The RunUp project has launched the first perpetual treasury on the Injective blockchain for its RUNNER token. The treasury opened with a position of $9,086 in INJ at 2x leverage. Profits generated from these trades are designated for the buyback and burning of RUNNER tokens.
Trades are executed through Injective’s Request for Quote system. The treasury receives 15% of launch capital once the token reaches a fully diluted valuation of approximately $81,000, while 85% is allocated to liquidity. The total supply of RUNNER is capped at 1 billion tokens.
RunUp launched on October 1, 2026, following a whitelist phase that included 333 spots and attracted between 10,000 and 15,000 sign-ups. The project received approval through Injective governance proposal #704, which authorized the Native Factory and Native Treasury contracts.
