Injective Opens 10x Leverage Perpetuals on Nvidia GPU Rental Costs

Injective launched perpetual futures linked to its Super Intelligence Compute Index, which tracks Nvidia GPU rental fees. The product allows positions on fee movements with leverage of up to 10x.

• The index tracks rental rates for five Nvidia GPUs: H100, B200, H200, A100 and RTX 4090.· 2 sources
• The benchmark weights the H100 at 40% and the B200 at 25%; it is updated hourly using a trailing seven-day average, and trading collateral is USDC.· 2 sources
• Traders can take positions on rising or falling rental fees with up to 10x leverage; Injective says the market may also help developers and GPU suppliers hedge cost or revenue exposure.· 2 sources