Lifecycle of a Unit

From issuance to consumption

From a market perspective, each Unit goes through a simple life cycle:

• Issued

  A supplier or Capacity Aggregator lists Units at one or more price levels.

• Traded

  A buyer order matches these Units. Ownership of the Units moves from the supplier Trading Account to the buyer Trading Account. Buyer can start consuming inference instantly by transfering this unit from their Trading to Consumption Account.

• Tradable Window

  The Unit can now be resold on the CLOB until the next Scheduled Sweep*.

• Swept to Consumption

  At the next Sweep event, all Units remaining in the buyer Trading Account for that Instrument are force transferred into the buyer Consumption Account as Lots.

• Consumed or Expired

  The buyer applications use those Lots via the API during their 4 hour consumption window. Any leftover tokens at the end of that window expire.

*Scheduled Sweeps from Trading to Consumption Account are coming soon. Currently, all units are transferred to the Consumption Account as soon as the trade is filled.

Why this matters

This flow ensures that every Unit is either used or expired within a bounded horizon, which is critical for inference as a non storable commodity.