Injective RWA perpetual markets hit $215M volume
Injective (INJ)
Editor:
Eugene Serbin
According to cryptocurrency.com.tr, Injective’s RWA perpetual markets generated $215M in volume over a 30-day period. This growth highlights a shift towards 24/7 synthetic trading, which is challenging traditional market structures. The report notes that these developments position Injective as a key player in the evolving landscape of continuous asset trading.
How the market reacted
Whalio's own Binance spot order flow for INJ, measured when this story was written up on 16 September 2026. Not the outlet's figures.
On Binance spot, INJ is trading at $5.46 with a 24-hour volume of $11,557,546. The 1-hour buy ratio is 41.0% against a 4-hour ratio of 52.1%, while the 24-hour ratio sits at 43.1%. Volume delta shows -$65,772 in the last hour but +$55,815 over four hours, indicating a short-term shift from selling to buying pressure. CVD for the 24-hour close is -$1,704,015, meaning net selling has dominated the full day despite recent intraday buying.
The latest daily buy ratio of 53.4% sits at the 91st percentile of the last 322 days, against a median of 49.8% - among the strongest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for INJ, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 52.2%, compared to today's 43.1% 24-hour ratio, showing a 9.1 point drop in buying intensity. Volume was 1.03x the average, but the price dropped 15.1% over eight days. This marks an unusual day for the coin, with significantly lower buying pressure than the weekly norm despite slightly higher volume.