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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.

Explore markets →Create a market

Dexetera

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PRICE-EGGS$2.715GPU-H100$2.00ERCOT-N$41.80

0xdda4…12b4

ExampleOct 1 to Oct 16

PORTFOLIO VALUE

$345,398.34+4.8%+$15,840

PRICE-EGGS$2.715+0.77%GPU-H100$2.00+1.20%ERCOT-N$41.80+3.42%

OCT 1OCT 4OCT 7OCT 10OCT 13OCT 16

MarketSideEntryMarkP&L

PRICE-EGGSLong$2.690$2.715+$500.00

GPU-H100Short$2.06$2.00+$600.00

ERCOT-NLong$42.35$41.80-$220.00

Scroll to explore

PRICE-EGGS•$2.715+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•$2.000.00%ERCOT-N•$38.40+1.12%DRAM-DDR5•$4.85-0.41%FREIGHT-FEU•$2,140+0.66%BTC•$64,210.00+0.86%ETH•$3,120.45-0.33%PRICE-EGGS•$2.715+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•$2.000.00%ERCOT-N•$38.40+1.12%DRAM-DDR5•$4.85-0.41%FREIGHT-FEU•$2,140+0.66%BTC•$64,210.00+0.86%ETH•$3,120.45-0.33%

What you can listAnyPUBLIC NUMBER

Fee per trade~0.10%VS ~2%

SettlementUMAOPTIMISTIC ORACLE

CustodyYour walletUSDC

Gas$0GASLESS

SETTLED BYUMAOptimistic OracleCOLLATERALUSDCDATA FROMFREDBLSERCOTFreightosTrendForce

Dexetera / Market wall

Possible markets on real-world numbers.

Every market tracks a public number, trades in USDC on an order book, and settles from the source. These examples show the kinds of markets anyone can list.

ComputeFEATURED

EXAMPLE

GPU compute, H100GPU-H100/USDC · $/hr

$2.00▲ 15.15%

$2.06$1.95$1.84$1.74$2.00

Eggs, Grade APRICE-EGGS · $/dozen

$2.715▲ 0.77%

SETTLES 31 DEC 2026

EnergyEXAMPLE

ERCOT North powerERCOT-N · $/MWh

$38.40▼ 2.32%

SETTLES 30 JUN 2027

FreightEXAMPLE

Asia to US freightFREIGHT-FEU · $/FEU

$2,140▲ 3.39%

SETTLES 31 JAN 2027

ComputeEXAMPLE

DRAM DDR5 spotDRAM-DDR5 · $/Gb

$4.85▲ 7.58%

SETTLES 31 MAR 2027

MacroEXAMPLE

US CPI, year on yearUS-CPI-YOY · %

2.90%▼ 10.51%

SETTLES 15 JAN 2027

RatioEXAMPLE

BTC mining marginBTC-MINE-M · BTC / POWER

$48.20▲ 0.00%

SETTLES 31 MAR 2027

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.

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.

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

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

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

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

Hedge P&L$0

NET$0

RigCloudSells GPU compute

↘ SHORT

Compute revenue change$0

Hedge P&L$0

NET$0

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 a fee on every trade.

Market types

The kinds of numbers a market can track.

Spot prices4

Example

MARKET	LONG	SHORT
Eggs, Grade A PRICE-EGGS	24K	18K	View
Milk, US average PRICE-MILK-US	12K	9K	View
Crude Oil, WTI CRUDE-OIL	156K	142K	View
Gold, spot GOLD	89K	76K	View

Other metrics4

Example

MARKET	LONG	SHORT
GPU H100 rental GPU-H100	412K	380K	View
ERCOT North power ERCOT-N	67K	54K	View
Niño 3.4 index NINO34-DEC26	34K	28K	View
US CPI, YoY US-CPI-YOY	45K	52K	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.DRAM-DDR5 →

WHAT YOU NEED

Wallet✓

CollateralUSDC

Gas$0

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

DEXETERA

Search Active Markets

Portfolio$90.10

Available Cash$24.58

Unrealized P&L+$24.74

DepositDemo viewTrader

NINO34-DEC26$5,400.00+1.69%ETHEREUM$2,430.15-1.49%GOLD$2,412.30+0.31%NASDAQ$29,686.80+0.00%PRICE-EGGS$2.715+0.12%PRICE-MILK-US$4.52+0.00%SILVER$75.96+0.21%500$7,594.21+0.08%NINO34-DEC26$5,400.00+1.69%ETHEREUM$2,430.15-1.49%GOLD$2,412.30+0.31%NASDAQ$29,686.80+0.00%PRICE-EGGS$2.715+0.12%PRICE-MILK-US$4.52+0.00%SILVER$75.96+0.21%500$7,594.21+0.08%

Niño 3.4NINO34-DEC26

Settles Dec 31, 2026

ClimateWeatherIndex+3

OB0x8EB2...94D1ID0x2803...8da8

WATCHING0

MARK$5,400.00LAST$5,400.0024H CHG+1.7%24H HIGH$5,43024H LOW$5,310BID$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+16.9%$2,980.00

NNiño 1+2NINO12-DEC26LONG5$6,100.00$7,400.00+$6,500+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

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 →

FEATURE	DEXETERA	OTC / BANK	PREDICTION	INSURANCE
Continuous pricing
Any metric
No counterparty risk
Self-custody
Scalar payoffs
No minimum size
Global access
Transparent fees

Creators earn

Build a market,earn from every trade.

Creators who list successful markets earn a share of trading fees. The better the market, the more it trades, the more you earn.

+ Create a market

MY MARKETS / DRAM-DDR5

DRAM DDR5 spot, $/Gb

CREATED BY YOUEXAMPLE

30D VOLUME

$1.84M

FEES EARNED

$1284.20

TRADERS

318

DAILY VOLUME · 30DUSDC

Creator fee sharePaid per trade · see docs

Learn how this works

Questions,answered.

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

admin@dexetera.xyz 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.

PRICE-EGGS•$2.7150.00%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•$2.000.00%ERCOT-N•$38.40+1.12%DRAM-DDR5•$4.85-0.41%FREIGHT-FEU•$2,140+0.66%BTC•$64,210.00+0.86%ETH•$3,120.45-0.33%PRICE-EGGS•$2.7150.00%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•$2.000.00%ERCOT-N•$38.40+1.12%DRAM-DDR5•$4.85-0.41%FREIGHT-FEU•$2,140+0.66%BTC•$64,210.00+0.86%ETH•$3,120.45-0.33%

ETH•$3,120.45-0.33%BTC•$64,210.00+0.86%FREIGHT-FEU•$2,140+0.66%DRAM-DDR5•$4.85-0.41%ERCOT-N•$38.40+1.12%GPU-H100•$2.000.00%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•$2.7150.00%ETH•$3,120.45-0.33%BTC•$64,210.00+0.86%FREIGHT-FEU•$2,140+0.66%DRAM-DDR5•$4.85-0.41%ERCOT-N•$38.40+1.12%GPU-H100•$2.000.00%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•$2.7150.00%

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.

Launch app →Create a market