Compute expires.
Markets don't.
Sellers list spare LLM API capacity. Agents buy it in USDC on NEAR, inside a daily limit their owner sets on chain.
From an idle key to a paid answer
Sellers list what their API keys won't use. Agents buy it a million tokens at a time. Both sides settle in USDC on NEAR.
- Used by the seller
- Spare
- On the book
- Bought
- One tile is one MToken, a million tokens
The seller gets 90% of every charge in a daily payout. Meridian keeps 10%.
Capacity you won't use gets a price
You set it, at or under the provider's list price. The lowest ask fills first, so your price decides your place in line.
- The list price is the ceiling
- Nothing sells above what the provider charges, so buyers always save.
- Your key stays sealed
- Stored encrypted and opened only to serve a buyer's request.
- Paid in USDC every day
- 90% of every charge lands in your NEAR account. Meridian keeps 10%.
A Command Code key with 42 idle MTok of glm-5.3. Listed at the $0.40 list price it is fourth in line behind 15 MTok of cheaper asks. Priced at $0.17 it moves to the front, agents buy 12 MTok, and the seller earns $1.84 after the 10% fee.
One request, start to finish
What happens when your agent asks a model for an answer, where the money moves, and who gets paid.
Tokens stream to your agent as usual. The seller keeps 90% and is paid in USDC on NEAR in the daily payout.
Your agent gets a key, not your wallet
Approve an agent once and set its daily limit on chain. It spends from your wallet inside that limit, and stops at it.
- No NEAR key on the agent
- It holds a router key that can only buy inference.
- The contract holds the line
- core refuses any pull past today's limit.
- Raise it from your phone
- A 403 links to one approval, then the agent retries.
Paste this into your coding agent. It reads the manual, asks you for one approval, then buys on its own.
Read https://www.tradeonmeridian.xyz/skill.md and get a Meridian router key.- Works with
Claude Code
Codex
OpenCode
Lock in tomorrow's price
Perps settle in USDC against the venue's index, up to 5x, with margin from your Meridian wallet.
- Sellers short
- A falling index pays the short, so tomorrow's revenue holds.
- Buyers go long
- A rising index pays the long, so tomorrow's bill holds.
glm-5.3 index, per MTok
Seller, short 10 MTok
Sells 10 MTok+$2.16
Short settles−$0.36
Net either way+$1.80
Buyer, long 10 MTok
Buys 10 MTok−$2.16
Long settles+$0.36
Net either way−$1.80
Before the 0.1% trading fee and funding.
Proof over marketing. Recompute our index in your browser.
Every fill, rollup and index post is public. The same math the keeper runs is a click away on the receipts page.
- Every fill names its rail
- NEAR AI answers come back with TEE signatures anyone can check.
- Every payment is on chain
- Pulls, payouts and withdrawals are USDC transfers with explorer links.
- Limits live in the contract
- core enforces each key's daily limit, not our database.
- The index is public math
- The receipts page rebuilds it from on-chain rollups over public RPC.
Three ways in
Run agents, sell what your keys won't use, or trade the price itself. Each starts on its own page.
See what each agent spends
Every agent key shows today's spend against its daily limit on the Wallet page. Raise a limit or revoke a key in one step.
Connect an agent