Buyback Ledger

Subnet teams announcing alpha buybacks in the last 90 days, checked against the chain. A buyback only matters if it is big against the pool — and since the Emissions Gate, the protocol itself is the largest buyer on most top subnets, so we show which one is actually carrying the price.

EMISSIONS GATE

TEAMS ANNOUNCING

BUYBACK POSTS · LAST 90 DAYS

POSTS

FROM TRACKED SUBNET ACCOUNTS

OWNER-WALLET BUYS SEEN

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FOR SUBSCRIBERS

The ledger

announcements · on-chain columns for subscribers

Subnet	Posts	Last post	Latest announcement
Allways SN7	1	2026-11-06	TRON UPDATE: JUST DAO has burned 1,881,973,007 JUST ($JST) across five rounds, 19.01% of the initial total supply and worth about 118.15M USD, according to its …
Bitcast SN93	5	2026-10-22	$93k bought back over the last 30 days. Fuelled by real demand. Companies paying to reach relevant audiences across the Bitcast network. https://t.co/r1nFRorPg…
RedTeam SN61	1	2026-10-20	Our new website is live at https://t.co/rCq2gnvYUl. It now tracks buybacks, conviction-locked alpha and monthly miner submissions live from the subnet, with th…
gm SN28	2	2026-10-17	Second buyback and burn done. $104k of SayGM alpha burnt, 20.3% of miner emissions offset. The road to 100% continues. https://t.co/w0ZNkd3aSj https://t.co/…
Ditto SN118	5	2026-10-16	Ditto's commitment: 50% of profits buy back the Ditto alpha token. Then we burn it. Build, sell, buy back, burn, repeat. Every seat, every business build and e…
CookingTAO SN122	6	2026-10-16	Revenue from @CookingTao_ crossed $1000 milestone within beta v2 phase. > run miners in bittensor subnets with few clicks. > everything managed and powered by …
blockmachine SN19	3	2026-10-15	Last month we burnt the entire Protocol Stability Reserve and called it the first step toward offsetting 100% of miner emissions through burns. Buyback #6: $7,…
ReadyAI SN33	2	2026-10-06	SN33 is closing in on six-figure ARR from the jobs API 📈 Last week's pace is now $95k. October is set to be the month we cross it. September buyback just com…
Perturb SN26	1	2026-09-30	we are buying back
Gradients SN56	1	2026-09-07	Over the weekend, we have bought back and burned 268 TAO worth of alpha collected via the tournament fees since the last burn. Extrinsic: https://t.co/xZ78P0hk…
Endure Network SN30	1	2026-09-02	Once Endure and Forge are live, every action inside that loop will become something Endure can score against real market behavior. Usage becomes revenue, reve…
Numinous SN6	1	2026-08-31	First Numinous buy-back is in! We bought back our alpha with 4 TAO. This is 10% of the revenue we made on the Forecasting API across July and August. Expect mo…
Nepher Robotics SN49	1	2026-08-20	Winner models are valuable robot intelligence. Selected high-value winners will now be available for purchase on tournament platform. 100% of proceeds go to SN…
Investing SN88	1	2026-08-14	88 is among the few subnets already generating revenue. We opened the 88 Public Index with an AUM cap of 10k Tao. A 20% auto-allocation flowed into buybacks. B…

Subscribers see each announcement checked against the chain: owner-wallet buys, their size against pool depth, how much the protocol's chain buys did, and whether traders are buying or selling.

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What we found. After the Emissions Gate, the subnets that combined real revenue buybacks with above-bar emission and outside buying beat the market by about 100 points over 75 days, and stayed ~50 points ahead even with the protocol's chain buys removed. Teams announcing buybacks without that — small buybacks, below-bar emission — mostly fell. Size against the pool is what decides it. Method. Announcements are posts from tracked subnet accounts matching buyback language; owner-wallet buys come from our classified trade tape (≥0.5 τ trades). This is a description of what happened, not a forecast. Not investment advice.