Injective Launches the TradFi Index to Bring the Largest Publicly Traded Stocks On-Chain

Today, Injective has made a landmark move that further brings traditional finance on-chain.

Through its premier decentralized exchange, Helix, Injective has launched a revolutionary on-chain index that tracks hundreds of the largest publicly traded equities via one cohesive index that marks a significant milestone in the convergence of traditional finance and decentralized finance. Users will now be able to access the equity markets via this index product 24/7 while being able to utilize up to 25X leverage.

Expanding Access to Traditional Finance Markets

The launch of the TradFi stocks index perpetual market (Ticker: TRADFI) follows Injective’s recent introduction of the AI Index perpetual market, further cementing its role as a leader in bridging traditional and on-chain finance. By enabling permissionless trading of traditional assets, Injective is eliminating inefficiencies associated with legacy markets, providing lower fees, enhanced transparency, and seamless global access.

Major companies in the #TradFi index include

-> Amazon $AMZN
-> Apple $APPL
-> Microsoft $MSFT
-> Goldman Sachs $GS
-> And hundreds more (full list below)

“This launch of the TradFi index is a major step toward our vision of democratizing access to financial markets,” said Eric Chen, CEO and co-founder of Injective Labs. “For the first time, users can engage with the largest publicly traded equities on-chain in an entirely decentralized manner, free from traditional market constraints.”

Breaking Down Barriers

By bringing the equities index on-chain, Injective is democratizing access to a cornerstone of the global financial market. This groundbreaking development offers several key advantages:

24/7 Trading: Unlike traditional stock markets with limited trading hours, the TradFi perpetual market on Helix will be available for trading 24 hours a day 7 days a week, 365 days a year. This continuous market access allows investors to react to global events and news in real-time, potentially leading to more efficient price discovery.

Leverage: The market allows up to 25X leverage, enabling users to take part in sophisticated trading strategies on-chain that would not be typically possible via traditional centralized rails.

Permissionless Access: The TradFi on-chain index is truly permissionless, eliminating the need for a brokerage account or U.S. residency. This opens up opportunities for global investors who previously faced barriers to participating in the US market.

Enhanced Hedging Opportunities: The introduction of the on-chain TradFi index provides traders with new tools for portfolio hedging. Investors can now easily take long or short positions on the broader U.S. stock market, allowing for more sophisticated risk management strategies.

Helix: The Everything Exchange

With the addition of more on-chain traditional finance markets, Helix is positioning itself as the “everything” exchange that bridges the gap between crypto and traditional finance. The aim is to have all financial assets tokenized and able to be bought, sold, and traded, all on-chain. Today, traders can now seamlessly switch between crypto assets and traditional stock exposure within a single, decentralized platform.

Chen emphasized the significance of this development: "By bringing the most sought after traditional finance markets on-chain, we're not just creating a new trading product; we're redefining what's possible in decentralized finance. This is a major step towards a future where all financial assets are accessible on-chain, 24/7, to anyone in the world."

Injective: Driving the Future of Finance

The launch of the TradFi stocks index is likely to have far-reaching implications for both the crypto and traditional finance sectors:

Accelerated Tokenization: This breakthrough could catalyze the tokenization of other traditional financial instruments, making a wider range of assets accessible on blockchain platforms.

Increased Liquidity: By offering 24/7 trading of major stocks via this index product, Helix could attract significant liquidity from both crypto natives and traditional finance participants giving unique trading opportunities that otherwise wouldn’t be available.

Market Efficiency: The real-time nature of on-chain products could lead to more efficient price discovery and reduced arbitrage opportunities between traditional and crypto markets. Injective is uniquely positioned to tackle this problem with its MEV and front-running resistant architecture.

Conclusion

Injective's introduction of the TradFi Stocks Index represents a significant leap forward in the maturation of the DeFi sector. By bringing the world's most important equities on-chain via this index, Injective is not just innovating within the crypto space—it's reshaping the broader landscape of global finance.

As traditional finance continues to become more available on-chain, Injective's innovations such as the TradFi index are likely to inspire a new wave of financial products that leverage the best of both worlds. This development marks yet another step towards a more integrated, efficient, and accessible global financial system that works for everyone, with Injective powering it all.

