traction and UX innovations
Plasma’s main UX/market innovations focus on making blockchain payments invisible and frictionless: enabling gas payments in stablecoins, zero-fee transfers for common stablecoins (USDT in particular is repeatedly called out), and integrations that remove the need for users to manage native gas tokens. That design directly targets remittances, merchant settlement, creator micropayments, and consumer wallet flows — i.e., places where low cost and instant settlement matter. Early adoption patterns and campaigns (including pre-deposit/bridge mechanisms tied to token sales and exchange products) produced large liquidity inflows quickly.

Ecosystem metrics (what trackers show)
Chain aggregators and market trackers list Plasma metrics such as stablecoin market cap on chain, TVL (bridged + native), chain fees and revenues, DEX volumes, and XPL price/market cap. Examples: DefiLlama’s Plasma page with TVL breakdown and CoinMarketCap/CoinGecko XPL price pages. These trackers are useful for monitoring daily changes in TVL, on-chain stablecoin dominance, and revenue. (If you want, I can snapshot the exact numbers from DefiLlama/CoinGecko/CoinMarketCap right now and paste them in one place.)

Security, decentralization, and governance
Plasma markets itself as “institutional-grade security” while also signalling a roadmap to decentralize validator control over time. The chain documentation and interviews with leadership describe a validator/consensus model (sometimes described in docs as PlasmaBFT or similar) tuned for finality and throughput; at launch the governance/validator set has a degree of centralization typical of new chains that plan staged decentralization. The team has emphasised rapid decentralization as a stated goal.

Regulatory posture and compliance
Because Plasma targets payments and stablecoins (areas of high regulatory attention), the team has built compliance into the pitch: partnering with analytics/compliance firms (Elliptic) and structuring integrations to make custody/on-off-ramp providers, card networks, and enterprises comfortable with pilot use. That positioning reduces a key adoption barrier, though regulatory outcomes will continue to be an external risk factor.

Recent notable press and commentary
Industry outlets and major exchanges have run feature pieces and interviews about Plasma in October–November 2025: Binance research/features, The Block and The Defiant coverage of the $2B launch liquidity and XPL token, and multiple wallet/exchange posts about integrations and support. These signal broad industry interest and fast ecosystem momentum in the weeks after mainnet beta.

Current risks and open questions
Plasma’s proposition is powerful but depends on a few fragile elements:

• Stablecoin concentration and custodial risk: large flows of stablecoins onto a single chain create concentration and custodial/bridge risk; users and institutions will watch how custody and bridging are controlled and insured.

• Regulatory actions: stablecoins and payment rails are topic of active regulation globally; outcomes (U.S., EU, other major markets) will affect institutional access and partnerships.

• Centralization during early stages: early validator/operator concentration is common for new L1s. The roadmap to decentralize and the pace of that change matter for long-term trust.

• Competition: incumbent payment-oriented chains (Tron historically for USDT flows, and Ethereum L2s) and other payment L1s will react; network effects around liquidity and wallet integrations determine long-term winners.

Where to look next (live sources)
If you want a single snapshot that you can keep refreshing, these pages are the best live sources:
• Plasma official site & docs (specs, tokenomics, developer guides).

• DefiLlama Plasma page (TVL, stablecoin Mcap, fees).

• CoinMarketCap / CoinGecko (XPL price, circulating supply).

• Elliptic / press articles and TheBlock / Axios coverage for compliance and funding context.

Short conclusion
Plasma has executed a classic “vertical focus” go-to-market: build a chain for one high-value, high-frequency use case (stablecoin payments), remove UX pain points (fee abstraction, near-instant settlement), and push integrations with wallets, custodians, and compliance firms so mainstream apps can adopt it with minimal friction. The chain’s mainnet launch, reported $2B+ liquidity at launch, and rapid wallet/exchange/analytics integrations are the major public milestones that support the claim that Plasma is quickly becoming a practical payments rail for stablecoins. Continued attention should focus on TVL/bridged liquidity trends, XPL circulating supply/market metrics, validator decentralization progress, and regulatory developments.

