TrajectoryRLSN11 · Bittensor subnet

0.008001 τ$2.47

24H -1.89%7D -8.27%APR 8.3%

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YOU PAY (τ)

You receive ≈ — α

VALIDATOR

Slippage tolerance

Allow partial fill if price moves past tolerance

Network feeconnect to estimate

Taosis fee (15% of network fee)—

One signature (fee bundled with the swap) — untick if your Ledger refuses it

Signs a price-limited addStake / removeStake on-chain (same AMM as TaoSwap) — the transaction reverts (or partially fills, if allowed) rather than execute past your tolerance. Quote is local XYK. Taosis adds 15% of the network fee, collected in the same transaction — a failed swap charges no Taosis fee.

Agentic RL as a Service, Optimize agent trajectories to make agents cheaper, safer, and more reliable.

SN11, TrajectoryRL (α token λ), is one of the independent markets on the Bittensor network, each with its own α token and its own price. Its α currently trades at 0.008001 τ (≈ $2.47), against 20,556 τ of pool liquidity. On-chain, the best-delegated validator on it yields about 8.3% APR, emissions add 0.001127 τ to the pool each block, epochs run every 360 blocks. It was registered at block #2,918,568.

New to subnets? What a subnet is · How to use Taosis

Website ↗GitHub ↗

Price

0.008001 τ

APR

8.3%

TAO in pool

20,556 τ

α in pool

2,569,094 α

EMA price

0.008079 τ

α staked out

3,418,984 α

Vol 24h (indexed)

1,009 τ

Emission / block

0.001127 τ

Owner: 5D2Jhtbnm7iAdKfjRk6DisXBnr1MEsYat8kXqaPNrVqJP3uE
Registered: block 2,918,568
Tempo: 360 blocks / epoch
Swap fee: 0.050% (chain AMM)

Hyperparameters

Tempo: 360 blk
Immunity: 10,800 blk
Max validators: 64
UIDs: 256
Reg. burn: 0.0200 τ
Registration: open
Weights rate: 100 blk
Activity cutoff: 5,000
Commit-reveal: on (1)
Serving rate: 10
κ (kappa): 32767
ρ (rho): 10

