Injective Challenges Ethereum's Dominance in DeFi Space
DeFi, short for decentralized finance, has its roots on Ethereum, but other platforms are now emerging to offer improved infrastructure. According to a recent post on OKX, Injective is one such platform that focuses on fast and composable DeFi.
The article highlights the key advantage of Injective: its ability to provide better infrastructure for trading and DeFi applications. It argues that if trading is core to crypto, then having better infrastructure will ultimately prevail.
However, there are risks associated with competing with established ecosystems like Ethereum. The post notes that liquidity is 'sticky', meaning it can be difficult to transition from one platform to another.