Injective launches onchain options on indices and commodities
- —Six markets are live on testnet with writing limited to whitelisted participants
- —Each option is fully backed by native Injective USDC until expiry
- —An institutional liquidity provider quotes both sides of every strike from launch
- —Options can be sold before expiry if both parties agree to clear risk early
Why it matters: The product adds a hedging layer around Injective's newly launched SICI compute index and offers infrastructure for third-party options protocols.
Source: Blockchain.News