Top 64 UIDs by reward
UID	Hotkey	Coldkey	Role	Stake α	Consensus	Incentive	Dividend	Emission	Axon	Reg. block
210	5GxBBZos…Vqv7inactive	5G1d4S…kq5V	miner	886	100.0%	100.0%	0.0%	147.601 α	—	#8,755,567
74	5ECzcM7s…yrMS	5D2Jht…P3uE	validator	1,594,858	0.0%	0.0%	68.5%	101.076 α	—	#4,920,350
189	5GgqDcxk…jYxz	5DEyLe…1Xy6	validator	281,476	0.0%	0.0%	15.6%	23.033 α	—	#8,783,506
236	5FnwjYYF…5VNi	5E9fVY…Yc5p	validator	133,964	0.0%	0.0%	8.9%	13.099 α	—	#7,618,269
206	5DFPWPnm…R185	5FHxxe…GpSs	validator	5,385	0.0%	0.0%	5.2%	7.692 α	—	#9,074,712
90	5GZGoeDm…fs11	5Fuzgv…krzo	validator	24,069	0.0%	0.0%	1.2%	1.755 α	—	#7,621,013
102	5E2LP6En…eZ5u	5GsbTg…pZX9	validator	9,164	0.0%	0.0%	0.4%	0.611 α	—	#9,105,468
48	5FHchzDV…NpNt	5E5BCH…6oHj	validator	2,384	0.0%	0.0%	0.1%	0.204 α	—	#9,107,038
235	5D7ekpEm…SL11	5GW9X8…jovV	validator	898	0.0%	0.0%	0.1%	0.131 α	—	#8,712,047
0	5CcPdsiv…nSE9inactive	5H8bkT…q7gh	miner	1	0.0%	0.0%	0.0%	0.000 α	—	#8,901,952
1	5HYStv9N…C7s3inactive	5CJySD…EWqV	miner	1	0.0%	0.0%	0.0%	0.000 α	—	#8,985,183
2	5GKvYipJ…31Yminactive	5DcQYZ…vZji	miner	1	0.0%	0.0%	0.0%	0.000 α	—	#8,988,719
3	5CvgBDpv…6qjDinactive	5HKJ5K…WL6J	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,923,238
4	5EUgVxav…BaQMinactive	5F3yoj…5rJv	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,992,010
5	5Gq6Z5Am…k4N8inactive	5ELosR…QhBB	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,924,694
6	5Fxz8nuZ…y1EXinactive	5Fny35…aAfH	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,935,070
7	5F4bkFPs…oxkKinactive	5CyadY…8JPD	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,767,214
8	5HpoQxJi…g861inactive	5HQGE7…vtGW	miner	50	0.0%	0.0%	0.0%	0.000 α	—	#9,019,332
9	5G3simDG…rV7K	5DhrP1…EWPn	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,122,854
10	5HgYZ6nD…RZMPinactive	5CyadY…8JPD	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,770,284
11	5FgVrg9w…8hFLinactive	5CDghF…HgEF	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,913,408
12	5GGdKY9X…Xq64inactive	5H8bkT…q7gh	miner	1	0.0%	0.0%	0.0%	0.000 α	—	#8,900,976
13	5ChfQDPH…fNDrinactive	5CcJ4T…rfuG	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,110,631
14	5HinabZY…8Chp	5DnbFo…AgHU	miner	6	0.0%	0.0%	0.0%	0.000 α	—	#9,123,403
15	5EevXmAn…Ex38inactive	5EetjC…ndvA	miner	3	0.0%	0.0%	0.0%	0.000 α	—	#8,980,266
16	5DaD5Kkt…fkTuinactive	5Hp57T…j454	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,111,615
17	5EFJopmc…u5BCinactive	5CJySD…EWqV	miner	47	0.0%	0.0%	0.0%	0.000 α	—	#8,984,939
18	5Hok9Lpx…9JJL	5DhrP1…EWPn	miner	6	0.0%	0.0%	0.0%	0.000 α	—	#9,120,162
19	5H3REixh…CeKWinactive	5DJk2y…oh6J	miner	2	0.0%	0.0%	0.0%	0.000 α	—	#9,107,393
20	5DhS1y13…U6Sninactive	5EetjC…ndvA	miner	3	0.0%	0.0%	0.0%	0.000 α	—	#9,105,102
21	5H9fAZr3…GJRjinactive	5F3yoj…5rJv	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,991,050
22	5FhSwe7w…djzAinactive	5FsHMo…UpJQ	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,112,230
23	5GcFCqVw…p2JZinactive	5DFyQ7…1JiB	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,111,984
24	5GzxMbTM…ALfninactive	5G1d4S…kq5V	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,756,055
25	5EjyWZ7p…5meAinactive	5CJySD…EWqV	miner	1	0.0%	0.0%	0.0%	0.000 α	—	#8,986,639
26	5CVPJS2D…ZwNvinactive	5H8bkT…q7gh	miner	1	0.0%	0.0%	0.0%	0.000 α	—	#8,900,122
27	5EeMNatb…dvuqinactive	5HKJ5K…WL6J	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,923,238
28	5F7iKKYL…nPuvinactive	5EetjC…ndvA	miner	2	0.0%	0.0%	0.0%	0.000 α	—	#8,985,662
29	5C5ZpwuN…hNzKinactive	5ELosR…QhBB	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,924,938
30	5Cij97xS…4hHeinactive	5CyadY…8JPD	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,770,407
31	5DPviBaY…dpHrinactive	5CXwYg…Tfzh	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,111,123
32	5GVt5cF5…98m2inactive	5DLLQv…qR3n	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,103,457
33	5CLaRxry…nP8pinactive	5H8bkT…q7gh	miner	1	0.0%	0.0%	0.0%	0.000 α	—	#8,900,366
34	5EUVQknw…dPD4inactive	5Dhi8Y…qaN7	miner	1	0.0%	0.0%	0.0%	0.000 α	—	#8,909,462
35	5GnNJyhk…HRKJinactive	5GTbLj…gPdK	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,992,903
36	5GdpzLV4…a9VAinactive	5Hg4qM…phPp	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,904,426
37	5GYs5bcB…NPEq	5DhrP1…EWPn	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,122,859
38	5FsPKRbb…fctjinactive	5CJySD…EWqV	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,987,512
39	5DPfcarm…RfkMinactive	5HVo4F…shV5	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,994,686
40	5H9Ki9SE…8uieinactive	5CyadY…8JPD	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,769,547
41	5EhQQrVh…yXG5inactive	5Hg4qM…phPp	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,904,548
42	5EyYZxFU…W5Pcinactive	5GjN4A…S8S8	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,898,862
43	5H3J5vkV…MaF4inactive	5CJySD…EWqV	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,988,637
44	5EA5RpgF…bCqHinactive	5H4Fcv…MgZy	miner	2	0.0%	0.0%	0.0%	0.000 α	—	#9,107,749
45	5DiEneuV…74AYinactive	5F3yoj…5rJv	miner	6	0.0%	0.0%	0.0%	0.000 α	—	#8,986,059
46	5DfkZj8S…rAatinactive	5EhSyL…FPAx	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,110,265
47	5Gdpv7yw…Jjdiinactive	5Cr7Kx…phuj	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,111,861
49	5HVzxU17…1AaKinactive	5G3oTj…YPBv	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,105,708
50	5FA5VHw6…AMC8inactive	5G3oTj…YPBv	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,105,466
51	5E2Zh3rA…fBWPinactive	5H8bkT…q7gh	miner	1	0.0%	0.0%	0.0%	0.000 α	—	#8,900,000
52	5HpMnPGs…k21Dinactive	5CyadY…8JPD	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,770,530
53	5G1uMWub…j1eCinactive	5HKJ5K…WL6J	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,923,238
54	5HEZMWiW…D4D2inactive	5Cu4NC…fThv	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,924,450
55	5EWprpWE…hhDminactive	5CyadY…8JPD	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,769,793

