Injective launches Super Intelligence Compute Index for AI GPU rental trading
- —Index combines rental rates for five NVIDIA GPUs into one tradable benchmark
- —Exposure is via perpetual futures on Injective's Helix DEX with up to 5x leverage
- —Predecessor H100 perps market cleared over $20.3 million in cumulative volume
- —Squaretower supplies a custom oracle updating rental rates every hour
Why it matters: Injective is pushing onchain derivatives into AI compute markets, where GPU buyers and cloud providers could hedge rental price swings.
Source: Crypto Briefing