About Injective

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

A complete list of all current equities in the TradFi Index.

Note: Representation in the index is based entirely upon the market capitalization of each company.

Agilent Technologies (A)
American Airlines Group (AAL)
Apple Inc. (AAPL)
AbbVie (ABBV)
AmerisourceBergen (ABC)
Abbott Laboratories (ABT)
Arch Capital Group (ACGL)
Accenture (ACN)
Adobe Inc. (ADBE)
Analog Devices (ADI)
Archer-Daniels-Midland (ADM)
Automatic Data Processing (ADP)
Autodesk (ADSK)
Ameren (AEE)
American Electric Power (AEP)
AES Corporation (AES)
Aflac (AFL)
American International Group (AIG)
Assurant (AIZ)
Arthur J. Gallagher & Co. (AJG)
Akamai Technologies (AKAM)
Albemarle Corporation (ALB)
Align Technology (ALGN)
Alaska Air Group (ALK)
Allstate (ALL)
Allegion (ALLE)
Applied Materials (AMAT)
Amcor (AMCR)
Advanced Micro Devices (AMD)
AMETEK (AME)
Amgen (AMGN)
Ameriprise Financial (AMP)
American Tower (AMT)
Amazon.com (AMZN)
Arista Networks (ANET)
ANSYS (ANSS)
Aon (AON)
A. O. Smith (AOS)
APA Corporation (APA)
Air Products and Chemicals (APD)
Amphenol (APH)
Aptiv (APTV)
Alexandria Real Estate Equities (ARE)
Atmos Energy (ATO)
Activision Blizzard (ATVI)
AvalonBay Communities (AVB)
Broadcom (AVGO)
Avery Dennison (AVY)
American Water Works (AWK)
American Express (AXP)
AutoZone (AZO)
Boeing (BA)
Bank of America (BAC)
Ball Corporation (BALL)
Baxter International (BAX)
Bath & Body Works (BBWI)
Best Buy (BBY)
Becton Dickinson (BDX)
Franklin Resources (BEN)
Brown-Forman (BF.B)
Biogen (BIIB)
Bio-Rad Laboratories (BIO)
Bank of New York Mellon (BK)
Booking Holdings (BKNG)
Baker Hughes (BKR)
Bristol Myers Squibb (BMY)
Broadridge Financial Solutions (BR)
Berkshire Hathaway (BRK.B)
Brown & Brown (BRO)
Boston Scientific (BSX)
BorgWarner (BWA)
Boston Properties (BXP)
Citigroup (C)
Conagra Brands (CAG)
Cardinal Health (CAH)
Carrier Global (CARR)
Caterpillar (CAT)
Chubb (CB)
Cboe Global Markets (CBOE)
CBRE Group (CBRE)
Crown Castle (CCI)
Carnival Corporation (CCL)
Cadence Design Systems (CDNS)
CDW (CDW)
Celanese (CE)
Constellation Energy (CEG)
CF Industries (CF)
Citizens Financial Group (CFG)
Church & Dwight (CHD)
C.H. Robinson (CHRW)
Charter Communications (CHTR)
Cigna (CI)
Cincinnati Financial (CINF)
Colgate-Palmolive (CL)
Clorox (CLX)
Comerica (CMA)
Comcast (CMCSA)
CME Group (CME)
Chipotle Mexican Grill (CMG)
Cummins (CMI)
CMS Energy (CMS)
Centene Corporation (CNC)
CenterPoint Energy (CNP)
Capital One Financial (COF)
CooperCompanies (COO)
ConocoPhillips (COP)
Costco Wholesale (COST)
Coty (COTY)
Campbell Soup (CPB)
CoStar Group (CSGP)
CSX Corporation (CSX)
Cintas (CTAS)
CrowdStrike (CRWD)
Catalent (CTLT)
CooperStandard (CTS)
Corteva (CTVA)
