No positions in the markets we measure BY 07:30 ET
CCIR Compute Credit
Index Research

Reference Rates for the Compute Market

Built to be cited: series IDs, public methodology, published daily across chips and deployment classes.

On-demand · US & EU USD/GPU-hr · daily · 2026-09-20 print
Silicon HyperscalerNeocloudMarketplace
B300 7.67 7.42
B200 14.24 6.69 6.79
H200 10.30 4.29 4.52
H100 11.25 3.37 3.19
A100 4.45 1.74 1.43
Series & stat
CRI-T1/T2/T3-{CHIP}-ALL-GTD-OD-ALL · headline = panel mean at n ≥ 10, else median · hover a rate for its full series id, stat, IQR and panel depth · same US & EU scope as /rates
Committed term structure →
Interruptible Full rate ladder →
On-demand · US & EU USD/GPU-hr · daily · 2026-09-20 print
Silicon HyperscalerNeocloudMarketplace
B300 4.42
B200 3.87
H200 6.68 2.52
H100 2.79 2.15
A100 2.56 1.14
Series & grade
CRI-T1/T2/T3-{CHIP}-ALL-INT-OD-ALL · same panel construction as the guaranteed ladder, second grade: revocable occupancy (the operator may reclaim the capacity) · em dash = below the publication floor · no ratio between the two ladders is printed — the panels differ in composition
All interruptible series →
All chips →

The guaranteed grade prices committed capacity. The interruptible grade prices spare capacity. Same silicon, same panel construction, published as separate grades, never blended.

Financing Credit GPU-backed debt as filed — 237 instruments tracked, $48B secured directly by the GPUs. Credit tracker → Residual Hardware Model-implied value of a deployed GPU, from CCIR's own rates, checked against executed sales and posted asks. Hardware values → Tokens Token Index An index of posted token prices weighted by traffic, with the frontier and open-weight record beside it. Token index → Data Explorer Every published series by chip, segment, tenor, and region. Series explorer →

CCIR publishes citable reference series from observed prices and holds no positions in the markets it measures. Citing a series, or interested in a data partnership? Get in touch →