Power, Accessible for Everyone.
In the AI and compute build-out, grids everywhere are under strain, and neither frontier labs nor households can manage what they consume. Grid Strategies puts U.S. demand up 16% by 2029; DOE and LBNL see data-centre use doubling or tripling by 2028.
Trading venues are closed to retail, and even professionals can't freely trade or directly hedge tail risk on today's primitive market structure.
Parabola turns that strain into something you can act on: an open exchange where anyone exposed to power, from a training campus to a household, can cap the hours that break their budget and trade the swings they can't consume around.
Three doors, one book →Three doors. One book.
Cap the hours that spike.
Bring your hourly load. Choose a strike. Buy a capped payout on every hour above it. Premium fixed up front, payout scales with how hot the day gets, and your maximum loss is the premium.
Open HedgeTen seconds. One curve.
Say where you think tomorrow's price lands and how sure you are. We turn that into a distribution and price it against ours. Where you're right, you make money. Your stake is the most you can lose.
Open TradePublished before. Scored after.
A daily probability curve for every hub we list, gate-tested before release, scored against the settled print, hash-chained so it can never be quietly revised. The mark nobody has to take on trust.
See the IndexScored against what actually happened
Before you buy any protection you have to decide how much, and what it should cost. A calibration-tested probability is that input.
Published daily before the outcome is knowable, scored against the realized price the next morning. Three gates run before every publish; fail one and the curve does not go out.
Built for the market that's coming
Power is the input to everything, its price is now a political issue, and the people paying for it have no instrument. The demand for a public market is already here. Only the venue is missing.
Distribution markets are a known primitive. Nobody has run one on a real commodity against a public, scored reference curve. That is the gap.
The paper exchange.
Reference curve public and scored daily. Settlement engine solvency-audited. Hedge, Trade and Index doors open. Positions pre-funded, capped, deterministic.
Collateralized hedges.
Capped calls sized in MWh. Stablecoin escrow, settled on the grid print. First writers: batteries and generators. Curve hashes committed onchain.
Protection for everyone.
Bill protection from a phone. Permissionless vaults on the sell side. Market prices supersede the house curve. Every new hub launches with its own scored record.