Initia Price Data
Initia (INIT)
currently has a price of
$0.11
and is
up
9.15%
over the last 24 hours. The cryptocurrency is ranked
968
with a market cap of
$22.2M.
Over the last 24 hours, it saw
$6M
of trading volume. The token has a circulating supply of
207.8M
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.
