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Turning AI Inference
Into a Traded Market
Mercatus runs the first forward market for AI inference tokens. Buy at spot, or lock your price up to twelve months out with physically-delivered monthly contracts. Open 24/7.
Our Mission
Give Inference a Price You Can Plan Around
Inference has become a real line item, but it still gets priced like a utility bill. Every vendor sets its own rate per million tokens, changes it without notice, and offers nothing to hedge against. Teams building on AI carry that exposure with no way to price it.
We build the market layer underneath. Spot and forward order books, contracts that deliver actual capacity on expiry, and public indices anchoring both — so the cost of inference is something you can quote, hedge, and commit to.
Spot Market
Buy inference tokens at the current market price on a live order book
Forward Market
Monthly contracts up to twelve months out, with limit orders
Price Indices
Public GPU and token benchmarks across 30+ providers
Physical Delivery
Contracts settle into real capacity, callable from one API key
Our Values
What Drives Us
Transparency First
We believe compute pricing should be open and accessible. Every data point on our platform is sourced, timestamped, and verifiable.
Community Driven
Our prediction markets and knowledge base are powered by collective intelligence. The community validates, contributes, and benefits.
Global Access
AI compute shouldn't be gatekept. We're building tools that let anyone — from solo developers to enterprises — access and trade compute efficiently.
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Mercatus Compute
Mercatus Compute is an AI infrastructure company deploying open-source models at scale and providing enterprise-grade compute solutions.