⏪ It’s time to go behind the scenes of #Collabathon2024 with our official recap video. 📹 Check out how our all-star team came together to build Helios Connect in only 10 days, with key insights about this first-of-its-kind event. 🛠️ Built better, together! 👀👇🏼

BOOM. Just like that, 39,000 $INJ has been permanently removed from INJ total supply 🔥 Rewards from this month's record Community BuyBack can be claimed from the Injective Hub. We'll be back next month, ninjas!

What Injective shipped this month: ➤ Vulcan, one of the most significant upgrades in Injective's history, went live, advancing Injective as the foundational settlement layer for RWAs, perpetuals and stablecoins. ➤ Native $USDC went live, the first multiVM stablecoin issuance by @circle ➤ Injective MCP launched, letting AI agents open and close perps, send and bridge tokens, and pull live market data in plain language. ➤ Injective became the largest tokenized RWA issuer for real estate assets ➤ A next-generation oracle engine cut oracle gas usage by 90% ➤ Unified oracle access: a new oracle precompile makes canonical Injective price data available directly to EVM smart contracts. ➤ New active onchain user milestone with over 91,000 daily actives ➤ INJ went live across America on @binance, with staking now open for US users. ➤ Injective became one of the top blockchains by onchain revenue ➤ The Injective Policy Institute launched in Washington, DC to shape onchain finance policy in the US. ➤ The Injective Nova Program went live with @Microsoft and Web3 Labs. ➤ Nansen became a validator on Injective and brought its full analytics suite onchain. ➤ The largest $INJ Community BuyBack yet And much more.

The Injective Vulcan Mainnet Upgrade is officially live! Vulcan brings the most performant blockchain to market, tailor-made for perpetuals, tokenization, and stablecoins. Accelerate 🥷

U.S. Congresspeople and government officials are working hand in hand with Injective to expand access to crypto in America. Probably nothing.

ICYMI: 3 sitting members of Congress are speaking at the Injective Summit. All in one room with the builders taking finance onchain. 2026 is shaping up to be one of the most consequential in Injective's history with regulatory frameworks coming into focus. More to come. 🥷

The Vulcan upgrade will change the game for Injective. You will very soon realize why as new integrations, dApps, institutions and partners onboard to the network, Welcome to the big leagues.

NEW: The Injective Vulcan Mainnet upgrade proposal is now live. Our biggest step yet to be the foundational layer for perpetuals, stablecoins & tokenization. 🔮 Next-gen oracle engine 🔵 Canonical USDC 🏛️ New RWA markets ⚡ Lowest fees in crypto All $INJ stakers can vote now.

OFFICIAL NOTICE FROM INJECTIVE Today the @CFTC approved the first perpetual contract to list on a registered U.S. exchange. This is a major turning point for the entire industry. Perpetuals are the most actively traded instruments in crypto, and American participants can finally reach them inside a regulated venue instead of being pushed offshore. For most of the past decade, the rules sent this market overseas, and liquidity, talent, and builders went with it. Millions of Americans today are being left out of the most important asset class of our lifetimes. Treating perpetuals as a serious financial instrument is the first step toward bringing that activity home. Injective worked to pioneer decentralized perpetuals and has settled perpetual markets onchain since 2021, powering more than $70 billion in volume through a fully onchain orderbook that anyone can verify in real time. We laid the groundwork, and we continue to push for more innovation across crypto and for perpetuals to be recognized as a core financial primitive that benefits not just America but the world. We look forward to engaging further with the Commission as this framework develops and to bringing crypto innovation back onto American shores. Made in America. Made for innovation. Made for progress 🇺🇸

🏡 Tokenized real estate & mortgages · $1.3B Leading asset: $PAPL0 Leading issuer: @PAPLpineapple Leading chain: @injective

Injective helped pioneer onchain derivatives, perpetuals, and decentralized financial infrastructure. With the newly unveiled Injective Policy Institute, we will work directly with the government to shape a clear framework for onchain finance to thrive in the United States 🇺🇸

Tokenized U.S. Treasuries have become the anchor of onchain finance. The category now holds roughly $15 billion, close to half of all distributed RWA value, according to Binance Research as of May 14. That base is built on the largest names in asset management. BlackRock's $BUIDL, Circle's $USYC, and Franklin Templeton's $BENJI all settle onchain today. A year ago the category sat near $5 billion. The shift reflects institutional capital choosing programmable settlement over legacy rails. Injective added native $USDC in May, a regulated dollar backed by short-term Treasuries, giving its RWA markets a settlement asset built with the most regulated stablecoin in the world. Today Injective offers access to Pre-IPO assets, commodities, stocks and more through one unified liquidity layer built for finance. Onchain Treasuries have moved from experiment to infrastructure as Injective continues to bring every major asset onchain before anyone else. All powered by $INJ

The CoinTelegraph x Injective Accelerator has officially wrapped up. 8 teams completed the 12-week program in partnership with @Cointelegraph, closing out with Demo Day pitches after an intensive program for Injective builders. Meet the graduates. 🧑‍🎓

💵 @injective has become a global liquidity hub with the integration of CCTP by @circle, enabling the seamless flow of $77 billion in @USDC liquidity into and through the $INJ ecosystem. 🚀 Building the future of finance.

