Benchmarks
Each contract settles on a named index series. Which series each contract uses is documented in the exchange terms. What is not documented here is how the series are built: the methodology version and exact configuration are not confirmed for any of the four.
| Series | Administrator | GPU | Contract · terms | Evidence |
|---|---|---|---|---|
| SD-H100Silicon Data H100 Rental Index | Silicon Data / Silicon Derivatives Inc. | H100 | GPU1New York Mercantile ExchangeFiled terms — approval pending | Series · S8Binding · S8 |
| SD-B200Silicon Data B200 Rental Index | Silicon Data / Silicon Derivatives Inc. | B200 | GPU2New York Mercantile ExchangeFiled terms — approval pending | Series · S8Binding · S8 |
| OCPI H100Ornn OCPI H100 | Ornn Data | H100 | HPRICE Futures U.S.Published specifications | Series · S6Binding · S6 |
| OCPI B200Ornn OCPI B200 | Ornn Data | B200 | BKLICE Futures U.S.Published specifications | Series · S7Binding · S7 |
Silicon Data H100 Rental Index
Silicon Data B200 Rental Index
Ornn OCPI H100
Ornn OCPI B200
The series label identifies the index named in each contract’s terms. It does not by itself specify form factor, geography, sampling or the methodology version used for settlement.
Two administrators, four series, one series per contract. Each relationship below links to the same evidence as the table.
Settlement benchmark relationships — Which index series each contract settles on, and who administers it
Settles on: SD-H100 · Silicon Data H100 Rental Index Series
Administered by: Silicon Data / Silicon Derivatives Inc.
Methodology version: Not confirmed Checked Oct 5 · S8
Exact configuration: Not confirmed Checked Oct 5 · S8
Settles on: SD-B200 · Silicon Data B200 Rental Index Series
Administered by: Silicon Data / Silicon Derivatives Inc.
Methodology version: Not confirmed Checked Oct 5 · S8
Exact configuration: Not confirmed Checked Oct 5 · S8
HPR · H100 · ICE Futures U.S. Binding
Settles on: OCPI H100 · Ornn OCPI H100 Series
Administered by: Ornn Data
Methodology version: Not confirmed Checked Oct 5 · S6
Exact configuration: Not confirmed Checked Oct 5 · S6
BKL · B200 · ICE Futures U.S. Binding
Settles on: OCPI B200 · Ornn OCPI B200 Series
Administered by: Ornn Data
Methodology version: Not confirmed Checked Oct 5 · S7
Exact configuration: Not confirmed Checked Oct 5 · S7
Methodology version and exact configuration are not confirmed for any of the 4 series.
Series for the same GPU model come from different administrators; their levels are not compared here.
Both series reference the NVIDIA H100. That does not make them the same measurement: they come from different administrators, and neither methodology version nor exact configuration is confirmed, so their levels, units and behaviour are not compared here.
Silicon Data / Silicon Derivatives Inc. · settles GPU1 on NYMEX
Cash-settled. Final settlement is the arithmetic mean of SD-H100 on-demand settlement prices over the business days of the contract month.
Filed in NYMEX 26-370 — approval pending; current applicability is not established by this snapshot.
Verified Oct 5 · S1 · S8Ornn Data · settles HPR on ICE Futures U.S.
Cash-settled. Final settlement is the average of daily OCPI H100 index prices over the contract month, built from hourly GPU prices as described by the exchange. Business- vs calendar-day treatment awaits methodology review.
Published product specifications.
Verified Oct 5 · S6 · S12Under clarification — the quotation section says per contract; the fluctuation section says per GPU-hour. Normalized unit withheld.
Checked Oct 5 · S6 · S12 · S17Both series reference the NVIDIA B200. That does not make them the same measurement: they come from different administrators, and neither methodology version nor exact configuration is confirmed, so their levels, units and behaviour are not compared here.
Silicon Data / Silicon Derivatives Inc. · settles GPU2 on NYMEX
Cash-settled. Final settlement is the arithmetic mean of SD-B200 on-demand settlement prices over the business days of the contract month.
Filed in NYMEX 26-370 — approval pending; current applicability is not established by this snapshot.
Verified Oct 5 · S2 · S8Ornn Data · settles BKL on ICE Futures U.S.
Cash-settled. Final settlement is the average of daily OCPI B200 index prices over the contract month, built from hourly GPU prices as described by the exchange. Business- vs calendar-day treatment awaits methodology review.
Published product specifications.
Verified Oct 5 · S7 · S13Under clarification — the quotation section says per contract; the fluctuation section says per GPU-hour. Normalized unit withheld.
Checked Oct 5 · S7 · S13 · S17Questions to put to any index methodology. They are not attributes recorded for these administrators; the answers for these four series are not confirmed in this snapshot.
