Subnets / SN4
Targon SN4
Targon (subnet 4) is a Bittensor subnet held by 7,537 unique coldkeys. Its liquidity pool holds 143.4k τ, with the alpha token trading at 0.0583 τ. Roughly 61% of tracked holders are in profit. Over the last 7 days the alpha price is up 0.8% in TAO terms. Full insider flow, whale tracking and the complete proprietary factor set for Targon are available to SubnetStats subscribers.
ALPHA PRICE
0.0583 τ
IN TAO
HOLDERS
7,537
UNIQUE COLDKEYS
POOL DEPTH
143.4k τ
TAO IN POOL
7D MOMENTUM
+0.8%
ALPHA vs TAO
Project activity
Who decides how a subnet pays its miners, validators and owner? With eTAO, the subnet does, within firm limits.
The first written companion to Talking Targon covers what changed, why it took years, and the guardrails. From Ep. 01 with @const_reborn.
Full piece in the replies ↓
We have just repurchased and burned 1,772 TAO (~$445K) of SN4 alpha using organic revenues generated via https://t.co/OogKmAvEay
We have also burned an additional 6,678 TAO (~$1.7M) worth of SN4 alpha, which also represents revenue generated via Targon https://t.co/0sP0jxrWBi
With exploits on the rise, plan for the host getting breached.
Targon Virtual Machines run on Intel TDX.
Memory is encrypted with keys the host never sees, so even a compromised server can’t see your data, your weights or your code.
Bittensor is adapting, and passing more control to the network participants.
eTAO is yet another step toward true decentralization.
“Inside of a competitive network, where you're being governed by the market.” @const_reborn on Talking Targon https://t.co/xJ8s2VSKHN
Talking Targon, Ep. 01 is now live.
Bittensor co-founder Jacob Steeves aka @const_reborn joins us to break down eTAO, the upgrade that lets subnet owners decide how their emissions are split.
We get into subnet economics, the guardrails against exploits, and what it unlocks for
With eTAO on the horizon, it's finally time.
Talking Targon 001 with @const_reborn drops tomorrow. https://t.co/B5Per0mo6C
Tune in later today for some big news on the future of Bittensor and subnet capital allocation.
We have some surprises dropping soon so stay tuned 👀
Last week in Montreal, we sat down with a few of our fellow builders working to push the boundaries of permissionless intelligence on Bittensor.
Innovation is happening rapidly, and we're proud to be shipping alongside such a talented group of passionate leaders.
Thank you to
NVIDIA B300s are now available on demand.
Secure GPUs are selling out fast on Targon, Ready to deploy on Blackwell?
Grab yours now at https://t.co/siuXJPbZtw https://t.co/e4edBlE1FB
We're excited to share that Bare Metal and Sandboxes are now live on https://t.co/RxzEHJPN0t
Bare Metal
→ An entire physical machine dedicated to your organization
→ No hypervisor, no container runtime, no noisy neighbors
→ Full control of kernel, drivers and firmware-level
Happy to help! Proud to be trusted with running critical workloads such as validators.
Very excited to see the talented team at DeSci Labs join the Bittensor ecosystem, their research and expertise are sure to add long-lasting value to the network. 🔬
It's been a pleasure working with the @cascade_sn91 team on their recent SN91 launch.
As the first team out of the @bitstarterAI ML track, we were proud to support them with initial compute credits on Targon.
Excited to continue powering their pursuit of SOTA time series founda
Proud to power @TheoriqAI with secure confidential compute for their agentic market research.
Large GPU blocks on demand, with hardware-level guarantees that keep the workload and its data private even from the machines running it.
Excited to keep powering experimental resear
Over the past month, we have repurchased over 550 TAO (equivalent to $115,000+) of SN4 alpha using organic revenues from the Targon Confidential Compute platform.
Our commitment to building a sustainable flywheel will continue with the growth of our permissionless compute mark
Confidential compute has been flying on https://t.co/OogKmAvEay
If you are looking for sold out NVIDIA H200s, H100s, B200s, B300s, RTX 4090s, or CPU Servers,
You can now be notified as soon as more come online using Targon Restock Alerts 🔔 https://t.co/jIAFD5eddr
Targon Organizations are officially live. Team collaboration on https://t.co/RxzEHJPfaV now enables:
→ Shared workloads with one bill
→ Owner, admin, and member roles
→ Org-scoped tokens for CI/CD
→ Confidential compute, now for teams
Invite your team members by email. Workload
TargonOS is officially live. Confidential compute on https://t.co/RxzEHJPfaV now enables:
→ Rentable GPU/CPU VMs
→ Root access from day one
→ Hardware-attested isolation
→ End-to-end encrypted workloads
Distributed compute, with confidentiality backed by industry leaders like @
Public trust in Big Tech’s hyperscale model is collapsing in real time.
The biggest companies want total control over compute, all while collecting your data and raising costs.
Permissionless at-home distributed compute is the natural alternative, putting ownership and sovereig
Tune into Novelty Search tomorrow to hear the latest on TargonOS, and what's coming next from the network.
Exciting to see Chamath and J-Cal discussing the power of Targon distributed confidential compute on @theallinpod
“I do think this idea of distributed inference has a real place in the American ecosystem.”
We appreciate the mention, and are excited to watch the continued growth
MinosVM 2.0 is now live on https://t.co/RxzEHJPfaV
Proud to power @theminos_ai with secure confidential compute. MinosVM 2.0 improves native agent support and moves SN107 from manual optimization toward autonomous improvement.
Excited to keep powering genomics infrastructure on
Announcing Targon Tower Pro, and our mission to take back compute ownership.
High Performance At-Home Computing
→ The Targon Tower powers ultra-high performance at home computing, with enterprise grade security,
enabled by Nvidia confidential computing GPUs, and Intel TDX enabl
Over the past month, we have repurchased 2000 TAO of SN4 alpha using organic revenues from the Targon Confidential Compute platform.
We remain committed to building a sustainable flywheel for the continued growth of our decentralized cloud.⚡️ https://t.co/pKIjaL9lPv
Demand for Confidential Compute has skyrocketed recently, with stock selling out immediately.
With this in mind, we are excited to announce more Confidential H200s are available now for a limited time.
Looking to scale or deploy with Targon? Act Fast: https://t.co/siuXJPbZtw ht
Compute supply on https://t.co/buFR01d46X is selling out immediately upon hitting our market.
If you are a supplier, Targon is the best place to monetize your idle compute.
Head over to our supplier portal to monetize your compute supply today: https://t.co/WhfcPU2GzE
SELLERS DRAINED
65%
28D SELLERS EMPTIED OUT
CAPITULATION
-1.20
BOUNCE COMPOSITE (z)
HEAT 7D
0.17×
VOLUME ÷ POOL DEPTH
HOLDERS IN PROFIT
61%
TRACKED WALLETS · ENTRY BELOW PRICE
WHAT'S CARRYING THE PRICE · 30DORGANICemission rank #3 · above the bar (rank 32)
30D RETURN
+12.6%
ALPHA vs TAO
WITHOUT CHAIN BUYS
+3.3%
SAME 30 DAYS, PROTOCOL BID REMOVED
CHAIN SHARE OF BUYING
75%
CHAIN BUYS vs TRADERS' NET
CHAIN BUYS / DAY
233 τ
PROTOCOL BUYING ITS ALPHA
See who's buying and selling Targon — every trade classified miner / validator / owner / outsider, plus holder cost basis and the full 23-factor screener.
OPEN THE INSIDER TAPE →