DexeteraDexetera
The marketplace for risk

Hedge theunhedgeable.

Create a futures market on any number you can measure, trade it long or short in USDC, and let public data settle it.

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Dexetera logoDexetera
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PRICE-EGGS$2.72GPU-H100$2.00ERCOT-N$38.40
0xdda4…12b4
ExampleOct 1 to Oct 16
PORTFOLIO VALUE
$345,398.34+4.8%+$15,840.00
PRICE-EGGS$2.72+0.77%GPU-H100$2.00+1.20%ERCOT-N$38.40+1.12%
OCT 1OCT 4OCT 7OCT 10OCT 13OCT 16
MarketSideEntryMarkP&L
PRICE-EGGSLong$2.69$2.72+$500.00
GPU-H100Short$2.06$2.00+$600.00
ERCOT-NLong$42.35$38.40-$1,580.00
PRICE-EGGS•$2.72+0.77%PRICE-MILK-US•$4.12+0.24%CRUDE-OIL•$71.84-0.62%GOLD•$2,412.30+0.31%SILVER•$29.84+0.48%NASDAQ•$18,240.11-0.12%GPU-H100•$2.00+1.20%ERCOT-N•$38.40+1.12%DRAM-DDR5•$4.85-0.41%FREIGHT-FEU•$2,140.00+0.66%BTC•$64,210.00+0.86%ETH•$3,120.45-0.33%NINO34-DEC26•$5,400.00+1.69%US-CPI-YOY•$2.90-0.10%BTC-MINE-M•$48.20+0.35%PRICE-EGGS•$2.72+0.77%PRICE-MILK-US•$4.12+0.24%CRUDE-OIL•$71.84-0.62%GOLD•$2,412.30+0.31%SILVER•$29.84+0.48%NASDAQ•$18,240.11-0.12%GPU-H100•$2.00+1.20%ERCOT-N•$38.40+1.12%DRAM-DDR5•$4.85-0.41%FREIGHT-FEU•$2,140.00+0.66%BTC•$64,210.00+0.86%ETH•$3,120.45-0.33%NINO34-DEC26•$5,400.00+1.69%US-CPI-YOY•$2.90-0.10%BTC-MINE-M•$48.20+0.35%
What you can listAnyPUBLIC NUMBER
Fee per trade~0.10%VS ~2%
SettlementUMAOPTIMISTIC ORACLE
CustodyYour walletUSDC
Gas$0GASLESS
SETTLED BYUMAOptimistic OracleCOLLATERALUSDCDATA FROMFREDBLSERCOTFreightosTrendForce
How risk moves today

Risk runs through banks.Most of it never gets a market.

Deep markets exist for a handful of big things. For almost everything else, a hedge is a private deal on the bank's terms, or not possible at all. Dexetera replaces the bank's role with open software and public data.

BANK BALANCE SHEETHolds all the risk, decides the payoutUSDC COLLATERALHeld in contracts, not by usUMA ORACLESettles from public dataBANK SWAP DESKPrices the hedge, keeps the spreadDEXETERA ORDER BOOKBids and asks set the priceBESPOKE TERMSOPEN LISTINGCREDIT CHECKANYONE TRADESONE SIGNATUREGEOGRAPHY~0.10% FEEIMPORTERDATA CENTERFARMERAIRLINEFUNDRETAIL TRADER
0.25 to 1%+Typical cost hidden in a bank's spread on a bespoke hedge.DEXETERA: ~0.10% FEE→
~2%Typical fee per trade on popular prediction markets.DEXETERA: ~0.10% FEE→
Platform onlyWho decides which new markets get listed on most venues.DEXETERA: ANYONE LISTS→
InstitutionsWho gets access to a bank's hedging desk.DEXETERA: ANYONE TRADES→
How it works

From an exposure to a market in four steps.

Dexetera splits what a bank does into open parts: creating the market, pricing it, guaranteeing it and settling it. Each step runs on software and public data.