Chevron Corporation (CVX)
Cognizant (CTSH)
CVS Health (CVS)
Consolidated Edison (ED)
Deere & Company (DE)
Delta Air Lines (DAL)
DaVita (DVA)
Dover Corporation (DOV)
Dow Inc. (DOW)
DuPont (DD)
Domino's Pizza (DPZ)
Duke Energy (DUK)
DTE Energy (DTE)
Digital Realty Trust (DLR)
Dollar General (DG)
Quest Diagnostics (DGX)
D.R. Horton (DHI)
Danaher Corporation (DHR)
Disney (DIS)
Discovery (DISCA)
Dish Network (DISH)
Dollar Tree (DLTR)
Dexcom (DXCM)
Ecolab (ECL)
Electronic Arts (EA)
eBay (EBAY)
Eversource Energy (ES)
Edison International (EIX)
Estée Lauder (EL)
Emerson Electric (EMR)
EOG Resources (EOG)
EPAM Systems (EPAM)
Equifax (EFX)
Equinix (EQIX)
Equity Residential (EQR)
Essex Property Trust (ESS)
Eaton Corporation (ETN)
Entergy (ETR)
Evergy (EVRG)
Edwards Lifesciences (EW)
Exelon (EXC)
Expeditors International (EXPD)
Extra Space Storage (EXR)
Ford Motor Company (F)
Diamondback Energy (FANG)
Fastenal (FAST)
Meta Platforms (META)
Fortune Brands (FBHS)
Freeport-McMoRan (FCX)
FedEx (FDX)
FirstEnergy (FE)
F5 Networks (FFIV)
FIS (FIS)
Fiserv (FISV)
Fifth Third Bancorp (FITB)
FleetCor Technologies (FLT)
FMC Corporation (FMC)
Fox Corporation (FOXA)
First Republic Bank (FRC)
Federal Realty (FRT)
General Dynamics (GD)
General Electric (GE)
Gilead Sciences (GILD)
General Mills (GIS)
Globe Life (GL)
Corning (GLW)
General Motors (GM)
Generac (GNRC)
Alphabet Inc. Class C (GOOG)
Alphabet Inc. Class A (GOOGL)
Goldman Sachs (GS)
Genuine Parts (GPC)
Global Payments (GPN)
Garmin (GRMN)
The Hershey Company (HSY)
Host Hotels & Resorts (HST)
Honeywell (HON)
Hewlett Packard Enterprise (HPE)
HP Inc. (HPQ)
Hormel Foods (HRL)
Henry Schein (HSIC)
The Hartford (HIG)
Huntington Bancshares (HBAN)
Hasbro (HAS)
HCA Healthcare (HCA)
Home Depot (HD)
Hologic (HOLX)
Howmet Aerospace (HWM)
IBM (IBM)
Intercontinental Exchange (ICE)
IDEXX Laboratories (IDXX)
IDEX Corporation (IEX)
International Flavors & Fragrances (IFF)
Illumina (ILMN)
Incyte (INCY)
Intel (INTC)
Intuit (INTU)
International Paper (IP)
Interpublic Group (IPG)
IQVIA (IQV)
Ingersoll Rand (IR)
Iron Mountain (IRM)
Intuitive Surgical (ISRG)
Illinois Tool Works (ITW)
Invitation Homes (INVH)
J.B. Hunt (JBHT)
Johnson Controls (JCI)
Jack Henry & Associates (JKHY)
Johnson & Johnson (JNJ)
Juniper Networks (JNPR)
JPMorgan Chase (JPM)
Kellogg's (K)
KeyCorp (KEY)
Keysight Technologies (KEYS)
Kraft Heinz (KHC)
Kimco Realty (KIM)
KLA Corporation (KLAC)
Kimberly-Clark (KMB)
Kinder Morgan (KMI)
CarMax (KMX)
Coca-Cola (KO)
Kroger (KR)
Kansas City Southern (KSU)
Loews Corporation (L)
L3Harris Technologies (LHX)
Laboratory Corporation of America (LH)
Lam Research (LRCX)
Leidos (LDOS)
Lennar (LEN)
Eli Lilly (LLY)
Lockheed Martin (LMT)
Lincoln National (LNC)
