Bittensor’s Subnet Ecosystem
Company revenue (Annualized)
ReportedTotal revenue of the companies operating each subnet.
- Last 30 days
Each month's company revenue × 365 ÷ the days our data covers. Reported by subnet teams through their public dashboards, except SayGM, which we estimate from published data. 9 of the 16 subnets we track don't report company revenue and aren't included.
Subnet revenue (Annualized)
VerifiedOnchain buybacks of subnet tokens by those companies.
- Last 30 days
Each month's subnet revenue × 365 ÷ the days our data covers. Team buybacks and buy-and-burns from tracked team wallets, read from the chain and valued at each day's TAO/USD close. Emissions are not counted.
taopill revenue index
Subnets that don’t report company revenue still appear with their subnet revenue.
| LiumSN51 | $33.2M | $0 | $3.5M | $121.9M |
| TargonSN4 | $7.7M | $5.5M | $1.8M | $72.3M |
| SayGMSN28 | $6.2M | $891K | $106K | $29.8M |
| EngySN53 | $2.3M | $2.1M | $322K | $33.9M |
| AlmanacSN41 | $1.4M | $1.2M | $262K | $11.4M |
| BitcastSN93 | $381K | $1.1M | $366K | $13.5M |
| ReadyAISN33 | $103K | $0 | $12K | $3.3M |
| ChutesSN64 | Not reported | $0 | $3.6M | $86.7M |
| VantaSN8 | Not reported | $2.1M | $214K | $43.5M |
| ScoreSN44 | Not reported | $373K | $44K | $40.8M |
Company revenue is the last 30 days × 365/30, shown once all 30 days are in. Subnet revenue is team buybacks over the last 30 days × 365 ÷ the days our data covers, and its total is everything since our data for the subnet starts, not annualized, each valued at the day's TAO/USD close. Market cap is Taostats' latest, at the Nov 11 TAO/USD close. A dash means no data yet.
Subnet flows
Daily buying vs. miner rewards. Positive net flow means non-speculative buying outweighs what miners earn and are likely to sell.
- Protocol token buys
- Registration fees
- Team buybacks
- Miner payouts
| $58K | Targon | $35K | +$23K | 1.65× | ||
| $96K | Lium | $74K | +$22K | 1.29× | ||
| $56K | Chutes | $43K | +$13K | 1.30× | ||
| $32K | Engy | $21K | +$11K | 1.51× | ||
| $27K | SayGM | $20K | +$7K | 1.37× | ||
| $33K | Affine | $26K | +$7K | 1.28× | ||
| $30K | Vanta | $24K | +$7K | 1.29× | ||
| $28K | Score | $21K | +$6K | 1.30× | ||
| $19K | Teutonic | $14K | +$4K | 1.30× | ||
| $14K | NOVA | $10K | +$4K | 1.36× | ||
The table covers the 32 subnets with the highest net flow. Buy side and miner payouts share one scale. Ratio is buy side divided by miner payouts. Amounts are USD per day, averaged over the 30 days Oct 13–Nov 11, the latest 30 with every flow recorded, converted at the Nov 11 TAO/USD close. Protocol token buys are the Bittensor chain using TAO emissions to buy the subnet's token; the TAO it adds to the pool as liquidity isn't counted. Team buybacks are counted for the 16 subnets we track.