01
ListDescribe a number in plain language. The AI wizard builds the market and suggests public sources.
GPU H100 rental $/hr
SUGGESTED SOURCES
GPU rental index · dailyCloud list prices
✦ Create
02
TradeGo long or short with USDC on an order book, with the metric plotted on a TradingView chart.
↗ Long↘ Short
Size$1,000 · 5x
Long GPU-H100
03
Price & marginBids and asks drive valuation, P&L and margin. Exit any time before settlement.
ENTRY · MARK$2.00 · $2.14
UNREALIZED P&L+$350.00
MARGIN USED$1,000.00
LIQ. PRICE$1.62
04
SettleAI captures the final value and archives the source. Anyone can challenge. Disputes escalate to UMA.
FINAL VALUEUMA OO
$2.31 /HR
SNAPSHOTarchive.org/web/…
CHALLENGE WINDOW2H
An example / GPU-H100

One market, two businesses, both protected.

Say GPU compute is $2.00/hr. InferCo buys compute, so it goes long. RigCloud sells compute, so it goes short. Drag the price and watch each hedge cancel the other side's exposure.

GPU-H100/USDC · MARK · 90 DAYS$2.00/hrAT ENTRY
$3.00$2.00$1.00
$1.00DRAG · ENTRY $2.00 · 1,000 HRS HEDGED$3.00
InferCoBuys GPU compute
↗ LONG
Compute cost change$0.00
Hedge P&L$0.00
NET$0.00
RigCloudSells GPU compute
↘ SHORT
Compute revenue change$0.00
Hedge P&L$0.00
NET$0.00
TRADING FEES GENERATED · CREATOR SHARES IN EVERY TRADE$0.00

Neither side is gambling. Both lock in a more predictable quarter, and the market's creator earns 20% of its trading fees, ongoing.

Creators earn 20%

List a market. Earn 20% of every trade.

Every trade on Dexetera pays a ~0.10% fee. 20% of that fee goes straight to the wallet that created the market, on every trade, for as long as the market trades. No cap, no expiry.

01List a number. Describe it in plain language and the wizard builds the market.
02Traders trade it. Every fill pays the ~0.10% fee.
03You earn 20%. Your share is paid per trade to your creator wallet.
+ Create a market
CREATOR EARNINGS · ESTIMATEEXAMPLE
Monthly trading volume$25,000,000
$1M$500M
VOLUME$25,000,000
×
FEE0.10%
=
FEES$25,000
×
CREATOR SHARE20%
=
$5,000 / month$60,000 / year
Creator 20%Protocol 80%

Illustrative. Earnings depend on your market's actual trading volume.

Market types

The kinds of numbers a market can track.

Spot prices4
Example
MARKETLONGSHORT7D
Eggs, Grade A
PRICE-EGGS
24K18K
View
Milk, US average
PRICE-MILK-US
12K9K
View
Crude Oil, WTI
CRUDE-OIL
156K142K
View
Gold, spot
GOLD
89K76K
View
Other metrics4
Example
MARKETLONGSHORT7D
GPU compute, H100
GPU-H100
412K380K
View
ERCOT North power
ERCOT-N
67K54K
View
Niño 3.4
NINO34-DEC26
34K28K
View
US CPI, year on year
US-CPI-YOY
45K52K
View
Who it's for

For anyone with exposure to a number.

Businesses hedge the inputs that move their margins. Traders take a view. Experts list what they know. Anyone with a wallet can take part.

UNHEDGED COSTHEDGED
01 / BUSINESSESHedge the number that moves your margin.Importers, data centers, miners and farmers can take the other side of the price that drives their costs.GPU-H100 →
POWERGASGAP
02 / FUNDS & TRADERSTrade a macro print, a spread or a KPI.Direct exposure to real-world numbers, long or short, with leverage in USDC. Exit any time.POWER / GAS →
CREATOR FEES · DRAM-DDR5$1,284.20
PAID PER TRADE▲ LIVE
03 / DATA OWNERSList what you know. Earn on every trade.If you know a number and where it is published, the wizard turns it into a market in minutes. You earn 20% of its trading fees.DRAM-DDR5 →
WHAT YOU NEED
Wallet✓
CollateralUSDC
Gas$0.00
Signatures per trade1
04 / GLOBAL INVESTORSHedging tools, open to anyone.Most hedging products are built for institutions. Dexetera is open to anyone with a wallet.PRICE-EGGS →
The productLIVE TODAY

A full exchange, live on mainnet.

