The Global Standard for Compute Indices & Volatility
Track the true pulse of the AI economy. Monitor market-cap weighted indices, analyze forward curves, and measure volatility risk premiums across all major GPU architectures.
Global Compute Index (GCI)
Market-cap weighted aggregate of the compute market.
Methodology Summary
The Definitive Benchmark for the AI Economy. The A1 Global Compute Index (GCI) is engineered to be the industry's most reliable and transparent barometer for global GPU compute pricing. By tracking the real-time spot cost of the world's most sought-after hardware, it provides a unified reference rate for the infrastructure powering artificial intelligence.
Strict Inclusion Criteria
To eliminate pricing noise and illiquidity, the index only includes ultra-liquid assets supported by a minimum of 3 institutional-grade providers and sustaining at least $1,000,000 in daily spot volume. If an asset can't be reliably sourced, it doesn't make the cut.
Volume-Weighted Precision
Instead of arbitrary equal weighting or a single-day snapshot, components are strictly volume-weighted based on their average daily volume over the preceding quarter to reflect sustained market demand and economic throughput.
Forward-Looking Rebalancing
The AI landscape moves at lightning speed. The index undergoes a rigorous quarterly rebalancing schedule to seamlessly incorporate next-generation architectures (like Blackwell) while phasing out obsolete hardware, ensuring the benchmark remains state-of-the-art.
Historical Anchoring
Incepted on July 1, 2026 with a standardized base value of 1,000.00, the index provides a clean, easily trackable baseline for institutional investors, arbitrageurs, and cloud aggregators to measure compute inflation and volatility.
Family Level GPU Indices
Methodology
Spot Index: The family-level spot index aggregates the Volume-Weighted Average Price (VWAP) for all underlying configurations within a specific GPU generation. The index reflects a dynamic volume-weighting of liquidity across providers for that specific chip architecture.
Volatility Index: Implied Volatility is forecasted based on the trailing Variance Risk Premium against the 30-day realized historical volatility. Both the 30-Day Realized Volatility and Implied Volatility are plotted to illustrate the current volatility risk premium (VRP).
Forward Curve: The real-time forward curve represents the pricing term structure for a given GPU family. The Term Rate curve (solid line) plots the locked-in price across different commitment lengths (e.g., 1-year, 3-year), while actual market data points are highlighted. The Implied Forward Rate (dashed line) computes the instantaneous forward rate based on the term structure.