Arthur Hayes Proposes AI Compute Futures and Options Market on Flop Network
Current overview (not historical)
Arthur Hayes has proposed a derivatives market for AI computing power built on his Flop Network platform. The plan introduces quarterly options contracts denominated in USD but priced using the FLOP token from the Flop Network blockchain, alongside perpetual futures that track hourly funding rates. Hayes further argued that if Flop becomes the payment network for AI agents, the FLOP-to-compute rate would serve as a global benchmark for AI compute spot prices, with pricing derived from the delivery of inference tasks.
Written with AI from the reporting · updated 10/27/2026
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- 1Unclassified fact stationOct 26, 00:00recorded Oct 27, 11:04single source
Arthur Hayes 发布 AI 算力期货蓝图
Read original source ↗ BeInCryptoReplay this moment in the explorerEvidence & revisions · 1 source records
- Subject：
- Arthur Hayes
- Action：
- 发布 AI 算力期货和永续合约方案
- Object：
- AI 算力衍生品
- Occurred (fact side)：
- Oct 26, 00:00
- Published (valid side)：
- Oct 27, 10:30
- First seen (known side)：
- Oct 27, 11:04
Fact stationSingle source · one-sided claimCopy may have been revised later; time replay is bounded. Layer labels group reading only, not causation between layers.
- 2Unclassified fact stationOct 25, 00:00recorded Oct 27, 21:11single sourcerevised
Hayes details FLOP's AI compute derivatives vision
Read original source ↗ CointelegraphReplay this moment in the explorerEvidence & revisions · 1 source records
- Subject：
- Arthur Hayes
- Action：
- shared new details about the Flop Network
- Object：
- AI computing power
- Occurred (fact side)：
- Oct 25, 00:00
- Published (valid side)：
- Oct 27, 21:01
- First seen (known side)：
- Oct 27, 21:11
Fact stationSingle source · one-sided claimRevisedCopy may have been revised later; time replay is bounded. Layer labels group reading only, not causation between layers.
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- CointelegraphRelated fact: single sourceSource report revisedArthur Hayes details Flop Network vision to tokenize AI computing power after altcoin sale
Report first recorded Oct 27, 21:11
Former BitMEX co-founder Arthur Hayes proposes a system where AI computing power is measured per inference task and priced in Flop (FLOP) tokens, aiming to create a global benchmark for AI compute. He argues this would enable a liquid spot market and derivatives, citing BCG's projection that AI compute could reach $2.3 trillion by 2030. Flop Labs is developing a network for AI agents to pay for computing and decentralized memory services.
Read original source ↗ - BeInCryptoRelated fact: single sourceArthur Hayes proposes AI compute futures and perpetual swaps benchmarked to Flop Network
Report first recorded Oct 27, 11:04
Former BitMEX co-founder Arthur Hayes proposes quarterly futures and perpetual swaps on AI compute, using the Flop Network's hourly compute rate as the benchmark. The contracts would be margined in dollars despite being priced in the network's native token FLOP. Hayes argues that current compute pricing is fragmented across chip rentals and model-specific rates, and his proposed Flop Reference Compute Rate aims to create a unified index for derivatives. The Flop Network testnet has no confirmed launch date, with genesis targeted for Q1 2027.
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