We are thrilled to announce that Injective will be listing The Graph (GRT) on the Solstice V2 Testnet! This means along with the upcoming public launch of our testnet, users will be able to trade GRT perpetual markets with up to 20x leverage.
The Graph is an indexing protocol for querying data for networks like Ethereum and IPFS, powering many applications in both DeFi and the broader Web3 ecosystem. Anyone can build and publish open APIs, called subgraphs, that applications can query using GraphQL to retrieve blockchain data. The Graph currently supports indexing data from Ethereum, IPFS and POA, with more networks coming soon.
The Graph team includes individuals from the Ethereum Foundation, OpenZeppelin, and Decentraland. Our technical team at Injective has used The Graph’s products for quite some time, so we are excited to take this next step in introducing GRT asset derivatives. This asset addition also helps to further accelerate Injective’s rapid market growth as we have to date introduced various popular assets, synthetic commodity trading, and a plethora of DeFi assets.
Injective aims to provide limitless markets for traders globally. In addition to recently introducing the world’s first yield farming derivatives, listing GRT further demonstrates our goal to bring diverse markets such as those related to yield farming well as fast growing native crypto assets to our DEX. We will continue to pursue new asset additions to Injective in order to deliver a fully decentralized trading experience that offers limitless opportunities for all.
About Injective Protocol
Injective Protocol is the first layer-2 decentralized exchange protocol that unlocks the full potential of decentralized derivatives and borderless DeFi. Injective Protocol enables fully decentralized trading without any restrictions, allowing individuals to trade on any derivative market of their choosing. Injective Protocol is backed by a prominent group of stakeholders including Pantera Capital, one of the most renowned venture capital firms in the world, and the leading cryptocurrency exchange, Binance.