RunUp has launched the first perpetual treasury on Injective for its RUNNER token, opening with a $9,086 INJ position at 2x leverage, with all profits designated for buyback and burning of RUNNER tokens. The project launched on October 1, 2026 with a total supply capped at 1 billion tokens, allocated across whitelist participants, public bonding curve, liquidity pool, and airdrop. Governance approval came through Proposal #704. For RUNNER holders, the direct link between INJ price action and RUNNER supply creates a mechanism where rising prices could fund buybacks while falling prices could leave the treasury with nothing to burn, with 2x leverage sharpening the impact of INJ volatility.
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