Luxor AI Compute Derivatives
We pioneered the compute derivatives market
Luxor built the first tradable market in ASIC compute and has since transacted over $500 million of compute derivatives with more than 120 institutional counterparties. We are now building and trading in the AI compute market.
OTC compute derivatives traded
>$500mm
Institutional market participants
120+
Compute Markets
Compute Needs Better Hedging Tools
As compute becomes a commodity, markets need better tools to hedge risk, manage exposure, and trade future value.
Compute Price Volatility
GPU-hour rates and token prices are highly volatile, exposing producers and consumers to swings that hedging can convert into locked-in revenue certainty.
Alternative to Bare-Metal
Financiers require long-term revenue certainty, usually through offtake agreements that cost Neoclouds their upside. Token factories guarantee a base level of monetization while keeping upside exposure.
Deep Liquidity
Liquidity allows all market participants to add or reduce exposure as market conditions change.
Luxor Offer
Luxor's Compute Market Offering
Market Making Desk
Luxor's compute trading desk provides timely two-sided markets, deep liquidity, and ability to price both vanilla and complex structures.
OTC Compute Derivatives
Forwards, swaps, options and bespoke structures on compute, financially or physically settled, governed under CFTC and ISDA regulation.
Risk and Liquidity Solutions
GPU depreciation is real, utilization is never guaranteed, and financing requires certainty. Luxor builds structures that protect downside exposure, guarantee residual value, and support non-dilutive financing.
Compute Data
Reference prices, forward curves, historical data, and mark-to-market settlement prices.
Looking for a quote?
Tell us what you are long or short — GPU-hours, capacity, hardware residuals, contracted revenue — and we will come back with a structure and a price.