Injective Launches GPU rental price index SICI and up to 10 x perpetual contracts
BIBIBI
AT A GLANCE
Injective Launches SICI an on-chain index and related perpetual contracts with up to 10 x leverage.
Article
Injective Launches GPU rental price index SICI, supporting up to 10 x leveraged perpetual contracts
PANews October 26 reported that, according to Injective's official announcement, it launched the Superintelligent Compute Index (SICI), which combines the rental prices of NVIDIA GPU into an on-chain benchmark and offers related perpetual contract trading with up to 10 x leverage. The index is based on hourly data from the compute market, with constituents including H100（40%）、B200（25%）、H200（15%）、A100（10%) and RTX 4090（10%）。Injective stated that it also plans to launch new financial products related to SICI in the coming days.
PANews reported that, according to Injective's official announcement,Injective launched the Superintelligent Compute Index (SICI）。
02
SICI combining the rental prices of NVIDIA GPU into an on-chain benchmark.
03
The index is based on hourly data from the compute market.
04
The index constituents are H100（40%）、B200（25%）、H200（15%）、A100（10%) and RTX 4090（10%）。
05
Injective It offers related perpetual contract trading with up to 10 x leverage.
06
Injective stated that it also plans to launch new financial products related to SICI in the coming days.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
SICI It combines the rental prices of NVIDIA GPU into an on-chain price indicator according to specified weights. The related perpetual contracts allow traders to conduct leveraged trading around this indicator, with maximum leverage of 10 x.
Why it matters to readers
This product turns GPU rental prices into an on-chain benchmark and tradable underlying for perpetual contracts, providing a new form of trading for compute prices.
Beginners can first observe how the index is priced and whether the related contracts are actually tradable. Up to 10 x leverage amplifies gains and losses caused by price movements.
Risks and unknowns
The report cites Injective's official announcement, but the evidence does not provide the original text of that announcement.
The evidence does not specify the actual launch status of the related perpetual contracts, eligible trading regions, liquidity, or specific trading rules.
Apart from the use of hourly compute-market data, the data source, update mechanism, and constituent-adjustment rules have not been disclosed.
The new financial products planned for launch in the coming days remain plans; their specific details and whether they can be implemented are unknown.
Related Developments
Loading event timeline…
Related concepts
SICI
This term is not in the glossary yet. Browse related concepts in the glossary.
A derivative contract with no expiration date, designed for continuous holding, whose funding rate mechanism helps keep its price close to that of the underlying asset.
