The capital markets layer
for AI compute.

Turning GPU capacity into fungible, tradable tokens.

RCI · $ per GPU-hour

/ OUR VISION /

Making computefungible & tradable.

/ HOW IT WORKS /

From compute to market.

01

Pledge & Mint

Turn GPU capacity into compute tokens.

02

Trade & Redeem

Trade the tokens or use them for compute.

03

Benchmark

Turn market data into regional price benchmarks.

01 — PLEDGE & MINT

Turn GPU capacity into compute tokens.

Operators pledge GPUs into partner data centres, where the pool mints compute tokens hourly. Each cT represents one GPU-hour backed by a real machine.

cT GPUs Partner pool Compute tokens
02 — RAX COMPUTE MARKET

Redeem or trade cT.

Redeem cT for the compute you need, or buy and sell it freely on the market. RAX dispatches and delivers.

Open orders1 cT = 1 GPU-hour · 3 of 41
LotRegion pref.Origin$/cT
2,400 cTH100 class · operator saleJohor, MYPrimary$3.12Buy
800 cTH100 class · plans changedTokyo, JPResale$3.15Buy
1,600 cTH100 class · operator saleMumbai, INPrimary$3.10Buy
03 — RAX REGIONAL COMPUTE INDEX

A regional price, built to be used.

A shared regional benchmark for compute buyers, operators, traders and trading venues.

Buyers

Compare compute prices by region, GPU model and tenor.

Operators

Use regional benchmarks to inform capacity pricing.

Traders

Follow regional compute prices to inform trading decisions.

Venues

A benchmark designed for settlement in derivatives and prediction markets.

HOW IT FITS TOGETHER

Each product strengthens the next.

Pledge & Mint RAX Compute Market RAX Regional Compute Index Creates supply Feeds the index Guides pricing
Backed by
HashKey CapitalFBG CapitalHailstone LabsDePIN X Capital

Join the Compute Economy

Operators, traders and institutions — build the regional price for compute with us.