The price of AI compute is now a market on $INJ , and that was only the beginning of the week.
From launching $SICI to bringing options infrastructure onchain, opening applications for the first @Injective Hacker House and expanding the ecosystem, there was plenty to catch up on.
These are some of the developments that stood out to me.
1. AI compute becomes tradable
The Super Intelligence Compute Index ($SICI) is now live as perpetual markets, tracking a diversified index of NVIDIA GPU rental prices with up to 10x leverage.
2. Injective Options goes live on testnet
Fully collateralized call options are now available, with initial markets focused on indices and commodities. Developers can also use the infrastructure to build their own white label options protocols.
3. Hacker House applications are open
Injective is bringing 20 teams to Bangkok from December 1–10 to build RWA, privacy and agentic applications. Partners include awscloud, Animoca Brands, SMBC Nikko, $TAO and Gulf Labs. Applications close November 10.
4. More activity across the ecosystem
The Community BuyBack has brought total $INJ burned close to 7.3 million. The first Stockdrop is also live, giving eligible participants access to tokenized stocks on @Solana Official .
The Trench Treasury acquired 5% of $RUNNER, while RunUp continues expanding its reach.
A few numbers worth noting:
- 2.3K code commits in 30 days, ranking #3 among L1s.
- $417M traded on Injective exchange dApps in seven days.
- $84.6B cumulative exchange volume.
- 12.7M USDC migrated to Injective.
There were also new developments around sLINJ on ChoiceXchange, private payments through TryNoxApp Pay Links, and more ways to use $INJ across the ecosystem.
AI compute got a market, and options followed a day later. That's the kind of progress worth paying attention to.
Builders, the Hacker House deadline is November 10. Start building and get your application in.
The Injective ecosystem keeps moving. 🥷
#injective #INJ #Web3 #defi #crypto
From launching $SICI to bringing options infrastructure onchain, opening applications for the first @Injective Hacker House and expanding the ecosystem, there was plenty to catch up on.
These are some of the developments that stood out to me.
1. AI compute becomes tradable
The Super Intelligence Compute Index ($SICI) is now live as perpetual markets, tracking a diversified index of NVIDIA GPU rental prices with up to 10x leverage.
2. Injective Options goes live on testnet
Fully collateralized call options are now available, with initial markets focused on indices and commodities. Developers can also use the infrastructure to build their own white label options protocols.
3. Hacker House applications are open
Injective is bringing 20 teams to Bangkok from December 1–10 to build RWA, privacy and agentic applications. Partners include awscloud, Animoca Brands, SMBC Nikko, $TAO and Gulf Labs. Applications close November 10.
4. More activity across the ecosystem
The Community BuyBack has brought total $INJ burned close to 7.3 million. The first Stockdrop is also live, giving eligible participants access to tokenized stocks on @Solana Official .
The Trench Treasury acquired 5% of $RUNNER, while RunUp continues expanding its reach.
A few numbers worth noting:
- 2.3K code commits in 30 days, ranking #3 among L1s.
- $417M traded on Injective exchange dApps in seven days.
- $84.6B cumulative exchange volume.
- 12.7M USDC migrated to Injective.
There were also new developments around sLINJ on ChoiceXchange, private payments through TryNoxApp Pay Links, and more ways to use $INJ across the ecosystem.
AI compute got a market, and options followed a day later. That's the kind of progress worth paying attention to.
Builders, the Hacker House deadline is November 10. Start building and get your application in.
The Injective ecosystem keeps moving. 🥷
#injective #INJ #Web3 #defi #crypto
