Derivatives Exchange Injective Pro Launches Bored Ape NFT Floor Price Perpetuals

Did you know that the cheapest Bored Ape Yacht Club NFT is at around 152 ETH which translates to roughly $429,000?  The launch of Otherdeeds metaverse seems to have triggered the Bored Ape NFT price hike which is now its floor price.   According to NFT Price Floor, The Bored Ape NFT is considerably the highest […]

The non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC) has seen its floor value jump to 152 ether ($430K) for the cheapest Bored Ape NFT. Since September 1, 2021, the floor value of the BAYC NFT collection jumped from 25 ether ($70K) to today’s 152 ether, climbing more than 500% in value over the last seven months. Bored Ape Yacht Club Floor Price Jumps to 152 Ether On Friday, April 29, 2022, the Bored Ape Yacht Club non-fungible token (NFT) collection has seen its floor value touch an all-time high. According to statistics stemming from the NFT....

Injective Protocol has announced that it will expand its partnership with Band Protocol. As such, it will operate a validator node for BandChain. In exchange, Band Protocol will begin participating in Equinox Staking, according to an official post. This is part of Injective Protocol’s testnet preparations for its upcoming mainnet deployment. Injective is a second […]

“Users will soon find Wormhole integrated into the backend of the Injective Bridge whereby transferring assets from distinct EVM chains or Solana can be done with the click of a button,” Injective Labs stated. Decentralized finance (DeFi) protocol Injective (INJ) has partnered with Wormhole to integrate “10 new blockchains” to its network. Injective is a Cosmos layer-2 decentralized exchange (DEX) that offers derivatives, token swaps and sports betting prediction markets. It is also focused on interoperability via cross-chain bridging, and currently supports digital assets from Ethereum,....

Two new synthetic asset and derivatives platforms look to take a slice of Synthetix’s pie. Synthetic assets, one of the most promising use cases for decentralized finance (DeFi), is becoming an increasingly competitive landscape as two new projects aim to bring scalability and new markets to traders. On Friday, decentralized derivatives exchange Injective Protocol began a push into synthetic assets with the launch of a 24/7 synthetic gold market on their Solstice layer-2 testnet. “It's fairly interesting to explore gold for the first commodity futures on Injective because Bitcoin and Gold....