Trade the cost of intelligence

Dubai
Joined June 2026
Today we’re launching IFX AI token prices are turning into real market exposure, until now, that exposure lived inside API bills, private contracts, and spreadsheets We built IFX as the first futures market for AI token prices Open a position: ifx-exchange.com/
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$94K a day Ed Zitron reported that Stripe technical staff are burning about $94,000 a day in tokens, mostly on Anthropic coding models. That is around $2.8M a month, or $33.6M a year, before you even get into model mix and usage growth. This is exactly where token spend stops being “dev productivity” and becomes a live operating cost. If the unit price moves, the budget moves with it. Source: wheresyoured.at/ai-is-too-ex… Hedge the cost of intelligence: ifx-exchange.com
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$300M token bill @salesforce CEO Marc Benioff said the company will probably spend about $300M on Anthropic tokens in 2026, mostly for coding. At that size, token price is no longer a tooling line, it is a forward cost assumption. If a company can forecast engineering headcount, it should also be able to hedge model-unit cost. The bill is too large to leave as “whatever Claude costs later.” Source: businessinsider.com/marc-ben… Hedge the cost of intelligence: ifx-exchange.com
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Today we’re launching the IFX LLM Price Index Daily reference data for AI output-token prices, starting with company-level indices for major model labs. Live index page: ifx-exchange.com/index-v2.ht…
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5/6 v1 is narrow on purpose. It covers output tokens, one observation channel, and a limited company set. It excludes private discounts, batch tiers, cached-input pricing, and enterprise terms.
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6/6 Every published point comes with quality diagnostics: price coverage, imputed volume, fallback matching, missing prices, conflicts, and status flags. This is the first version. It will improve as more sources, companies, and price dimensions are added. Methodology: ifx-exchange.com/ifx-index-m…
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