Injective Launches AI Compute Price Index and Perpetual Market for NVIDIA GPUs
Injective introduces SICI, an onchain benchmark for NVIDIA GPU rental prices, alongside a leveraged perpetual trading market.
Injective introduces SICI, an onchain benchmark for NVIDIA GPU rental prices, alongside a leveraged perpetual trading market. USDC (USDC) is trading at $0.9993. This is an original TLT brief synthesising 2 outlets (Crypto Economy, TronWeekly), plus live market data, as of Mon, 26 Oct 2026 21:00:05 UTC.
This development provides a transparent onchain benchmark for AI compute costs, enabling traders to hedge against GPU price volatility and potentially influencing broader AI infrastructure markets.
- Injective launched the Super Intelligence Compute Index (SICI) tracking five NVIDIA GPU models.
- SICI perpetual market offers up to 10x leverage with USDC as margin.
- H100 GPU has the highest weight at 40% in the SICI index.
- Current market cap of INJ is $790.73M, down 8.03% over the past week.
Multiple outlets, including Crypto Economy and TronWeekly, confirm that Injective has launched the Super Intelligence Compute Index (SICI) to track rental prices for five NVIDIA GPU models. The index uses a seven-day trailing average with hourly updates and daily fixing. While both outlets highlight the 10x leveraged perpetual market using USDC as margin, only TronWeekly specifies analyst Giannis Andreou's support level for INJ at $6.521 and potential recovery targets.
- Injective Launches Second Stockdrop Event Amidst Market Volatility
- Injective Launches AI Compute Price Index and Perpetual Market for NVIDIA GPUs — this brief
Injective has introduced the Super Intelligence Compute Index (SICI), an onchain benchmark designed to track the rental prices of five NVIDIA GPU models. The index aggregates data from various sources and publishes a seven-day trailing average with hourly prints and daily fixing.
The SICI index assigns a 40% weight to the H100 GPU, reflecting its prominence in the AI compute market. This development allows traders, developers, and AI infrastructure providers to gain exposure to GPU price movements through a transparent onchain mechanism.
Alongside the SICI index, Injective has launched a perpetual market that offers up to 10x leverage, with
USDC as the margin currency. This market enables traders to hedge against or speculate on GPU price volatility.
According to TronWeekly, analyst Giannis Andreou has identified $6.521 as a key support level for INJ, with potential recovery targets at $15.807 and $33.085, and a possible move toward $75. However, the current market data shows INJ at $7.91, down 0.75% in the last 24 hours and 8.03% over the past week.
The broader crypto market remains relatively flat with a total market cap of $2.74 trillion.
Bitcoin is down 0.89% in the last 24 hours, while the Fear & Greed index stands at 50, indicating a neutral sentiment. USDC, the margin currency for the SICI perpetual market, has a circulating supply of $71.27 billion and is currently priced at $0.999405.
Since this brief published about 4 hours ago, USDC (USDC) has moved from $0.9994 to $0.9993 — -0.01%.
The chart plots USDC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 USDC ≈ ₦1,382.94 (about $0.9993), down 0.0% over 24 hours. The naira itself trades about 3.7% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 26, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Injective Launches AI Compute Price Index and Perpetual Mark — questions & answers
What is the Super Intelligence Compute Index (SICI)?
SICI is an onchain benchmark tracking rental prices for five NVIDIA GPU models, including the H100.
How does the SICI perpetual market work?
The SICI perpetual market allows traders to speculate on GPU prices with up to 10x leverage using USDC as margin.
What is the current market cap of INJ?
The current market cap of Injective (INJ) is $790.73 million.
How much is 1 USDC worth in naira today?
About ₦1,382.94 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.9993. The naira price moves with both USDC's US-dollar price and the USDT/NGN rate; use our USDC in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Crypto Economy, TronWeekly, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.