TYCOVINPhysical Economy TerminalConnecting to Hyperliquid…
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World view · live

The physical cost of AI, mapped and priced in real time

Chips, data centres, electricity and the chokepoints that connect them. Select a place on the map to see the live markets tied to it.

Hsinchu, Taiwan

AI infrastructure pulse

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Power pulse

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WTI crude oil

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Natural gas

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Copper

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Compute

What an hour of AI compute costs

There is no single public price for GPU time yet. Trackers disagree, and that gap is the opportunity: a trusted benchmark.

H100 rental price, by tracker

US dollars per GPU-hour · reported snapshots, not live
$0$1$2$3$4Ornn Compute Price Index$1.70Silicon Data neocloud index$2.53Median H100 rental price$3.25
The highest reading is 1.9x the lowest for the same chip. A trusted, transparent index is the first product Tycovin aims to own.
  1. Ornn Compute Price Index: $1.70/hr, reported in AI Weekly, 14 Jul 2026
  2. Silicon Data neocloud index: $2.53/hr, reported in Implicator, 29 Jul 2026
  3. Median H100 rental price: $3.25/hr, reported in Implicator, 29 Jul 2026

Live compute markets on Hyperliquid

Chipmakers, memory, servers, cloud and neoclouds · perpetual futures, updated live
MarketPrice24hOpen interest24h volume
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Power

Electricity is the other half of compute

Without power there is no compute. These are the grids where AI data centres cluster, the live fuel markets behind them, and the power companies traders use to express a view.

HubGrid / marketWhy it mattersLive price feed
Northern VirginiaPJM (US)The largest data-centre market in the worldPlanned · PJM Data Miner
TexasERCOT (US)Fast-growing AI campuses; volatile real-time pricesPlanned · ERCOT public API
DublinSingle Electricity Market (Ireland)Grid capacity limits new data centresPlanned · SEMO market data
NordicsNord PoolHydro and cool climate draw energy-hungry sitesPlanned · Nord Pool day-ahead
Amsterdam & FrankfurtEPEX Spot / ENTSO-E (EU)Core European cloud and network hubsPlanned · ENTSO-E Transparency
SingaporeUSEP (Singapore)South-east Asia’s main hub, space and power constrainedPlanned · EMC Singapore
TokyoJEPX (Japan)Japan’s largest data-centre marketPlanned · JEPX spot prices
Abu DhabiLimited public pricing (UAE)Gulf AI campuses backed by cheap energyNo open spot market

Fuel and energy markets

Live on Hyperliquid where listed
  • Natural gasNatural gas
    —Not listed
  • WTI crude oilWTI crude oil
    —Not listed
  • Brent crude oilBrent crude oil
    —Not listed
  • UraniumUranium
    —Not listed

Power companies supplying AI

Utilities, nuclear and grid equipment · perpetual futures, updated live
MarketPrice24hOpen interest24h volume
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Players

Who builds the AI economy, worldwide

Key companies across the stack, from chip design to power. Markets marked live trade on Hyperliquid today.

44 companies · 0 live on Hyperliquid
CompanyCountryLayerHyperliquid marketPrice24h
NvidiaUnited StatesChip designNot listed——
AMDUnited StatesChip designNot listed——
BroadcomUnited StatesChip designNot listed——
QualcommUnited StatesChip designNot listed——
ArmUnited KingdomChip designNot listed——
HuaweiChinaChip designPrivate company——
TSMCTaiwanFoundryNot listed——
Samsung ElectronicsSouth KoreaFoundryNot listed——
IntelUnited StatesFoundryNot listed——
SMICChinaFoundryNot listed——
ASMLNetherlandsEquipmentNot listed——
Applied MaterialsUnited StatesEquipmentNot listed——
Lam ResearchUnited StatesEquipmentNot listed——
Tokyo ElectronJapanEquipmentNot listed——
SK HynixSouth KoreaMemoryNot listed——
MicronUnited StatesMemoryNot listed——
Super MicroUnited StatesServers & networkingNot listed——
DellUnited StatesServers & networkingNot listed——
Arista NetworksUnited StatesServers & networkingNot listed——
MicrosoftUnited StatesHyperscalersNot listed——
AmazonUnited StatesHyperscalersNot listed——
AlphabetUnited StatesHyperscalersNot listed——
MetaUnited StatesHyperscalersNot listed——
OracleUnited StatesHyperscalersNot listed——
AlibabaChinaHyperscalersNot listed——
TencentChinaHyperscalersNot listed——
CoreWeaveUnited StatesNeocloudsNot listed——
NebiusNetherlandsNeocloudsNot listed——
LambdaUnited StatesNeocloudsPrivate company——
CrusoeUnited StatesNeocloudsPrivate company——
EquinixUnited StatesData centresNot listed——
Digital RealtyUnited StatesData centresNot listed——
G42United Arab EmiratesData centresPrivate company——
VistraUnited StatesPower & energyNot listed——
Constellation EnergyUnited StatesPower & energyNot listed——
NextEra EnergyUnited StatesPower & energyNot listed——
GE VernovaUnited StatesPower & energyNot listed——
OkloUnited StatesPower & energyNot listed——
CamecoCanadaPower & energyNot listed——
OpenAIUnited StatesAI labsNot listed——
AnthropicUnited StatesAI labsNot listed——
xAIUnited StatesAI labsNot listed——
Mistral AIFranceAI labsPrivate company——
DeepSeekChinaAI labsPrivate company——

The seven systems

The whole physical economy, one system at a time

Compute and power are covered in depth today. The other systems show headline prices now and gain depth as Tycovin expands.

In depth

Compute

Chips, memory, GPU rental and data centres.

Waiting for live data
In depth

Energy & power

Electricity for data centres, plus oil, gas and uranium.

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Next

Logistics

Container freight, shipping lanes and ports. Freight markets are planned.

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Headline

Materials

Copper, lithium, rare earths and steel.

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Headline

Food & agriculture

Grains and fertiliser.

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Headline

Money flows

Currencies, especially emerging markets.

Waiting for live data
Planned

Climate & carbon

Carbon credits and weather.

Waiting for live data