Relative Finance is thrilled to announce the launch of its Peer-to-Peer wagering platform on Injective’s EVM-based L2. Users on Injective's EVM network, known as inEVM, will now be able to wager on the relative value between assets. Real-money wagers will be available for users' favorite INJ ecosystem tokens and more.

The decision to launch on inEVM was strategically made with growth and support in mind. The Relative team has eagerly awaited the launch of inEVM to introduce real-money wagering to its community. The INJ Ecosystem has displayed promising signs of adoption and is poised for continued growth.

About Relative’s Peer-to-Peer Wagers:

Relative’s Peer-to-Peer wagering market allows users to predict whether one asset will outperform another within a given time frame. This helps market participants by allowing them to hedge current spot or future positions, while also profiting during a negative market environment where both assets depreciate.User’s can create public/private wagers in the form of multi-user mode (nvn) or challenge mode (1v1) across 150+ assets and 10,000 different combinations.

About Injective-EVM (InEVM):

InEVM marks a groundbreaking achievement as the first-ever Ethereum Virtual Machine capable of achieving true composability across Cosmos and Solana. Developed in collaboration with Caldera, a L2 rollup infrastructure platform backed by Sequoia, the inEVM network offers Ethereum developers unprecedented access to Injective's global network and user base, presenting a multitude of opportunities to expand the reach of their protocols.

InEVM boasts several significant benefits for developers, including ultra-fast speeds facilitated by a parallelized structure, instant transaction finality, a modular toolkit, shared liquidity, and composability across the Cosmos IBC universe alongside Solana.

About Injective:

Injective is a lightning-fast interoperable layer-one blockchain optimized for building premier Web3 finance applications. Providing developers with powerful plug-and-play modules for creating unmatched dApps, Injective is incubated by Binance and backed by prominent investors such as Jump Crypto, Pantera, and Mark Cuban. INJ, the native asset powering Injective and its rapidly growing ecosystem, plays a pivotal role.

About Relative Finance:

The crypto markets have experienced exponential growth in recent years, with increased adoption from both retail participants and tech giants. While this growth was catalyzed by developments in DeFi and NFTs, we believe the next significant change will stem from the mass adoption of decentralized, community-owned platforms across various verticals such as finance, social media, and gaming.

With this philosophy in mind, we are building Relative—an ecosystem of applications focused on derivatives and wagering.


Twitter: @relative_fi
Injective Twitter: @injective
Website: https://relative.fi