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 to buy back and burn RUNNER tokens. However, since the position can also lose value if INJ falls, buybacks are not guaranteed. At the time of reporting, RunUp's treasury held $6,430.02 with no buybacks executed yet. The project launched RUNNER on Injective, with governance approval sought for treasury contracts and a launch schedule set for late September and early October 2023.
Injective (INJ) trades at Rp136.142 on Pluang as of Oct 04, 2026 00:02 WIB, showing a 1-day gain of 0.65%. The market cap stands at Rp13,75 trillion with a 24-hour volume of Rp2,14 trillion. Buy orders dominate at 94%, and typical holding time is 38 days, indicating strong investor interest relevant to RunUp's leveraged treasury strategy.
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Injective launched a new route for transferring USD Coin (USDC) through LI.FI and Jumper on October 16, utilizing Circle's Cross-Chain Transfer Protocol (CCTP). This addition offers users an alternative way to move USDC to Injective's network, which ...
