First liquid futures market for critical minerals

Trade Lithium.

Perpetual futures on the commodities that power the energy transition. Transparent pricing. Institutional-grade oracle. Built for the post-China supply chain.

Li₂CO₃ 99.5% $11,240 +2.4%
Cobalt Metal $28,850 -1.1%
Nickel Sulfate $4,320 +0.7%
Oracle Status ● LIVE

$5 billion to secure supply.
No infrastructure to trade it.

Western governments are pouring capital into critical mineral supply chains to decouple from China. But the financial infrastructure to price, hedge, and finance these minerals doesn't exist.

70%
of frontier critical mineral supply flows through Chinese offtakers who provide financing at 15–25% discounts to spot
10×
lithium carbonate price move from 2020–2024, with no hedging tools available to producers or consumers
$0
liquid derivative markets for battery-grade lithium, cobalt metal, or nickel sulfate that match real production specs

Without hedging

A lithium producer in Chile needs $100M to expand. Western banks say: "How do we know you can service the debt if lithium drops 60%?" Without a hedge, the bank says no — or demands 15%+ interest. The producer's only option is a Chinese offtaker who'll finance in exchange for 80% of production at a steep discount. Locked in. Single buyer dependency.

With Atlas

The same producer hedges 60% of output at $11,000/ton on Atlas. Goes back to the bank: "Revenue is locked in. Here's the position." Bank lends at 9%, lighter covenants, bigger facility. The producer saves $6M/year in financing costs and keeps their offtake freedom. No Chinese dependency.

"Policy secures supply. Atlas makes it tradable."

The US government just backed a $1.8B consortium (Orion CMC) to acquire critical mineral assets globally — including a $9B stake in Glencore's DRC cobalt operations, announced February 2026. The IRA, EU CRMA, and CHIPS Act are channeling hundreds of billions toward supply diversification. But capital without market infrastructure is capital without leverage. Atlas builds the missing financial layer.

Three layers, one product

A proprietary oracle, cash-settled perpetual futures, and an institutional-grade wrapper — delivered through a single interface.

01

Proprietary Oracle

Multi-source price aggregation from global commodity assessment services. Transparent methodology. Real-time interpolation between assessment windows. Auditable, open, verifiable.

02

Perpetual Futures

Cash-settled perps with USDC collateral. No expiry, no physical delivery. Tight spreads from professional market making. Up to 10× leverage on launch.

03

Institutional Wrapper

Hedge accounting compatibility. Compliance documentation. API integrations for treasury systems. Built for a mining CFO, not just a crypto trader.

Price discovery, from scratch

No existing benchmark serves frontier producers. We built one — aggregating from the same sources the physical market trusts, with the transparency crypto demands.

Data Sources

Our oracle aggregates assessments from the leading commodity price reporting agencies, weighted by methodology quality and market coverage. Outlier detection and circuit breakers protect against manipulation.

  • Shanghai Metals Market (SMM)
  • London Metal Exchange (LME)
  • Fastmarkets
  • Benchmark Minerals Intelligence
  • CRU Group
  • S&P Global Platts
  • Cochilco (Chile) / ESDM (Indonesia)
Lithium Carbonate 99.5% Battery Grade
$11,240/t
Last Assessment 14:30 UTC
Sources Active 5 / 7
24h Range $10,980 — $11,340
30d Volatility 18.4%
Methodology View Full Spec →

Built for this moment

CN

Charles Nichols

Founder & CEO

Co-founded SunCulture, scaling solar asset finance to 30,000+ customers across East Africa. Founded Nuzo, building local currency stablecoin infrastructure with agent distribution networks. Rare combination: emerging market operational experience, frontier tech infrastructure, and institutional fundraising credibility. Not a crypto founder pitching institutions — a proven EM fintech operator who understands how to structure financeable assets from illiquid collateral in weak banking environments.

$100M+
Raised at SunCulture
30,000+
Customers in frontier markets
2
EM fintech companies built

The future of commodities
is on-chain.

Atlas Markets is building the financial infrastructure to make frontier critical minerals tradable, hedgeable, and financeable.