Injective launches onchain futures market tracking Nvidia GPU rental costs
Summary
Injective has introduced a new onchain futures market that monitors the rental expenses of five Nvidia graphics processing units. This financial product enables leveraged trading and gives market participants a way to hedge against price volatility within the artificial intelligence computing sector.
The new index tracks rental prices for five Nvidia GPUs, offering leveraged trading and potential hedging against fluctuations in AI computing costs.
Source: Read the full story at Cointelegraph.com News
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