Injective $INJ : launches Nvidia H100 derivatives market
Injective (INJ) has launched the first on-chain market dedicated to trading the rental prices of Nvidia H100 GPUs, in collaboration with Squaretower. This move marks an unprecedented step by transforming computational power into a tradable financial asset.
Squaretower, which tokenizes artificial intelligence infrastructure into market assets, will provide hourly updates on the rental prices of H100s directly from global computing providers. This data feeds into Helix, Injective's DEX that operates 24/7 with perpetual derivatives, spot, and traditional assets.
The GPU rental market is estimated to exceed $280 billion over the next five years, and now investors can speculate, hedge, or innovate in DeFi using this new instrument. For Injective, bringing GPU prices on-chain is the first step towards tokenizing real infrastructures into liquid markets.
This initiative adds to other advancements of the network: iBuild and iAgent SDK for on-chain AI agents, tokenized assets like shares of Nvidia, Meta, and Robinhood, as well as commodities and forex.
In July, the platform launched SBET, the first on-chain digital treasury, and also announced the Canary Capital Staked INJ ETF — strengthening its role as a leader in tokenization.
👉 A milestone that connects artificial intelligence, decentralized finance, and real-world assets within the same infrastructure.