Overview
- Injective has put a live perpetual futures market on mainnet that references the Super Intelligence Compute Index, a tradable benchmark made from hourly GPU rental prices.
- Traders can use USDC as margin and take up to 10x leverage on the perpetuals, and the product is intended for both directional bets and hedging of compute costs.
- The index weights five Nvidia chips with the H100 SXM 80GB at 40 percent, the B200 at 25 percent, the H200 at 15 percent, and the A100 SXM 80GB and RTX 4090 at 10 percent each.
- London firm LO:TECH gathers hourly rental listings from compute marketplaces, runs validation and outlier checks, rebases components to a July 22 reference, and publishes a seven‑day trailing average with the 19:00 UTC reading as the daily fixing.
- Analysts warn the product’s usefulness for corporate hedging depends on deeper liquidity and robust oracle design because GPU rental markets are fragmented by provider, region, listing type, and contract terms.