@Plasma
#Plasma
$XPL

Snapshot core facts (most load-bearing items)

Project tagline / purpose: “The blockchain built for finance” a Cosmos-SDK Layer-1 focused on DeFi primitives, modular developer modules, and cross-chain interoperability.
Mainnet canonical launch: November 8, 2021 (Injective’s canonical mainnet release).
Consensus / stack: Cosmos SDK + Tendermint (BFT PoS) with MultiVM capability (native EVM integration / MultiVM Token Standard).
Native token (INJ): Total supply = 100,000,000 INJ (documented supply / circulating ≈ 99.97M per market trackers). INJ is used for staking, governance, and protocol security, and Injective published an INJ tokenomics paper (INJ 3.0 / deflationary mechanisms).
TVL & chain activity (live snapshots): DefiLlama shows Injective’s chain TVL and operational metrics (TVL, DEX volumes, chain fees) use these dashboards for real-time monitoring.

Architecture & technical capabilities (detailed)

Injective’s architecture is purpose-built for on-chain finance:

Cosmos SDK foundation + Tendermint consensus yields short block times, BFT finality, and the modular application layer common across Cosmos ecosystems. This underpins low-latency finality and predictable behavior for financial dApps.
MultiVM / native EVM integration (MultiVM Token Standard) Injective supports EVM smart contracts that interoperate with native modules (exchange, staking, governance). The MultiVM Token Standard (MTS) enables EVM contracts to reflect operations on native modules, smoothing cross-environment composability.
Prebuilt “plug-and-play” modules for order books, derivatives, DEX primitives, and token modules designed to shorten developer time-to-market for finance apps. Docs and dev SDKs are published in the official docs and GitHub.
Bridges & cross-chain Injective operates an official bridge (bridge.injective.network) and integrates with external bridge systems such as Wormhole; Injective’s “Ionic” Bridge upgrade aimed to unify one-click bridging across major chains (Ethereum, Solana, Cosmos). That enables bringing liquidity and assets onto Injective from other ecosystems.

Tokenomics & governance (detailed)

INJ total supply & circulating: total supply is 100,000,000 INJ; circulating supply trackers show ~99.97M in circulation. Market aggregators (CoinGecko / CoinMarketCap / Tokenomist) and Injective’s tokenomics paper provide details on allocations and mechanics.
INJ utilities: staking to secure the network, governance voting, paying protocol fees, and participation in security services (e.g., securing rollups and Electro Chains). The team has released an updated tokenomics paper describing burn/deflationary mechanics (INJ 3.0).Governance: on-chain proposals and community governance exist; Injective’s docs and forums summarize active proposals and governance processes. Governance changes have been used to evolve token utility and supply mechanics.

Ecosystem metrics & health

TVL and volumes: DefiLlama aggregates Injective chain metrics (TVL, DEX volumes, perps/spot activity, bridged TVL). These dashboards show real economic usage (not just price action) and are the best place to pull live numbers. At the time of fetch, DefiLlama shows canonical TVL and DEX volumes for Injective.
Market data: INJ price, market cap, 24h volume, and FDV available from CoinGecko / CoinMarketCap and large exchanges (Binance). These sites list circulating supply, market cap, and exchange pairs. (Example: CoinGecko and CoinMarketCap snapshots used above).
Development activity: GitHub (InjectiveLabs / InjectiveFoundation) shows active repos, releases, and commits. Recent repository activity and release artifacts (injective-core, injective-chain) indicate active engineering and release cadence.

Bridges, integrations & liquidity rails

Official Injective Bridge (bridge.injective.network) supports bridging assets from Ethereum, Solana, Polygon, Cosmos/IBC, and other chains; used together with Wormhole for wider connectivity. The Ionic upgrade aimed to improve the bridge UX and unify bridging.
Wormhole integration documented how-to guides (Injective blog) explain bridging assets (e.g., SOL → INJ) via Wormhole. This provides fast onramps for Solana and other ecosystems.

Recent upgrades, announcements & notable items (2024–2025)

INJ Tokenomics update Injective published a tokenomics paper describing INJ 3.0 and deflationary/burn mechanics (publication and blog posts referenced). This is a key economic update shaping long-term supply dynamics.
Bridge & Ionic upgrade (Mar 2024) introduced next-gen Injective Bridge to improve unified bridging across major chains.
Native EVM / MultiVM developments (2025) docs and blog content show Injective moving to stronger native EVM support (MultiVM Token Standard and EVM integration), improving developer ergonomics for EVM tooling while retaining native Cosmos module benefits. Injective blog posts and docs (2024–2025) cover these upgrades.
Recent press / partnerships Injective’s blog shows institutional/infra news (examples include institutional validators and ecosystem partnerships). For full list of newest press items consult the Injective blog

