Perp City has launched $IMI, the Internet Meltdown Index, a perpetual market tracking the internet's cybersecurity risk. The index rises with more security breaches and falls when reporting is quieter. Its inputs include CVE/NVD vulnerabilities weighted by CNA/CISA severity, CISA known exploited vulnerabilities plus public exploit code, emergency security alerts, malicious package downloads via OSV, and certificate authority failures. The market runs on Arbitrum, and the post invites users to trade and join Telegram for updates. Community replies express support with "gPerp" and similar remarks.

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