injective is a blockchain for trading apps, and inj is its token. in october 12-18, perps volume on the chain rose 6.8% to $371.8m, spot dex volume fell 8.7% and stablecoin supply rose 10.1% to $17.0m. each month, injective's community buyback burns the inj that holders commit, in return for a share of pooled app revenue. so more trading can mean bigger burns, but only if it adds revenue, and that is not measured yet.
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