Ornn AI is building the definitive marketplace for AI compute, transforming GPU resources from a volatile operational expense into a tradable, hedgeable, and investable asset class through institutional-grade financial infrastructure including cleared futures, options, and swaps. With credible spot price indices for GPU compute now established and major exchanges validating these product structures, Ornn provides standardized H100-equivalent GPU hour contracts that are cash-settled and centrally cleared, eliminating counterparty risk while ensuring regulatory compliance. Our phased roadmap begins with monthly futures and options, expands to continuous compute futures for simplified long-term hedging, and ultimately encompasses swaps, structured products, and new indices covering different hardware baskets and regions. Ornn solves critical market challenges by enabling AI companies to budget reliably for model training, helping cloud providers efficiently plan capital deployment, and giving institutional investors exposure to compute as a new asset class. By creating the first transparent forward price curve for compute and partnering with leading AI labs while distributing our data through major financial providers, Ornn is positioned to become the essential financial backbone of the artificial intelligence revolution.
H100 Monthly Forwards
Cash-settled futures contracts for H100 compute, priced per GPU-hour.
FAQ
> What is Ornn?
Ornn is an institutional-grade marketplace for standardized, cash-settled futures and derivatives contracts on GPU compute. We connect AI infrastructure buyers, capital providers, and cloud innovators to efficiently hedge, transfer, or invest in compute risk.
> Who can use Ornn?
Ornn is designed for financial institutions, cloud providers, hardware lenders, trading firms, and large enterprises seeking sophisticated risk management.
> How does Ornn make compute fungible for trading?
All Ornn contracts are standardized to represent one hour of H100-equivalent compute based on an independently maintained, transparent benchmark.
This ensures every contract settles to the same unit of value, providing reliable and globally recognized market fungibility regardless of hardware provider.
> Are contracts physically delivered or cash-settled?
All Ornn products are cash-settled. Settlement is based on our daily compute price index, calculated from a robust, transparent basket of market data.
> How is counterparty risk handled?
Ornn uses a central clearing model with full collateralization requirements, daily margining to ensure obligations are met, mitigation of counterparty risk, and increased capital efficiency for all participants.
> Can I customize risk transfer solutions?
Yes. In addition to standardized futures, Ornn supports structured and bespoke derivatives tailored to unique institutional exposures including options, collars, spread trades, and custom structured products.
Contact our structuring team to discuss your specific requirements.
> Who provides the underlying compute?
Ornn is not a cloud reseller or infrastructure provider. Our role is purely financial: we facilitate risk transfer and liquidity in compute pricing, referencing independently verified market rates.
> What are the regulatory implications?
Ornn is committed to rigorous compliance with derivatives and commodities regulations in all operating jurisdictions.
Institutional onboarding includes AML/KYC procedures, standardized counterparty agreements, and regulatory compliance documentation.
> Is there an API or integration for portfolio and risk teams?
Yes. Ornn provides advanced API access for seamless integration with trading systems, analytics platforms, portfolio management systems, and treasury management systems.
Request API documentation for technical specifications.
> How do I get started, and what are the onboarding requirements?
Reach out to our institutional coverage team. We support client onboarding for enterprises, funds, neocloud providers, and hardware lenders.
All onboarding includes streamlined documentation and dedicated technical support.
Writings
Connect with our team to request onboarding, review contract specs, or tailor structured solutions for your unique capital and risk needs.
Contact: kush@ornnai.com