Order book, charting, margin and settlement in one terminal. One signature to trade, no gas, and your USDC never leaves your control.

dexetera.xyz/token/NINO34-DEC26
DexeteraDEXETERA
Search Active Markets
Portfolio$90.10
Available Cash$24.58
Unrealized P&L+$24.74
DepositDemo viewTrader
PRICE-EGGS$2.72+0.77%PRICE-MILK-US$4.12+0.24%CRUDE-OIL$71.84-0.62%GOLD$2,412.30+0.31%SILVER$29.84+0.48%NASDAQ$18,240.11-0.12%GPU-H100$2.00+1.20%ERCOT-N$38.40+1.12%DRAM-DDR5$4.85-0.41%FREIGHT-FEU$2,140.00+0.66%BTC$64,210.00+0.86%ETH$3,120.45-0.33%NINO34-DEC26$5,400.00+1.69%US-CPI-YOY$2.90-0.10%BTC-MINE-M$48.20+0.35%PRICE-EGGS$2.72+0.77%PRICE-MILK-US$4.12+0.24%CRUDE-OIL$71.84-0.62%GOLD$2,412.30+0.31%SILVER$29.84+0.48%NASDAQ$18,240.11-0.12%GPU-H100$2.00+1.20%ERCOT-N$38.40+1.12%DRAM-DDR5$4.85-0.41%FREIGHT-FEU$2,140.00+0.66%BTC$64,210.00+0.86%ETH$3,120.45-0.33%NINO34-DEC26$5,400.00+1.69%US-CPI-YOY$2.90-0.10%BTC-MINE-M$48.20+0.35%
Niño 3.4 market icon
Niño 3.4NINO34-DEC26
Settles Dec 31, 2026
ClimateWeatherIndex+3
OB0x8EB2...94D1ID0x2803...8da8
WATCHING0
Share
MARK$5,400.00LAST$5,400.0024H CHG+1.69%24H HIGH$5,430.0024H LOW$5,310.00BID$5,390.00ASK$5,410.00SPREAD$20.00VOLUME$184KTRADES1,412
A market tracking the NOAA CPC monthly Niño 3.4 sea surface temperature anomaly in °C. Settles at 3,000 + 1,000 × anomaly, floored at zero, $1 per point. Source: NOAA Climate Prediction Center.More
NINO341DfxIndicators
Neutral (0.0 °C)
5,500
5,000
4,500
4,000
3,500
5,400.00
NINO34-DEC26 (NOAA CPC) · 1D · ORDERBOOKO 5,310.00H 5,430.00L 5,310.00C 5,400.00+90.00 (+1.69%)Live Metric Tracker (1) NINO34
5y1y3m1m5d1d--:--:-- UTC%logauto
Live
SYMBOLSIDESIZEENTRYMARKPNLLIQ PRICE
NNiño 3.4NINO34-DEC26LONG12$4,620.00$5,400.00+$9,360.00+16.9%$2,980.00
NNiño 1+2NINO12-DEC26LONG5$6,100.00$7,400.00+$6,500.00+21.3%$3,950.00
EAverage egg pricePRICE-EGGSLONG4.2$2.5377$2.7180+$0.76+7.10%$0.00
1Live order book
Order Book
PRICESIZETOTAL (USD)
$5,490.00600$3,294,000.00
$5,480.0095$520,600.00
$5,470.00420$2,297,400.00
$5,460.00180$982,800.00
$5,450.00310$1,689,500.00
$5,440.0060$326,400.00
$5,430.00240$1,303,200.00
$5,420.0085$460,700.00
$5,410.00120$649,200.00
ASKS (SELL)9 orders
$20.00 · 0.37%
BIDS (BUY)9 orders
$5,390.00150$808,500.00
$5,380.0090$484,200.00
$5,370.00260$1,396,200.00
$5,360.0040$214,400.00
$5,350.00380$2,033,000.00
$5,340.00210$1,121,400.00
$5,330.00500$2,665,000.00
$5,320.00130$691,600.00
$5,310.00560$2,973,600.00
3Source + UMA settlement2Gasless, one signature
Metric Sourcecpc.ncep.noaa.gov
Token InformationACTIVE
Niño 3.4 market iconNiño 3.4
Current PriceLIVEUSDC
$5,400.00↑ 1.69%
Margin Used:31.1900
POSITION SIZEUSD
QUICK AMOUNTSUSD
Slippage1%
Enable Trading
1Live order book. Real bids, asks and liquidations. The mark price comes from the book, not a model.
2One signature to trade. Gasless mode signs the order once. No gas token, no pop-up chain.
3Settled from public data. Every market names its source. UMA's optimistic oracle resolves disputes.
Live order bookReal bids, asks and liquidations.
USDC, non-custodialFunds stay in your wallet and contracts.
Gasless, one signatureTrade or list without paying gas.
Public data + UMANamed sources, open disputes.
List in minutesThe AI wizard drafts the market.
Why Dexetera