Ecosystem projects and use-cases

Injective hosts DEXs, derivatives platforms, AMMs, and other finance primitives. Notable ecosystem projects (examples from ecosystem overviews and aggregator pages) include decentralized exchanges and tokenization projects; DeFiLlama and ecosystem posts list top apps and TVL contributions. For a current roster of apps, check the Injective Hub and DeFi aggregators

Developer resources & how to get started

Documentation: docs.injective.network developer guides, SDKs, RPC / REST endpoints, module docs, and MTS/EVM docs.
GitHub: InjectiveLabs & InjectiveFoundation repos core node code, SDKs, client libraries, and release binaries. Useful repos: injective-core, injective-chain-releases, injective-ts.
Bridging & onboarding: bridge.injective.network and blog guides for Wormhole bridging.

Risks, audit & security postur

Audits & security: Injective documents audits and security programs in docs/blog posts; bridge upgrades and core releases are typically accompanied by security notes. Always verify the latest audit reports on the project site or GitHub.
Cross-chain risk: bridging integrations (Wormhole and others) introduce smart-contract and bridge risk; Ionic and bridge upgrades aim to reduce UX friction, but bridging always carries additional risk vectors. See bridge docs and audit reports before moving large amounts.

Live tracking & where to watch for updates (quicklinks)

(These are the best places to check for live numbers and official releases.)

Injective official site & blog product launches, official announcements.
Injective docs technical references, MTS, RPC, dev guides.
DefiLlama chain TVL, DEX volumes, bridged TVL.
CoinGecko / CoinMarketCap / Binance price, market cap, circulating supply.
GitHub (InjectiveLabs / InjectiveFoundation) code, releases, activity.

Quick numerical summary (as of checked sources)

Mainnet canonical launch: Nov 8, 2021.Total INJ supply: 100,000,000 INJ; circulating ≈ 99.97M per market trackers.
TVL & DEX volumes: live values tracked on DeFiLlama (refer to DeFiLlama for exact USD figures at time of view).
Architecture: Cosmos SDK + Tendermint consensus, MultiVM (native EVM integration).

What I could not (responsibly) do in this single pass

Provide a second-by-second live price or TVL snapshot those figures change minute-to-minute; I linked the canonical dashboards (CoinGecko, CoinMarketCap, DeFiLlama) so you can pull live values at the moment you need them.

@Injective
#Injective
$INJ

Di bawah ini adalah snapshot terkumpul dan terperinci dari Plasma (blockchain Layer-1, kompatibel dengan EVM, berorientasi stablecoin) berdasarkan sumber publik terbaru. Saya mencakup apa itu Plasma, bagaimana cara kerjanya, tokenomics, metrik peluncuran/adopsi, kemitraan, dukungan pengembang & dompet, keamanan/audit, pendanaan dan investor, peta jalan/pengumuman, kasus penggunaan dunia nyata, dan risiko yang tersisa. Saya mencantumkan sumber utama setelah klaim yang paling penting sehingga Anda dapat memverifikasi aslinya.

Ringkasan eksekutif

Plasma adalah blockchain Layer-1 yang dibangun khusus untuk pembayaran stablecoin dengan volume tinggi dan biaya rendah. Ini meluncurkan beta mainnet pada September 2025, memperkenalkan konsensus PlasmaBFT yang dioptimalkan untuk pembayaran (finalitas sub-detik, throughput tinggi), mendukung transfer USD₮ tanpa biaya (dan stablecoin lainnya) melalui model gas/biaya kustom, dan sepenuhnya kompatibel dengan EVM sehingga alat Ethereum (Hardhat, Foundry, MetaMask) bekerja dengan perubahan minimal. Jaringan ini juga memperkenalkan token asli XPL yang digunakan untuk staking, tata kelola, dan insentif jaringan. Laporan cakupan industri utama melaporkan likuiditas/TVL awal dalam miliaran saat peluncuran mainnet dan beberapa listing bursa serta integrasi ekosistem mengikuti dengan cepat.

Injective adalah blockchain Layer-1 yang dibangun khusus untuk keuangan Web3: throughput tinggi, biaya rendah, finalitas sub-detik untuk banyak operasi, kompatibilitas lintas rantai (integrasi Cosmos / Ethereum / Solana), dan alat pengembang modular yang berorientasi pada perdagangan, derivatif, dan primitif keuangan. Token aslinya INJ mengamankan rantai melalui staking, membayar biaya, dan memberdayakan pemerintahan.

