Initia halts blockchain after exploit reportedly drains over $2.6M
The blockchain suspended its layer-1 network and rollups after security researchers identified unauthorized token minting and millions in assets transferred to Ethereum.
The trading volume of Initia (INIT) is $2,099,491.00 in the last 24 hours, with stable market activity.
Initia (INIT) reached an all-time high of $1.42 on May 13, 2025 and an all-time low of $0.05 on Jul 29, 2026 . It's now trading 95.48% below that peak and 35.46% above its lowest price.
Market capitalization of Initia (INIT) is $13,290,998 and is ranked #1058 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of INIT tokens (206,900,119 tokens are tradable on the market today).
The fully diluted valuation (FDV) of Initia (INIT) is $64,187,000. This is a statistical representation of the maximum market cap, assuming the maximum number of 1,000,000,000 INIT tokens are in circulation today. Depending on how the emission schedule of INIT tokens are designed, it might take multiple years before FDV is realized.
With a price increase of 7.80% in the last 7 days, Initia (INIT) is outperforming the global cryptocurrency market which is up 5.1%, while outperforming when compared to similar Smart Contract Platform cryptocurrencies which are up 4.1%.
The circulating supply of Initia (INIT) is 206,900,119 INIT tokens, which represents 20.69% of the maximum supply of 1,000,000,000 tokens.
You can buy Initia (INIT) on various cryptocurrency exchanges. The most popular exchanges for trading INIT are typically centralized exchanges (CEX) like Binance, Coinbase, and Kraken, as well as decentralized exchanges (DEX). Always ensure you're using a reputable exchange and enable two-factor authentication for security.
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