The homepage calls the LCI "a daily reference price for A100, H100, H200, B200, and B300s" and the request forms call them "The US indices Liquid Compute publishes", yet no public page shows a single value, chart, history or methodology: "See current pricing" leads to the login page and /trade-indices is a form. Meanwhile the company's October 20 CFTC letter says the reference index is the main manipulation risk and asks for executed-transaction inputs, IOSCO-based governance and contributor thresholds. Silicon Data is distributed on Bloomberg and Refinitiv, and Ornn says its index updates hourly from settled trades. Right now a trader, lender or journalist can't check or quote the LCI without signing up, so it can't become the price people use.
First action
Choose the delay (T+1) and write the methodology page from the CFTC letter's own recommendations.
How to measure it
Access requests from /index
- Now
- –
- Target
- 40 a month
- By
- 90 days
Steps
Set the policy
Decide the public delay, which GPUs are public and what stays in paid data plans.
CEO and Co-Founder 1 day
Write the methodology
Inputs, executed-transaction share, contributor minimums, weighting, governance and restatements, matching the CFTC letter.
Senior Research Engineer 1 week
Legal review
Disclaimers and wording given the pending DCM and DCO applications.
Legal counsel 3 days
Build the pages
/index and one page per GPU with chart, CSV and Dataset markup.
Web engineer 1 week
Link it everywhere
Homepage Data block, Trade button, product page and LCI mentions in Insights.
Chief Product Officer 1 day
Pitch the print
Send the page to reporters and analysts who cover compute prices, with citation rules.
Head of Go-to-Market 2 weeks
Measure
Visits, citations, backlinks and access requests from /index.
Chief Product Officer monthly
Why it works
Publish /index with the five GPU prints on a one-day delay, a 90-day chart per GPU, a methodology page (inputs, executed-transaction share, contributor minimums, weighting, governance, restatement and error policy), a CSV of daily history and simple citation rules ("Source: Liquid Compute Index, T+1"). Keep live and intraday data, API access and contract-level detail behind login for paid market-data plans. Link it from the homepage Data block, the Trade button and every Insights post that mentions the LCI, and give each GPU its own indexable URL (for example /index/h100).
An index wins by being quoted. A public delayed print gives the press, analysts and AI assistants a number to cite with a link, lets counterparties check the desk's quotes before they call, and shows in public the standards the CFTC letter asks for. Delayed public prints with paid real-time access is the usual model for benchmarks, so it should not cost data revenue.
Ready to use
ChecklistPublic index page launch list
[ ] /index with A100, H100, H200, B200 and B300 prints (T+1) [ ] One URL per GPU with a 90-day chart [ ] Methodology: inputs, executed-transaction share, contributor minimums, weights [ ] Governance, restatement and error policy [ ] Daily CSV download and citation rules [ ] Legal disclaimer reviewed [ ] Linked from homepage, Trade button, product page and Insights [ ] Access-request CTA tagged "from index"
Risks and how to handle them
Free prints reduce paid data demand
Keep the delay, intraday data, API and contract-level detail paid.
Thin transaction counts are exposed
Publish contributor and transaction counts honestly; that is the standard the letter asks of everyone.
Evidence
- Your websiteHomepage (checked November 9, 2026): "Compute has a price. Now it has a market."; the Liquid Compute Index (LCI) is "a daily reference price for A100, H100, H200, B200, and B300s"; the exchange and clearinghouse are "coming soon" and hedges go through the OTC desk; Buy, Sell, Trade and Finance buttons; "What We're Seeing" shows posts from October 20, 14 and 8; no customer logos, funding or volume figures; Services and GPU testing are linked only in the footer.Source
- Your websiteTrade indices page: a request form only; its Indices field calls A100, H100, H200, B200 and B300 "The US indices Liquid Compute publishes", but no index value, chart, methodology, history or download appears on any public page checked (November 9, 2026).Source
- Your websiteProduct page: "Priced. Matched. Delivered."; standard contracts for A100, H100, H200, B200 and B300, "priced per GPU-hour, so offers compare across sellers", running month-to-month or for a fixed term; the "See current pricing" button leads to the login page; no fees or prices are shown.Source
- Your websiteCFTC comment letter (dated October 20, 2026): treats the reference index as the main manipulation risk; recommends executed transactions as index inputs, IOSCO-based governance, minimum transaction and contributor thresholds, and no index administrator trading contracts on its own index; the authors are "not aware of any" compute price reporting agency under "an external assurance regime"; PMEX Markets, Inc. has applied for DCM designation and PMEX Clearing, Inc. for DCO registration, and PMEX "intends to operate under the name Liquid Compute".Source
- Competitor researchSilicon Data's homepage lists H100, H200, A100, B200, B300 and MI300X indices "Built to financial-index standards and distributed on the Bloomberg and Refinitiv", claims "Over 3.5 million datapoints", sells benchmarking, forecasting and datasets, and offers a newsletter sign-up.Source
- Competitor researchOrnn's homepage: "The market for compute. The index for intelligence."; "Settled trades from partners build the Ornn Compute Price Index. Updated hourly"; quotes from ICE and Kalshi on using its index; compute contracts "from an hour to multiple years".Source