Which GPU variant, memory, interconnect and server configuration does the index price?
Which regions or data centres are sampled, and are they weighted?
On-demand, reserved or contracted capacity — and over what commitment length?
Are spot or pre-emptible instances included alongside guaranteed capacity?
Which providers contribute, how prices are collected, and how outliers are handled.
Hourly or daily observations, and which days count toward the settlement average.
Which version governs settlement, and how changes are announced.
Each block lists the facts behind one displayed value and every source reference recorded for them. “Source-level locator” means no fact-specific position was recorded in this snapshot. How to read evidence
Series name
Verified Oct 5, 2026
Silicon Data H100 Rental Index
Supports this fact
Limitation
Filed terms are proposed terms while approval is pending. Initial schedule is not a verified current listing.
Series label
Verified Oct 5, 2026
SD-H100
Supports this fact
Limitation
Filed terms are proposed terms while approval is pending. Initial schedule is not a verified current listing.
Contract → series binding
Verified Oct 5, 2026
GPU1 settles on SD-H100
Supports this fact
Limitation
Filed terms are proposed terms while approval is pending. Initial schedule is not a verified current listing.
Methodology version
Not confirmed
Not confirmed
The exact benchmark configuration and the methodology version used for settlement are not confirmed for any of the four series.
Checked context — does not confirm a value
Limitation
Filed terms are proposed terms while approval is pending. Initial schedule is not a verified current listing.
Exact configuration
Not confirmed
Not confirmed
The exact benchmark configuration and the methodology version used for settlement are not confirmed for any of the four series.
Checked context — does not confirm a value
Limitation
Filed terms are proposed terms while approval is pending. Initial schedule is not a verified current listing.
Series name
Verified Oct 5, 2026
Silicon Data B200 Rental Index
Supports this fact
Limitation
Filed terms are proposed terms while approval is pending. Initial schedule is not a verified current listing.
Series label
Verified Oct 5, 2026
SD-B200
Supports this fact
Limitation
Filed terms are proposed terms while approval is pending. Initial schedule is not a verified current listing.
Contract → series binding
Verified Oct 5, 2026
GPU2 settles on SD-B200
Supports this fact
Limitation
Filed terms are proposed terms while approval is pending. Initial schedule is not a verified current listing.
Methodology version
Not confirmed
Not confirmed
The exact benchmark configuration and the methodology version used for settlement are not confirmed for any of the four series.
Checked context — does not confirm a value
Limitation
Filed terms are proposed terms while approval is pending. Initial schedule is not a verified current listing.
Exact configuration
Not confirmed
Not confirmed
The exact benchmark configuration and the methodology version used for settlement are not confirmed for any of the four series.
Checked context — does not confirm a value
Limitation
Filed terms are proposed terms while approval is pending. Initial schedule is not a verified current listing.
Series name
Verified Oct 5, 2026
Ornn OCPI H100
Supports this fact
Same reference family as S12 — one family, not independent confirmations.
Limitation
Quote denominator differs between quotation and fluctuation sections. Lower city-time table conflicts with explicit session text.
Series label
Verified Oct 5, 2026
OCPI H100
Supports this fact
Same reference family as S12 — one family, not independent confirmations.
Limitation
Quote denominator differs between quotation and fluctuation sections. Lower city-time table conflicts with explicit session text.
Contract → series binding
Verified Oct 5, 2026
HPR settles on OCPI H100
Supports this fact
Same reference family as S12 — one family, not independent confirmations.
Limitation
Quote denominator differs between quotation and fluctuation sections. Lower city-time table conflicts with explicit session text.
Methodology version
Not confirmed
Not confirmed
The exact benchmark configuration and the methodology version used for settlement are not confirmed for any of the four series.
Checked context — does not confirm a value
Same reference family as S12 — one family, not independent confirmations.
Limitation
Quote denominator differs between quotation and fluctuation sections. Lower city-time table conflicts with explicit session text.
Exact configuration
Not confirmed
Not confirmed
The exact benchmark configuration and the methodology version used for settlement are not confirmed for any of the four series.
Checked context — does not confirm a value
Same reference family as S12 — one family, not independent confirmations.
Limitation
Quote denominator differs between quotation and fluctuation sections. Lower city-time table conflicts with explicit session text.
Series name
Verified Oct 5, 2026
Ornn OCPI B200
Supports this fact
Same reference family as S13 — one family, not independent confirmations.
Limitation
Quote denominator differs between quotation and fluctuation sections.
Series label
Verified Oct 5, 2026
OCPI B200
Supports this fact
Same reference family as S13 — one family, not independent confirmations.
Limitation
Quote denominator differs between quotation and fluctuation sections.
Contract → series binding
Verified Oct 5, 2026
BKL settles on OCPI B200
Supports this fact
Same reference family as S13 — one family, not independent confirmations.
