RunUp's RUNNER token has launched the first perpetual treasury on Injective, holding a 2x leveraged long position in INJ tokens. Profits from this position are used to buy back and burn RUNNER tokens, reducing supply and potentially increasing value. The treasury operates through Injective's Request for Quote system and was approved by Injective governance. This setup links RUNNER's supply dynamics directly to INJ price movements, with gains funding token burns and losses posing risks to the treasury's capacity to buy back tokens.
Injective (INJ) holds a market cap of Rp13,75 trillion and a 24-hour trading volume of Rp2,14 trillion on Pluang as of Oct 04, 2026 00:02 WIB. The INJ price is Rp136.142, up 0.65% in the last day, while buy orders dominate at 94% of Pluang activity. This strong buy interest and significant market liquidity provide a dynamic backdrop for the RUNNER token's new perpetual treasury leveraging INJ positions.
RunUp has linked potential buybacks of its RUNNER token to the performance of a leveraged Injective (INJ) treasury strategy called "INJ 2X." This strategy involves taking a leveraged long position on INJ, where profits from price increases are used t...
Injective, a Layer 1 blockchain focused on trading and institutional use, has launched the first demo of CypherOS, its native privacy platform. CypherOS offers confidential trading, shielded transactions, and private request-for-quote (RFQ) flows to ...