Child keys (87)

Validators routing a share of their weight-setting through child hotkeys — necessary context for reading the stake column: a parent's influence may act through its children.

5C5GuCUK…CdqD→5Hmhf3r1…QpjL100.0%

5CAQAgXx…7FmJ→5ECzcM7s…yrMS100.0%

5CBDhkBx…8S3A→5DvDypN8…diFp100.0%

5CSAGuiJ…a4t1→5DvTpini…N2ed100.0%

5CUysqNg…ws6B→5G1NjW9Y…nChe100.0%

5CV93B17…fQF2→5E2LP6En…eZ5u100.0%

5CcD4RLF…Dcdb→5ECzcM7s…yrMS100.0%

5Ckaoft1…uUes→5DFPWPnm…R185100.0%

5CoZxgtf…bifj→5DvDypN8…diFp100.0%

5CqRMuYS…b9Ed→5ECzcM7s…yrMS100.0%

5CsvRJXu…2zVp→5ECzcM7s…yrMS100.0%

5CszMVts…gMUV→5ECzcM7s…yrMS100.0%

5CzFiYvB…gZ3J→5CAQAgXx…7FmJ100.0%

5D4gEn5S…kZ4f→5DvDypN8…diFp100.0%

5D4oo3Z5…rWSj→5CszMVts…gMUV100.0%

5DD6hMnC…P3KL→5CPH55YW…2FBr100.0%

5DM7CPqP…xmtX→5ECzcM7s…yrMS100.0%

5DUuFhF4…k2GU→5ECzcM7s…yrMS100.0%

5DXdHixx…L1S1→5FnwjYYF…5VNi100.0%

5Dd8gaRN…GrWv→5ECzcM7s…yrMS100.0%

5Deo9Q3S…zD9Y→5GgqDcxk…jYxz100.0%

5DjtmV76…T4Kd→5FnwjYYF…5VNi100.0%

5DkFEQdE…M7Fn→5ECzcM7s…yrMS100.0%

5DvDypN8…diFp→5ECzcM7s…yrMS100.0%

5DvTpini…N2ed→5ECzcM7s…yrMS100.0%

5E4z3h9y…ULde→5ECzcM7s…yrMS100.0%

5EAdPk76…pYDc→5ECzcM7s…yrMS100.0%

5EByfpgR…JWs4→5ECzcM7s…yrMS100.0%

5ELREhAp…qwVh→5GgqDcxk…jYxz100.0%

5EWLgJHB…aVrk→5CAQAgXx…7FmJ100.0%

5EqYdsxW…oaUf→5ECzcM7s…yrMS100.0%

5EtUYRu7…tvzs→5ECzcM7s…yrMS100.0%

5F7dvCS7…r6LW→5ECzcM7s…yrMS100.0%

5FBqnTwn…4WUw→5EcgNdYQ…797f100.0%

5FFM6Nvv…UWgt→5ECzcM7s…yrMS100.0%

5FFSBkNi…VR86→5E2LP6En…eZ5u100.0%

5FWB5CFZ…jkg5→5E2LP6En…eZ5u100.0%

5FeKsRjZ…9DGg→5ECzcM7s…yrMS100.0%

5FnGPRV7…MVZZ→5E2LP6En…eZ5u100.0%

5Fppap6W…MEjv→5GgqDcxk…jYxz100.0%

…and 47 more

Holders

1,796

Top holder

20.4%

Top 10

58.9%

Nakamoto

Nakamoto 6 = the fewest coldkeys that together hold a majority. HHI 0.066 (0 = evenly spread, 1 = one holder, min-normalised so it is not comparable to the raw HHI most explorers publish), Gini 0.973.

