Injective’s $96.8M Daily Derivatives Volume Overshadows DEX Metrics and TVL Growth
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jun 05 2025Injective Protocol's Performance: Injective's daily perpetual trading volume reached $96.8 million, indicating strong derivatives activity despite a total value locked (TVL) of only $26.3 million, showcasing a focus on performance over liquidity.
Market Dynamics and User Growth: The Helix Spot DEX leads with $40.15 million in monthly volume, while wallet growth remains steady with 4,496 new wallets added in 75 days, reflecting ongoing user engagement amid price volatility.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
