Hourglass turns compute into a bonded, tradable token. Buy an hour of H100, redeem it for a real machine, and get paid automatically when the provider misses its uptime guarantee.
Compute trades on bilateral contracts, PDFs and phone calls.
Lenders can't underwrite or hedge delivery risk.
CME and ICE are coming — but futures don't give you a machine.
From token to terminal in four steps — every one of them onchain.
Each token is one GPU-hour of a standard contract — model, region, delivery window, uptime SLA. Minted on purchase against the provider's bond.
Burn hours to request a machine. Your passkey derives an SSH key that is committed onchain; nothing is stored.
A Chainlink CRE workflow provisions the machine and oracle nodes check it every minute. Uptime is computed by the contract.
When the term ends anyone can settle. Below the SLA, the bond pays you pro rata — no claim form, no support ticket.
Providers lock collateral behind every hour they sell. Missed SLA → automatic payout. Missed delivery → the full bond.
Chainlink CRE nodes probe each machine independently and agree on the result before it is written onchain.
Mera turns one passkey into your Monad account, your SSH identity and the key your machine access is sealed to.
Indexed from Monad by Envio HyperIndex.
Order-book trading and instant redemption feel like a centralized venue.
Uptime is measured onchain, not summarised by the provider once a day.
Passkeys are first-class accounts — no extension, no seed phrase.