Neocloud & exchange · spot · futures · 24/7 settlement

The global exchange for AI compute.

Exascale is the exchange where data centers sell capacity, labs buy it, and traders make the market — one liquid venue for GPU spot, futures, and compute credits.

34,120GPUs in network
13Data center partners
12 bpsMedian H100 spread
H100-SXM · US-EASTLIVE
2.1440USD / GPU-hr▲ 1.83%

Bids

Asks

Built to clear capacity across the world’s clouds & neoclouds

The market

A single order book for the world’s compute.

GPU capacity used to be traded in year-long contracts negotiated in the dark. Exascale turns it into a live, transparent market — one price, continuously discovered, across every facility and region. Read the temperature of demand, and act on it in seconds.

H100-SXM · quoted by regionclearing 2.1440 USD/GPU-hr
Hover a region to inspect its spread and basis

Three sides of the market

Everyone who moves compute, in one venue.

01 / SUPPLY
Data centers & neocloud operators

Sell every idle kilowatt.

List spare capacity the moment it frees up and let the market price it. Turn stranded power and dark racks into continuous, metered revenue.

  • Per-second metering & payout
  • Proof-of-capacity attestation
  • Dynamic pricing by region & SKU
02 / DEMAND
AI enterprises & frontier labs

Buy exactly what you need.

Provision training and inference capacity at the market clearing price — no year-long lock-ins, no idle reservations. Burst on spot, secure runs on futures.

  • Instant multi-region provisioning
  • Lock forward price & capacity
  • One settlement account, any partner
03 / LIQUIDITY
Traders & market makers

Trade compute as an asset.

Make markets, arbitrage regional price gaps, and hedge exposure with GPU futures and compute credits. Deep books, tight spreads, T+0 settlement.

  • Spot, futures & options
  • Fungible, transferable credits
  • FIX / REST / WebSocket APIs

Instruments

Every way to price a FLOP.

From burst-now spot to quarters-out futures, Exascale lists the full curve — settled in a single fungible unit of account.

Spot

Buy compute now

Immediate provisioning priced per GPU-hour, matched at the best available bid or ask.

Settle T+0 · from $1.98/hr
Futures

Lock the curve

Fix price and reserved capacity weeks to quarters forward. Hedge training runs against demand spikes.

Q3–Q2 tenors · cash or physical
Credits

TeraCredits (TC)

The exchange's fungible settlement asset — one TC = one standardized GPU-hour, transferable across partners.

Escrowed · 1 TC = 1 GPU-hr
Options

Right to burst

Buy the option, not the obligation, to call reserved capacity when your queue spikes. Premium-priced.

European & American style

Settlement pipeline

Order to settlement in one continuous loop.

A real matching engine, not a marketplace listing. Orders cross, capacity provisions on partner metal, usage meters per-second, and funds clear same-day.

01

Order

Post a bid or ask to the central book via console or API.

~2 ms ack
02

Match

The engine crosses orders at best price, price-time priority.

< 1 s match
03

Provision

Winning capacity is allocated on the partner facility's metal.

30–90 s spin-up
04

Meter

Usage is metered per-second on an auditable settlement ledger.

1 s resolution
05

Settle

Funds clear T+0; credits reconcile against escrow automatically.

T+0 clearing

By the numbers

Liquidity you can size a run against.

13
Data center partners
34,120
GPUs in network
99.5%
SLA uptime, trailing 12 mo
8
Regions live

Clearing & custody

Exascale stands in the middle of every trade.

As central counterparty, Exascale novates each match, escrows credits, and guarantees settlement — so a lab never fronts capital to an operator it doesn’t know, and an operator is always paid for metered work. Capacity is verified by cryptographic proof-of-capacity attestations pulled directly from partner facilities.

SOC 2 Type IIISO 27001Central counterparty (CCP)Segregated escrowProof-of-capacity
Matching engineOperational
Settlement ledgerOperational
Facilities attested24 / 24
Escrow reserve ratio104.2%
Last audit2026-Q2

Live order book

Depth you can read at a glance.

Every resting bid and ask on H100-SXM, cumulative by price. Hover the curve to inspect the book — price, size, and distance from mid.

Bids 5,259 Asks 6,746
H100-SXM · US-EAST · cumulative GPU-hr
mid 2.1440
43.8% bid / 56.2% ask · book imbalance

The exchange, end to end

Everything a venue needs to be trusted.

24 facilities

Capacity across eight regions and four continents.

Every accelerator

H100, H200, B200, GB200, MI300X and TPU v5p on one book.

Deep order books

Continuous two-sided markets with tight, quoted spreads.

T+0 settlement

Same-day clearing, netted and settled in TeraCredits.

Segregated escrow

Counterparty funds held apart and reserved per trade.

Per-second metering

Usage billed to the second on an auditable ledger.

Proof-of-capacity

Cryptographic attestations pulled from partner metal.

Programmable

REST, a WebSocket feed, and a FIX 4.4 gateway.

Request access

Bring your side of the market to Exascale.

Onboarding for data-center operators, AI enterprises, frontier labs, and trading desks. Access is granted in rolling cohorts.