Subnets / SN50
Synth SN50
Synth (subnet 50) is a Bittensor subnet held by 2,614 unique coldkeys. Its liquidity pool holds 9.1k τ, with the alpha token trading at 0.0032 τ. Roughly 0% of tracked holders are in profit — most bought in above today's price. Seller exhaustion is elevated: 91% of recent sellers have emptied their wallets, thinning the supply overhang. Full insider flow, whale tracking and the complete proprietary factor set for Synth are available to SubnetStats subscribers.
ALPHA PRICE
0.0032 τ
IN TAO
HOLDERS
2,614
UNIQUE COLDKEYS
POOL DEPTH
9.1k τ
TAO IN POOL
7D MOMENTUM
-6.1%
ALPHA vs TAO
Project activity
Yesterday, a forecasting model built by a Gemini 4 Argon agent topped Synth's live Crypto 1h competition.
It has since fallen outside the top 100.
Meanwhile, its ranking in the Crypto 24h competition has steadily continued to improve.
Agents powered by frontier LLMs like @Goog
A closer look under the hood of AutoQuant, starting with Gemini 4 Argon, which topped its campaign against three other frontier AI agents.
What did it actually build?
We examine its $70.95 forecasting model in six steps. 🧵 https://t.co/IJ9oCiyFpz
Synth Ultra miners can now compare forecasts with what happened next.
New downloadable datasets cover 500 prompts per asset, per day, across the past 7 days:
→ Market inputs
→ Your model's forecasts
→ Actual prices and competition-wide scores
Dataset access below ↓
You can now follow AutoQuant on our website: see exactly how 11 AI-built forecasting models hold up against Synth’s quants on #SN50.
Frontier models may be good and getting better, but they’ve got some catching up to do.
Explore the rankings ↓
https://t.co/nXRHZzmb18 https://t
Synth now ties miner rewards to collective performance.
AutoQuant uses models built by frontier AI agents to set a benchmark: the further miners outperform it, the less is burned and the more goes to miners.
This week’s miner burn: 22%, unchanged from last week.
No frontier AI agent has yet beaten Synth’s top quant miners.
We know because we built AutoQuant.
It gives SOTA LLM agents $100 and 18 hours to build a Monte Carlo forecasting model, then tests them against live SN50 miners on fresh market data.
Now open source. ↓ https://t.co
Google's TimesFM-3 climbed from 196th → 2nd in our historical tests on Synth, after five task-specific adaptations.
Yet our adapted Chronos-2 system still outperformed it in four of five later evaluation periods.
The model matters. What you do with it matters more.
Full resear
92 days on SN50. Up to $38,231 in mining rewards.
To every miner raising the bar in Q3: thank you.
Think you can do better in Q4? Come compete. https://t.co/8pGDl14kOz
New forecasting models keep arriving. How do Synth’s miners stay competitive?
Our latest research adapts @GoogleResearch's TimesFM-3 to Synth’s crypto forecasting task, testing it against our established Chronos-2 system using historical market replays.
Three things stood out:
Synth Ultra expands beyond Bitcoin.
ETH, SOL and XRP are now live, each with its own ranking and miner rewards starting today.
The challenge: forecast price distributions 10 seconds ahead, targeting inference under 5ms.
Different markets bring different dynamics - opening more
Synth Ultra applications are open again.
We’re opening one new miner slot each day for the next 20 days, welcoming more distinct forecasting models into our high-frequency competition.
Applications are prioritised in arrival order. Apply once: your place in the queue carries fo
They are not wrong
1/ Introducing Volatility CRPS Updated
As we continue our mission to build the world’s most accurate financial forecasts, we’re introducing a new scoring mechanism to our competition:
Volatility CRPS is now live in the Crypto 1h competition, directly scoring how accurately ea
Excellent presentation by @const_reborn
We are proud to be a leading subnet by revenue and excited to continue contributing to the growth of Bittensor's intelligence
Cookin' https://t.co/eFGXC6ncd0
Ultra getting an upgrade soon
Another killer use case for the Synth Ultra 10 second predictive price modelling competition
👀👀
Synth Ultra is now live. Ultra-low-latency forecasting for HFT systems has been achieved on Bittensor @opentensor
Very proud for our research to be mentioned by @opentensor in their latest Ecosystem Highlights
We appreciate all the comments on our research and will address questions in our next article on 'modelling Binance autocorrelation' via Synth Ultra our latest machine learning modelling competition
Anyone can submit models to Synth Ultra to compete against the best quants and
1/ Synth's HFT team has found that @Kalshi’s 15-min BTC market is beginning to predict subsequent BTC moves on @binance and all other CEXs.
And strength of this predictive relationship has grown materially throughout 2026 (see image).
@Kalshi is becoming the venue for BTC pric
Hyperfrequency Financial Intelligence https://t.co/lljwyuRihR
Milliseconds matter more than ever.
Introducing Synth Ultra, our new ultra-low-latency modelling competition.
Models compete to predict the distribution of asset prices 10 seconds into the future, with less than 5ms latency.
Apply below. Launching August 20. https://t.co/U4Fsf
Synth mentioned in @business !
We have spent a lot of time over the last few months speaking with leaders in prediction markets, volatility, market microstructure and probabilistic forecasting.
Expect a lot more from us as to ramp up our public research into frontier markets.
SELLERS DRAINED
91%
28D SELLERS EMPTIED OUT
CAPITULATION
+0.68
BOUNCE COMPOSITE (z)
HEAT 7D
0.39×
VOLUME ÷ POOL DEPTH
HOLDERS IN PROFIT
0%
TRACKED WALLETS · ENTRY BELOW PRICE
WHAT'S CARRYING THE PRICE · 30DMIXEDemission rank #63 · below the bar (rank 32)
30D RETURN
-30.4%
ALPHA vs TAO
WITHOUT CHAIN BUYS
-30.4%
SAME 30 DAYS, PROTOCOL BID REMOVED
CHAIN SHARE OF BUYING
—
CHAIN BUYS vs TRADERS' NET
CHAIN BUYS / DAY
0 τ
PROTOCOL BUYING ITS ALPHA
See who's buying and selling Synth — every trade classified miner / validator / owner / outsider, plus holder cost basis and the full 23-factor screener.
OPEN THE INSIDER TAPE →