Initia combines L1 and L2 tech for scalable, developer-friendly dApps with $INIT for fees, staking, and governance. More
| Fully Diluted Valuation | $320.42M |
|---|---|
| 24H Trading Volume | $19.85M |
| 24H Low / High | $0.31 / $ 0.33 |
| Circulating Supply | 163.77M |
| Total Supply | 1.00B |
| Max Supply | 1.00B |
| Categories | Infrastructure 6 more |
|---|---|
| Founder | Anonymous |
| Website | initia.xyz Whitepaper |
| Socials | 1 more |
| Chains | Osmosis Ecosystem 1 more |
| Explorer | Initia 3 more |
| Contracts |
ibc/D....0620B
1 more
|
| Name | Pair | OG Score |
|---|
Initia is a Layer 1 (L1) blockchain network built on the Cosmos SDK, launched on April 24, 2025, to address multichain fragmentation by integrating L1 security with customizable Layer 2 (L2) rollups. Its Interwoven Stack enables developers to create application-specific rollups ("Minitias") using EVM, MoveVM, or WasmVM, achieving 10,000 TPS and 500ms block times.
The $INIT token, powers gas fees, staking, governance, cross-chain transactions, and liquidity provision via InitiaDEX, a decentralized exchange hub. The Enshrined Liquidity model allows $INIT-denominated liquidity to be staked with validators, securing the network while enabling multichain liquidity. The Vested Interest Program (VIP) rewards rollups and users based on TVL, transaction volume, and governance participation, fostering ecosystem alignment.
Initia raised $21.5 million ($7.5M seed in 2023, $14M Series A in 2024 at a $350M valuation) from investors like Binance Labs and Theory Ventures. Its mainnet supports early DeFi and gaming projects, with a Binance Launchpool allocating 30 million $INIT (3% of supply).
X posts highlight community optimism but note volatility and airdrop-driven selling pressure. Initia’s modular design and interoperability compete with Cosmos and Ethereum rollups, but early mainnet adoption and token stability remain challenges. The roadmap includes onboarding high-profile projects and expanding ecosystem use cases like NFTs and enterprise solutions.
Initia’s Interwoven Stack combines L1 coordination with customizable L2 rollups, supporting multiple VMs (EVM, MoveVM, WasmVM) for developer flexibility. Its Enshrined Liquidity model merges staking and multichain liquidity, while the VIP incentivizes ecosystem growth through TVL and activity-based $INIT rewards. Unlike fragmented multichain systems, Initia abstracts complexities, offering prebuilt SDKs and native interoperability for seamless cross-chain interactions.
The founders of Initia are anonymous. No specific individuals are publicly named, though the team includes veterans from DeFi and blockchain security, with Stan Liu noted as a core contributor.
Initia raised $21.5 million: a $7.5M seed round in 2023 led by Binance Labs (now YZi Labs) and a $14M Series A in 2024 led by Theory Ventures, with Nascent, Figment, Delphi Digital, Hack VC, and others. Individual investors include Cobie, Zaheer Ebtikar, and Barry Plunkett.
Join
OGAudit
