Injective Kimchi Premium Live (INJ)

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Injective Kimchi Premium · Live (INJ)

Injective's kimchi premium is now +0.43%. It compares the Korean price of 10,540 KRW with the Binance price at the USD/KRW rate (1,341.36 KRW). Over the last 24 hours the low was -1.51%, the high +0.68% and the average -0.24%.

  • Kimchi premium (FX basis)+0.43%
  • Tether basis+0.38%
  • 24h Change-1.03%
  • 24h trading value₩600M
FX 1,341.36Tether 1,342 ▲ +0.05%Market $2.72T ▼ -2.07%24H Vol $63.5BBTC Dom. 59.46%F&G 51 Neutral
Base
ExchangePrice (KRW)24h ChangeKimchi Premium
Korean exchanges (4)Korean won (KRW) markets
Upbit10,540KRW▼ 110-1.03%+0.33%
Bithumb10,560KRW▼ 60-0.56%+0.52%
Coinone10,280KRW00.00%-2.15%
Digital X10,710KRW▲ 130+1.23%+1.95%
Global exchanges (7)Major global exchanges
Binance10,506KRW▼ 217-2.03%Base
Seychelles · $7.829OKX10,502KRW▼ 221-2.06%-
USA · $7.848Coinbase10,527KRW▼ 107-1.01%-
UAE · $7.826Bybit10,497KRW▼ 230-2.14%-
Global · $7.837Gate10,512KRW▼ 205-1.91%-
Global · $7.825HTX10,497KRW▼ 216-2.02%-
Global · $7.833Bitget10,506KRW▼ 203-1.90%-
Other countries (2)Asia and other countries (local currency markets)Local currency markets
Thailand · ฿265.8Bitkub10,562KRW▼ 203-1.89%-
Indonesia · Rp148,034Indodax10,920KRW▲ 320+3.02%-
Kimchi premium trend, last 24h
Loading kimchi premium records…
INJ premium (median): +0.43%Tether basis (median): +0.38%Updated 10:47:49 PMSource: Alternative.me

What is Injective?

The coin of 'Injective', a blockchain specialized in financial and derivatives trading. It is built with Cosmos technology and makes it easy to create decentralized exchanges.

Injective kimchi premium: recent history

The INJ kimchi premium recorded by CoinGaja every 1 hour (Binance, FX basis).

  • Last 7 days Average +0.92% · highest +2.48% (Oct 24, 04:00) · lowest -1.12% (Oct 28, 01:00) · time in reverse premium (negative) 12%

Exchanges listing Injective

Korea: Upbit, Bithumb, Coinone, Digital X (formerly Korbit) (4 exchanges) — the main kimchi premium is the median of these exchanges' prices.

Overseas comparison: Binance, OKX, Coinbase(USA), Bybit, Gate, HTX (formerly Huobi), Bitget, Bitkub (Thailand), Indodax (Indonesia) — All prices by country

Based on the exchanges CoinGaja currently gets prices from. Check each exchange's notices for listings and delistings.

How to read the Injective kimchi premium

The kimchi premium is the percentage by which the same coin trades higher (or lower) on Korean exchanges than on overseas exchanges. Positive means Korea is more expensive; negative (a reverse premium) means Korea is cheaper. The table above compares the INJ price on Upbit, Bithumb, Coinone and Digital X (formerly Korbit) with the Binance price, and also shows prices on overseas exchanges in Japan, Thailand, the USA and more.

By 24h trading value in Korea, Injective currently ranks #100 of the 120 coins CoinGaja covers. The less a coin is traded, the more the price gap between exchanges and the kimchi premium can move.

New to the kimchi premium? Read What is the kimchi premium? Meaning and calculation first.

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