Injective Launches Futures Market Tied to Nvidia GPU Rental Prices
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Injective has introduced an onchain futures market linked to an index of rental prices for five Nvidia GPUs.
Injective has launched an onchain futures market that tracks Nvidia GPU rental costs, according to Cointelegraph.
The market uses a new index covering rental prices for five Nvidia GPUs. It gives traders leveraged exposure to changes in those computing costs.
The contracts could also serve as a hedging tool for participants seeking to offset fluctuations in the cost of computing resources used for artificial intelligence.
Source: Cointelegraph
