About Carry

Market infrastructure for the intelligence economy.

Carry publishes the benchmark for the price of AI inference and is building markets for compute and inference, so the companies that produce and use intelligence can manage what it costs.

Our principlesContact us
Our mission

AI is the newest commodity in the world.

AI compute and inference are becoming commodities in their own right, much as oil and electricity did before them. The hyperscalers, data centres and companies that produce and use them deserve the tools those markets rely on: a trusted price, and a way to manage it.

Carry is building those tools. We publish independent benchmarks for the price of AI inference, and we are building derivatives on compute, inference and GPUs, connected to the wider commodity markets, for institutions and individuals alike.

Our principles

Six principles, one market.

The ideas that shape every benchmark we publish and every market we build.

I

AI inference, compute and infrastructure, one integrated market.

Data centres and the materials behind them provide the capacity, compute turns it into processing power, and inference delivers it as answers, code and analysis. Carry brings all three into one integrated market.

II

Operational exposure, precisely hedged.

Data centres, GPU owners and the companies building with AI each carry real price exposure in their operations. Our products are designed to track what they actually pay and earn, so their hedges work as intended.

III

Market infrastructure, for producers and consumers.

Carry serves both sides of the AI economy: those who produce compute and inference, and those who consume it, with the transparency and sound rules that lasting markets rely on.

IV

Trusted benchmarks, globally accessible.

Carry's benchmarks are governed, published every day, and open to participants around the world, from global institutions to individual traders.

V

Verifiable reference prices.

Our indices are built from prices that vendors publish themselves, under a methodology approved and overseen by an index governing board. Each day's values are published automatically by that approved process.

VI

Differentiated indices, deep global liquidity.

Each Carry index measures something distinct, from the price of inference at constant capability to the realised cost the market pays, so participants everywhere can meet at the reference that fits their exposure.

What we believe

The standards we hold.

01

Open access

AI and commodity markets should be open to everyone, everywhere.

02

Users first

Every decision we make starts with the people who use the market.

03

Global by design

Infrastructure that serves participants on every continent.

04

Built to last

The rigour of market infrastructure, in everything we publish and build.

How we are building

Two parts, one market.

A trusted reference price, and the market where participants manage their exposure to it.

For institutionsCarry IndicesBenchmarks, market data and risk managementFor tradersCarry ExchangeTrade on the Carry terminal and mobile apps
Connect

Talk to the team.

Live support

In-app live chat for trading and account help, available 24/7.

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Careers

Interested in building lasting market infrastructure with us? Tell us about yourself.

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