While we are proud of our portfolio @Aster_DEX is on fire, we @yzilabs never forget this vision of backing DEXes started 7 years ago when we incubated @injective . This aligned with our long term investment principle and building ecosystem with the founders like @ericinjective who keeps #BUIDLing .
Much of Injective’s early success was made possible with the help of YZI Labs (formerly known as Binance Labs). We were not only incubated by YZI Labs but also today are one of the most successful Binance Launchpad projects to date. Back in 2018, Injective was in the first incubation batch of @yzilabs with the goal of creating the first frontrunning resistant perp DEX. YZI Labs believed in us at a time when DeFI was just an afterthought and Injective was far ahead of its time. Over time, this technical experimentation and grit evolved Injective into creating an infrastructure stack custom built to support financial applications from perp DEXs to binary options to innovative tokenized assets and RWAs. It has been a long and fruitful journey, with Injective today becoming not only the first to launch a fully onchain derivatives exchange but also one of the largest layer 1 chains in crypto. This was done not via competition but rather through a focus on building alongside the best in the industry where we elevate DeFi and the world together. This continues to be our creed here at Injective. We of course have much more to conquer and build. YZI Labs continues to build alongside the Injective ecosystem, not only providing strategic support but also joining new Injective initiatives. Along the way, Injective has also empowered countless entrepreneurs, builders, and communities to launch new ideas, proving that the ecosystem is strongest when everyone grows together. The vision, determination, and unrelenting focus on bringing all financial applications onchain continue to fuel the Injective team and the broader ecosystem where we want to bring truly decentralized technology to the masses. And this is just the beginning. In the years ahead, Injective will continue to help others rise with us, creating innovations and launches that upgrade the entire world’s financial stack. Infinite more ahead.
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