for saleSN112 · Bittensor subnet

0.006716 τ$2.07

24H +26.67%7D +122.08%APR 49.7%

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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.

SN112, for sale (α token Ђ), 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 0.006716 τ (≈ $2.07), against 5,871 τ of pool liquidity. On-chain, the best-delegated validator on it yields about 49.7% APR, emissions add 0.000001 τ to the pool each block, epochs run every 360 blocks. It was registered at block #5,633,022.

The complete guide to SN112 for sale — every figure explained →

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

Price

0.006716 τ

APR

49.7%

TAO in pool

5,871 τ

α in pool

874,226 α

EMA price

0.006020 τ

α staked out

2,720,499 α

Vol 24h (indexed)

2,344 τ

Emission / block

0.000001 τ

Owner: 5GQjr3Qthuygwef9R8qPMuZBs3bPq5i5Cds37xbrhkeomDwj
Registered: block 5,633,022
Tempo: 360 blocks / epoch
Swap fee: 0.050% (chain AMM)

Hyperparameters

Tempo: 360 blk
Immunity: 5,000 blk
Max validators: 64
UIDs: 256
Reg. burn: 0.9900 τ
Registration: open
Weights rate: 100 blk
Activity cutoff: 5,000
Commit-reveal: on (1)
Serving rate: 50
κ (kappa): 32767
ρ (rho): 10

