The Injective team announced via X on Friday that it has integrated with Band Protocol, a secure, scalable cross-chain decentralized Oracle. Band Protocol has seamlessly integrated with Injective's inEVM, enhancing the platform with secure and reliable data feeds.
The integration enables Band oracles to supply various data types crucial for DeFi, derivatives, and other applications directly on the inEVM. By providing these accurate and timely data feeds, Band Protocol significantly boosts the capabilities of Injective's ecosystem, the team added.
Injective is an open, interoperable layer-one blockchain for building powerful DeFi applications. Injective uniquely provides plug-and-play financial infrastructure primitives, such as a high-performance on-chain decentralized exchange infrastructure, decentralized bridges, oracles, and a composable smart contract layer with CosmWasm. INJ is trading at $25.15, up by 1% in the last 24 hours.