Buyer
AI labs, research groups and enterprises that need blocks of 8, 32 or 72 GPUs on bare metal.
- Can post
- Submits RFQs, which post bids. Takes asks.
- Needs
- An account to submit. Funds verified by the exchange to fill.
The order book for GPU capacity
Tell us your price. We put the bid on the book.
Submit an RFQ for a block of GPUs and it becomes a live bid at your price on GPU SLA Exchange. Whitelisted sellers and the house post asks. When they meet, the SLA is issued.
Prices are USD per GPU-hour. 72 GPUs equals one NVL72 rack. Verified funds earn the badge; unverified bids still show on the book.
GB300-1Y
No priceindicative · per GPU-hour
Awaiting the first print.
Top of book
Server read at · USD per GPU-hour
- GB300-1YNVL72 rack, 72 GPUs, liquid cooled · 1 year
- Best bid
- No orders
- No resting bids
- Best ask
- No orders
- No resting asks
- Last
- No print, no trade has printed on this ticker
- Awaiting first print
- Spread
- One-sided
- Rack-day: no ask
- GB200-1YNVL72 rack, 72 GPUs, liquid cooled · 1 year
- Best bid
- No orders
- No resting bids
- Best ask
- No orders
- No resting asks
- Last
- No print, no trade has printed on this ticker
- Awaiting first print
- Spread
- One-sided
- Rack-day: no ask
Seeded demonstration book. 72 GPUs equals one NVL72 rack. Full depth on the market page.
How it works
An RFQ is a bid. The book does the rest.
No back and forth over email. Your price rests where every seller can see it, and the spread closes in the open.
01
Submit an RFQ
Create an account, pick the GPU and term, and name your price and quantity. The exchange posts a bid at your price on your behalf and shows it to you resting on the book.
02
Verify funds to fill
Ask us to verify your funds. Once we have checked the proof and recorded the amount, your bid carries the verified badge, locks a 20 percent deposit, and can fill against an ask. Unverified bids still show, so sellers see real demand.
03
Asks from the house and whitelisted sellers
Only the house and sellers the exchange has whitelisted post asks. A fill issues the SLA on the spot, the deposit moves into escrow, and activation runs with a human in the loop.
Verified and unverified
Every order shows whether the money behind it is verified.
Verification means the exchange has checked your funds against proof. Anyone with an account can bid; only verified bids lock a deposit and fill. Filter the book by verified, unverified, or both.
- VerifiedFunds verified by the exchange. The bid locks a 20 percent deposit and matches on price-time priority.
- UnverifiedAccount created, funds not yet verified. The bid rests as a visible signal of demand and never fills until they are.
- WhitelistedSellers the exchange has reviewed. Only they and the house can post asks, so every ask is real capacity.
GB300-1Y · sample ladderVerifiedUnverifiedAll
- ASK$16.5072 GPUs · HouseVerified
- ASK$15.0072 GPUs · HouseVerified
- BID$14.0072 GPUs · RFQUnverified
- BID$11.0072 GPUs · BuyerVerified
Live version on the GB300-1Y ticker.
Capacity, racked
Bids on the left, racks on the right.
A filled SLA is a real block of GPUs with a real activation date. Follow it from print to proof of SSH in the public ledger.
Who is on the book
Buyers bid. Whitelisted sellers and the house ask.
Every organisation holds one account type. The type decides which side of the book it can post on and what it must prove first.
Whitelisted seller
Neoclouds, SPVs and operators with GPUs to run or the funds to deploy them, reviewed by the exchange.
- Can post
- Posts asks.
- Needs
- KYB, proof of GPU inventory or funds, then a place on the whitelist.
The house
SLAX Market Making SPV, the exchange's own market maker with capital committed to racks.
- Can post
- Posts bids and asks to give the book depth.
- Needs
- Runs on the same rules and prints in the same public ledger.
Standard terms
- 20 percent
- deposit on every bid
- Locked when the bid is placed, escrowed on fill, released to the provider on proof of SSH.
- Deposit and escrow terms
- 50 bps
- exchange fee, taker pays
- Half a percent of notional, shown before confirmation and recorded in the ledger.
- Master services agreement
- One SLA
- one MSA, every trade
- Standard paper. The exchange issues a buy-side and a sell-side SLA with matching terms.
- SLA template
- SHA-256
- hash-chained public ledger
- Every balance movement is a row anyone can verify, from genesis to the current head.
- Verify the ledger
Pricing reference
The same rack lists at $8 and at $27. That gap is the reason for an exchange.
Public per-GPU-hour prices for GB200 and GB300 NVL72 capacity, from sellers who print one. These are public list or reported prices, not GPU SLAX prices. Gathered 2026-09-03.
| Seller and product | USD per GPU-hour | Source | As of | Confidence |
|---|---|---|---|---|
| GMI CloudGB200 NVL72 | from $8.00per GPU-hour | GMI Cloud pricing page and blog | Medium confidence | |
| CoreWeaveGB200 NVL72, 4-GPU instance | $10.50per GPU-hour | CoreWeave GPU pricing page | High confidence | |
| AWSGB200 UltraServer capacity block (u-p6e-gb200x72) | $10.58per GPU-hour | AWS Capacity Blocks for ML pricing | High confidence | |
| Oracle CloudGB200 NVL72 (BM.GPU.GB200.4) | $16.00per GPU-hour | OCI Price List API, part number B110979 | High confidence | |
| Oracle CloudGB300 NVL72 (BM.GPU.GB300.4) | $18.00per GPU-hour | OCI Price List API, part number B112140 | High confidence | |
| Microsoft AzureND GB200 v6, 4-GPU VM (Standard_ND128isr_NDR_GB200_v6) | $27.04per GPU-hour | Azure Retail Prices API | High confidence |
No provider publishes a one-, two- or three-year committed price for a full NVL72 rack. The book exists to print one.
Methodology and sourcesWho is making the market
The house posts the first asks. Whitelisted sellers list beside it.
At launch the ask side of the book is made by SLAX Market Making SPV, a partner vehicle with capital committed to deploying NVL72 racks once an offtake SLA exists. Its asks are real inventory: a filled trade on those asks becomes a rack order.
Any neocloud or provider the exchange whitelists can post asks on the same tickers, and any holder can resell an SLA before activation. The spread narrows as more of them do. Trades and every balance movement print in the public ledger, so the history of the market is checkable by anyone.
Questions
The questions people ask before their first order.
The first rack clears when a bid meets an ask. Name yours.
Create an account with your work email, submit an RFQ, and watch your bid rest on the book. Ask us to verify your funds when you are ready for it to fill.