AI 建设交易
主题指数On-chain perpetuals for the infrastructure of the AI era — from frontier models down to the power that runs them. The AI stack on Trade[XYZ], indexed live by Hyperhub.
投资逻辑
The AI buildout is a physical-infrastructure problem first and a software problem second. Every leg of it — frontier models, wafer-scale silicon, the clouds that rent it, high-bandwidth memory, optical interconnect, the electricity that powers them, and the robots that act on the world — is now actively constrained.
HIP-3 is the first venue where these constraints can be priced continuously, by anyone, without market-hour gates. Trade[XYZ] lists the full stack — from pre-IPO model labs to fab equipment to datacenter power. Hyperhub organizes it, layer by layer, so the thesis is legible from a single page.
This page is opinionated. The asset list reflects a thesis, not coverage of every HIP-3 stock perp. Names that don't map cleanly onto the buildout live on the broader markets directory.
技术栈地图
The whole stack on one screen. Each bar is a layer's share of theme 24h volume — the shape shows where the liquidity actually sits. Select a layer to jump to its markets below.
完整技术栈
SPCX
XYZFull-stackSpaceX — now holds xAI, Grok and Cursor after the 2026 mergers: a frontier model, its own Colossus supercluster, space-based data centers, and Starlink. The most vertically integrated AI name on-chain.
价格163.435024h-0.05%24h Vol$24.5MOI$123.8M资金费率+0.0006%打开查看ZHIPU
XYZZhipu — full-stack Chinese LLM and agent company behind the GLM model family.
价格80.66724h+0.65%24h Vol$61.2KOI$22.0M资金费率+0.0025%打开查看MINIMAX
XYZMiniMax — Chinese frontier multimodal model lab.
价格26.742524h-0.24%24h Vol$58.6KOI$3.2M资金费率-0.0001%打开查看
CBRS
XYZCerebras Systems — wafer-scale AI silicon, the first IPOP on HIP-3.
价格165.005024h-1.23%24h Vol$2.6MOI$101.8M资金费率+0.0033%打开查看NVDA
XYZNVIDIA — the central GPU, the clearest public-market gauge of AI capex.
价格230.30524h+0.20%24h Vol$42.1MOI$110.1M资金费率+0.0006%打开查看AMD
XYZAMD — the credible alternative compute path, MI-series accelerators competing for AI share.
价格610.25024h-0.16%24h Vol$6.3MOI$18.6M资金费率+0.0015%打开查看AVGO
XYZBroadcom — custom hyperscaler AI ASICs plus the networking silicon that stitches clusters together.
价格363.23524h-0.39%24h Vol$613.1KOI$12.8M资金费率+0.0006%打开查看TSM
XYZTSMC — the foundry every AI chip eventually passes through. Upstream tax on the entire stack.
价格453.66524h+0.25%24h Vol$836.3KOI$7.7M资金费率+0.0006%打开查看ARM
XYZArm — the instruction-set IP under nearly every AI edge and datacenter CPU.
价格267.155024h-0.74%24h Vol$526.7KOI$5.9M资金费率+0.0006%打开查看QCOM
XYZQualcomm — wireless connectivity and on-device / edge AI platforms.
价格176.205024h+1.18%24h Vol$494.8KOI$5.1M资金费率+0.0006%打开查看
ASML
XYZASML — EUV lithography monopoly, the upstream tax on every advanced node.
价格1,786.10024h-0.37%24h Vol$206.9KOI$2.2M资金费率+0.0030%打开查看AMAT
XYZApplied Materials — materials-engineering equipment enabling advanced semiconductors.
价格508.40024h-0.46%24h Vol$227.7KOI$1.6M资金费率+0.0091%打开查看IBIDEN
待上线Ibiden — advanced package substrates and ceramics; CoWoS-class packaging is a real AI-compute bottleneck.
价格—24h—24h Vol—OI—资金费率—状态等待上线
SKHX
XYZSK Hynix — the HBM leader; high-bandwidth memory is the bottleneck of every AI cluster.
价格1,229.1524h+1.49%24h Vol$20.8MOI$272.7M资金费率+0.0037%打开查看MU
XYZMicron — pure-play memory leverage with direct HBM exposure into the training cycle.
价格1,035.25024h+1.64%24h Vol$18.2MOI$113.9M资金费率+0.0017%打开查看DRAM
XYZDRAM — direct basket exposure to the memory cycle behind AI servers, HBM demand, and datacenter capacity.
价格57.6065024h+1.43%24h Vol$11.8MOI$76.0M资金费率+0.0043%打开查看SNDK
XYZSanDisk — NAND and storage for the AI data pipeline.
价格1,596.15024h+0.21%24h Vol$58.7MOI$125.2M资金费率+0.0077%打开查看SMSN
XYZSamsung — memory and foundry conglomerate with deep HBM exposure.
价格192.74024h+0.93%24h Vol$2.4MOI$33.6M资金费率+0.0053%打开查看KIOXIA
XYZKioxia — NAND flash and SSD technology powering AI, cloud, and data-driven devices.
价格110.29524h+1.01%24h Vol$344.0KOI$6.7M资金费率+0.0091%打开查看
LITE
XYZLumentum — optical and photonic interconnects in every modern AI data center.
价格1,088.90024h-2.75%24h Vol$2.6MOI$6.4M资金费率+0.0062%打开查看MRVL
XYZMarvell — custom hyperscaler silicon (AWS Trainium, Maia) and 800G/1.6T optical DSPs.
价格276.85524h+2.38%24h Vol$1.6MOI$10.7M资金费率+0.0034%打开查看NOK
XYZNokia — AI-era network infrastructure for telecom, cloud, and mission-critical connectivity.
价格10.350524h-0.38%24h Vol$54.1KOI$1.5M资金费率+0.0006%打开查看
BE
XYZBloom Energy — onsite fuel-cell power for AI data centers, the purest datacenter-power play.
价格279.880024h+1.69%24h Vol$398.2KOI$5.3M资金费率+0.0019%打开查看XLE
XYZEnergy Select Sector SPDR — broad U.S. energy proxy. Power is the 2026 bottleneck; XLE is the wide lens.
价格65.180524h-1.02%24h Vol$178.9KOI$1.0M资金费率+0.0006%打开查看URNM
XYZSprott Uranium Miners ETF — the nuclear fuel chain behind the datacenter power thesis.
价格46.446524h+0.03%24h Vol$76.5KOI$2.0M资金费率+0.0051%打开查看
后续关注
The thesis is falsifiable. Here are the layers Hyperhub is watching for the next wave of HIP-3 listings — names traders should expect to appear if the AI Buildout Trade keeps shipping.
- Pure-Play Utilities
BE covers onsite fuel cells and URNM the fuel chain, but the stack still lacks individual utilities directly leveraged to datacenter power contracts.
Constellation EnergyVistraGE VernovaVertivEaton - Fab Equipment
ASML and AMAT are live; the rest of the lithography and metrology chain — the upstream tax on the whole stack — is not yet listed.
Lam ResearchKLATokyo Electron - Frontier Model Labs
xAI is now captured via SPCX and the Chinese frontier via ZHIPU / MINIMAX, but the two U.S. leaders still lack their own pre-IPO perp.
OpenAIAnthropic