The compute derivatives marketplace.
Ontyr (on-TEER) routes RFQs for compute derivatives to competing liquidity providers, connecting hedging demand with sell-side liquidity.
Every GPU-hour carries price risk. Hedge it.
- 01Prices move
GPU-hour prices move fast, and AI budgets and neocloud revenues move with them.
- 02Benchmarks are standardized
Futures track a high-level benchmark. Real rental deals differ by region, provider, utilization and terms, and that gap is basis. Forwards and swaps hedge it precisely.
- 03Seek liquidity with Ontyr
Institutional-size risk trades by RFQ, not on screen. Futures and options are blocked to an exchange. Forwards, swaps and basis are agreed OTC, then held bilaterally or given up to a prime broker.
From request to committed quote.
- 01Request
Send an RFQ for a future, forward, swap, option or basis contract.
- 02Route
Ontyr routes it to compute liquidity providers.
- 03Price
Liquidity providers price the risk and respond.
- 04Commit
Choose the best quote and commit.
One touch point for compute risk.
- →User-side hedgers
An AI company locks in a forward price for 10,000 H100 GPU-hours next quarter, protecting its margins against rising compute prices.
- →Supplier-side hedgers
A neocloud enters a swap on 100,000 GPU-hours, receiving fixed and paying floating, locking in revenue against falling prices.
- →Dealers
One touch point for clients’ bespoke compute risk, with competing liquidity behind every request.
Help shape the market from day one.
We’re inviting a group of compute providers, dealers, derivatives exchanges and prime brokers.