Injective Protocol
#630
PASSED
Settle Deprecated Perpetuals on Injective Exchange dApps
Proposal Type: MsgBatchExchangeModification
Submitted On:
April 20, 2026 at 10:06 PM
Submitted By:
Deposit:
100 INJ
Deposit By:
Proposal Contents (*the original text from the proposer)
If passed, this proposal will settle the W/USDT PERP, SKY/USDT PERP, MEGA/USDT PERP, 2Z/USDT PERP, and XPL/USDT PERP markets. The settlement price of open positions will be based on the oracle price for each market when the proposal is passed.
Actions:
- By voting yes on this proposal, you support settling the W/USDT PERP, SKY/USDT PERP, MEGA/USDT PERP, 2Z/USDT PERP, and XPL/USDT PERP markets.
- By voting no on the proposal, you do not support settling the W/USDT PERP, SKY/USDT PERP, MEGA/USDT PERP, 2Z/USDT PERP, and XPL/USDT PERP markets.
- By voting no with veto, you find this proposal to be spam/irrelevant/malicious to governance, and contribute to burning the 100 INJ deposit if NoWithVeto votes are greater than ⅓ of the total voting power.
- By voting abstain, you wish to contribute to quorum while formally declining to vote either for or against the proposal.
Disclosure: I am a member of the Injective Labs team.
Voting Results
Status: Quorum Met
(54.79% of the required 33.40%)
Tokens Voted
31,950,610
Yes
22,644,184
70.9%
No
51
0.0%
No With Veto
355
0.0%
Abstain
9,306,020
29.1%
Vox Populi
Community discussions related to the proposal.
There do not appear to be any discussions on this proposal at this time.
Proposal Status
Voting Period
Opened
Apr 20, 2026, 10:06 PM
Closes
Apr 24, 2026, 10:06 PM
Duration
4 days
QuorumQuorum Met
Quorum Required33.4%
Eligible Voting Power58,490,047
Current Participation
54.79%
(31,950,610 votes)
Outcome
PASSED
Projected Outcome
N/A
Vote Distribution
31,950,610
Total Votes
Yes
22,644,184
70.9%
No
51
0.0%
No With Veto
355
0.0%
Abstain
9,306,020
29.1%
Participation Analysis
No voting velocity data available
Voting Comparison
Compare how addresses voted versus how tokens were voted to identify sentiment vs. voting power disconnects
Voting Alignment Analysis
Addresses = % of wallets; Tokens = % of voting power. A large gap means sentiment and power don't align.
Addresses
Tokens
Abstain
24.7% tokensSignificant Disconnect
Addresses lead0Tokens lead
4.5%addresses
tokens29.1%
Power concentration: 24.7% more tokens support this than address count suggests
Yes
23.5% addressesSignificant Disconnect
Addresses lead0Tokens lead
94.4%addresses
tokens70.9%
Popular sentiment: 23.5% more addresses support this than token holdings suggest
No
Aligned
Addresses lead0Tokens lead
0.7%addresses
tokens0.0%
Well aligned: Address and token voting are consistent
No With Veto
Aligned
Addresses lead0Tokens lead
0.4%addresses
tokens0.0%
Well aligned: Address and token voting are consistent
Voting By Address
Yes
761
94.4%
No
6
0.7%
No With Veto
3
0.4%
Abstain
36
4.5%
Voting By Token Holdings
Yes
22,644,184
70.9%
No
51
0.0%
No With Veto
355
0.0%
Abstain
9,306,020
29.1%
Voting Power Status
Power Expended %
54.6%
Remaining Uncast Validator Power %
45.4%
