τTaosisTaoScale

RefinerySN125 · Bittensor subnet

0.002297 τ$0.51

24H -0.77%7D -2.43%APR (simple) 75.48% · APY (compounded) 112.70%

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Incentivizing the improvement of the algorithms behind a pretraining run

SN125, Refinery (α token 𑀂), 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 0.002297 τ (≈ $0.51), against 4,983 τ of pool liquidity. On-chain, the best-delegated validator on it yields about 75.48% APR (simple) and 112.70% APY (compounded), emissions add 0.000001 τ to the pool each block, epochs run every 360 blocks. It was registered at block #5,834,408.

The complete guide to SN125 Refinery — every figure explained →

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Price

0.002297 τ

$0.51

APR (simple)

75.48%

APY (compounded)

112.70%

EMA price

0.002302 τ

TAO in pool

4,983 τ

α in pool

2,169,395 α

α staked out

2,623,289 α

Vol 24h (indexed)

28.38 τ

$6.3K

Market cap

7,960 τ

$1.8M

FDV

48,351 τ

$10.8M

Holders

788

Miners

3

Market activity · last 24 h

τ in 24h

4.79 τ

$1.1K

τ out 24h

23.59 τ

$5.2K

Volume vs prior 24h

+0.19%

prior 24h: 28.33 τ

Turnover 24h

0.36%

Trading 24h

Buys
4
Sells
14
Buyers
2
Sellers
14

Sell-off price

0.001444 τ

−37.13% vs spot

Sell-off value

1,849 τ

$411.4K

τ flows through the pool

TAO flow 24h (net staking)

−18.80 τ

over 7,190 blocks · −$4.2K

TAO flow 7d (net staking)

—

Net protocol flow 24h

−0.37 τ

−$82.59

Emission captured 24h (measured)

0.01 τ

$1.32

Net basket flow 24h

−0.38 τ

−$83.91

TAO flow counts users only. Net protocol flow = emission captured + net basket flow.

τ emission captured by this subnet · block 9,474,714

Injected into the pool

0.000001 τ

≈ <0.01 τ / day at current rate · $1.02

Chain buys of α

0.000000 τ

≈ 0.00 τ / day at current rate · $0.00

Total τ captured

0.000001 τ

≈ <0.01 τ / day at current rate · $1.02

measured last 24h: 0.01 τ

Share of τ emission

<0.001%

Emission per day (current rate)

1.000000 α / block × 7,200
Legα / dayτ value / dayUSD
Owner1,296 α2.98 τ$662.43
Miners1,087 α2.50 τ$555.51
Withheld from miners (owner's miner slots)1,865 α4.28 τ$953.41
Validators2,952 α6.78 τ$1.5K
of which root stakers504.28 α1.16 τ$257.76
of which α stakers (nominators)2,448 α5.62 τ$1.3K
Total7,200 α16.54 τ$3.7K

This subnet's split: owner 18.0% · validators 41.0% · miners 41.0%, set by its owner · the chain pays root stakers their part · spot price 0.002297 τ. A rate restated per day, not a measured day.

Tempo
360 blocks / epoch
Swap fee
0.050% (chain AMM)

Owner selling

⚑ Owner sold · 7d

Net sold 7d

10,000 α · 23.25 τ received

share of holdings: 2.7%

Net sold 30d

—

share of holdings: —

Transferred out 7d / 30d

16,000 α / —

Held

360,033 α

chain read at block 9,474,011, 10 Nov 2026 06:24 UTC

Registration

Registered
block 5,834,408
Registration lock
43.21 τ
Age
3,640,307 blocks (≈ 505 days)
Immunity
ended at block 6,266,408

Subnets dissolved before Sep 25, 2026 are not listed: the chain only holds the current subnet on each netuid.

Development (GitHub) · Barbariandev/Refinery @ main

View on GitHub ↗
Commits · 7 d
1
Commits · 30 d
3
Last commit
3d ago

Source: GitHub's public commits feed of the repository named in the subnet's on-chain identity · updated every 6 h · as of 10 Nov 2026 05:39 UTC

Data freshness

Pool flows & emission
block 9,474,714 · 10 Nov 2026 08:45 UTC (4m ago)
Holders
10 Nov 2026 06:09 UTC (2h ago)
Holder P&L
block 9,474,116 · 10 Nov 2026 06:46 UTC (2h ago)
Owner holding
block 9,474,011 · 10 Nov 2026 06:24 UTC (2h ago)
Metagraph
10 Nov 2026 07:30 UTC (1h ago)
Conviction
10 Nov 2026 07:38 UTC (1h ago)
GitHub
10 Nov 2026 05:39 UTC (3h ago)
Newest on-chain event
7 Nov 2026 08:06 UTC (3d ago)
TAO/USD (CoinGecko)
10 Nov 2026 08:45 UTC (4m ago)