This document describes the built-in accounts system of Injective.Pre-requisite Readings:
Account type that uses Ethereum’s ECDSA secp256k1 curve for keys. This satisfies the EIP84 for full BIP44 paths. The root HD path for Injective-based accounts is m/44'/60'/0'/0.
Addresses and Public Keys
There are 3 main types ofAddresses/PubKeys available by default on Injective:
- Addresses and Keys for accounts, that identify users (i.e., the sender of a
message). They are derived using theeth_secp256k1curve. - Addresses and Keys for validator operators, which identify the operators of validators. They are derived using the
eth_secp256k1curve. - Addresses and Keys for consensus nodes, which identify the validator nodes participating in consensus. They are derived using the
ed25519curve.
Address formats for clients
EthAccounts can be represented in both Bech32 and hex format for Ethereum’s Web3 tooling compatibility.
The Bech32 format is the default format for Cosmos-SDK queries and transactions through CLI and REST clients. The hex format is the Ethereum common.Address representation of a Cosmos sdk.AccAddress.
- Address (Bech32):
inj14au322k9munkmx5wrchz9q30juf5wjgz2cfqku - Address (EIP55 Hex):
0xAF79152AC5dF276D9A8e1E2E22822f9713474902 - Compressed Public Key:
{"@type":"/injective.crypto.v1beta1.ethsecp256k1.PubKey","key":"ApNNebT58zlZxO2yjHiRTJ7a7ufjIzeq5HhLrbmtg9Y/"}
The Cosmos SDK Keyring output (i.e
injectived keys) only supports addresses in Bech32 format.Derive Injective Account from a private key/mnemonic
Below is an example of how to derive an Injective Account from a private key and/or a mnemonic phrase:Subaccounts
Injective subaccounts allow a single main wallet address to manage multiple, isolated trading accounts. This is useful for power users, especially professional traders and market makers.Key features and explanation
- Programmatic access: This feature is designed to be highly accessible for programmatic trading via Injective’s native APIs, catering to financial application developers.
- Advanced account management: The subaccounts feature provides sophisticated account management capabilities, enabling users (e.g., institutions or algorithmic traders) to segregate funds and trading strategies within a single, primary Injective address.
- Isolation and organization: Funds and orders within one subaccount are isolated from others, which is critical for managing risk, running different trading bots, or applying distinct strategies simultaneously without interference.
- Seamless transfers: Users can easily transfer assets between their main account balance and their various subaccounts, as well as between different subaccounts, using specific messages on the Injective network.
- Integration with exchange modules: The subaccounts functionality is part of Injective’s core exchange module, which includes an on-chain order book and matching engine for spot, perpetual, futures, and options markets.
