Liquid Compute
Liquid Compute is building a regulated exchange that treats GPU compute capacity as a transferable financial asset, with a physical order book, verification, clearing, and settlement. The platform supports spot trading, an OTC desk, and physical delivery of contracted capacity, with a pending CFTC designation for its PMEX Markets subsidiary. It also publishes the Liquid Compute Index, a daily reference price for GPUs including A100, H100, H200, B200, and B300 models.
- Commerce & Shopping
- Financial Technology
- Software Only
Funding
Raised to date
$500KRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Founder details are not available yet.
Product
Problem
AI companies and neoclouds face fragmented, illiquid markets for buying and selling compute capacity, with no standardized venue for price discovery, verification, or settlement. This opacity makes capacity hard to trade, finance, or hedge, leaving buyers and sellers exposed to counterparty risk and inefficient pricing.
Solution
Liquid Compute is building a regulated exchange that treats compute capacity as a transferable financial asset. The platform operates a physical order book where GPU capacity can be bought and sold with exchange-level verification, clearing, and settlement. This infrastructure supports spot trading and lays the groundwork for derivatives markets, allowing participants to hedge future compute needs. Through its PMEX Markets subsidiary, the company is pursuing CFTC designation as a designated contract market and registration as a derivatives clearing organization, aiming to bring institutional-grade regulatory oversight to compute trading.
Target Audience
Primary customers are neocloud providers, AI companies with significant GPU needs, trading firms seeking compute exposure, and lenders looking to finance against contracted capacity.
Features
- Physical order book enabling transparent, transferable trading of GPU compute capacity
- Exchange services including verification, clearing, settlement, and price discovery
- Liquid Compute Index (LCI), a daily reference price for A100, H100, H200, B200, and B300 GPUs
- OTC desk for hedging compute costs and facilitating large trades
- Derivatives market infrastructure built on top of the spot order book for hedging and speculation
- PMEX Markets subsidiary pending CFTC designation as a DCM and registration as a DCO
- Physical delivery of contracted capacity with facilitated transfer of compute ownership
- Financing options including lending against contracted compute
- Onboarding forms supporting multiple workflows: buy/sell compute, trade indices (long/short), and finance compute purchases