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137.625024h+1.66%24h Vol$121.0MOI$146.8M资金费率-0.0022%打开查看ZHIPU
XYZZhipu — full-stack Chinese LLM and agent company behind the GLM model family.
价格133.43524h+2.66%24h Vol$3.7MOI$11.6M资金费率+0.0273%打开查看MINIMAX
XYZMiniMax — Chinese frontier multimodal model lab.
价格38.8424h-0.22%24h Vol$2.1MOI$10.8M资金费率+0.0006%打开查看
CBRS
XYZCerebras Systems — wafer-scale AI silicon, the first IPOP on HIP-3.
价格184.285024h-0.90%24h Vol$17.0MOI$48.6M资金费率+0.0006%打开查看NVDA
XYZNVIDIA — the central GPU, the clearest public-market gauge of AI capex.
价格212.97524h+1.78%24h Vol$61.7MOI$96.6M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476.0424h+3.98%24h Vol$11.7MOI$12.3M资金费率+0.0006%打开查看AVGO
XYZBroadcom — custom hyperscaler AI ASICs plus the networking silicon that stitches clusters together.
价格356.265024h-0.96%24h Vol$3.8MOI$6.6M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416.24524h+1.57%24h Vol$1.1MOI$8.6M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238.570024h-0.32%24h Vol$1.5MOI$4.6M资金费率+0.0010%打开查看QCOM
XYZQualcomm — wireless connectivity and on-device / edge AI platforms.
价格159.115024h+0.23%24h Vol$274.5KOI$4.0M资金费率+0.0022%打开查看
ASML
XYZASML — EUV lithography monopoly, the upstream tax on every advanced node.
价格1,734.15024h-0.53%24h Vol$560.5KOI$1.5M资金费率+0.0001%打开查看AMAT
XYZApplied Materials — materials-engineering equipment enabling advanced semiconductors.
价格473.64024h-2.36%24h Vol$835.9KOI$1.3M资金费率+0.0006%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1,214.95024h+5.16%24h Vol$422.0MOI$375.0M资金费率+0.0011%打开查看MU
XYZMicron — pure-play memory leverage with direct HBM exposure into the training cycle.
价格924.19024h+1.43%24h Vol$136.8MOI$128.9M资金费率+0.0006%打开查看DRAM
XYZDRAM — direct basket exposure to the memory cycle behind AI servers, HBM demand, and datacenter capacity.
价格55.5690024h+2.41%24h Vol$120.8MOI$80.0M资金费率+0.0006%打开查看SNDK
XYZSanDisk — NAND and storage for the AI data pipeline.
价格1,464.25024h-1.27%24h Vol$197.2MOI$139.9M资金费率+0.0019%打开查看SMSN
XYZSamsung — memory and foundry conglomerate with deep HBM exposure.
价格186.34024h+2.11%24h Vol$53.5MOI$56.3M资金费率+0.0030%打开查看KIOXIA
XYZKioxia — NAND flash and SSD technology powering AI, cloud, and data-driven devices.
价格315.98524h+0.68%24h Vol$2.4MOI$6.1M资金费率+0.0016%打开查看
LITE
XYZLumentum — optical and photonic interconnects in every modern AI data center.
价格867.96024h+4.42%24h Vol$4.4MOI$10.1M资金费率+0.0006%打开查看MRVL
XYZMarvell — custom hyperscaler silicon (AWS Trainium, Maia) and 800G/1.6T optical DSPs.
价格237.035024h+2.56%24h Vol$15.9MOI$23.5M资金费率-0.0001%打开查看NOK
XYZNokia — AI-era network infrastructure for telecom, cloud, and mission-critical connectivity.
价格10.286524h+3.12%24h Vol$398.6KOI$3.9M资金费率+0.0079%打开查看
BE
XYZBloom Energy — onsite fuel-cell power for AI data centers, the purest datacenter-power play.
价格214.200024h+2.75%24h Vol$9.5MOI$12.1M资金费率+0.0020%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61.86024h-2.20%24h Vol$519.4KOI$1.3M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61.192524h+4.36%24h Vol$248.4KOI$1.4M资金费率-0.0024%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