#6 of 25 · Injective
Is INJ deflationary?
Growing · +4.0% provisional supply next year
INJ supply is expected to grow over the next twelve months (+4.0% provisional). That figure is a provisional estimate from a live protocol model with 4 inputs over 90 days, which needs 90 days of history to be measured. Under its auction and community buyback burn program, tokens are permanently destroyed, funded by exchange fees and committed community funds. No scheduled token releases are known for the next twelve months. Beneat Supply Watch ranks INJ #6 of 25 with an overall supply score of 80 out of 100, as of Sep 6, 2026.
Supply score
80 / 100
Key figures
Supply next year
+4.0% provisional
Tokens unlocking, 12 months
None known
Circulating
100.0%
Market cap
$510M
Supply direction score
54
Release pressure score
100
Program strength
96
Track record
95
Scores are 0–100 research shortcuts, not price forecasts. Sources: strong. Data as of Sep 6, 2026.
Supply history
Daily observed effective supply from the approved protocol adapter. Scheduled releases are shown separately below.
Upcoming releases
The published release schedule is complete. The capped reference supply is fully circulating; verified burns reduce total supply.
No calculable INJ release is published for the coming months.
How INJ supply changes
Paid for by
Exchange fees and committed community funds
What happens
Auction and community buyback burn
Where tokens go
Permanently burned
A share of exchange fees and community buyback contributions purchase INJ that is destroyed onchain.
Questions people ask about INJ supply
- Is INJ deflationary?
- INJ supply is expected to grow over the next twelve months (+4.0% provisional). That figure is a provisional estimate from a live protocol model with 4 inputs over 90 days, which needs 90 days of history to be measured. Under its auction and community buyback burn program, tokens are permanently destroyed, funded by exchange fees and committed community funds. No scheduled token releases are known for the next twelve months. Beneat Supply Watch ranks INJ #6 of 25 with an overall supply score of 80 out of 100, as of Sep 6, 2026.
- When is the next INJ unlock?
- No dated INJ release is published for the coming months: the published release schedule is complete. The capped reference supply is fully circulating; verified burns reduce total supply.
- How much INJ is in circulation?
- 100.0M INJ is in circulation, about 100.0% of the 100.0M reference supply, with a market cap of $510M. Release progress is 5 of 5; expected completion: Complete.
- How does INJ supply change?
- A share of exchange fees and community buyback contributions purchase INJ that is destroyed onchain. Program: Auction and community buyback burn. Paid for by exchange fees and committed community funds. Destination: permanently burned.
- How reliable is this data?
- INJ has strong sources: 2 cited documents, last checked Sep 6, 2026. Reconciliation against the published plan is "matched". Observed circulating supply is compared with calculable scheduled releases; opaque and dynamic flows remain outside the expectation.
Sources
- CoinGecko · Market and circulating-supply snapshot ↗2026-09-06
- Injective · INJ auction and fee burn ↗2026-09-01
Reconciliation: matched. Observed circulating supply is compared with calculable scheduled releases; opaque and dynamic flows remain outside the expectation. Machine-readable data: /api/screener/deflationary and calendar for INJ.
Compare with
All 25 tokens on Beneat Supply Watch · How Supply Watch compares with other tools
Research only. Not investment advice. Beneat Supply Watch does not forecast prices.