The price of AI compute is now a market on Injective.
We launched the Super Intelligence Compute Index ($SICI) on Monda | Hanami
The price of AI compute is now a market on Injective.
We launched the Super Intelligence Compute Index ($SICI) on Monday, and one day later we unveiled Injective Options so anyone can hedge that same cost. Then we opened applications for our first Hacker House with AWS, SMBC Nikko, and more.
Below are the biggest developments from a packed week on Injective ⤵️
🟪 Trade the cost of AI compute with $SICI, a diversified index of NVIDIA GPU rental prices now live as perpetuals with up to 10x leverage.
🟪 Injective Options is live on testnet with fully collateralized calls with initial markets being indicies and commodities. Developers can use it to launch white label options protocols and markets.
🟪 Applications are open for our first Hacker House, where 20 teams will build RWA, privacy, and agentic apps in Bangkok from December 1 to 10 with partners including @awscloud, Animoca Brands, Japanese banking giant SMBC Nikko, $TAO, and Gulf Labs, and the deadline is November 10. https://x.com/injective/status/2115488559125721359
🟪 The Community BuyBack is complete with close to 7.3 million $INJ burned to date, and the first Injective Stockdrop is live so participants can claim tokenized stocks on @Solana, from Nvidia to Tesla.
🟪 The Injective Trench Treasury acquired 5% of the $RUNNER supply from @runupdotfun, the launchpad that brought more than 30,000 unique users to Injective and lets anyone on Solana launch tokens paired with $INJ.
📊 Key Stats
🟪 Builders shipped 2.3K code commits to Injective over the last 30 days, ranking #3 among L1s.
🌐 Ecosystem News
🟪 Staked Looped INJ (sLINJ) is live on @ChoiceXchange, issued by @MidasRWA, giving leveraged $INJ staking exposure in a single token with a target APY of ~12% on Injective EVM.
🟪 Get paid privately with Pay Links from @TryNoxApp, which let anyone send any coin from any chain to your Injective wallet as $INJ or USDC with no onchain transfer linking you to the sender.
🟪 12.7M USDC has migrated to Injective, according to the Q3 recap from @cosmoshub.
🟪 Injective exchange dApps saw $417M traded over the past 7 days, pushing cumulative volume to $84.6B.
Compute got a price this week and away to hedge it a day later. Hacker House applications close November 10, so start building and apply today!