Alliant Energy (LNT)
Lowe's (LOW)
Lumen Technologies (LUMN)
Southwest Airlines (LUV)
Las Vegas Sands (LVS)
Lamb Weston (LW)
LyondellBasell (LYB)
Live Nation Entertainment (LYV)
Mastercard (MA)
Mid-America Apartment Communities (MAA)
Masco Corporation (MAS)
McDonald's (MCD)
Microchip Technology (MCHP)
McKesson Corporation (MCK)
Moody's Corporation (MCO)
Mondelez International (MDLZ)
Medtronic (MDT)
MetLife (MET)
MGM Resorts (MGM)
Mohawk Industries (MHK)
McCormick & Company (MKC)
MarketAxess (MKTX)
Martin Marietta Materials (MLM)
Monster Beverage (MNST)
Altria Group (MO)
The Mosaic Company (MOS)
Marathon Petroleum (MPC)
Merck & Co. (MRK)
Marathon Oil (MRO)
Morgan Stanley (MS)
MSCI (MSCI)
Microsoft (MSFT)
Motorola Solutions (MSI)
M&T Bank (MTB)
Match Group (MTCH)
Mettler-Toledo (MTD)
Micron Technology (MU)
Norwegian Cruise Line (NCLH)
Nasdaq (NDAQ)
Nordson Corporation (NDSN)
NextEra Energy (NEE)
Newmont Mining (NEM)
Netflix (NFLX)
Nike (NKE)
NiSource (NI)
Nielsen Holdings (NLSN)
Northrop Grumman (NOC)
Norfolk Southern (NSC)
NetApp (NTAP)
Northern Trust (NTRS)
Nucor (NUE)
NVIDIA (NVDA)
NVR (NVR)
NXP Semiconductors (NXPI)
Realty Income Corporation (O)
Old Dominion Freight Line (ODFL)
Omega Healthcare Investors (OHI)
ONEOK (OKE)
Omnicom Group (OMC)
Oracle Corporation (ORCL)
O'Reilly Automotive (ORLY)
Otis Worldwide (OTIS)
Occidental Petroleum (OXY)
Paccar (PCAR)
PG&E Corporation (PCG)
Healthpeak Properties (PEAK)
Public Service Enterprise Group (PEG)
PepsiCo (PEP)
Pfizer (PFE)
Principal Financial Group (PFG)
Procter & Gamble (PG)
Progressive Corporation (PGR)
Parker-Hannifin (PH)
PulteGroup (PHM)
Philip Morris International (PM)
PNC Financial Services (PNC)
Pentair (PNR)
Pool Corporation (POOL)
PPG Industries (PPG)
PPL Corporation (PPL)
Prudential Financial (PRU)
Public Storage (PSA)
Phillips 66 (PSX)
PTC (PTC)
Qorvo (QRVO)
QUALCOMM (QCOM)
Quanta Services (PWR)
Royal Caribbean Group (RCL)
Everest Re Group (RE)
Regions Financial Corporation (RF)
ResMed (RMD)
Rollins (ROL)
Roper Technologies (ROP)
Ross Stores (ROST)
Republic Services (RSG)
Raytheon Technologies (RTX)
SBA Communications (SBAC)
Starbucks (SBUX)
Charles Schwab Corporation (SCHW)
ServiceNow (NOW)
SentinelOne (S)
Sealed Air (SEE)
Sherwin-Williams (SHW)
SVB Financial Group (SIVB)
J.M. Smucker Company (SJM)
Schlumberger (SLB)
SolarEdge Technologies (SEDG)
Southern Company (SO)
Simon Property Group (SPG)
Sempra Energy (SRE)
Synchrony Financial (SYF)
Skyworks Solutions (SWKS)
Continuing from 362:
Sysco Corporation (SYY)
AT&T (T)
Molson Coors Beverage Company (TAP)
TransDigm Group (TDG)
Teledyne Technologies (TDY)
TE Connectivity (TEL)
Target Corporation (TGT)
Trane Technologies (TT)
TJX Companies (TJX)
