Posts
avatar

Injective News Summary for October: Injective continues to solidify its position as an onchain infrastructure for Traditional Finance (TradFi), Real-World Assets (RWA), and the AI economy. Key developments from the official @injective account and media include: Launch of the Super Intelligence Compute Index ($SICI): an index tracking the rental prices of five NVIDIA GPUs (H100 40%, B200 25%, H200 15%, A100 10%, RTX 4090 10%), traded as a perpetual contract with up to 10x leverage. Shortly after, Injective Options launched on testnet (fully collateralized calls) to hedge compute costs, the index, and commodities. Open registration for the first Hacker House in Bangkok (Dec 1–10), targeting 20 teams building applications in RWA, privacy, and agentic AI, with partners including AWS, Animoca Brands, SMBC Nikko, $TAO, and Gulf Labs. Deadline: Nov 10. Community Buyback completed, burning nearly 7.3 million injective-protocol:native tokens. First Stockdrop live, enabling users to receive tokenized shares (e.g., Nvidia, Tesla…) on Solana. Trench Treasury purchased 5% of the $RUNNER supply from runupdotfun. sLINJ (Staked Looped INJ) is live on ChoiceXchange (MidasRWA), targeting an APY of approximately 12%. Statistics: ~$417M 7-day trading volume on dApp exchanges; cumulative volume ~$84.6B; 2,300 code commits in 30 days (ranked #3 L1); $12.7M USDC transferred to Injective. Regulatory & Institutional Progress: CEO Eric Chen met with officials from the White House, SEC, and CFTC on tokenization and onchain finance; registered a transfer agent with the SEC; submitted multiple ETF applications (21Shares, Canary Staked INJ ticker INJC, REX-Osprey); CEO expects listings before 2027; MiCA whitepaper published in the EU; plans to tokenize a ~$10B real estate portfolio (Pentiv/Pineapple); Gulf Labs (part of Thailand’s GULF Group) serving as an institutional validator; ongoing efforts related to the Korean won and >$1B in onchain RWA. While the broader crypto market remains cautious, Injective stands out through its institutional narrative combined with AI compute and RWA.

This content is for informational and educational purposes only. It may include third-party insights, sponsored content, or promotional material for which the creator may receive compensation. Nothing in this feed constitutes investment advice or a guarantee of returns. You are solely responsible for your own investment decisions. Always conduct your own research and exercise caution before trading. We do not guarantee the accuracy of third-party information and are not liable for any losses incurred. Past performance is not indicative of future results. Please refer to our Community Terms and Risk Disclosure Statement for details.

avatarPost your reply

Comment