Injective launched a perpetual futures market tied to an index of rental prices for five Nvidia GPU models. Traders can bet on the index rising or falling with up to 10x leverage, using USDC as margin. The index uses marketplace data compiled by LO:TECH and is updated hourly from a trailing seven-day average, so it does not show rental prices in real time.
Injective said the market could help AI developers hedge against higher computing costs and GPU providers protect against falling rental revenue. The launch expands on its August 2025 market tied only to H100 rental prices.