✅ Stablecoins ✅ Payments ✅ AI Agents ✅ RWAs Injective has it all. And it’s going to accelerate like never before to bring forth the greatest onchain financial infrastructure in history. Wait and see as it all comes together⏳

This past week, Injective became home to the world's largest regulated digital dollar. ICYMI, the first U.S.-regulated $INJ futures launched, and a Microsoft-backed developer program for AI and crypto in Asia. The financial system is rebuilding itself onchain at full speed. Below are some of the top developments that happened on Injective from the past week 👇️ 🟪 Native @USDC and CCTP are officially live on Injective mainnet, plugging the fastest blockchain built for finance into $77B in stablecoin liquidity: x.com/injective/status/20523… 🟪 The first U.S. CFTC-regulated $INJ futures are officially live on @Bitnomial, with @krakenfx scooping up Bitnomial in a $550M acquisition and putting $INJ inside the same stack institutional desks already use: x.com/injective/status/20516… 🟪 Together with @Microsoft, Injective launches the Nova Program at the Hong Kong Web3 Festival, opening Azure credits, grants, and incubation to AI and crypto devs across Asia: x.com/injective/status/20510… 🟪 The new home for USDC on Injective is officially live, with sub-second finality, near-zero gas, markets, asset migration, docs, and a faucet all in one place: x.com/injective/status/20527… 📊 Key Stats 🟪 The latest $INJ Community BuyBack worth $196K filled in under 10 minutes with the most participants ever: x.com/injective/status/20520… 🌐 Ecosystem News 🟪 @SchwabNetwork hosts @ericinjective and @wavedigital_'s David Siemer to break down @Coinbase's latest earnings and the outlook for $COIN, $BTC, and crypto markets: x.com/SchwabNetwork/status/2… 🟪 @IBDinvestors features @ericinjective on how agentic AI is rebuilding finance, with Injective as the place it's happening today: x.com/injective/status/20531… 🟪 At @Consensus2026, @Bitnomial President Michael Dunn and @CanaryFunds CEO Steven McClurg point to $INJ as one of the only digital assets with U.S.-regulated futures already live and ETFs on the way: x.com/injective/status/20517… 🟪 @CattyETHcrypto names Injective in the top 10 networks by revenue over the past 30 days, with real onchain trading driving the numbers: x.com/CattyETHcrypto/status/… Onchain finance is no longer arriving. It's already here, and it lives on Injective. 🥷

Injective is one of the fastest blockchains ever built. And this year we are going to undergo major technical infrastructure upgrades to become faster than ever before. Real-time speeds across stablecoins, payments, tokenization and agentic finance. Loading ⏳

🏛️ @VaporRepublic SFT holders! 🔥 May’s $EGLD staking rewards are on the way — and we’re keeping the heat on. 📸 Snapshot is at 23:59 UTC on Thursday, 7th May, with rewards landing in your @MultiversX wallets the following day (Friday 8th)! 🔐 Don’t miss your spot.

The latest Injective mainnet upgrade is now live! This brings you the most performant chain to market with advanced onchain financial modules, new stablecoin rails for the real world economy and hyper efficient token buybacks. Much more soon.....

Regulated $INJ futures are officially live in the United States. $INJ now trades alongside $BTC, $ETH, $SOL, and $XRP with a CFTC-regulated derivatives market. The six-month runway to a potential spot $INJ ETF starts now. ⏳️ Below are some of the top developments that happened on Injective from the past week ⤵️ 🟪 The first U.S. regulated $INJ futures are officially live on @Bitnomial, a CFTC-regulated exchange. Retail access follows through Bitnomial's Botanical platform. x.com/injective/status/20444… 🟪 Kraken parent Payward officially announced a $500M acquisition of @Bitnomial. Regulated $INJ futures now sit inside @krakenfx's CFTC-licensed derivatives stack. x.com/injective/status/20451… 🟪 The @Bitnomial listing officially starts the six-month clock to spot $INJ ETF eligibility. @CanaryCapital has already filed an S-1 for a staked $INJ ETF with the Cboe. x.com/injective/status/20444… 🟪 Next Finance Tech, a Goldman Sachs-founded blockchain infrastructure firm backed by NASDAQ-listed Coincheck Group, officially joined the Injective validator set. One of Japan's largest web3 infrastructure providers now helps secure the network. x.com/injective/status/20438… 🟪 Together with @SiloFinance, risk-isolated credit markets are officially live on Injective. Each pair has its own risk parameters, oracle, and liquidation engine. The yINJ/wINJ market is first. x.com/injective/status/20436… 🟪 Injective's @AndKrypto spoke at BuidlAsia Seoul alongside Korean National Assembly Member Junseok Lee on institutional blockchain adoption. NH Investment Securities and Hanwha Asset Management were in the room. x.com/injective/status/20449… 📊 Key Stats 🟪 The April $INJ Community BuyBack removed 51K $INJ from circulation, a 4% increase over March's burn. x.com/TokenRelations/status/… 🌐 Ecosystem News 🟪 @HelixMarkets opened an OLP campaign on Injective with 30,000 $INJ in rewards and $4.8M in active liquidity. x.com/HelixMarkets/status/20… 🟪 @hydro_fi introduced $yINJ, Injective's first MultiVM-powered yield-bearing LST. First launch partner is @SiloFinance v3 Vault. x.com/hydro_fi/status/204440… Regulated $INJ futures are live. The six-month countdown is on. 🥷