Everything banks do,without the bank.

Open markets, transparent pricing, programmable collateral, and trustless settlement replace private deals and relationship managers.

Read the docs →
FEATUREDEXETERAOTC / BANKPREDICTIONINSURANCE
Continuous pricing
Any metric
No bank counterparty
Self-custody
Scalar payoffs
No minimum size
Global access
Transparent fees
Learn how this works

Questions,answered.

If you still have questions, write to us or read the docs.

Describe the number in plain language. The AI wizard turns it into a market, suggests public sources to settle against, and lists it with one signature. The bond and any penalty are shown before you sign. Creators earn 20% of the trading fees their market generates.

PRICE-EGGS•$2.72+0.77%PRICE-MILK-US•$4.12+0.24%CRUDE-OIL•$71.84-0.62%GOLD•$2,412.30+0.31%SILVER•$29.84+0.48%NASDAQ•$18,240.11-0.12%GPU-H100•$2.00+1.20%ERCOT-N•$38.40+1.12%DRAM-DDR5•$4.85-0.41%FREIGHT-FEU•$2,140.00+0.66%BTC•$64,210.00+0.86%ETH•$3,120.45-0.33%NINO34-DEC26•$5,400.00+1.69%US-CPI-YOY•$2.90-0.10%BTC-MINE-M•$48.20+0.35%PRICE-EGGS•$2.72+0.77%PRICE-MILK-US•$4.12+0.24%CRUDE-OIL•$71.84-0.62%GOLD•$2,412.30+0.31%SILVER•$29.84+0.48%NASDAQ•$18,240.11-0.12%GPU-H100•$2.00+1.20%ERCOT-N•$38.40+1.12%DRAM-DDR5•$4.85-0.41%FREIGHT-FEU•$2,140.00+0.66%BTC•$64,210.00+0.86%ETH•$3,120.45-0.33%NINO34-DEC26•$5,400.00+1.69%US-CPI-YOY•$2.90-0.10%BTC-MINE-M•$48.20+0.35%
BTC-MINE-M•$48.20+0.35%US-CPI-YOY•$2.90-0.10%NINO34-DEC26•$5,400.00+1.69%ETH•$3,120.45-0.33%BTC•$64,210.00+0.86%FREIGHT-FEU•$2,140.00+0.66%DRAM-DDR5•$4.85-0.41%ERCOT-N•$38.40+1.12%GPU-H100•$2.00+1.20%NASDAQ•$18,240.11-0.12%SILVER•$29.84+0.48%GOLD•$2,412.30+0.31%CRUDE-OIL•$71.84-0.62%PRICE-MILK-US•$4.12+0.24%PRICE-EGGS•$2.72+0.77%BTC-MINE-M•$48.20+0.35%US-CPI-YOY•$2.90-0.10%NINO34-DEC26•$5,400.00+1.69%ETH•$3,120.45-0.33%BTC•$64,210.00+0.86%FREIGHT-FEU•$2,140.00+0.66%DRAM-DDR5•$4.85-0.41%ERCOT-N•$38.40+1.12%GPU-H100•$2.00+1.20%NASDAQ•$18,240.11-0.12%SILVER•$29.84+0.48%GOLD•$2,412.30+0.31%CRUDE-OIL•$71.84-0.62%PRICE-MILK-US•$4.12+0.24%PRICE-EGGS•$2.72+0.77%
