Injective Protocol is a decentralized derivatives exchange based on Ethereum. Its mission is to create a more free and inclusive financial system through decentralization. Injective is controlled by INJ token holders who can propose and vote on ideas, such as exchange parameters, instead of relying on a centralized governing body to make such governing decisions. The exchange relies on book relayers to help manage liquidity and reduce instances of stuck transactions. What’s also appealing to users is the fact that the platform has zero gas fees.