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    Injective Protocol’s inEVM Nears Completion, Bridging Ethereum and Low-Fee Derivatives Trading | FinOracle

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Injective Protocol’s inEVM Nears Completion, Bridging Ethereum and Low-Fee Derivatives Trading

The development of Injective Protocol's inEVM is nearly complete, bridging the gap between the low-fee derivative platform and Ethereum, enabling cheaper trading. This advancement aims to compete with centralized exchanges and is expected to increase the number of users and transactions.

by John Darbie
Thu, Mar 7, 2024 2:47pm
in Technology
• 2 mins read
14.4k
Injective Protocol’s inEVM Nears Completion, Bridging Ethereum and Low-Fee Derivatives Trading | FinOracle

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Injective Protocol Nears Completion of inEVM, Boosting Ethereum Integration

The Injective Protocol, a decentralized exchange (DEX) platform specializing in derivatives, has made a major announcement that its Injective Ethereum Virtual Machine (inEVM) is now nearing completion, with progress reaching an impressive 98%. The inEVM is poised to play a pivotal role in bridging the gap between the highly scalable and cost-effective Injective Protocol and Ethereum, ultimately empowering traders to execute swaps with significantly reduced fees.

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