PRICE-EGGS•$2.72+0.77%PRICE-MILK-US•$4.12+0.24%CRUDE-OIL•$71.84-0.62%GOLD•$2,412.30+0.31%SILVER•$29.84+0.48%NASDAQ•$18,240.11-0.12%GPU-H100•$2.00+1.20%ERCOT-N•$38.40+1.12%DRAM-DDR5•$4.85-0.41%FREIGHT-FEU•$2,140.00+0.66%BTC•$64,210.00+0.86%ETH•$3,120.45-0.33%NINO34-DEC26•$5,400.00+1.69%US-CPI-YOY•$2.90-0.10%BTC-MINE-M•$48.20+0.35%PRICE-EGGS•$2.72+0.77%PRICE-MILK-US•$4.12+0.24%CRUDE-OIL•$71.84-0.62%GOLD•$2,412.30+0.31%SILVER•$29.84+0.48%NASDAQ•$18,240.11-0.12%GPU-H100•$2.00+1.20%ERCOT-N•$38.40+1.12%DRAM-DDR5•$4.85-0.41%FREIGHT-FEU•$2,140.00+0.66%BTC•$64,210.00+0.86%ETH•$3,120.45-0.33%NINO34-DEC26•$5,400.00+1.69%US-CPI-YOY•$2.90-0.10%BTC-MINE-M•$48.20+0.35%
PRICE-EGGS•$2.72+0.77%PRICE-MILK-US•$4.12+0.24%CRUDE-OIL•$71.84-0.62%GOLD•$2,412.30+0.31%SILVER•$29.84+0.48%NASDAQ•$18,240.11-0.12%GPU-H100•$2.00+1.20%ERCOT-N•$38.40+1.12%DRAM-DDR5•$4.85-0.41%FREIGHT-FEU•$2,140.00+0.66%BTC•$64,210.00+0.86%ETH•$3,120.45-0.33%NINO34-DEC26•$5,400.00+1.69%US-CPI-YOY•$2.90-0.10%BTC-MINE-M•$48.20+0.35%PRICE-EGGS•$2.72+0.77%PRICE-MILK-US•$4.12+0.24%CRUDE-OIL•$71.84-0.62%GOLD•$2,412.30+0.31%SILVER•$29.84+0.48%NASDAQ•$18,240.11-0.12%GPU-H100•$2.00+1.20%ERCOT-N•$38.40+1.12%DRAM-DDR5•$4.85-0.41%FREIGHT-FEU•$2,140.00+0.66%BTC•$64,210.00+0.86%ETH•$3,120.45-0.33%NINO34-DEC26•$5,400.00+1.69%US-CPI-YOY•$2.90-0.10%BTC-MINE-M•$48.20+0.35%
BTC-MINE-M•$48.20+0.35%US-CPI-YOY•$2.90-0.10%NINO34-DEC26•$5,400.00+1.69%ETH•$3,120.45-0.33%BTC•$64,210.00+0.86%FREIGHT-FEU•$2,140.00+0.66%DRAM-DDR5•$4.85-0.41%ERCOT-N•$38.40+1.12%GPU-H100•$2.00+1.20%NASDAQ•$18,240.11-0.12%SILVER•$29.84+0.48%GOLD•$2,412.30+0.31%CRUDE-OIL•$71.84-0.62%PRICE-MILK-US•$4.12+0.24%PRICE-EGGS•$2.72+0.77%BTC-MINE-M•$48.20+0.35%US-CPI-YOY•$2.90-0.10%NINO34-DEC26•$5,400.00+1.69%ETH•$3,120.45-0.33%BTC•$64,210.00+0.86%FREIGHT-FEU•$2,140.00+0.66%DRAM-DDR5•$4.85-0.41%ERCOT-N•$38.40+1.12%GPU-H100•$2.00+1.20%NASDAQ•$18,240.11-0.12%SILVER•$29.84+0.48%GOLD•$2,412.30+0.31%CRUDE-OIL•$71.84-0.62%PRICE-MILK-US•$4.12+0.24%PRICE-EGGS•$2.72+0.77%
DEXETERA / ANY MEASURABLE NUMBER

Hedge theunhedgeable.

Create a futures market on any number you can measure, trade it long or short in USDC, and let public data settle it.