Shanghai Futures Exchange, CME Group, and Intercontinental Exchange are building derivatives markets for AI tokens and GPU futures

Shanghai Futures Exchange is currently designing a derivatives market for AI tokens, while CME Group and Intercontinental Exchange (owner of the NYSE) are separately working on launching futures contracts for renting GPUs, according to Reuters.

According to AI Mining Co., which tracks GPU rental pricing across 28 marketplaces and cloud providers, median prices for Nvidia H100 GPUs ranged from $1.40 to $4.27 per hour across 13 marketplaces, while average H200 GPU prices were between $2.34 and $5 per hour across 10 marketplaces. Over the past seven days, average H100 prices ranged from $2.79 to $3.33 per hour.

Major AI companies price enterprise plans in tokens: OpenAI charges $5 per million input tokens and $30 per million output tokens for its GPT-5.5 API model. A derivatives market tied to AI token pricing would give businesses, investors, and data center operators a way to hedge against compute costs.