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Initia (INIT) USD Price
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About Initia
Initia Price Data
Initia (INIT) currently has a price of $0.050 and is down -0.54% over the last 24 hours. The cryptocurrency is ranked 1124 with a market cap of $10.2M. Over the last 24 hours, it saw $1.4M of trading volume. The token has a circulating supply of 204.4M tokens out of a total supply of 1B tokens.
Initia (INIT) is a Cosmos‑SDK Layer‑1 that bundles its own opinionated roll‑up framework, letting teams spin up application‑specific chains that stay “interwoven” for liquidity and message passing. INIT is the network’s native token: it pays gas on both the base chain and connected roll‑ups, is staked to secure validators, and carries on‑chain governance weight. Emissions and ecosystem rewards fund liquidity and developer incentives, while low block‑times (~500 ms) and ~10 K TPS aim to suit gaming, DeFi, and cross‑chain dApps.
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