Current Turnout %
54.6%
Quorum Gap %
0.0%
YesNoAbstainVetoRemaining uncast
Validator vs Non-Validator Voting Split
Validator-originated votes
No votes
Total: 0
Recorded non-validator votes
Total: 806
- Yes761 (94.4%)
- No6 (0.7%)
- No With Veto3 (0.4%)
- Abstain36 (4.5%)
Largest Unvoted Validators
Zellic4,307,692,746,935,150,000,000,000 (7.3%)
Everstake3,546,141,476,650,864,000,000,000 (6.0%)
Binance Staking3,445,317,355,055,954,000,000,000 (5.8%)
Kraken3,315,324,182,026,186,700,000,000 (5.6%)
Informal Systems3,012,094,620,965,880,000,000,000 (5.1%)
SCV-Security2,868,034,799,122,406,600,000,000 (4.8%)
Figment2,366,427,638,901,442,000,000,000 (4.0%)
Injective Foundation2,259,324,858,552,419,000,000,000 (3.8%)
Cointelegraph Decentralization Guardians2,002,062,055,425,827,200,000,000 (3.4%)
Core ONE1,812,433,364,375,496,400,000,000 (3.1%)
Validator Voting Detail
Resolving validator votes…Status:
Vote:
| Validator | Voting Power | % of Bonded | Status | Vote Choice |
|---|---|---|---|---|
| Zellic | 4,307,692,746,935,150,000,000,000 | 7.3% | Not Voted | — |
| Everstake | 3,546,141,476,650,864,000,000,000 | 6.0% | Not Voted | — |
| Binance Staking | 3,445,317,355,055,954,000,000,000 | 5.8% | Not Voted | — |
| Kraken | 3,315,324,182,026,186,700,000,000 | 5.6% | Not Voted | — |
| Informal Systems | 3,012,094,620,965,880,000,000,000 | 5.1% | Not Voted | — |
| SCV-Security | 2,868,034,799,122,406,600,000,000 | 4.8% | Not Voted | — |
| Figment | 2,366,427,638,901,442,000,000,000 | 4.0% | Not Voted | — |
| Injective Foundation | 2,259,324,858,552,419,000,000,000 | 3.8% | Not Voted | — |
| Cointelegraph Decentralization Guardians | 2,002,062,055,425,827,200,000,000 | 3.4% | Not Voted | — |
| Core ONE | 1,812,433,364,375,496,400,000,000 | 3.1% | Not Voted | — |
| Kiln | 1,539,381,857,584,336,300,000,000 | 2.6% | Not Voted | — |
| Bitwise Onchain Solutions | 1,530,433,197,948,970,800,000,000 | 2.6% | Not Voted | — |
| Cosmostation | 1,529,334,379,865,473,200,000,000 | 2.6% | Not Voted | — |
| Solva (CryptoCrew) | 1,352,482,392,566,925,600,000,000 | 2.3% | Not Voted | — |
| FalconX | 1,288,556,202,226,585,400,000,000 | 2.2% | Not Voted | — |
| Nansen | Stake to Stack Points | 1,230,080,051,771,575,400,000,000 | 2.1% | Not Voted | — |
| polkachu.com | 1,168,485,351,590,080,600,000,000 | 2.0% | Not Voted | — |
| Black Panther | Delegate for Claimdrop | 1,055,259,728,467,856,000,000,000 | 1.8% | Not Voted | — |
| Twinstake | 1,028,595,995,852,934,300,000,000 | 1.7% | Not Voted | — |
| Hex Trust | 1,027,651,988,500,000,000,000,000 | 1.7% | Not Voted | — |
| BitGo by Twinstake | 1,009,637,009,907,821,500,000,000 | 1.7% | Not Voted | — |
| Allnodes | 941,108,905,027,347,500,000,000 | 1.6% | Not Voted | — |
| miPool | 934,002,000,210,000,000,000,000 | 1.6% | Not Voted | — |
| Decentrio-Labs | 924,105,489,794,439,700,000,000 | 1.6% | Not Voted | — |
| Imperator.co | 914,596,435,008,548,200,000,000 | 1.5% | Not Voted | — |
| Republic | 906,119,134,581,505,100,000,000 | 1.5% | Not Voted | — |
| Helios Staking | 790,418,149,981,910,000,000,000 | 1.3% | Not Voted | — |
