Injective Launches On-Chain Options Testnet for Indices and Commodities

Injective Deploys On-Chain Options Infrastructure on Testnet Across Six Markets

Tokenpost.kr reported that Injective released an on-chain options infrastructure named “Injective Options” to its testnet, featuring six initial markets that support both call and put options. The system relies entirely on native USDC for collateralization across all available trading pairs.

Indices and Commodities Fueling the Initial Testnet Phase

Injective designated SICI, US500, US Tech, gold, silver, and crude oil as the initial six markets in an official social media post published on October 27, 2026. US500 and US Tech track the top 500 American corporations and top 100 technology enterprises respectively. The platform announcement omitted specific details regarding contract expiration dates, strike prices, premium calculations, and final settlement procedures.

SICI functions as an index tracking the hourly rental rates of five distinct NVIDIA ($NVDA) GPUs. The index composition breaks down into 40% for H100 units, 25% for B200 processors, 15% for H200 chips, 10% for A100 accelerators, and 10% for GeForce RTX 4090 cards. LO:TECH’s Compute Index powers the underlying index calculations.

Mainnet Deployments and Leverage Terms

Injective deployed SICI to its mainnet on October 26, 2026, ahead of the testnet options rollout. SICI perpetual contracts utilize USDC as margin and permit up to 10x leverage. Tokenpost.kr noted that these margin and leverage conditions apply strictly to the existing mainnet perpetual contracts and do not reflect the trading parameters for the newly launched testnet options.

Infrastructure Utility and Unresolved Timelines

Developers can leverage this infrastructure to build independent exchanges or derivative protocols, while institutional entities can design bespoke derivatives and hedging products, according to Injective’s system overview. The platform did not disclose any actual integration partners or participating institutional clients, nor did it announce a definitive mainnet release schedule for the six-market options suite.

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Sophie Lin - Technology Editor

Sophie is a tech innovator and acclaimed tech writer recognized by the Online News Association. She translates the fast-paced world of technology, AI, and digital trends into compelling stories for readers of all backgrounds.

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