Injective Launched Options Infrastructure on Testnet
Injective launched Injective Options on testnet, adding fully collateralized calls and puts backed by native Injective USDC. The initial markets cover SICI, US500, US Tech, gold, silver and oil, while developers can use the infrastructure to build derivatives products and white-label exchanges.Refer to the official tweet by INJ:A new era of options infrastructure is coming to Injective.Just one day after launching the Super Intelligence Compute Index (), Injective is officially unveiling Injective Options, introducing an entirely new financial primitive for developers, institutions and users.… INJ InfoInjective Protocol is a decentralized exchange (DEX) protocol built on the Cosmos SDK, offering advanced cross-chain trading capabilities.Key features of Injective Protocol include:1. Decentralization: On the Injective platform, users have full control over their funds, with no third-party intervention.2. Cross-chain trading: Injective supports trading between different blockchains, providing users with a wide range of tradable assets.3. High performance: Injective utilizes the Tendermint consensus system, ensuring high throughput and low transaction latency.4. Gas-free transactions: Users can trade without the need to pay gas fees.INJ is the native token of Injective Protocol. The token is used for protocol governance, staking, and participation in voting processes that address key protocol upgrades and management decisions.