| Citadel.one | 754,342,503,840,047,000,000,000 | 1.3% | Not Voted | — |
| Innovating Capital | 747,654,583,632,923,300,000,000 | 1.3% | Not Voted | — |
| AutoStake 🛡️ Slash Protected | 747,579,075,106,964,900,000,000 | 1.3% | Not Voted | — |
| Smart Stake | 730,218,606,092,489,500,000,000 | 1.2% | Not Voted | — |
| B-Harvest | 652,440,190,559,066,800,000,000 | 1.1% | Not Voted | — |
| HighStakes.ch | Daily Airdrops | 616,342,742,050,593,400,000,000 | 1.0% | Not Voted | — |
| NTT DOCOMO GLOBAL | 550,340,555,446,951,100,000,000 | 0.9% | Not Voted | — |
| Crosnest | 508,844,993,890,021,760,000,000 | 0.9% | Not Voted | — |
| Keplr | 486,673,681,178,692,150,000,000 | 0.8% | Not Voted | — |
| Deutsche Telekom | 458,716,446,569,342,600,000,000 | 0.8% | Not Voted | — |
| KoreaUniversity BRI | 428,224,442,166,247,200,000,000 | 0.7% | Not Voted | — |
| Lavender.Five Nodes 🐝 | 428,004,506,554,569,900,000,000 | 0.7% | Not Voted | — |
| Dynamo DeFi | 409,848,017,321,958,160,000,000 | 0.7% | Not Voted | — |
| Google Cloud | 400,058,272,879,891,600,000,000 | 0.7% | Not Voted | — |
| NextFinanceTech | 400,001,001,233,701,700,000,000 | 0.7% | Not Voted | — |
| Ledger by Chorus One | 379,938,565,341,287,200,000,000 | 0.6% | Not Voted | — |
| Neptune Foundation | 355,698,385,160,563,600,000,000 | 0.6% | Not Voted | — |
| TTT VN | 342,047,195,163,896,500,000,000 | 0.6% | Not Voted | — |
| Mblock | 300,482,011,846,351,520,000,000 | 0.5% | Not Voted | — |
| KDAC | 300,008,389,583,791,380,000,000 | 0.5% | Not Voted | — |
| Trust Nodes | 275,987,310,471,414,150,000,000 | 0.5% | Not Voted | — |
| Talis Protocol | 200,312,520,003,939,360,000,000 | 0.3% | Not Voted | — |
| PRYZM | StakeDrop | 122,438,524,833,973,370,000,000 | 0.2% | Not Voted | — |
| Talis Protocol (legacy) | 119,897,392,791,680,200,000,000 | 0.2% | Not Voted | — |
| Stakecito | 51,249,015,344,007,985,000,000 | 0.1% | Not Voted | — |
| Frens (🤝,🤝) | 36,312,458,079,407,507,000,000 | 0.1% | Not Voted | — |
| Stakely.io - Please Redelegate | 25,382,406,740,034,166,000,000 | 0.0% | Not Voted | — |
| PartnerStaking | Timeworx.io Airdrop | 22,365,051,089,177,600,000,000 | 0.0% | Not Voted | — |
| Kiln (legacy - please redelegate) | 20,892,248,674,449,950,000,000 | 0.0% | Not Voted | — |
| Dojo | Delegate for Airdrop | 20,806,962,434,386,570,000,000 | 0.0% | Not Voted | — |
| Atomic Nodes | 17,649,509,502,377,150,000,000 | 0.0% | Not Voted | — |
| PFC - Plan For Chaos | 15,079,171,079,313,256,000,000 | 0.0% | Not Voted | — |
| kingnodes 👑 | 12,617,671,055,482,972,000,000 | 0.0% | Not Voted | — |
| StakeLab.zone | 12,187,922,534,024,790,000,000 | 0.0% | Not Voted | — |
| POSTHUMAN 🧬 StakeDrop | 11,041,652,962,459,895,000,000 | 0.0% | Not Voted | — |
| Injective Finance | 11,039,936,640,883,093,000,000 | 0.0% | Not Voted | — |
| Golden Ratio Staking | 7,198,621,950,321,972,000,000 | 0.0% | Not Voted | — |
| Ubik Capital - CLOSED - Inactive - PLS REDELEGATE | 6,914,301,196,172,036,000,000 | 0.0% | Not Voted | — |
| Stakewolle.com | Auto-compound | 6,042,502,810,944,371,000,000 | 0.0% | Not Voted | — |
