What should you write in the contract?
Gold has the LBMA fix; oil has Brent. The H100-hour now has a daily dollar fixing: one $/hr number assembled from the three tiers the market actually clears at — big-cloud, neocloud, marketplace — with the transacted cross-check printed beside it. Same engine as the KH100 index: the index prints change, the fix prints the level — the number for a budget, a model, or a term sheet.
The fix since July 2026 in actual $/hr. The pale line is the neocloud tier's real dollar history back to January 2025 — context, never spliced: you can't rebase dollars without lying about dollars.
The marketplace leg is polled every 60 seconds; the slower legs refresh at their own natural speed and their age is published, never hidden. The tape moves only when listed prices actually change — a thin book reshuffling is not a price move. Once a day at 16:00 UTC the tape is collapsed into the official fixing: a time-weighted median over the preceding hour, so no single sample can set the day's number.
What committing buys you: neocloud provider-median $/hr from spot to 36 months. This is the curve to price a multi-year compute contract against.
H100FIX is the weighted geometric mean of the three tier medians, in natural units: $/GPU-hr. Same legs, same frozen 40/35/25 weights, same ≤14-day carry governance as KH100 — computed from the same tick at the same instant, so the fix and the index can never disagree.
FIX = KH100 ÷ 100 × $3.0279 — the base-day fix (2026-07-03). One methodology, two projections: quote KH100 to talk about change, quote H100FIX to talk about money.
Dollar levels are never spliced or rebased. Pre-July-2026 history is the neocloud tier's real dollars alone, drawn as its own labeled line. Ornn's transacted print rides beside the fix as the market-truth cross-check — never averaged in.
One dollar fixing for the H100-hour — reconstructable from raw archived offers, printed daily.