Top 64 UIDs by reward
UID	Hotkey	Coldkey	Role	Stake α	Consensus	Incentive	Dividend	Emission	Axon	Reg. block
0	5C4xjnQk…fYMk	5GQjr3…mDwj	validator	1,124,057	80.0%	85.5%	60.5%	215.498 α	34.203.136.172:9100	#5,633,022
41	5E2LP6En…eZ5u	5GsbTg…pZX9	validator	276,585	0.0%	0.0%	19.7%	29.066 α	—	#6,250,254
109	5FhAQNzT…bWDxinactive	5Ctupo…yyAd	validator	1,217	20.0%	14.5%	0.0%	21.470 α	—	#8,907,440
230	5C7N4wGW…HGHa	5E9fVY…Yc5p	validator	127,919	0.0%	0.0%	9.6%	14.185 α	136.119.115.248:9100	#6,119,871
171	5F27SMbB…vsj6	5FHxxe…GpSs	validator	3,759	0.0%	0.0%	6.6%	9.712 α	—	#8,642,685
206	5HbScNss…FZdT	5F4Xca…txiD	validator	24,758	0.0%	0.0%	1.4%	2.124 α	—	#7,332,835
198	5G9hfkx9…wrc5	5Ek8i6…t33f	validator	13,897	0.0%	0.0%	1.4%	2.079 α	—	#6,656,311
231	5DCVeLdK…rMUV	5CqsgE…XMUV	validator	2,670	0.0%	0.0%	0.6%	0.829 α	—	#6,135,066
48	5FLoWCDo…Rv8m	5EnXts…FCGK	validator	149	0.0%	0.0%	0.1%	0.136 α	—	#8,277,785
92	5EtUYRu7…tvzs	5EAWZV…HqNL	validator	747	0.0%	0.0%	0.1%	0.102 α	—	#8,683,143
10	5HBP96pj…ois7inactive	5HVwxV…neFZ	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,675,159
11	5FevRuTo…XdUHinactive	5GbtPM…V4Qc	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,670,401
12	5EAT6Mcq…Mrsxinactive	5GbtPM…V4Qc	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,670,405
13	5FsW636N…xcZbinactive	5GbtPM…V4Qc	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,670,407
14	5HQtMNHw…LomPinactive	5GbtPM…V4Qc	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,670,410
15	5Hgo9SwS…jc8uinactive	5GbtPM…V4Qc	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,670,413
16	5DGCBUoC…mkDKinactive	5GniE2…ZzMv	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,671,054
17	5D1rspdD…RKCWinactive	5GZdD7…xhJh	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,671,180
18	5GNKT1mq…hhsKinactive	5GZdD7…xhJh	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,671,182
19	5FYs3qvA…K22iinactive	5GZdD7…xhJh	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,671,184
20	5GKUCqAz…o8n3inactive	5GZdD7…xhJh	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,671,186
21	5Cm4okGU…TMjsinactive	5GZdD7…xhJh	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,671,188
22	5CaYKRts…jweuinactive	5CJtgh…rwkK	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,671,460
23	5HNj4VUy…Rdbeinactive	5CJtgh…rwkK	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,671,465
24	5Gc1RC2Z…SEQZinactive	5E9eoK…EGSt	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,671,804
25	5GjYrvPV…naqwinactive	5CJtgh…rwkK	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,671,894
26	5CJonE7m…Z2vQinactive	5FRbzT…XL38	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,671,909
27	5D9rdgaX…LGoLinactive	5FRbzT…XL38	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,671,911
28	5F21o5wj…GNAainactive	5FRbzT…XL38	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,671,913
29	5FPQme4w…G1GGinactive	5FRbzT…XL38	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,671,915
30	5Dw1VUiS…k9PVinactive	5FRbzT…XL38	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,671,917
31	5HHQhBwE…rjvyinactive	5CJtgh…rwkK	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,671,931
32	5GNby5G1…cYx6inactive	5EkSmK…tjEd	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,559,218
33	5EnYG3gY…tTMxinactive	5HVwxV…neFZ	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,672,100
34	5EbqPWtW…hiVHinactive	5HVwxV…neFZ	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,672,105
35	5FHYa4m4…tSXZinactive	5HpAcu…67LE	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,672,530
36	5DVDyCxR…Tvoainactive	5CJtgh…rwkK	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,672,734
37	5Cm7spPW…E5z6inactive	5CJtgh…rwkK	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,672,745
38	5FEdE17R…i62cinactive	5FbPxh…fD8K	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,673,143
39	5CzE4FvA…3JSRinactive	5E9eoK…EGSt	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,673,485
40	5EqjDLVr…Nqbninactive	5E9eoK…EGSt	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,673,605
42	5FWBoLJA…2bprinactive	5FTmFf…GWvi	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,674,004
43	5D2fjAXs…sJ7qinactive	5H6u2U…ceC4	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,674,557
44	5CMWi2Yo…wxn6inactive	5H6u2U…ceC4	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,674,591
45	5DkdYv82…f8drinactive	5HVwxV…neFZ	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,675,132
46	5E6qCvoa…9SM2inactive	5HVwxV…neFZ	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,675,137
47	5HL72eRp…t4Txinactive	5HVwxV…neFZ	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,675,154
49	5F1XTysh…y4ovinactive	5HpAcu…67LE	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,675,162
50	5CqP1bjb…DhYeinactive	5CJtgh…rwkK	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,676,004
51	5HeGMXXv…QQeyinactive	5CJtgh…rwkK	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,676,014
52	5FZEcukq…iKn9inactive	5Fsxos…zFyH	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,676,073
53	5EAe45CK…9m8Hinactive	5CJtgh…rwkK	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,676,092
54	5CrVW83f…m1dWinactive	5GniE2…ZzMv	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,676,239
55	5FmyFYBF…emCtinactive	5GniE2…ZzMv	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,676,244
56	5FP5TNQN…nDuXinactive	5CJtgh…rwkK	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,677,329
1	5DUv2D76…BMYminactive	5CJtgh…rwkK	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,677,671
2	5Fpv3x73…ejDfinactive	5EFbKL…kjUd	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,714,270
3	5H45VZU4…EX2Yinactive	5HpAcu…67LE	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,670,365
4	5FWBzRrd…pVwsinactive	5GbtPM…V4Qc	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,670,387
5	5HNA3Feg…iYbuinactive	5GbtPM…V4Qc	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,670,390
6	5Esku1L7…UmPninactive	5GbtPM…V4Qc	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,670,392
7	5GWw9t2F…Fydcinactive	5FKQzu…cYdQ	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,765,729
8	5FnTBc78…hr8Tinactive	5GbtPM…V4Qc	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,670,395
9	5DiMZM2U…AYxFinactive	5GbtPM…V4Qc	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,670,398

Child keys (46)