Thermo Fisher Scientific (TMO)
T-Mobile US (TMUS)
Tesla (TSLA)
Texas Instruments (TXN)
Tyson Foods (TSN)
UDR (UDR)
United Airlines (UAL)
Under Armour (UAA)
United Parcel Service (UPS)
United Rentals (URI)
US Bancorp (USB)
United Health Group (UNH)
Universal Health Services (UHS)
Ulta Beauty (ULTA)
Unity Software (U)
Visa (V)
Vail Resorts (MTN)
Valero Energy (VLO)
Vulcan Materials (VMC)
Verisk Analytics (VRSK)
Vertex Pharmaceuticals (VRTX)
Ventas (VTR)
Verizon (VZ)
Wabtec Corporation (WAB)
Waters Corporation (WAT)
Western Digital (WDC)
WEC Energy Group (WEC)
Welltower (WELL)
Wells Fargo (WFC)
Whirlpool (WHR)
Willis Towers Watson (WTW)
Waste Management (WM)
Williams Companies (WMB)
Walmart (WMT)
WestRock (WRK)
West Pharmaceutical Services (WST)
W.W. Grainger (GWW)
Weyerhaeuser (WY)
Wynn Resorts (WYNN)
Xcel Energy (XEL)
Xilinx (XLNX)
Exxon Mobil (XOM)
Dentsply Sirona (XRAY)
Xylem (XYL)
Yum! Brands (YUM)
Zebra Technologies (ZBRA)
Zions Bancorporation (ZION)
Zimmer Biomet (ZBH)
Zoetis (ZTS)
ServiceNow (NOW)
Enphase Energy (ENPH)
Celsius Holdings (CELH)
MongoDB (MDB)
UBER Technologies (UBER)
Palo Alto Networks (PANW)
Datadog (DDOG)
Fair Isaac Corporation (FICO)
Garmin Ltd. (GRMN)
Catalent (CTLT)
Monolithic Power Systems (MPWR)
DexCom (DXCM)
Albemarle Corporation (ALB)
ON Semiconductor (ON)
Tractor Supply Company (TSCO)
First Solar (FSLR)
STERIS plc (STE)
Bio-Techne Corporation (TECH)
Tyler Technologies (TYL)
Trimble Inc. (TRMB)
FactSet Research Systems (FDS)
ANSYS (ANSS)
Cognex Corporation (CGNX)
Jack Henry & Associates (JKHY)
Brown & Brown (BRO)
Paycom Software (PAYC)
Teradyne (TER)
IPG Photonics Corporation (IPGP)
Take-Two Interactive (TTWO)
Ceridian HCM Holding (CDAY)
Aspen Technology (AZPN)
Bentley Systems (BSY)
Bill.com Holdings (BILL)
Lattice Semiconductor (LSCC)
PTC Inc. (PTC)
Confluent (CFLT)
Snowflake (SNOW)
Palantir Technologies (PLTR)
GitLab (GTLB)
Cloudflare (NET)
Block Inc. (SQ)
Coinbase Global (COIN)
Robinhood Markets (HOOD)
Toast Inc. (TOST)
Affirm Holdings (AFRM)
SentinelOne (S)
UiPath (PATH)
Okta (OKTA)
Splunk (SPLK)
Veeva Systems (VEEV)
Workday (WDAY)
Zscaler (ZS)
DocuSign (DOCU)
HubSpot (HUBS)
Twilio (TWLO)
Atlassian (TEAM)
Coupa Software (COUP)
RingCentral (RNG)
ZoomInfo Technologies (ZI)
Dynatrace (DT)
Five9 (FIVN)
AppLovin (APP)
Alteryx (AYX)
Box (BOX)
DigitalOcean Holdings (DOCN)
Fastly (FSLY)
Nutanix (NTNX)
Pure Storage (PSTG)
Qualys (QLYS)
BlackLine (BL)
Crowdstrike Holdings (CRWD)
Dropbox (DBX)
Elastic (ESTC)
JFrog (FROG)
HashiCorp (HCP)
Monday.com (MNDY)
New Relic (NEWR)
Rapid7 (RPD)
Smartsheet (SMAR)
SolarWinds (SWI)
Sumo Logic (SUMO)
Tenable Holdings (TENB)
Unity Software (U)
Zendesk (ZEN)
Zoom Video Communications (ZM)
ZoomInfo Technologies (ZI)