Limitation
Quote denominator differs between quotation and fluctuation sections.
Methodology version
Not confirmed
Not confirmed
The exact benchmark configuration and the methodology version used for settlement are not confirmed for any of the four series.
Checked context — does not confirm a value
Same reference family as S13 — one family, not independent confirmations.
Limitation
Quote denominator differs between quotation and fluctuation sections.
Exact configuration
Not confirmed
Not confirmed
The exact benchmark configuration and the methodology version used for settlement are not confirmed for any of the four series.
Checked context — does not confirm a value
Same reference family as S13 — one family, not independent confirmations.
Limitation
Quote denominator differs between quotation and fluctuation sections.
Final settlement rule
Verified Oct 5, 2026
Cash-settled. Final settlement is the arithmetic mean of SD-H100 on-demand settlement prices over the business days of the contract month.
Supports this fact
Limitation
Filed terms are proposed terms while approval is pending. Initial schedule is not a verified current listing.
Settlement type
Verified Oct 5, 2026
Cash
Supports this fact
Limitation
Filed terms are proposed terms while approval is pending. Initial schedule is not a verified current listing.
Specification basis
Site classification · verified Oct 5, 2026
Filed in NYMEX 26-370 — approval pending; current applicability is not established by this snapshot.
Supports this fact
Limitation
Filed terms are proposed terms while approval is pending. Initial schedule is not a verified current listing.
Supports this fact
Limitation
Does not establish a production execution.
Final settlement rule
Verified Oct 5, 2026
Cash-settled. Final settlement is the average of daily OCPI H100 index prices over the contract month, built from hourly GPU prices as described by the exchange. Business- vs calendar-day treatment awaits methodology review.
The exact benchmark configuration and the methodology version used for settlement are not confirmed for any of the four series.
Supports this fact
Same reference family as S12 — one family, not independent confirmations.
Limitation
Quote denominator differs between quotation and fluctuation sections. Lower city-time table conflicts with explicit session text.
Supports this fact
Same reference family as S6 — one family, not independent confirmations.
Limitation
PDF displayed date 2026-10-05 is not treated as a rule effective date; shares source family with S6.
Settlement type
Verified Oct 5, 2026
Cash
Supports this fact
Same reference family as S12 — one family, not independent confirmations.
Limitation
Quote denominator differs between quotation and fluctuation sections. Lower city-time table conflicts with explicit session text.
Supports this fact
Same reference family as S6 — one family, not independent confirmations.
Limitation
PDF displayed date 2026-10-05 is not treated as a rule effective date; shares source family with S6.
Specification basis
Verified Oct 5, 2026
Published product specifications.
Supports this fact
Same reference family as S12 — one family, not independent confirmations.
Limitation
Quote denominator differs between quotation and fluctuation sections. Lower city-time table conflicts with explicit session text.
Supports this fact
Same reference family as S6 — one family, not independent confirmations.
Limitation
PDF displayed date 2026-10-05 is not treated as a rule effective date; shares source family with S6.
Normalized quote unit
Under clarification
Withheld
ICE’s specification quotes the price in US dollars per contract in one section and gives a minimum fluctuation of 0.001 US dollars per GPU-hour in another. It points to a table in “Resolution 1 to this Chapter 34”, but ICE Futures U.S.’s rulebook chapter list, as checked on Oct 5, 2026, names Chapter 34 “OKX Futures”, so the intended resolution is unresolved. The normalized quote unit, trade-type tick rules and tick value are withheld until the exchange rule or an ICE clarification states them.
Checked context — does not confirm a value
Same reference family as S12 — one family, not independent confirmations.
Limitation
Quote denominator differs between quotation and fluctuation sections. Lower city-time table conflicts with explicit session text.
Checked context — does not confirm a value
Same reference family as S6 — one family, not independent confirmations.
Limitation
PDF displayed date 2026-10-05 is not treated as a rule effective date; shares source family with S6.
Checked context — does not confirm a value
Limitation
Static HTML exposed only the Energy Forms tab. A headless-browser render (2026-10-05 21:30 UTC) showed the first page of Rule Filings (100 titles, Mar 2 – Oct 5, 2026; titles only) and the Rulebook chapter list. No title on that page mentions compute, Ornn, OCPI or GPU, and the chapter list names Chapter 34 “OKX Futures”. Later pages and generic filings were not opened, so this is not an exhaustive filing search.
Recorded conflict between sections
Verified Oct 5, 2026
Under clarification — the quotation section says per contract; the fluctuation section says per GPU-hour. Normalized unit withheld.
Supports this fact
Same reference family as S12 — one family, not independent confirmations.
Limitation
Quote denominator differs between quotation and fluctuation sections. Lower city-time table conflicts with explicit session text.
