Injective Launches Nvidia GPU Rental Index Market

Injective has launched a mainnet perpetual market tied to rental prices for five Nvidia GPUs, offering traders USDC margin and leverage of up to 10 times. The company announced the Super Intelligence Compute Index, or SICI, on October 26, describing it as a benchmark for AI computing costs and the basis for the new market. SICI tracks rental rates for Nvidia’s H100, B200, H200, A100 and RTX 4090 GPUs. The H100 carries a 40% weighting, followed by the B200 at 25%, the H200 at 15%, and the A100 and RTX 4090 at 10% each. Traders can take positions on whether the index rises or falls. Injective says London-based capital markets firm LOTECH compiles hourly rental listings from compute marketplaces and calculates a trailing seven-day average. The index combines the five GPU components according to their stated weights. Its methodology rebases each GPU component to 100 at the July 22, 2026 daily fixing, and uses the 19:00 UTC reading as the daily fixing. The market extends Injective’s earlier GPU-linked offering, which was tied to H100 rental prices and launched in August 2025. The new index covers five chip models rather than one. Injective says the SICI perpetual is available on...