Method: α per coldkey, summed across every validator hotkey, read from the chain's own share pools at one block. The subnet owner's coldkey is set aside for Top 10, Nakamoto, HHI and Gini — the owner is usually the largest holder by far, and leaving them in measures the owner rather than the market. Shares in the table below are of every holder's α, owner included. Counted holders hold at least 0.000001 α; below that is the rounding residue of an exit, not a position. Nakamoto reads “—” under two holders, and Top 10 under twenty, where it saturates at 100% for reasons that have nothing to do with capture. Coldkeys, not people: one person can hold many, and one exchange coldkey can custody thousands. Balances are refreshed every 10 minutes from the fills we index ourselves. Last recomputed 9/22/2026, 4:43:32 PM.

#	Coldkey	Alpha	Value	Share
1	5EfLbijR…dDLe	350,957 α	2,808 τ · $865.8K	17.10%
2	5D2Jhtbn…P3uE	330,146 α	2,642 τ · $814.5K	16.09%
3	5GuRLEMg…iuaC	134,433 α	1,076 τ · $331.7K	6.55%
4	5C82jb9n…TvPg	133,642 α	1,069 τ · $329.7K	6.51%
5	5Di4xFVw…girE	131,247 α	1,050 τ · $323.8K	6.40%
6	5EspQViA…VQzE	99,807 α	798.59 τ · $246.2K	4.86%
7	5HMtFEQ9…8CCx	54,095 α	432.84 τ · $133.5K	2.64%
8	5H6M8Gay…jHaV	39,791 α	318.38 τ · $98.2K	1.94%
9	5E9QdbPy…dETM	27,504 α	220.07 τ · $67.9K	1.34%
10	5DS75gW8…Az9V	22,519 α	180.18 τ · $55.6K	1.10%
11	5GDzXrJ5…H7fb	20,629 α	165.06 τ · $50.9K	1.01%
12	5H5rZbFD…Qw6C	15,249 α	122.01 τ · $37.6K	0.74%
13	5FqXCQCz…yADV	15,203 α	121.65 τ · $37.5K	0.74%
14	5GF5KVsz…mHzE	14,604 α	116.85 τ · $36.0K	0.71%
15	5FJ9cWip…uaEw	13,811 α	110.51 τ · $34.1K	0.67%
16	5H8U5Wxd…yEL6	12,051 α	96.42 τ · $29.7K	0.59%
17	5FNM2TdF…Mokm	11,925 α	95.42 τ · $29.4K	0.58%
18	5DaSd29p…T922	10,916 α	87.34 τ · $26.9K	0.53%
19	5EYCAe5j…tp7s	10,622 α	84.99 τ · $26.2K	0.52%
20	5CXTmFuP…XyCj	10,426 α	83.43 τ · $25.7K	0.51%
21	5GYTkrvL…yBqg	10,270 α	82.18 τ · $25.3K	0.50%
22	5Fe5xWUd…xzMt	9,878 α	79.04 τ · $24.4K	0.48%
23	5EBuUXD6…Z8Ff	9,763 α	78.12 τ · $24.1K	0.48%
24	5GYRkGvS…JM7g	9,681 α	77.46 τ · $23.9K	0.47%
25	5GHg6ASH…jwWR	9,295 α	74.38 τ · $22.9K	0.45%
26	5EwCxRzZ…f6VB	9,261 α	74.10 τ · $22.8K	0.45%
27	5GJBgNJG…iGNT	9,000 α	72.01 τ · $22.2K	0.44%
28	5CqcqahQ…6FM1	8,273 α	66.19 τ · $20.4K	0.40%
29	5CA3tVHH…S2Qo	8,256 α	66.06 τ · $20.4K	0.40%
30	5HERBUdj…5LFT	7,545 α	60.37 τ · $18.6K	0.37%
31	5CZpJQKG…v2mg	7,477 α	59.82 τ · $18.4K	0.36%
32	5FnjDPuz…xajP	7,257 α	58.07 τ · $17.9K	0.35%
33	5CvrJdXB…N798	7,043 α	56.35 τ · $17.4K	0.34%
34	5ES84rfz…QM4w	6,659 α	53.28 τ · $16.4K	0.32%
35	5CerKrvp…sZ2x	6,618 α	52.95 τ · $16.3K	0.32%
36	5H3Xwzyd…ruom	6,524 α	52.20 τ · $16.1K	0.32%
37	5D4znX8A…Cs31	6,452 α	51.62 τ · $15.9K	0.31%
38	5DFnqvwd…zt9B	6,250 α	50.01 τ · $15.4K	0.30%
39	5GWGzsE2…cJ2i	6,227 α	49.83 τ · $15.4K	0.30%
40	5GucuWuJ…Az3c	6,054 α	48.44 τ · $14.9K	0.30%
41	5FxXrMKR…QEiw	5,702 α	45.62 τ · $14.1K	0.28%
42	5G1sUeAU…TKFc	5,645 α	45.17 τ · $13.9K	0.28%
43	5GHNXMSx…B29T	5,613 α	44.91 τ · $13.8K	0.27%
44	5GCGQdSP…wMzy	5,498 α	43.99 τ · $13.6K	0.27%
45	5GuJG6oa…Z4jV	5,437 α	43.50 τ · $13.4K	0.26%
46	5EkMm4mp…ek3D	4,945 α	39.57 τ · $12.2K	0.24%
47	5Ci1DAqD…pxAV	4,944 α	39.56 τ · $12.2K	0.24%
48	5FHF8cDs…yLTa	4,935 α	39.49 τ · $12.2K	0.24%
49	5FpSDF9y…92Ww	4,902 α	39.22 τ · $12.1K	0.24%
50	5CDsWpB7…9sfp	4,759 α	38.07 τ · $11.7K	0.23%

