On Tuesday, the Injective team announced via X that it has launched its TradFi Tech Stock Index. This onchain index perpetual tracks $QQQ, composed of the 100 largest non-financial companies on the NASDAQ.
Major companies in the TradFi Tech Index include Apple, Broadcom, Meta, Netflix, and several others. Key features of this index include 24/7 access and up to 25x leverage. The index is available now on Helix, Injective's premier DEX.
Injective is an open, interoperable layer-one blockchain for building powerful DeFi applications. Injective uniquely provides plug-and-play financial infrastructure primitives, such as a high-performance on-chain decentralized exchange infrastructure, decentralized bridges, oracles, and a composable smart contract layer with CosmWasm. INJ is trading at $8.84, down 1% in the last 24 hours.