Company intelligence
Mercatus AI
The AI economy runs on tokens. Mercatus discovers their price.
About Mercatus AI
Mercatus is the first exchange for AI inference tokens. AI companies increasingly budget around one metric: the cost of inference, measured in dollars per million output tokens. Yet there has never been a market where that price could be traded directly. Mercatus changes that. Model providers and inference platforms sell forward token capacity. Enterprises, traders, and investors buy it to hedge future inference costs or express market views. Orders match continuously in a 24/7 central limit order book, with physical settlement of LLM tokens and no intermediaries. Mercatus doesn't publish prices—it discovers them. Every physically settled forward establishes a market-clearing price for AI inference. That price becomes the benchmark for pricing, hedging, and financing compute across the AI economy. The AI economy runs on tokens. Mercatus is where those tokens are priced.
Verified activity
Signals from Mercatus AI
3 published signals
Research & Knowledge
Mercatus AI published research showing four open-weight models served by 7 to 21 hosts running identical weights, with prices ranging from a rounding error to a 6.5x range.
Reported by Mercatus AI
Products & Services
Mercatus AI raised DeepSeek's API prices on August 16, pulling all 17 third-party hosts serving the same V4 weights three weeks later and running the workload math.
Reported by Mercatus AI
Products & Services
Mercatus AI pulled all 17 third-party hosts serving the same V4 weights three weeks later and ran the workload math, finding sixteen of seventeen hosts now undercut DeepSeek's own API.
Reported by Mercatus AI