Overview
- Injective made the SICI market live on mainnet on Monday, Oct. 26, offering USDC‑margined perpetuals that let users take up to 10x leverage on a GPU‑rental index.
- LO:TECH compiles hourly rental listings from compute marketplaces, rebases each GPU to 100 at a July 22, 2026 fixing, and publishes a trailing seven‑day average with a 19:00 UTC daily fixing.
- The index weights five Nvidia GPUs explicitly: H100 40%, B200 25%, H200 15%, A100 SXM 80GB 10%, and RTX 4090 10%, and Injective will keep prior index versions if the methodology changes.
- Analysts flag two central risks that will shape adoption: how reliably LO:TECH’s oracle sources and validates diverse rental quotes and whether trading liquidity grows enough for firms to use the product as a hedge.
- SICI builds on Injective’s August 2025 H100 perpetual (which cleared over $20 million in cumulative volume) and could affect AI developers’ budgets, GPU providers’ revenue, and related financing such as GPU‑backed loan facilities.