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→5CsvRJXu…2zVp100.0%

5CV93B17…fQF2→5C4xjnQk…fYMk100.0%

5Ckaoft1…uUes→5F27SMbB…vsj6100.0%

5CqRMuYS…b9Ed→5C4xjnQk…fYMk100.0%

5CsvRJXu…2zVp→5E2LP6En…eZ5u100.0%

5CszMVts…gMUV→5DCVeLdK…rMUV100.0%

5D4gEn5S…kZ4f→5GTMyked…7KBN100.0%

5DM7CPqP…xmtX→5E2LP6En…eZ5u100.0%

5DXdHixx…L1S1→5C7N4wGW…HGHa100.0%

5Deo9Q3S…zD9Y→5DCVeLdK…rMUV100.0%

5DjtmV76…T4Kd→5C7N4wGW…HGHa100.0%

5DkFEQdE…M7Fn→5C4xjnQk…fYMk100.0%

5DvDypN8…diFp→5C4xjnQk…fYMk100.0%

5DvTpini…N2ed→5E2LP6En…eZ5u100.0%

5E4z3h9y…ULde→5HbScNss…FZdT100.0%

5EAdPk76…pYDc→5DCVeLdK…rMUV100.0%

5ELREhAp…qwVh→5G9hfkx9…wrc5100.0%

5EqYdsxW…oaUf→5G9hfkx9…wrc5100.0%

5F7dvCS7…r6LW→5G9hfkx9…wrc5100.0%

5FBqnTwn…4WUw→5GTMyked…7KBN100.0%

5FFSBkNi…VR86→5E2LP6En…eZ5u100.0%

5FWB5CFZ…jkg5→5E2LP6En…eZ5u100.0%

5FnGPRV7…MVZZ→5G9hfkx9…wrc5100.0%

5Fppap6W…MEjv→5E2LP6En…eZ5u100.0%

5Ft5kRgK…PTih→5C4xjnQk…fYMk100.0%

5FtBncJv…izzo→5CVNNzXQ…s112100.0%

5FyUNRQ2…EBcD→5C4xjnQk…fYMk100.0%

5G1NjW9Y…nChe→5C4xjnQk…fYMk100.0%

5GKH9FPP…TrP1→5C4xjnQk…fYMk100.0%

5GP7c3fF…VCMi→5C4xjnQk…fYMk100.0%

5Ggasr6f…xGTV→5C4xjnQk…fYMk100.0%

5H9ABR2Z…L9dd→5C4xjnQk…fYMk100.0%

5HCEWVfm…LKEy→5GTMyked…7KBN100.0%

5HK1Ubcg…RJAK→5G9hfkx9…wrc5100.0%

5HK2LZRr…YYXr→5G9hfkx9…wrc5100.0%

5HK5tp6t…EpeN→5C4xjnQk…fYMk100.0%

5HZ7yqdZ…Kvif→5C4xjnQk…fYMk100.0%

5DUuFhF4…k2GU→5C4xjnQk…fYMk100.0%

5GcAZ4SF…HZCV→5C4xjnQk…fYMk97.7%

5Fq5v71D…qY5A→5C4xjnQk…fYMk33.3%

…and 6 more

Holders

1,149

Top holder

21.0%

Top 10

49.3%

Nakamoto

Nakamoto 11 = the fewest coldkeys that together hold a majority. HHI 0.058 (0 = evenly spread, 1 = one holder, min-normalised so it is not comparable to the raw HHI most explorers publish), Gini 0.976.

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, 11:45:17 AM.

