An exchange for compute

The market for GPU hours.

Compute powers everything. Now give it a market. Capped options on compute, memory and storage — with your downside defined up front.

Defined risk. Real hardware. A different asset class.
GPUX / USDG
Illustrative · not live
2.311↗ 3.12%per CU-hour
JANAPRJULOCT
Strike
2.05
Cap
2.60
Premium
0.141
Explore this capped call
01 / The markets

The building blocks
of intelligence.

Three indices for the hardware economy. Take a view on the cost of compute, the memory behind a model, or the storage behind its data.

GPUX

USDG / CU-hour
2.311↗ 3.12%

Compute

A proposed index for GPU capacity, expressed in normalized compute units.

RAMX

USDG / GB
4.266↗ 2.41%

Memory

A basket of memory prices. Exposure to the hardware every model needs.

NANDX

USDG / GB
0.0418↘ 0.96%

Storage

NAND flash pricing, from enterprise drives to the components inside them.

Illustrative prices and charts. No live market feed is connected.

02 / The contract

Know your downside.
Before you trade.

A capped spread, not an open-ended bet. Pay the premium up front. That is the most you can lose; the cap sets the most the contract can pay.

A capped GPUX call

Interactive example
Capped call profit and loss Maximum loss is 0.141 USDG below the strike of 2.05. Profit rises above the strike to a maximum of 0.409 USDG at the cap of 2.60. 0 −0.141 +0.409 Strike · 2.05 Cap · 2.60 Profit after premium
1.7002.950
Your profit / loss+0.120 USDG

Illustrative, per contract. Profit = capped payout − premium, excluding fees. This is a simulation, not a trade.

Strike
2.05

The contract starts paying when the settlement price moves above this level.

Cap
2.60

Payout stops growing here. The maximum gross payout is 0.550 USDG.

Premium
0.141

Paid up front. Your maximum loss — no additional margin to post.

Maximum gain
0.409

Cap minus strike minus premium. Defined before the position opens.

Risk is a design decision

Nothing to liquidate.

Writers reserve for their worst-case payout. Buyers risk only their premium. The engine checks the reserve before accepting a quote — not after the market moves.

Reserved before the trade.Illustrative sleeve
Total assets1,842,000Worst-case payout1,390,444Uncommitted451,556
03 / Settlement

Take the payout.
Or take the compute.

The proposed settlement model connects a financial position to a physical resource. Settle in USDG, or route an eligible position into compute delivery.

A / Cash settlement

Claim in USDG.

Your capped payout is determined by the finalized index price and paid from the writer sleeve’s reserve.

A financial view on the hardware economy
B / Physical settlement

Turn a position into hours.

An eligible in-the-money contract is burned and its cash claim held in escrow. Verified delivery pays the node; failed or expired delivery refunds the buyer.

A route from market exposure to useful compute
01 Position enters escrow02 Compute delivery is attested03 Funds release or refund

Product architecture preview. Live compute delivery is not available on this site.

04 / The proposed network token

A network for the
compute economy.

A network built around hardware needs decisions about its markets, its pricing sources and its future. Trion’s network token is proposed; governance and economics remain under development.

Market governancePricing sourcesNetwork participation