Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.08% | 4.68% | 0.85% | 57.91% | 142.46% | 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 | 26.58% |
| 2 | BBybitCEX | INIT/USDT | $0.08305 | $45,058 | $50,958 | $536,895 | 9.66% |
| 3 | BBitgetCEX | INIT/USDT | $0.0832 | $41,803 | $77,512 | $307,447 | 5.53% |
| 4 | BBingXCEX | INIT/USDT | $0.08295 | $52,524 | $79,399 | $206,830 | 3.72% |
| 5 | BBithumbCEX | INIT/KRW | $0.08276 | $7,532 | $31,659 | $185,835 | 3.35% |
| 6 | KKrakenCEX | INIT/USD | $0.0821 | $3,731 | $32,569 | $28,241 | 0.51% |
| 7 | PPhemexCEX | INIT/USDT | $0.08315 | $3,874 | $3,489 | $27,648 | 0.50% |
| 8 | UUpbitCEX | INIT/BTC | $0.0811 | $0 | $0 | $2,899 | 0.05% |
| 9 | KKrakenCEX | INIT/EUR | $0.08349 | $526 | $1,658 | $594 | 0.01% |
| 10 | INIT/USD | $0.08252 | $715 | $12 | $173 | 0.00% |
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About Initia
Initia is a full-chain rollup network built on the Cosmos ecosystem, designed to connect isolated Layer 2 networks through its Interwoven Rollups framework. Its core business allows developers to deploy application-specific rollups (called Minitia) with one click, supporting three virtual machines: MoveVM, EVM, and WasmVM. The network uses IBC (Inter-Blockchain Communication) for native cross-chain interoperability, enabling assets and data to flow seamlessly between different rollups. Initia's key selling point is solving the fragmentation problem in modular blockchain ecosystems, where individual rollups often become isolated liquidity islands. It also introduces Enshrined Liquidity, allowing INIT stakers to simultaneously provide security and liquidity.
In the past six months (2026-02-28 to 2026-08-31), Initia completed the Reactor+ upgrade, a significant technical milestone for rollup interoperability. However, market response has been muted. The token price has declined approximately 87-96% from its all-time high of $1.42, trading around $0.06. On-chain metrics remain weak: total TVL across all rollups is only about $3.8 million, annualized fees are roughly $260,000, and only about 9 Minitia are actively operating—far short of the "thousands of rollups" vision. The network faces continuous selling pressure from approximately 15% annual inflation and a large portion of the 1 billion total supply still locked. The 25% VIP incentive program has been criticized for subsidizing vanity TVL rather than generating genuine demand, as evidenced by minimal real transaction fees.
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.
Bullish:
- On 2026-04-28, investors, founders, and team extended the vesting cliff by one year to April 2027, easing near-term sell pressure.
Bearish:
- No buyback/burn; VIP and Enshrined rewards add ~15% annual inflation, creating ongoing sell pressure.
- Weak real adoption: chain-wide TVL only ~$3.8M, annual fees just $260k, with only 9 active Minitias.
- 2026-06-24 Echo community sale unlock; 2026-08-24 next unlock of 6.3M INIT (0.63% of supply).
- 2026-07-29 price hit an all-time low of $0.0474.
Stan Liu (Co-founder & CEO, LinkedIn: linkedin.com/in/stanford-liu-b62416131, Twitter: x.com/sinitias) - Previously worked at Band Protocol and Central Digital, with experience in software engineering and integration. Ezaan Mangalji (Co-founder, Twitter: x.com/ItsAlwaysZonny) - Previously co-founded Alles Labs and led projects at Nebula Protocol. Sawit (Chief Product Officer, LinkedIn: linkedin.com/in/tansawit, Twitter: x.com/tansawit) - Previously served as Integration Lead at Band Protocol, holds a B.S. in Computer Science from University of Michigan.