Regulated exchange where neoclouds, AI companies, and traders buy, sell, and settle GPU compute capacity.
Liquid Compute built the venue on its founders' insight that compute should trade like a grid rather than a conventional commodity market. The exchange standardizes contracts for GPU capacity and makes that capacity transferable through a physical order book, with its PMEX Markets venue pending designation as a contract market and PMEX Clearing pending registration by the CFTC.
Its mechanism differs from cloud marketplaces that only route rentals: verification, clearing, settlement, and price discovery sit inside one venue. The exchange targets neoclouds, AI companies, and traders buying and selling computing capacity.
Compute Exchange
Bilateral GPU Capacity Forward
compute.exchange
Inferra
GPU-hour Index Perpetual
inferra.trade
Intercontinental Exchange
Ornn OCPI Compute Futures
theice.com
CME Group
Silicon Data B200 Rental Index Futures
cmegroup.com
| Attribute | Compute Capacity Exchange | Bilateral GPU Capacity Forward | GPU-hour Index Perpetual | Ornn OCPI Compute Futures | Silicon Data B200 Rental Index Futures | |
|---|---|---|---|---|---|---|
| Provider | | | | | | |
| Founded | 2024 | — | — | 2000 | — | |
| Ownership | Venture-backed | — | — | Private equity-backed | — |
Provider
Founded 2024
Ownership Venture-backed
Provider
Founded —
Ownership —
Provider
Founded —
Ownership —
Provider
Founded 2000
Ownership Private equity-backed
Provider
Founded —
Ownership —
Verified-counterparty venue trading GPU hardware, reserved rental, and forward contracts.
Compute Desk GPU compute futures financially settle against Compute Desk's blended GPU price indexes on Nodal Exchange.
Silicon Data compute futures are cash-settled contracts on Silicon Data GPU benchmarks, launched with CME Group.
Ornn Compute connects GPU capacity buyers with infrastructure operators for flexible compute access.
Weekly market for dedicated H100 GPU capacity, reserved and priced by exact calendar week.
Ornn GPU compute futures are cash-settled, USD-denominated contracts on OCPI, launched with ICE.
On-demand NVIDIA GPU rental across certified data centers with per-minute billing.
CoreWeave GPU Compute is CoreWeave's dedicated GPU infrastructure offering for large-scale AI training and inference workloads.
Verified-counterparty venue trading GPU hardware, reserved rental, and forward contracts.
Compute Desk GPU compute futures financially settle against Compute Desk's blended GPU price indexes on Nodal Exchange.
Silicon Data compute futures are cash-settled contracts on Silicon Data GPU benchmarks, launched with CME Group.
Ornn Compute connects GPU capacity buyers with infrastructure operators for flexible compute access.
Weekly market for dedicated H100 GPU capacity, reserved and priced by exact calendar week.
Ornn GPU compute futures are cash-settled, USD-denominated contracts on OCPI, launched with ICE.
On-demand NVIDIA GPU rental across certified data centers with per-minute billing.
CoreWeave GPU Compute is CoreWeave's dedicated GPU infrastructure offering for large-scale AI training and inference workloads.