Arthur Hayes, BitMEX co-founder and CEO of Flop Labs, has laid out a more concrete framework for how the Flop Network’s native token could help turn AI compute into something closer to a tradable commodity. Writing two days after selling portions of his altcoin holdings, Hayes argued that if AI agents use Flop as a payments layer, then a measurable “compute spot price” denominated in the network token could become the market’s global reference point.