The price of Intelligence $—
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Liftoff

Welcome to a market on one number. IQ is what one million tokens of frontier-class inference cost right now, measured across the major labs, blended one part input to three parts output. DEXSI puts it on Robinhood Chain as a single, continuous instrument: long if compute stays scarce, short if intelligence keeps getting cheaper. Rooted in list prices, settled by an oracle, no committee in the loop.

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Angle: 0°   Weight: 700
Weight
Bending
the price
of thought

New territory

A simple question informs the design: how far can the price of intelligence fall before it stops being a market? How much can it rise before someone sells it? Here comes an instrument that moves toward distant futures, seeking a novel kind of price.

The index's central star is its method. Stressing the median, IQ composes a balanced line no matter which lab reprices, how often, or how loudly. Its radically plain framework allows for both steady hedging and inventive speculation.

Beyond divisions

What historically has been separate now comes together: long and short as a single, continuous design space. None of them exists above the other.

While a bet on AI is usually limited to buying a stock, IQ travels beyond this binary: the same vault, the same index, either direction, up to five times leverage.

5×4×3×2×1×2×3×4×5×
Long · index moves
−20%—
−10%—
0%—
+10%—
+20%—
+50%—
Short · index moves
−50%—
−20%—
−10%—
0%—
+10%—
+20%—

Equity change on collateral at the selected leverage, before fees and funding. A position is liquidated when equity falls under 2.5% of its size; the loss is capped at the collateral.

One
One
Number
Number
Index
Nine labs, one flagship each, blended 1:3 input to output, median across the nine. Sampled every ten minutes, averaged over twenty-four hours, posted on-chain every ten minutes. Orders fill at the post after yours, never at one you can already see. A post may move the index at most 5%, so a lab repricing walks in over hours instead of jumping, which is what makes the perpetual tradable and manipulation uneconomic.

Design

DEXSI provides a program pushed and not constrained by its exceptions, balancing constructed rigidity with the autonomy of a live price. Where shortcuts would have been at hand, the design opts for measured solutions: a cap per post, a time-weighted average, a vault that is the only counterparty.

Scale 100%
IQ
Flexible persistence

The on-chain index is a 24-hour time-weighted average. One bad sample, one scraped page, one outage: none of them moves it by more than a rounding error.

Calculated surprises

A new flagship can launch above its predecessor. The list is versioned and changes are announced before they take effect, so the surprise is the price, never the method.

Expressive control

Leverage from 1× to 5×, funding paid by the heavier side, liquidation at 2.5% of position size. Every parameter is a public contract variable.

Rooted
Rooted
In prices
In prices
Source
Every component is the provider's own published list price, read from the public catalog. No private quotes, no negotiated rates, nothing anyone has to trust us about. The methodology is a page, the history is on-chain.
Future

Family overview

Every leverage against every move. The matrix is the whole instrument: what a long position is worth after the index moves, as a share of the collateral you put in. Shorts mirror it.

$0.10?

Trajectory

If prices keep falling the way they have, IQ reaches one dollar and then ten cents. Milestone markets let you bet on the date: yes or no, resolved by the oracle the moment the level is crossed.

Annual decline
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90-day log-linear fit

IQ reaches $1.00
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IQ reaches $0.10
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Character set

DEXSI supports nine labs, covering the whole frontier from the cheapest open-weight flagship to the most expensive proprietary one. Each cell is a component; the highlighted one is the median, which is the index.

IQ
$
IQ
×5
↑
↓
Components · blend $/1M

Credits

Index design and contracts by DEXSI. Collateral: USDG on Robinhood Chain. Price source: providers' public list prices.

Website and cockpit built in the spirit of Swiss futurism. Unaudited contracts; nothing here is investment advice.

Minisites

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