How it works

A series is one week

Every week has its own series with a price range: a floor of $1 and a cap of $5 per GPU-hour for H100. A series covers 168 hourly epochs starting Monday 00:00 UTC.

Minting a pair

Depositing the full range, (cap − floor) × 168 = $672 in rrUSD, mints one LONG and one SHORT token. One token covers one GPU for the whole week. Tokens have 6 decimals, so you can hold fractions of a GPU-week.

A LONG and SHORT of the same week together are always worth exactly $672. Before settlement you can redeem a pair for its collateral at any time.

Payouts at settlement

With A as the weekly average of the hourly index, clamped to the range:

LONG pays  (A − floor) × 168
SHORT pays (cap − A)   × 168

If the H100 averages $3.40 for the week, each LONG pays $403.20 and each SHORT pays $268.80. The two always add up to the $672 deposited, so the contract can never owe more than it holds.

Prices and implied rates

LONG trades on Kuru against rrUSD. A LONG price converts to an implied rental rate as floor + price ÷ 168. A LONG at $466 implies $3.77 per GPU-hour. The trade screen shows both numbers, every price level on each week's book, and its recent fills.

Closing early

Positions do not have to be held to settlement. Close in Portfolio redeems matched LONG and SHORT pairs for $672 each, sells any extra LONG into the week's order book, and buys back LONG to match any extra SHORT. Each step is quoted before you sign.

One transaction for many weeks

The HedgeRouter contract builds multi-week positions in a single transaction. Each leg is fill-or-kill with your minimum price, so either every week fills or nothing happens. The router is stateless and never holds funds between transactions.