| BackBone Labs | Delegate for $SOUL Claim Drop | 5,482,926,293,784,477,000,000 | 0.0% | Not Voted | — |
| Open DeFi | 5,166,390,093,635,380,000,000 | 0.0% | Not Voted | — |
| Kahuna | 4,756,175,918,090,288,000,000 | 0.0% | Not Voted | — |
| ECO Stake 🌱 | REStake.app | 4,680,673,606,878,130,300,000 | 0.0% | Not Voted | — |
| Orman.xyz | 4,651,633,909,863,220,000,000 | 0.0% | Not Voted | — |
| Ninja Blaze | 3,367,751,209,512,865,400,000 | 0.0% | Not Voted | — |
| WolfEdge | 2,893,500,199,985,411,000,000 | 0.0% | Not Voted | — |
| Swiss Staking | Bare Metal | Bunker | 2,842,538,549,191,711,000,000 | 0.0% | Not Voted | — |
| Oni | Stake for BoostDrop™ 🚀 | 2,232,707,639,097,105,300,000 | 0.0% | Not Voted | — |
| Redelegate | 2,223,925,522,391,734,000,000 | 0.0% | Not Voted | — |
| Twinstake | 2,097,886,724,602,450,400,000 | 0.0% | Not Voted | — |
| w3coins | 1,927,441,421,786,477,000,000 | 0.0% | Not Voted | — |
| 01node | 1,743,731,431,701,523,700,000 | 0.0% | Not Voted | — |
| Coinage x DAIC | 1,622,268,466,780,127,400,000 | 0.0% | Not Voted | — |
| Four Pillars | 1,621,301,994,474,214,500,000 | 0.0% | Not Voted | — |
| TokenStation.app | 1,580,501,571,463,683,500,000 | 0.0% | Not Voted | — |
| NINJA | 1,151,360,534,526,018,600,000 | 0.0% | Not Voted | — |
| $MAX injective | 1,120,265,849,454,491,600,000 | 0.0% | Not Voted | — |
| Hex Trust | 1,082,344,259,879,673,800,000 | 0.0% | Not Voted | — |
| coinhall.org 📈🔄 | 1,043,186,267,115,764,300,000 | 0.0% | Not Voted | — |
| Forbole | 1,035,584,241,797,404,700,000 | 0.0% | Not Voted | — |
| AUDIT.one | 680,803,620,222,926,200,000 | 0.0% | Not Voted | — |
| InfStones | 680,429,874,236,504,100,000 | 0.0% | Not Voted | — |
| BitGo by Twinstake | 645,458,138,011,786,300,000 | 0.0% | Not Voted | — |
| Injective Node 1 | 534,866,322,839,097,840,000 | 0.0% | Not Voted | — |
| A41 | 468,856,010,237,420,800,000 | 0.0% | Not Voted | — |
| Redelegate to WhisperNode 🤐 | 453,997,844,491,561,860,000 | 0.0% | Not Voted | — |
| DSRV | 423,630,792,116,345,630,000 | 0.0% | Not Voted | — |
| Please undelegate | 359,835,895,954,376,100,000 | 0.0% | Not Voted | — |
| Cosmic Validator | Top Uptime & Auto-compound | 345,910,570,590,286,840,000 | 0.0% | Not Voted | — |
| Meria | 305,313,324,275,889,730,000 | 0.0% | Not Voted | — |
| BitNordic (decommissioned) | 277,153,275,166,108,250,000 | 0.0% | Not Voted | — |
| Migrating to ‘Keplr’ - Please Redelegate | 271,158,218,307,341,840,000 | 0.0% | Not Voted | — |
| Vault Staking | 254,138,225,981,292,480,000 | 0.0% | Not Voted | — |
| WhisperNode 🤐 | 224,911,213,733,845,400,000 | 0.0% | Not Voted | — |
| Node X | 170,204,509,493,592,620,000 | 0.0% | Not Voted | — |
| redelegate to StakeLab | 164,502,141,548,787,000,000 | 0.0% | Not Voted | — |
| Artifact | 129,000,000,000,000,020,000 | 0.0% | Not Voted | — |
| staking engine | 127,781,455,907,136,750,000 | 0.0% | Not Voted | — |
| Contribution DAO | 117,093,141,832,457,160,000 | 0.0% | Not Voted | — |
| gumi | 97,650,068,403,008,630,000 | 0.0% | Not Voted | — |