Snapshot pasar saat ini (ringkasan data langsung)
Per 4 Desember 2025, INJ diperdagangkan sekitar $6,00 per token dengan kapitalisasi pasar di kisaran ~$595–610M dan volume 24 jam dalam puluhan juta dolar. Pasokan yang beredar pada dasarnya adalah seluruh penerbitan awal sebesar ≈100 juta INJ (total pasokan = 100M). Angka harga dan kapitalisasi pasar bervariasi sedikit di antara vendor data (CoinMarketCap, CoinGecko, Binance/TradingView) tetapi semua menunjukkan urutan besaran yang sama.

Berikut adalah dokumen yang disusun dengan cermat, terkini, dan bersumber tentang Yield Guild Games (YGG) siapa mereka, bagaimana DAO beroperasi, tokenomik dan pasar, langkah produk dan perbendaharaan terbaru di 2024–2025, aktivitas ekosistem (Vaults, SubDAOs, beasiswa, YGG Play), tata kelola, risiko, dan di mana untuk memverifikasi metrik langsung. Saya menarik dokumen resmi, situs proyek, pelacak pasar, outlet penelitian, dan beberapa berita/analisis sehingga Anda dapat mengikuti setiap klaim.

Ringkasan eksekutif (tingkat tinggi)
Yield Guild Games (YGG) adalah organisasi otonom terdesentralisasi dan guild permainan yang berinvestasi dalam NFT, mendanai beasiswa pemain, dan membangun ekosistem SubDAO, alat, dan penerbitan untuk mengembangkan permainan blockchain. Model YGG mengumpulkan modal untuk membeli aset dalam permainan, menyewakan atau memberikan akses kepada pemain (program beasiswa), dan membagikan pendapatan dengan pemangku kepentingan sambil menjalankan tata kelola melalui token YGG. Proyek ini didirikan bersama oleh Gabby Dizon dan Beryl Li (dengan kolaborator awal yang dikenal dengan nama samaran “Burung Hantu Kelembapan”) dan menelusuri akarnya ke aktivitas komunitas 2018–2020 yang matang menjadi DAO dan peluncuran token.

Plasma sedang melangkah maju pada saat ketika blockchain tidak lagi menjadi batasan yang aneh dan spekulatif tetapi teknologi yang tenang yang membentuk perilaku digital sehari-hari. Apa yang sebelumnya menjadi milik para pedagang, pengembang, dan pengambil risiko kini menjadi bagian dari dunia biasa yang sederhana, cepat, terjangkau, dan tidak terlihat. Pergeseran ini menandai awal dari era di mana blockchain menyatu secara alami ke dalam kehidupan rutin, beroperasi di latar belakang seperti listrik, Wi-Fi, atau penyimpanan awan. Plasma berdiri di pusat transformasi ini, menunjukkan bagaimana teknologi yang dulunya dibungkus dalam kompleksitas dapat berubah menjadi sesuatu yang normal, dapat dipercaya, dan dapat diakses oleh semua orang.

Injective tidak lagi sekadar nama yang terkait dengan keuangan berkecepatan tinggi atau inovasi yang berasal dari kripto. Saat ini, ia berada di pusat pergeseran yang tenang namun kuat: transformasi blockchain dari kegilaan yang rumit dan spekulatif menjadi fondasi digital sehari-hari yang dengan alami diinteraksikan oleh orang biasa, sering kali tanpa menyadarinya. Momen ini menandai awal era baru yang disebut era eraan di mana blockchain menjadi tidak terlihat, stabil, berguna, dan terjalin dalam kehidupan sehari-hari.

Selama bertahun-tahun, teknologi blockchain membawa aura misteri. Ia terasa menakutkan, dipenuhi dengan terminologi yang aneh, pasar yang tidak stabil, dan alat yang tampaknya hanya dibangun untuk pengembang atau trader. Namun inovasi tidak akan tinggal lama dalam bayang-bayang. Sama seperti internet awal yang berevolusi dari perintah jaringan yang kompleks menjadi kesederhanaan aplikasi sosial dan penelusuran seluler, blockchain sedang mengalami evolusi sendiri. Injective membantu memimpin pergeseran ini dengan menunjukkan kepada dunia bahwa blockchain dapat cukup cepat, cukup murah, dan cukup sederhana untuk berbaur dengan mulus ke dalam rutinitas perilaku digital sehari-hari.