Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.50% | 3.98% | 35.65% | 11.44% | 84.97% | 29.68% |
Comparison
Tokenomics
Unlock Progress
Data source: CoinGecko
Open Markets
| # | Exchange | Pair | Price | +2% depth | -2% depth | Volume (24h) | volume % |
|---|---|---|---|---|---|---|---|
| 1 | HHTXCEX | INIT/USDT | $0.08315 | $12,262 | $26,816 | $1,476,407 | 33.36% |
| 2 | BBybitCEX | INIT/USDT | $0.08305 | $45,058 | $50,958 | $536,895 | 12.13% |
| 3 | BBitgetCEX | INIT/USDT | $0.0832 | $41,803 | $77,512 | $307,447 | 6.95% |
| 4 | BBingXCEX | INIT/USDT | $0.08295 | $52,524 | $79,399 | $206,830 | 4.67% |
| 5 | BBithumbCEX | INIT/KRW | $0.08276 | $7,532 | $31,659 | $185,835 | 4.20% |
| 6 | KKrakenCEX | INIT/USD | $0.0821 | $3,731 | $32,569 | $28,241 | 0.64% |
| 7 | PPhemexCEX | INIT/USDT | $0.08315 | $3,874 | $3,489 | $27,648 | 0.62% |
| 8 | UUpbitCEX | INIT/BTC | $0.0811 | $0 | $0 | $2,899 | 0.07% |
| 9 | KKrakenCEX | INIT/EUR | $0.08349 | $526 | $1,658 | $594 | 0.01% |
| 10 | INIT/USD | $0.08252 | $715 | $12 | $173 | 0.00% |
Follow Updates
Follow Lists
People
About Initia
Initia is a modular Layer 1 in the Cosmos ecosystem integrating a rollup stack with Enshrined Liquidity so developers can launch appchains under one framework. It addresses fragmented multi-chain liquidity and the cold-start difficulty of appchains, using a proof-of-stake consensus mechanism and built-in liquidity and VIP emissions to direct value to INIT, with the rollup layer inheriting mainnet security, and developers can build appchains on its L1 that share underlying settlement and interoperability, lowering the operational burden of self-built networks and reducing cross-chain friction via unified gas and messaging., with an integrated design intended to lower the development and liquidity barriers of appchains and reduce friction in cross-chain interaction.
Initia's token release remains highly concentrated, with about 79% of supply locked or under linear vesting, and annual emissions add sustained dilution pressure, a main concern within its competitive boundary.
Initia's development timeline highlights several pivotal milestones. In February 2024, the project secured $7.5 million in seed funding led by Delphi Ventures and Hack VC, with participation from Binance Labs as its earliest and largest investor. The testnet went live in May 2024, followed by the announcement of INIT tokenomics in early 2025, detailing a 1 billion total supply with 5% allocated for airdrops. The mainnet launched on April 24, 2025, coinciding with the INIT airdrop claim opening and subsequent listing on Binance Launchpool and other major exchanges. By early May 2025, 93% of the airdrop had been claimed. The token's long-term significance was further cemented when Coinbase International introduced INIT perpetual contracts, marking institutional-grade derivatives availability. These events collectively establish Initia's foundation as a vertically integrated omnichain rollup network, with its OPinit Stack and Celestia-based DA layer positioning it for scalable, interoperable blockchain applications.
On April 28, 2026, Initia announced that investors, founders, and team members extended the token vesting cliff by one year to April 2027, saying the team will focus on application development over the next year and direct value toward INIT, pushing back near-term sell pressure.
But unlock overhang remains: about 792 million INIT (nearly 79% of supply) is still locked or under linear vesting, on top of annual emissions of roughly 5% from Enshrined Liquidity and 7% from VIP, keeping dilution concerns alive.
Ecosystem metrics weakened: unique active addresses fell about 79% from Q4 2025 to Q1 2026; INIT hit a 52-week low of $0.0474 on July 29, 2026, traded around $0.074 in mid-September, with a market cap of only about $15 million.
On October 19, 2026, with Circle due to end clearing and redemption support for native USDC on Noble on January 12, 2027, Initia moved its stablecoin hub to Injective. Initia Labs deployed a dedicated automated redemption vault so existing USDC.n keeps circulating across the mainnet and its rollups, new inflows mint as USDC.inj, and outbound cross-chain transfers are redeemed automatically by the vault.
In the first half of 2026, Initia advanced the Reactor+ architecture to unify execution and messaging across rollups; the ecosystem counts more than 16 Interwoven Rollups and $28 million in total funding. An investor unlock in April added persistent selling pressure, and the token has trended lower.
Future strategy and roadmap: Because Circle will end native USDC support on Noble on January 12, 2027, migrate the stablecoin hub entirely to Injective, with Initia Labs deploying an automated redemption vault to unify mapping into USDC.inj. Building on the Reactor+ architecture and over 16 Interwoven Rollups, complete cross-VM liquidity integration, extend VIP rewards to more Minitia, and optimize developer tools and DeFi front ends, aiming to reduce liquidity fragmentation across rollups and improve cross-chain user experience.
Stanford Liu is co-founder and chief executive. A Princeton graduate, he was MEV research lead at Terraform Labs and in 2022 started a decentralised finance startup. After the FTX collapse they pivoted here, where he assembled the engineering team and leads the core protocol and architecture.
Ezaan Mangalji is co-founder and chief operating officer. A former smart contract developer at Terraform Labs, he co-founded the 2022 predecessor and owns operations and ecosystem design.
Sawit T is Chief Product Officer, leading feature experience and developer tooling.
OmniscientAsian heads the ecosystem. Formerly at Sino Global Capital and now vice president at Crescendo Ventures, they handle ecosystem partnerships and market expansion.
Iris Lee heads human resources.
The engineering team has absorbed developers from Cosmos Hub and Terra Station.