| DO NOT STAKE | 93,832,665,541,610,900,000 | 0.0% | Not Voted | — |
| <decommissioned> | 78,113,303,822,154,190,000 | 0.0% | Not Voted | — |
| 5.0 Validator | Airdrop | 77,211,386,478,232,300,000 | 0.0% | Not Voted | — |
| Nala DAO | 75,000,174,312,463,940,000 | 0.0% | Not Voted | — |
| Finoa-Consensus-Services | 67,798,579,912,155,365,000 | 0.0% | Not Voted | — |
| Injective Node 0 | 51,002,925,025,390,900,000 | 0.0% | Not Voted | — |
| Huobi | 50,539,018,405,247,255,000 | 0.0% | Not Voted | — |
| Nebula | 49,010,000,000,000,010,000 | 0.0% | Not Voted | — |
| Orion - Auto-Compound & 0% Fees | 46,030,613,892,460,560,000 | 0.0% | Not Voted | — |
| DOUBLETOP | 37,158,237,108,273,330,000 | 0.0% | Not Voted | — |
| Bi23 Labs | 34,045,893,778,905,620,000 | 0.0% | Not Voted | — |
| Mblock | 30,674,061,097,600,020,000 | 0.0% | Not Voted | — |
| please redelegate - shutting down | 16,990,891,960,308,105,000 | 0.0% | Not Voted | — |
| Copper | 14,606,353,216,999,037,000 | 0.0% | Not Voted | — |
| Notional | 14,212,756,415,728,585,000 | 0.0% | Not Voted | — |
| jabbey | 11,193,506,890,011,610,000 | 0.0% | Not Voted | — |
| KDAC | 10,001,000,100,157,473,000 | 0.0% | Not Voted | — |
| Psycho Node | 6,986,584,645,154,515,000 | 0.0% | Not Voted | — |
| HashQuark | 5,511,184,855,199,357,000 | 0.0% | Not Voted | — |
| test-node | 5,500,000,000,000,010,000 | 0.0% | Not Voted | — |
| MCF | 5,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| Tané | 5,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| CosmosPug 🍒 | 4,530,530,530,530,540,500 | 0.0% | Not Voted | — |
| POSTCAPITALIST🎩 | 2,886,050,055,485,328,400 | 0.0% | Not Voted | — |
| Outlier Ventures | 2,586,772,534,872,619,500 | 0.0% | Not Voted | — |
| Node & Validator | 2,301,583,342,500,010,000 | 0.0% | Not Voted | — |
| nysa.network | 2,243,332,598,443,389,700 | 0.0% | Not Voted | — |
| Please Re-delegate | 2,129,769,839,034,557,000 | 0.0% | Not Voted | — |
| Twinstake | 2,100,000,000,000,010,000 | 0.0% | Not Voted | — |
| Cosmology | 2,013,002,282,536,528,000 | 0.0% | Not Voted | — |
| Alessandro Mazza | 2,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| moonshot | 100% MEV Return to Stakers | 2,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| BlockHunters 🎯 | 1,920,111,441,046,300,700 | 0.0% | Not Voted | — |
| Stake.tips | 1,453,149,097,117,207,800 | 0.0% | Not Voted | — |
| Bro_n_Bro | 1,329,607,826,662,584,000 | 0.0% | Not Voted | — |
| Liquify | 1,211,000,000,000,010,000 | 0.0% | Not Voted | — |
| redelegate_please | 1,100,126,482,905,680,400 | 0.0% | Not Voted | — |
| Injective Node 3 | 1,037,242,873,320,739,300 | 0.0% | Not Voted | — |
| Redelegate to Galaxy | 1,001,002,208,593,616,900 | 0.0% | Not Voted | — |
| AzureNode | 1,001,000,000,000,010,000 | 0.0% | Not Voted | — |
| Cosmos Spaces | 1,001,000,000,000,010,000 | 0.0% | Not Voted | — |
| INJ | 1,001,000,000,000,010,000 | 0.0% | Not Voted | — |
| Synergy Nodes | 1,001,000,000,000,010,000 | 0.0% | Not Voted | — |
| CroutonDigital | 1,000,454,000,000,010,000 | 0.0% | Not Voted | — |
