Injective (INJ) Perpetual Futures

Live Injective perpetual-futures data — price, funding rate, open interest, trader positioning and 24-hour liquidations, aggregated across major exchanges. Injective is a high-beta DeFi/derivatives token with active perp markets.

Injective perpetual futures, explained

A INJ perpetual future (perp) lets you trade Injective with leverage and no expiry. The funding rate keeps the perp price tethered to spot — positive funding means INJ longs are paying shorts (crowded longs), negative means the reverse. Open interest is the total value of open INJ positions; a fast rise means new leverage is flowing in. Liquidations show where over-leveraged INJ traders got force-closed — long liquidations on drops, short liquidations on rallies.

How to use this INJ dashboard

Read the four numbers together. Heavy positive funding plus lopsided long positioning and rising open interest is a crowded long setup that can unwind sharply. A spike in long liquidations often marks a local INJ bottom; a wave of short liquidations can fuel a squeeze higher. Confirm entries on the technical screener and size with the INJ liquidation calculator so leverage never puts you closer to liquidation than you intend.

INJ data aggregated across major exchanges (deepest market shown). For information only — not financial advice.