#	Coldkey	Alpha	Value	Share
1	5GyUNPbb…epeh	341,634 α	2,294 τ · $707.4K	21.03%
2	5D32S2Yd…c3yK	93,027 α	624.76 τ · $192.6K	5.73%
3	5CA3nwKc…9SrT	66,305 α	445.29 τ · $137.3K	4.08%
4	5FHYmTEc…wz3j	63,888 α	429.06 τ · $132.3K	3.93%
5	5Gwzp58w…tD3X	54,955 α	369.07 τ · $113.8K	3.38%
6	5FpYmfYL…74hH	40,064 α	269.07 τ · $83.0K	2.47%
7	5HQWCBHJ…z65C	37,852 α	254.21 τ · $78.4K	2.33%
8	5CKZwcV2…z3Ft	35,376 α	237.58 τ · $73.3K	2.18%
9	5H39Eeei…iVMk	33,945 α	227.97 τ · $70.3K	2.09%
10	5HjF5YvY…wSxd	33,894 α	227.63 τ · $70.2K	2.09%
11	5H9djTbF…n3d6	33,441 α	224.58 τ · $69.2K	2.06%
12	5CyGSPZN…5SHd	31,284 α	210.10 τ · $64.8K	1.93%
13	5Ctupoaq…yyAd	29,771 α	199.94 τ · $61.6K	1.83%
14	5CsyLPX4…Dpkv	29,534 α	198.35 τ · $61.2K	1.82%
15	5FyLPDfA…PpcH	28,879 α	193.95 τ · $59.8K	1.78%
16	5EfKvHTL…UrnF	24,947 α	167.54 τ · $51.7K	1.54%
17	5EJ3GqUJ…54Cu	24,773 α	166.38 τ · $51.3K	1.53%
18	5D4wZ1nW…9gbu	24,302 α	163.21 τ · $50.3K	1.50%
19	5FWZDhKB…tmux	17,679 α	118.73 τ · $36.6K	1.09%
20	5Esi7Twg…Ysmh	17,353 α	116.54 τ · $35.9K	1.07%
21	5CTWUqqS…EU6m	17,126 α	115.02 τ · $35.5K	1.05%
22	5GRSH2KH…54MN	17,021 α	114.31 τ · $35.2K	1.05%
23	5D4jeWFc…JeaX	16,228 α	108.98 τ · $33.6K	1.00%
24	5EYCAe5j…tp7s	15,972 α	107.27 τ · $33.1K	0.98%
25	5CcM7JZh…M7bs	15,344 α	103.05 τ · $31.8K	0.94%
26	5ES84rfz…QM4w	14,950 α	100.40 τ · $31.0K	0.92%
27	5H6pEtop…pbm1	14,496 α	97.36 τ · $30.0K	0.89%
28	5GThszo8…P7xm	13,874 α	93.18 τ · $28.7K	0.85%
29	5CCmZXdt…46ny	13,375 α	89.82 τ · $27.7K	0.82%
30	5HMtFEQ9…8CCx	12,582 α	84.50 τ · $26.1K	0.77%
31	5F2M7zHB…FLvF	12,563 α	84.37 τ · $26.0K	0.77%
32	5GgGyPEn…MyfK	11,883 α	79.81 τ · $24.6K	0.73%
33	5DyXDxf3…cSEK	11,112 α	74.62 τ · $23.0K	0.68%
34	5Ec5w1AF…5VVE	10,945 α	73.51 τ · $22.7K	0.67%
35	5Hizb9e8…3WdN	10,541 α	70.79 τ · $21.8K	0.65%
36	5HikgRL2…s6Ys	10,501 α	70.52 τ · $21.7K	0.65%
37	5EUvD9Ft…oNie	10,376 α	69.68 τ · $21.5K	0.64%
38	5CoKTUJW…sekz	10,075 α	67.67 τ · $20.9K	0.62%
39	5DhSqfPz…UhFp	10,019 α	67.29 τ · $20.7K	0.62%
40	5C8RphGn…FU3j	9,615 α	64.57 τ · $19.9K	0.59%
41	5EZ2KGaQ…heVn	9,278 α	62.31 τ · $19.2K	0.57%
42	5GmrT7F8…ZJTz	9,225 α	61.96 τ · $19.1K	0.57%
43	5GYTkrvL…yBqg	9,030 α	60.64 τ · $18.7K	0.56%
44	5GKCuxn7…hvfo	7,870 α	52.85 τ · $16.3K	0.48%
45	5DkBE3KJ…d4g1	7,853 α	52.74 τ · $16.3K	0.48%
46	5ERLGd5B…mEuV	7,760 α	52.12 τ · $16.1K	0.48%
47	5DP6dtkh…FHvr	7,309 α	49.09 τ · $15.1K	0.45%
48	5EBuUXD6…Z8Ff	7,250 α	48.69 τ · $15.0K	0.45%
49	5CoD2zfW…Z57b	6,788 α	45.59 τ · $14.1K	0.42%
50	5F29KYWd…6cBZ	6,606 α	44.37 τ · $13.7K	0.41%

Owner lock

109,192 α

≈ 733.32 τ · $226.1K

Owner conviction

109,192 α

≈ 733.32 τ · $226.1K

Hotkey locks Σ

—

Registration lock

196.76 τ

Deregistration standing

Rank #71 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
5GQjr3Qt…mDwj	owner	109,192.02 α	733.32 τ · $226.1K	109,192.02 α	100%
5GQjr3Qt…mDwj	coldkey	100,000 α	671.59 τ · $207.1K	100,000 α	100%
5HMtFEQ9…8CCx	coldkey	9,192.02 α	61.73 τ · $19.0K	9,192.02 α	100%

Why the price moved · last 24h

0.005304 τ → 0.006694 τ (+26.204%)

Trading+646.368 τ and -108,360.879 α through the pool from indexed fills+26.30%
Emission+0.0019 τ injected, +0.3517 α minted into the pool−<0.01%
Unexplainedcauses we cannot name from what we index-0.08%

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 #71 in the queue. The network is at capacity (128), so each new subnet registration dissolves rank 1 — 71 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 25.2 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%	0.052%
30 d	500.0 α	50.0%	0.174%
90 d	875.0 α	87.5%	0.304%
180 d	984.4 α	98.4%	0.342%
365 d	999.8 α	100.0%	0.347%

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

☆for saleSN112 · Bittensor subnet

for saleSN112 · Bittensor subnet