| Autonomy | 1,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| DTEAM | 1,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| Data Nexus | 1,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| Fusion Trade | 1,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| NODEJUMPER | 1,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| OKX Earn | 1,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| Onboarding | 1,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| [NODERS]TEAM | 1,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| decommissioned | 1,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| undelegate | 1,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| METAops | 1,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| frontrunner | 1,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| preprodtestingval | 1,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| Hype INFRA | 1,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| NFTSwitch.xyz w/ Reality Flux | 1,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| DO NOT DELEGATE | 1,000,000,000,000,000,000 | 0.0% | Not Voted | — |
| Hello Moon | 1,000,000,000,000,000,000 | 0.0% | Not Voted | — |
| Hex Trust | 1,000,000,000,000,000,000 | 0.0% | Not Voted | — |
| InjStaking | 501,000,000,000,010,000 | 0.0% | Not Voted | — |
| Do Not Delegate | 326,935,078,310,055,900 | 0.0% | Not Voted | — |
| do not delegate - test | 113,000,000,000,000,000 | 0.0% | Not Voted | — |
| p10node | 105,000,000,000,010,000 | 0.0% | Not Voted | — |
| Ninja Blaze | 100,000,000,000,010,000 | 0.0% | Not Voted | — |
| Terran One | 88,088,129,975,749,330 | 0.0% | Not Voted | — |
| metaONE | 56,808,144,056,876,640 | 0.0% | Not Voted | — |
| Matrixed.Link | 51,055,061,355,603,260 | 0.0% | Not Voted | — |
| EarnX(Phasing Out) | 35,604,723,348,571,770 | 0.0% | Not Voted | — |
| Galaxy | 23,157,749,735,214,990 | 0.0% | Not Voted | — |
| KingSuper | 22,010,002,617,727,210 | 0.0% | Not Voted | — |
| Blockval | 21,747,952,616,223,710 | 0.0% | Not Voted | — |
| Daily ExtraRewards | Nodeof Cosmonauts | 17,810,122,201,264,448 | 0.0% | Not Voted | — |
| inactive | 10,584,422,651,895,348 | 0.0% | Not Voted | — |
| mykk | 10,300,000,000,010,000 | 0.0% | Not Voted | — |
| SmartNodes | 10,120,209,599,141,718 | 0.0% | Not Voted | — |
| Node | 10,100,000,000,010,000 | 0.0% | Not Voted | — |
| undelegate | 10,000,000,000,010,000 | 0.0% | Not Voted | — |
| Architect Nodes | 10,000,000,000,010,000 | 0.0% | Not Voted | — |
| 0% Fee to 2024 | Octopus | 9,000,900,090,019,002 | 0.0% | Not Voted | — |
| this_is_moniker | 2,000,000,000,010,000 | 0.0% | Not Voted | — |
| 🍀LuckyFriday.io🍀 | 1,100,000,000,010,000 | 0.0% | Not Voted | — |
| Crypteloid | 1,003,113,264,022,478.2 | 0.0% | Not Voted | — |
| undelegate | 1,001,003,978,336,531.5 | 0.0% | Not Voted | — |
| Offline | 426,435,195,954,643.7 | 0.0% | Not Voted | — |
| HT Digital Assets | 100,010,000 | 0.0% | Not Voted | — |
| Spotonchain.ai - Stake for Airdrop | 1,010,000 | 0.0% | Not Voted | — |
| none | 1,010,000 | 0.0% | Not Voted | — |