Injective, a DeFi-focused Layer-1 blockchain, has proposed a governance change to set fixed gas fees for specific exchange actions like order placements and cancellations. This change aims to make transaction costs predictable for traders, especially benefiting high-frequency traders and market makers by allowing them to model fees as a fixed expense. The fixed gas fees are already tested on Injective's testnet but require a governance vote before implementation on the mainnet. Current fees are very low, around $0.0003 per transaction, and the proposal maintains spam protection by keeping minimum gas prices in place.
Injective's proposal for fixed gas fees comes as the token shows strong market activity. On Pluang, INJ trades at Rp146.751 with a notable 7.15% gain in the last day as of Oct 14, 2026 03:28 WIB. The market cap stands at Rp14.74 trillion, and trading volume is robust at Rp3.27 trillion, reflecting active investor interest despite a near-even split in buy and sell orders.
Injective's governance Proposal 709 aims to enable fixed gas requirements for selected exchange-module messages, such as order placements and cancellations, to make transaction fee estimation more predictable for integrators and market makers. This f...
Injective has added Gulf Labs, the blockchain arm of Thailand's GULF Group, as an institutional validator by bonding around 500,000 INJ tokens. This partnership enhances Injective's presence in Asia, connecting it to key Thai sectors like energy, tel...
Raydium has introduced staking for the INJ token on the Solana blockchain, enhancing liquidity and participation within Solana's decentralized ecosystem. Since INJ became a Solana SPL token in September 2026, this move integrates INJ more deeply into...
Injective (INJ) surged 10% amid increased buying pressure and notable exchange outflows, signaling renewed trader interest. Positive funding rates and rising open interest indicate bullish positioning, while ongoing ETF applications and an updated wh...
Injective (INJ) saw an 8.14% gain over 24 hours before pulling back from $7.91 to $7.65, remaining below the key resistance at $8.02. Market indicators showed mixed signals, with a balanced buy/sell ratio and nearly even long and short positions amon...
