Enjin
ENJSubstrate blockchain platform designed for NFTs
Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.01% | 3.01% | 12.26% | 5.68% | 6.24% | 30.37% |
Comparison
Fundraising
Investment
Sub Organizations
Tokenomics
Unlock Progress
Data source: CoinGecko
ENJ is Enjin blockchain's native token, used to back the real value of NFTs on the platform, pay transaction fees, and stake for governance and validator incentives. The network has approximately 4.89% annual inflation for block production and governance.
Top Holders
| Address | Token | Quantity | Percentage | Value |
|---|---|---|---|---|
| Null: 0x000...dEaD (dead) | ![]() ENJ | 434,324,570.67 | 21.36% | $11.1M |
| Binance 8 (acec) | ![]() ENJ | 114,126,749.09 | 5.61% | $2.91M |
| Binance 28 (efcb) | ![]() ENJ | 83,461,684.38 | 4.11% | $2.13M |
Open Markets
| # | Exchange | Pair | Price | +2% depth | -2% depth | Volume (24h) | volume % |
|---|---|---|---|---|---|---|---|
| 1 | PPhemexCEX | ENJ/USDT | $0.02733 | $20,006 | $11,406 | $375,624 | 12.68% |
| 2 | BBithumbCEX | ENJ/KRW | $0.02766 | $3,536 | $6,641 | $58,802 | 1.99% |
| 3 | BBingXCEX | ENJ/USDT | $0.02734 | $39,034 | $43,632 | $58,255 | 1.97% |
| 4 | BBybitCEX | ENJ/USDT | $0.0273 | $9,789 | $22,870 | $54,333 | 1.83% |
| 5 | OOKXCEX | ENJ/USDT | $0.02731 | $26,423 | $24,891 | $46,862 | 1.58% |
| 6 | ENJ/WETH | $0.0374 | $1,421 | $1,417 | $25,197 | 0.85% | |
| 7 | BBitgetCEX | ENJ/USDT | $0.0273 | $33,680 | $40,367 | $8,981 | 0.30% |
| 8 | ENJ/USD | $0.02744 | $23,119 | $3,838 | $5,487 | 0.19% | |
| 9 | HHTXCEX | ENJ/USDT | $0.02728 | $4,335 | $1,364 | $5,346 | 0.18% |
| 10 | ENJ/USDT | $0.02732 | $4,436 | $21,812 | $3,776 | 0.13% |
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About Enjin
Enjin is a blockchain platform designed for creating and managing virtual goods in games, offering tools like the Enjin Platform (GraphQL API), Enjin Wallet, Enjin Beam (QR-code NFT distribution), and Fuel Tanks (meta-transactions). Its core strength lies in protocol-level NFT support on a dedicated Layer-1 chain (Relaychain + Matrixchain), which lowers development barriers and transaction costs compared to smart-contract-based solutions. The ecosystem is powered by ENJ, where minting NFTs locks ENJ as a value floor and melting releases it back, creating a direct link between network activity and token demand.
Market pain points addressed include players' lack of true ownership of in-game items, poor cross-game interoperability, and high entry barriers for developers unfamiliar with smart contracts. Enjin solves these through native NFT primitives, cross-game asset support (e.g., the 'Essence of the Elements' multiverse campaign), and user-friendly features like auto-teleport for misdirected funds.
In the past six months (2026-03-08 to 2026-09-08), Enjin faced a significant security incident: in February 2026, an ERC-1155 contract vulnerability allowed attackers to drain approximately $142,000 worth of ENJ by exploiting a storage-collision bug in adapter contracts, affecting 52 wallets. Additionally, ENJ's price hit an all-time low of $0.0174 in March 2026, reflecting broader market challenges. Despite these setbacks, the 'Essence of the Elements' multiverse campaign continued, with seasonal rewards and a 1 million ENJ prize pool for special NFTs. No major protocol upgrades or ecosystem expansions were confirmed during this period.
Enjin began as a gaming community platform in 2009, pivoted to blockchain in 2017 with the ENJ token, and introduced the ERC-1155 multi-token standard in 2018, becoming core NFT infrastructure. In 2023, it completed a triple migration, consolidating ERC-20 ENJ on Ethereum, Efinity (EFI) on Polkadot, and new mainnet assets into a unified ENJ on the Enjin Blockchain, adopting Nominated Proof-of-Stake (NPoS) with a dual-chain architecture of Relaychain and Matrixchain. In September 2024, the Kampong Glam upgrade went live, enabling ENJ infusion into multi-tokens, reducing batch NFT issuance costs, optimizing fuel tank management, adding offers for unlisted NFTs, and adopting Polkadot OpenGov governance; exchanges suspended ENJ deposits/withdrawals to facilitate the upgrade, marking a significant capability leap. Subsequent Bugis and Sentosa upgrades in 2025 refined staking and cross-chain features, while Platform v3 in 2026 introduced AI agent capabilities and better developer experience, solidifying its position in gaming NFTs.
Positive: The Kallang upgrade launched on mainnet on May 18, improving governance and introducing sENJ voting; Platform v3 public beta began on May 25, supporting multi-chain and AI Agent wallets; on August 26, Platform 3 officially launched, offering chain instances, invisible onboarding, and native AI agents, strengthening developer tools and ecosystem narrative. Additionally, the "Essence of the Elements" cross-game campaign continued, providing 50K ENJ rewards per season.
Negative: On August 25, Enjin's ERC-1155 "Crypto Items" platform suffered a smart contract exploit (storage slot collision vulnerability), draining 5.24 million ENJ ($142K); ENJ dropped about 6% in a day, exposing upgradeable-contract risks and hurting market confidence.
Enjin's co-founders and core executives include:
Maxim Blagov – Co-founder & CEO. He leads the company's vision and creative direction, with a background in game development and blockchain adoption.
Witek Radomski – Co-founder & CTO. He oversees technical architecture, including the Enjin Blockchain and ERC-1155 standard development.
Oscar Franklin Tan – CFO & CLO. He manages financial strategy and legal affairs, ensuring regulatory compliance.
Rene Stefancic – COO. He handles operations, partnerships, and ecosystem growth, driving day-to-day execution.

