Injective launches Super Intelligence Compute Index for AI compute trading

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. What Injective actually built 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. If you think the cost of AI compute is heading up, you go long. If you expect it to fall, you go short. If you are a company that buys compute, you might use a position to offset swings in what you pay. The H100 market came first The new index did not appear out of nowhere. Injective has been testing the idea of trading compute prices for a while. On August 18, 2025, the network introduced a perpetual futures market tied to tokenized NVIDIA H100 GPU rental rates. The research describes it as the first onchain perps market built around that specific input. That mark...