Injective launches Super Intelligence Compute Index for AI compute trading

The new index tracks five NVIDIA GPU rental rates and lets traders take leveraged onchain positions through perpetual futures Injective has launched the Super Intelligence Compute Index, a benchmark that tracks rental rates for five NVIDIA GPUs. Traders can take leveraged positions on it onchain through perpetual futures. The new index rolls five NVIDIA GPU rental rates into a single tradable number. Think of it like a stock index, except the components are hourly prices for renting chips instead of company shares. Exposure comes through perpetual futures, often called perps. These are derivatives with no expiry date. Traders can hold a long or short position for as long as they keep it funded. The pitch is simple.

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