Subnets / SN128
ByteLeap SN128
ByteLeap (subnet 128) is a Bittensor subnet held by 1,009 unique coldkeys. Its liquidity pool holds 4.1k τ, with the alpha token trading at 0.0028 τ. Roughly 24% of tracked holders are in profit — most bought in above today's price. Seller exhaustion is elevated: 86% of recent sellers have emptied their wallets, thinning the supply overhang. Full insider flow, whale tracking and the complete proprietary factor set for ByteLeap are available to SubnetStats subscribers.
ALPHA PRICE
0.0028 τ
IN TAO
HOLDERS
1,009
UNIQUE COLDKEYS
POOL DEPTH
4.1k τ
TAO IN POOL
7D MOMENTUM
+6.5%
ALPHA vs TAO
Project activity
Over the past month, Bittensor packed three heavy protocol rules onto the chain. They are reshaping how a subnet actually runs.
· Null Consensus: a subnet can scale its compute and grow far more nodes.
· eTAO: owners can retune miner and validator incentives as the project deve
Bittensor's runtime 488 is live on mainnet, starting at block 9,442,681. This upgrade includes Gamma: burn subnet alpha for dollar-valued service credits.
To actually mint, root still has to turn on the network-wide switch, each subnet has to enable it on its own, and there nee
More than APR, I want to see actual revenue.
I want to know how many dollars are actually received each month, with a clear definition. Every extra dollar gives stakers another layer of support beyond emissions.
Realized revenue is what makes the ecosystem more convincing.
Grayscale's S-1/A, filed Oct 23, describes Bittensor's base chain plainly: Subtensor runs on Proof-of-Authority. Nodes join only with Opentensor Foundation approval, and most are owned or controlled by the Foundation.
This is more than a risk disclosure.
Every subnet's emissio
Null consensus is a trade-off.
Once a subnet opts in, the top-staked validator sets all weights. Others still earn dividends pro rata, and slots rise from 256 to 2,500.
It trades weight competition for scale, at the cost of concentrated power. Best for deterministic scoring. ht
KR1 plc's $TAO position is small, about $1.25M against a $2.9B market cap.
What matters is that a listed company is willing to disclose its holding and an estimated yield of about 6.6%. That lets traditional investors understand $TAO in a way they already know.
Whether corporat
SN105 Beam is now live on Hugging Face, and its Zapier integration is live too.
Teams can move datasets and model weights in and out of HF through a subnet, or make it one step in workflows they already run.
Demand starts where users already are. https://t.co/oL7KTKepI9
How far is Bittensor from its vision?
Estimated external subnet revenue is $50M+ a year. Emissions are worth roughly $330M at today's price. Revenue covers about one sixth.
The gap closes with paying users and revenue anyone can verify.
Customers, not price. https://t.co/KXhGh
Subtensor merged quantum-resistant wallets into its next release.
Wallets can sign with ML-DSA-65 or Falcon, and any wallet can rotate its signing key without changing address. Existing wallets need no migration.
Not live yet, but the path is set. https://t.co/YTbvLKx1yc
Healthy ecosystem growth rests on stable rules, not on owner discretion.
SiamKidd proposes that owners reward long-term lockers from the owner key. But rewards that depend on owner goodwill are hard to plan around. Stakers need rules the chain enforces, so loyalty belongs in the
Grayscale filed Amendment No. 2 for its Bittensor Trust. Plan: rename to Grayscale Bittensor ETF, list on NYSE Arca as GTAO, pending registration and approval.
Brokerage rails may soon meet the asset we already work with on-chain.
Mainnet Release 484 is also live: stake on a di
The first eTAO emission splits are on-chain.
SN8 Vanta set its owner cut to 0%. SN41 Almanac went from 18% to 10%, lifting miners to 50%. SN36 and SN70 took the 33% max.
For miners and stakers, the split is now part of due diligence.
Incentives are now a public choice. https:/
I noticed that under Runtime v482, new subnets now register with emissions on by default.
Things are moving fast. https://t.co/FPUWmIJApX
Undoubtedly, this is very beneficial for the development of subnets, a great infrastructure for owners who really want to get things done, and it is optional, giving owners considerable freedom.
Bittensor's eTAO is live.
Alpha emissions inside a subnet are no longer locked to one network-wide split. Owners can now set their own allocation within the rules: owner 0–33%, validators ≤50%, miners ≥33%, about once a week.
Subnets can finally tune incentives to what they ac
The upside of Null Consensus is obvious.
It lifts a subnet from 256 to as many as 2,500 UIDs, and miner rewards follow exact integer weight ratios, so a tiny share can still be expressed across thousands of miners.
The gain is scale, precision, and a single accountable evaluato
This Null Consensus change is huge. From now on, whoever stakes the most has the final say,there’s no longer any check and balance between validators. https://t.co/lYmUgVQuW1
AI is advancing at an unprecedented pace. At the same time, decentralized AI is accelerating.
Centralized labs are scaling models. Open networks are scaling participation, competition, and ownership of intelligence.
Bittensor is positioning itself at the center of this shift —
Bittensor just shortened new subnet immunity from 120 days to 60 days and sped up the registration cost decay.
This forces faster capital recycling and leaves less room for projects that don’t generate real activity. The bar for staying alive is rising.
Open networks need mecha
It would be interesting if Gamma were a similar type of stablecoin.
Companies turn intelligence into an asset. A federation turns it into public infrastructure.
A company can be acquired. A federation has to keep running after the people who built it are gone.
Permissionless. Participatory. Verifiable. An open network.
Once bittensor:native breaks past $300, market attention will shift back to Bittensor.We believe the subnet ecosystem will flourish once https://t.co/nwipUUluMM patient!
Congrats to conjectures and the SN66 miners.
Erdős Problem 96 sat open for 66 years. The construction shows strictly convex polygons can have superlinearly many unit-distance pairs, and the Lean kernel checks the file.
This is the part that matters: same statement for everyone,
Volunteer spirit cannot produce frontier intelligence. Only by pricing both compute and talent through digital markets the way Bitcoin pays miners can we hope to outcompete those centralized labs.
Can markets price talent as accurately as they price hash? This remains an open qu
We have submitted the complete documentation to Const and formally applied to restore SN128’s emission.
Over the past few months, the project has achieved outstanding commercial revenue. Bittensor has provided us with a batch of high-quality GPU resources, and we have also used
SELLERS DRAINED
86%
28D SELLERS EMPTIED OUT
CAPITULATION
-1.12
BOUNCE COMPOSITE (z)
HEAT 7D
0.18×
VOLUME ÷ POOL DEPTH
HOLDERS IN PROFIT
24%
TRACKED WALLETS · ENTRY BELOW PRICE
WHAT'S CARRYING THE PRICE · 30D—emission rank #61 · below the bar (rank 32)
30D RETURN
+1.2%
ALPHA vs TAO
WITHOUT CHAIN BUYS
—
SAME 30 DAYS, PROTOCOL BID REMOVED
CHAIN SHARE OF BUYING
0%
CHAIN BUYS vs TRADERS' NET
CHAIN BUYS / DAY
0 τ
PROTOCOL BUYING ITS ALPHA
See who's buying and selling ByteLeap — every trade classified miner / validator / owner / outsider, plus holder cost basis and the full 23-factor screener.
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