Stoa Index

The reference price for GPU hardware.

Real-time, VWAP-weighted benchmark pricing for GPU hardware. Grade-normalized across conditions, built from verified market data.

STOA-H100 Composite
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Methodology

How the index works.

The Stoa Index aggregates transaction data from multiple verified source categories, normalizes for hardware condition, and publishes VWAP-weighted reference prices.

01

Aggregate

Collect price observations from verified secondary market dealers, public retailers, and OEM channels daily.

02

Normalize

Adjust all observations to a Grade A equivalent using condition multipliers. Filter outliers using trimmed mean methodology.

03

Publish

Compute VWAP-weighted index values across source categories. Publish reference prices for each tracked variant.

Coverage

Tracked variants.

H100 SXM5

Data center GPU with NVLink. Primary variant for large-scale AI training.

H100 PCIe

PCIe form factor for standard server deployments.

H100 NVL

NVLink-optimized pair for inference workloads.

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Use Cases

Who uses the index.

Lending Collateral Valuation

Lenders use the index to mark GPU-backed loan collateral to market daily, replacing internal estimates with an independent reference price.

Inventory Valuation

Data centers and dealers value their GPU holdings against the index for financial reporting, insurance, and asset management.

Trading Benchmark

Brokers and dealers anchor bid/ask pricing to the index, enabling faster deal execution and reducing friction.

Depreciation Tracking

Operators track hardware depreciation against market prices rather than accounting schedules, reflecting actual residual values.