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Injective launches AI compute index tracking NVIDIA GPU rental rates for leveraged trading.

Market News
26 Oct 2026, 17:11 WIB
Crypto Briefing
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Bullish
Injective launches AI compute index tracking NVIDIA GPU rental rates for leveraged trading.

Injective has introduced the Super Intelligence Compute Index, which tracks rental rates for five NVIDIA GPUs and allows traders to take leveraged onchain positions through perpetual futures. This index acts like a stock index but is based on hourly GPU rental prices, enabling traders to bet on the cost of AI compute rising or falling. The move builds on Injective's earlier launch of a perpetual futures market for NVIDIA H100 GPU rentals, which has seen over $20 million in trading volume. The broader index aims to attract more participants and provide a tool for both compute buyers and providers to hedge price risks, though its success depends on liquidity and the reliability of the pricing oracle.

Injective's launch of the Super Intelligence Compute Index for AI compute trading is presented here with Pluang's cryptocurrency market data as context. For readers following digital assets, as of Oct 26, 2026 20:21 WIB, 29 of 50 major cryptocurrencies on Pluang rose while 18 fell. Among notable movers, Bitcoin Cash (BCH) rose 1.92% to Rp5.021.703 with a typical hold time of 69 days, Algorand (ALGO) increased 1.89% to Rp1.891 with a hold time of 130 days, and MultiversX (EGLD) gained 1.75% to Rp58.930 with a hold time of 86 days. Pluang order activity showed contrasting sell dominance for BCH and ALGO versus full buy interest for EGLD.

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