Ocean Network launches P2P GPU compute marketplace

Ocean Network has launched a decentralized peer-to-peer compute marketplace that lets users rent idle GPUs and CPUs and pay per job in Circle’s USDC on Coinbase’s Base, an Ethereum layer-2 network. Jobs are dispatched to selected Ocean Nodes and results are returned to users without local infrastructure management.

Payments use a pay-per-use escrow that holds funds while a job runs and releases them only after the node returns the expected output. Charges reflect the exact resources consumed-time, hardware and environment. Ocean Network plans a card-to-compute on-ramp that will let users pay by credit card while the system converts payments to USDC behind the scenes.

Users submit containerized jobs in languages such as Python and JavaScript, filter for hardware models and set minimum CPU and RAM requirements. The service supports Nvidia H200, A100 and Tesla T4 GPUs. Jobs can be monitored live and results are pulled back automatically into the developer’s local environment. Ocean Orchestrator, the product formerly known as the Ocean VS Code extension, integrates with VS Code, Cursor, Windsurf and Antigravity so developers can run remote jobs from within their IDE.

Ocean Network runs benchmark jobs across nodes to verify capacity and performance. The platform uses a Compute-to-Data method to protect sensitive information: algorithms execute in isolated containers where the data resides and only outputs are returned. Identity and access control use Alchemy’s smart wallet, which provides sign-in via Google accounts, email or passkeys so users do not need to create a separate crypto wallet.

Bogdan Fazakas, Ocean Network’s lead engineer, gave examples of how supply and controls work. He offered a user scenario: “Think about a gamer who plays 10 hours a day on their PC and wants to monetize that processing power during the hours they’re not using it on our network.” He described throttling controls with an example: “You can set a node to use only, for example, 10 USDC. After you reach 10 USDC, the job will be stopped.”

Ocean is inviting Web2 data scientists, data analysts and Web3 developers to a public beta and is offering $100 in complimentary credits to new accounts. The company partnered with Aethir to supply initial high-performance GPUs. The beta will first focus on the demand side; starting in mid-April Ocean Network plans to open node hosting so individuals and businesses can monetize unused GPU and CPU capacity.