Owner lock

46,180 α

≈ 369.50 τ · $113.9K

Owner conviction

46,180 α

≈ 369.50 τ · $113.9K

Hotkey locks Σ

—

Registration lock

0.00 τ

Deregistration standing

Rank #82 in the deregistration queue — the network runs at capacity, so each new subnet registration removes the rank-1 subnet. Ranked by the chain's own EMA price, immune subnets excluded.

Takeover watchcompare every subnet →

A hotkey lock whose matured conviction reaches 18% of eligible α (α staked out, minus protocol-owned and burned α — the threshold in the chain's own code) can claim ownership of the subnet.

No hotkey locks on this subnet.

Account	Kind	Locked α	Value	Conviction α	Matured
5HMtFEQ9…8CCx	coldkey	46,180.46 α	369.50 τ · $113.9K	46,180.46 α	100%
5D2Jhtbn…P3uE	owner	46,180.46 α	369.50 τ · $113.9K	46,180.46 α	100%

Why the price moved · last 24h

0.008207 τ → 0.008008 τ (-2.432%)

Trading-263.706 τ and +32,551.952 α through the pool from indexed fills-2.52%
Emission+8.3896 τ injected, +1,022.2214 α minted into the pool−<0.01%
Unexplainedcauses we cannot name from what we index+0.09%

Each line is the price move that cause alone would have produced. They compose to the net move above (multiplicatively, which is why they need not sum to it), and a cause can exceed the net when another pushed the other way. The price is exactly the pool ratio, so this is a complete decomposition — no modelling, no fitting.

Deregistration risk

Rank #82 in the queue. The network is at capacity (128), so each new subnet registration dissolves rank 1 — 82 registrations would reach this one.

Cost to kill rank 1

509 τ

After next halving

254 τ

P(dereg) 30d

0.0%

P(dereg) 90d

0.0%

From 0.12 registrations/day observed over 25.4 days of indexed blocks, as a Poisson arrival process against this subnet's queue position. The registration cost halves every 115,200 blocks.

Conviction maturity curve

What a perpetual lock of 1,000 α becomes over time on this subnet. The shape is identical at any size — scale it to your own amount. Conviction matures on a 30-day half-life; a decaying lock's stake also unwinds on a 90-day one.

After	Conviction	Matured	Of takeover
today	0.0 α	0.0%	0.000%
7 d	149.3 α	14.9%	0.040%
30 d	500.0 α	50.0%	0.133%
90 d	875.0 α	87.5%	0.233%
180 d	984.4 α	98.4%	0.262%
365 d	999.8 α	100.0%	0.267%

Projected with the chain's own maturity maths (rates read live: unlock 934,866 blocks, maturity 311,622), not an approximation.

☆TrajectoryRLSN11 · Bittensor subnet

TrajectoryRLSN11 · Bittensor subnet