Bitget brings computing power into the contract market, how does the "new oil" of the AI era move towards financialization?

Computing Power is Becoming the "New Oil" of the AI Era. In the industrial age, whoever controls oil controls the pulse of economic growth. In the AI era, what truly drives everything is computing power. Large model training, real-time inference, generative applications… behind every second of intelligence are hundreds or thousands of high-end GPUs running continuously. As computing power becomes increasingly scarce and prices fluctuate more dramatically, a brand new financial instrument has emerged—Computing Power Futures.
It is quietly transforming the most core production factor of AI into a tradable, hedgeable, and allocatable asset.

What are Computing Power Futures?

Computing Power Futures, simply put, are derivatives based on GPU leasing prices. They do not deliver real machines but instead allow the market to price and trade "how expensive future computing power will be" through standardized indices.

Just as crude oil futures enable global price discovery for oil supply and demand, computing power futures allow the market to begin pricing the true costs of AI infrastructure.

When training a large model can consume tens of millions or even hundreds of millions of dollars in computing power costs, this price fluctuation is no longer a "technical detail," but a tangible business risk and investment opportunity. Computing power is the new oil of the AI era. And computing power futures are a key step in turning this "new oil" into a tradable asset.

Bitget is the First to Put the "New Oil" in the Hands of Ordinary People

On September 8, 2026, Bitget officially launched the industry's first pre-market perpetual contracts for retail users—H100 USDT and B200 USDT.

These two contracts are respectively pegged to the GPU leasing price indices of NVIDIA H100 and the next-generation Blackwell B200, quoted in "USD/per GPU hour." You do not need to purchase any graphics cards or rent any servers; you can directly trade the rise and fall of global AI computing power rents, with up to 10x leverage, USDT settlement, and 24/7 trading.

In the past, only cloud vendors, supercomputing centers, and large AI companies could participate in the price game of computing power; now ordinary traders can easily join. This is not just "another contract launched," but the first true financialization of the core production materials of the AI era.

What Exactly Do the H100 / B200 Indices Track?

These two indices are published by the professional data agency Silicon Data and are currently the most recognized benchmarks for GPU leasing prices in the market:

• H100 Index: Reflects the standardized average hourly leasing cost of the mainstream training and inference card H100.

• B200 Index: Reflects the standardized average hourly leasing cost of NVIDIA's latest generation Blackwell B200.

Data is sourced from real quotes from multiple cloud service providers and computing power suppliers, and standardized for specifications, lease terms, regions, and other factors. It aims to restore the true supply and demand relationship in the market, rather than the internal prices of a single platform.

Trading these two contracts essentially means trading the question of "how expensive global high-end computing power is."

What Does Cash Settlement Mean?

Unlike many traditional commodity futures, computing power futures use pure cash settlement. Upon expiration or closing, no one will deliver a bunch of graphics cards to your home, nor will you be required to take over servers in a data center. The system simply settles profits and losses in USDT based on the difference between the contract price and the index price. This means:

Lower thresholds, simpler operations, better liquidity, and more suitability for the 24/7 trading environment inherent to cryptocurrencies. What you are truly trading is "price opinions," not "physical assets."

How is it Different from Crude Oil and Crypto Futures?

It has the "infrastructure attributes" of crude oil futures, along with the flexibility and efficiency of crypto perpetuals. In short: it allows ordinary traders to directly participate in the pricing of the underlying costs of AI for the first time.

What Exactly Are You Trading with Computing Power Futures?

You are trading:

• Expectations of the rise and fall of global high-end GPU leasing prices.
• Changes in the supply and demand relationship of AI computing power.
• Cash profits and losses settled in USDT.
• Judgments on "how expensive future computing power will be."

You are not trading:

• Real H100 or B200 graphics cards.
• Data center cabinets or electricity.
• Any physical assets that require operation and delivery.
• The delivery pressure of traditional futures.

You are buying opinions, not machines.

Frequently Asked Questions

Q: Why should ordinary people pay attention to computing power futures?

Because AI has already penetrated almost every industry. The rising cost of computing power will ultimately be transmitted to AI service prices, technology company profits, and even related concept assets. Directly trading computing power prices is more precise than indirectly speculating on concepts.

Q: How is it different from directly buying NVIDIA stock?

Stocks are influenced by multiple factors such as valuation, performance, and sentiment; computing power futures more purely track GPU leasing supply and demand. The two are related but not completely synchronized.

Q: Is the risk high?

Where there is leverage, there is risk. It is recommended to reasonably control positions and treat computing power futures as a tool for expressing opinions, not gambling.

Q: Will there be more related products in the future?

It is highly likely. As the AI computing power market matures further, more GPU models and longer-term contracts may emerge. This is just the beginning.

Conclusion

From oil to computing power, humanity has always transformed the most critical production factors into tradable assets. When computing power becomes the "new oil" of the AI era, those who can participate in its price discovery early often see the direction of trends sooner.

The H100 and B200 computing power perpetual contracts launched by Bitget have truly put this opportunity in the hands of retail traders for the first time.