DataFi — Institutional License Schedule

Flagship

The GM! Index, modeling DeFi forward conviction with the DataFi likelihood-native foundation model

GM! Index. Current flagship product — the highest-yield, most active composite instrument. The flagship designation may change over time through an auditable process.

Probability density foundation model

Probability density foundation model. The tape under GM!. One reusable probability density, not a time-series forecast of the next bar and not an information coefficient. Paper until a constructor is promoted.

License schedule

Annual list, USD. Prepaid. One grant does not include the others.

License	Unit	List	Rights	Note
Academic / delayed research	legal entity · year	$6,000	Delayed display, non-commercial	≥15 minute delay. Attribution required. No systematic use. No derived product.
Delayed display	legal entity · year	$18,000	Delayed display, internal	Compliance and research screens. ≥15 minute delay. No non-display. No redistribution.
Professional display	named user · year	$14,400	Real-time display	Desk and terminal. One named professional. Minimum one user. Not a machine feed.
Internal non-display	legal entity · year	$96,000	Systematic internal use	Models, OMS, risk, allocation. Includes display for that entity. No redistribution.
Enterprise site	legal entity · year	$180,000	Display + non-display + archive	Unlimited internal users at one entity. SLA. Performance history included.
Performance archive	add-on · year	$24,000	Auditable history	Published-print archive for an existing display or non-display license. Not construction internals.
Derived / listed product	on application	from $360,000	Public redistribution / listing	Floor. ETP, listed future, note, or public redistribution. Or participation on related product AUM — on application.

What the license conveys

The published DataFi index — omega book cells, omega market line, licensed books, and the then-current flagship composite.
Written methodology (prospectus and theory), including the auditable process by which the flagship composite may change. Construction and omega internals are not licensed.
Auditable performance history of published prints for the licensed universe and term.

Terms

Non-custodial data/index product. Not selling options or futures. Not holding customer assets. GM! is a data access service, not investment advice.
The license is of DataFi. GM! is the current flagship composite — the highest-yield, most active instrument — and may change through the published, auditable process.
Non-exclusive, non-transferable, non-sublicensable except as written in the license.
Annual, prepaid. List in USD. Invoice in USD or USDC on Base.
One legal entity per site license unless an affiliate schedule is attached.
Professional display is per named user. Non-display and enterprise are per entity.
Derived-product and redistribution rights are never implied by a display or non-display grant.
Public delayed tape remains public. STUDIO board checkout is a separate retail surface and is not this license.
The metered agent catalog (GET /services.json) is a separate per-call surface and is not this license.
Not investment advice. Not a security. Not execution or custody.