Compute price indices and futures
Benchmark GPU-hour prices and exchange-cleared futures on them, so labs, neoclouds and lenders can hedge compute costs and rental income.
capabilityEmerging Open on the map →
Facts
- Lane
- Finance and capital allocation
- Wave
- 3 of 12 (build order, not a date)
- Needs
- 5 boxes all the way back through hard links
- Unlocks
- 0 boxes downstream through hard links
- Leverage
- None
- Cluster
- Oversight and alignment
- Found by
- financial plumbing for new assets lens
Evidence as of October 2026
ICE and Ornn announced H100-to-B200 compute futures on 19 May 2026 and CME slated NYMEX H100 and B200 rental-index futures for 5 Oct 2026, both pending approval; no trading volumes were confirmed.
Around it
Needs · 1
Unlocks · 0
Nothing further on the map.
Loops and off-ramps
Openings researchers' judgement, October 2026 scouting
Startup room 39/100 · rank 71 of 124 Research room 39/100 · rank 92 of 124
- Depth
- light
- Players
- CME + Silicon Data ($30.5M A); ICE + Ornn ($33M seed, a16z crypto); Nodal Exchange + Compute Desk; American Compute; GetDeploying/gpuinstances trackers
- Wedge
- Quality-adjusted (hedonic) compute price indices and basis-risk models that map a neocloud's actual fleet and contracts onto exchange settlement indices that disagree by about 8x. research