#Injective Launches the First Onchain #NVIDIA GPU Derivatives Market!
@Injective $INJ has unveiled the world’s first onchain derivative tied to NVIDIA H100 GPU rental rates. For the first time ever, traders can get direct exposure to the rental rates of NVIDIA’s H100 GPUs, the chips powering today’s most advanced AI systems.
Powered by @Squaretower_, the market tracks real-time hourly rental costs of H100s across top compute providers, bringing the multi-billion dollar AI compute market fully onchain. This new financial primitive unlocks opportunities for hedging GPU costs, speculation and building new DeFi products tied to AI infrastructure.
The AI compute market is projected to surpass $280B in the next 5 years and Injective is bridging that growth with decentralized finance.
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