Injective Launches GPU Rental Index Perpetuals

Injective has launched a perpetual futures market tracking rental prices for five Nvidia GPUs, offering up to 10x leverage against its new Super Intelligence Compute Index. According to its Oct. 26 announcement, the SICI market is live on mainnet and uses USDC as margin.

London-based capital markets firm LO:TECH builds and prices the benchmark using rental listings from compute marketplaces. The benchmark assigns a 40% weighting to Nvidia's H100 SXM 80GB, 25% to the B200, 15% to the H200, and 10% each to the A100 SXM 80GB and GeForce RTX 4090. LO:TECH calculates the benchmark hourly using a seven-day average of weighted rental-price data.

Index Methodology and Calculation

For the SICI benchmark, LO:TECH gathers reference prices in dollars per GPU-hour from compute marketplaces, pooling on-demand and spot listings. Each marketplace counts once for each chip, and observations pass validation and outlier checks before entering the calculation. The methodology rebases each GPU's reference price to 100 at the July 22, 2026 daily fixing.

The company describes the product as a way for traders to take positions on computing costs and for AI developers and infrastructure providers to hedge their exposure. Injective plans to introduce another onchain financial product in the coming days.

Key facts

• Injective launched a perpetual futures market tracking five Nvidia GPUs with up to 10x leverage.
• The Super Intelligence Compute Index uses USDC as margin and is live on mainnet.
• LO:TECH calculates the benchmark hourly using a seven-day average of weighted rental-price data.
• Nvidia's H100 SXM 80GB carries a 40% weighting in the index basket.