Supports this fact
Same reference family as S6 — one family, not independent confirmations.
Limitation
PDF displayed date 2026-10-05 is not treated as a rule effective date; shares source family with S6.
Final settlement rule
Verified Oct 5, 2026
Cash-settled. Final settlement is the arithmetic mean of SD-B200 on-demand settlement prices over the business days of the contract month.
Supports this fact
Limitation
Filed terms are proposed terms while approval is pending. Initial schedule is not a verified current listing.
Settlement type
Verified Oct 5, 2026
Cash
Supports this fact
Limitation
Filed terms are proposed terms while approval is pending. Initial schedule is not a verified current listing.
Specification basis
Site classification · verified Oct 5, 2026
Filed in NYMEX 26-370 — approval pending; current applicability is not established by this snapshot.
Supports this fact
Limitation
Filed terms are proposed terms while approval is pending. Initial schedule is not a verified current listing.
Supports this fact
Final settlement rule
Verified Oct 5, 2026
Cash-settled. Final settlement is the average of daily OCPI B200 index prices over the contract month, built from hourly GPU prices as described by the exchange. Business- vs calendar-day treatment awaits methodology review.
The exact benchmark configuration and the methodology version used for settlement are not confirmed for any of the four series.
Supports this fact
Same reference family as S13 — one family, not independent confirmations.
Limitation
Quote denominator differs between quotation and fluctuation sections.
Supports this fact
Same reference family as S7 — one family, not independent confirmations.
Limitation
PDF displayed date varies by generation (2026-10-04 at the original snapshot check; 2026-10-05 in the 2026-10-05 21:28 UTC retrieval). It is a generation date, not a publication or rule effective date; shares source family with S7.
Settlement type
Verified Oct 5, 2026
Cash
Supports this fact
Same reference family as S13 — one family, not independent confirmations.
Limitation
Quote denominator differs between quotation and fluctuation sections.
Supports this fact
Same reference family as S7 — one family, not independent confirmations.
Limitation
PDF displayed date varies by generation (2026-10-04 at the original snapshot check; 2026-10-05 in the 2026-10-05 21:28 UTC retrieval). It is a generation date, not a publication or rule effective date; shares source family with S7.
Specification basis
Verified Oct 5, 2026
Published product specifications.
Supports this fact
Same reference family as S13 — one family, not independent confirmations.
Limitation
Quote denominator differs between quotation and fluctuation sections.
Supports this fact
Same reference family as S7 — one family, not independent confirmations.
Limitation
PDF displayed date varies by generation (2026-10-04 at the original snapshot check; 2026-10-05 in the 2026-10-05 21:28 UTC retrieval). It is a generation date, not a publication or rule effective date; shares source family with S7.
Normalized quote unit
Under clarification
Withheld
ICE’s specification quotes the price in US dollars per contract in one section and gives a minimum fluctuation of 0.001 US dollars per GPU-hour in another. It points to a table in “Resolution 1 to this Chapter 34”, but ICE Futures U.S.’s rulebook chapter list, as checked on Oct 5, 2026, names Chapter 34 “OKX Futures”, so the intended resolution is unresolved. The normalized quote unit, trade-type tick rules and tick value are withheld until the exchange rule or an ICE clarification states them.
Checked context — does not confirm a value
Same reference family as S13 — one family, not independent confirmations.
Limitation
Quote denominator differs between quotation and fluctuation sections.
Checked context — does not confirm a value
Same reference family as S7 — one family, not independent confirmations.
Limitation
PDF displayed date varies by generation (2026-10-04 at the original snapshot check; 2026-10-05 in the 2026-10-05 21:28 UTC retrieval). It is a generation date, not a publication or rule effective date; shares source family with S7.
Checked context — does not confirm a value
Limitation
Static HTML exposed only the Energy Forms tab. A headless-browser render (2026-10-05 21:30 UTC) showed the first page of Rule Filings (100 titles, Mar 2 – Oct 5, 2026; titles only) and the Rulebook chapter list. No title on that page mentions compute, Ornn, OCPI or GPU, and the chapter list names Chapter 34 “OKX Futures”. Later pages and generic filings were not opened, so this is not an exhaustive filing search.
Recorded conflict between sections
Verified Oct 5, 2026
Under clarification — the quotation section says per contract; the fluctuation section says per GPU-hour. Normalized unit withheld.
Supports this fact
Same reference family as S13 — one family, not independent confirmations.
Limitation
Quote denominator differs between quotation and fluctuation sections.
Supports this fact
Same reference family as S7 — one family, not independent confirmations.
Limitation
PDF displayed date varies by generation (2026-10-04 at the original snapshot check; 2026-10-05 in the 2026-10-05 21:28 UTC retrieval). It is a generation date, not a publication or rule effective date; shares source family with S7.
