404—GENSN17 · Bittensor subnet

0.008760 τ$2.70

24H -2.61%7D -9.81%APR 34.7%

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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.

a decentralized 3D content generation competition

SN17, 404—GEN (α token ρ), 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 0.008760 τ (≈ $2.70), against 25,344 τ of pool liquidity. On-chain, the best-delegated validator on it yields about 34.7% APR, emissions add 0.001225 τ to the pool each block, epochs run every 360 blocks. It was registered at block #2,840,556.

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

Website ↗GitHub ↗

Price

0.008760 τ

APR

34.7%

TAO in pool

25,344 τ

α in pool

2,893,177 α

EMA price

0.008846 τ

α staked out

3,147,086 α

Vol 24h (indexed)

1,049 τ

Emission / block

0.001225 τ

Owner: 5E7a4a7QETrNjoZ2SbVSJMaavrQeyTEaHgjBPDUDxBKjUaMZ
Registered: block 2,840,556
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: 0.0005 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
230	5FZ6C9vb…J8cginactive	5FCRPL…rMw8	validator	3,838	100.0%	100.0%	0.0%	147.601 α	—	#8,237,423
251	5EhrAFV5…gsWL	5F2N8d…U3CD	validator	1,139,935	0.0%	0.0%	40.5%	59.844 α	—	#7,886,207
199	5E7eSeRr…en2B	5E7a4a…UaMZ	validator	684,890	0.0%	0.0%	26.8%	39.569 α	195.26.233.61:36818	#4,920,350
20	5Cqoxox8…GW4s	5E9fVY…Yc5p	validator	285,226	0.0%	0.0%	12.4%	18.288 α	—	#8,203,198
2	5CAQAgXx…7FmJ	5Ddeh9…ZAid	validator	321,363	0.0%	0.0%	9.9%	14.655 α	—	#8,773,218
137	5G8n837Z…tWrZ	5FHxxe…GpSs	validator	1,446	0.0%	0.0%	3.9%	5.782 α	—	#9,074,706
42	5CcEPLdb…Rt5N	5HQMYS…aoGJ	validator	54,666	0.0%	0.0%	3.3%	4.849 α	—	#8,783,661
106	5CsvRJXu…2zVp	5EJAqc…YzX2	validator	681	0.0%	0.0%	1.3%	1.879 α	—	#8,493,335
56	5EFcCVkx…b1b9inactive	5Ddeh9…ZAid	validator	1,434	0.0%	0.0%	0.8%	1.115 α	—	#8,219,519
122	5EX79xqd…SL17	5GW9X8…jovV	validator	6	0.0%	0.0%	0.6%	0.844 α	—	#8,712,534
61	5CAXtLZw…Zs17	5Fuzgv…krzo	validator	7,467	0.0%	0.0%	0.5%	0.775 α	—	#8,205,013
0	5ECBaw1D…USYsinactive	5EUWcX…PixY	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,169,513
1	5GCWvd2J…PHFyinactive	5Cf8hj…irXb	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,260,779
3	5Gj2dmSD…vY3cinactive	5EXc23…7H1E	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,260,539
4	5HghXegW…YBQFinactive	5D5F7E…r1Hq	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,229,086
5	5D2vwjRe…ze6Linactive	5E4Rrp…wDaN	validator	1,432	0.0%	0.0%	0.0%	0.000 α	—	#8,222,931
6	5GngKewu…ZRVAinactive	5EKxLx…G3fx	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,915,231
7	5GUNECfU…9byzinactive	5GQYsM…dSa6	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,209,911
8	5DkXQdiW…Q56xinactive	5HgduH…urmb	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,231,065
9	5HGkjAPs…aQg4inactive	5EWZz3…gMoc	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,233,705
10	5G196uCt…pru4inactive	5H3qb5…gfaa	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,175,857
11	5GHL4Rfi…oHaTinactive	5GKwyu…sbfb	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,237,303
12	5EsiSqEx…kEsQinactive	5G1bB8…939e	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,172,191
13	5ELCprEe…cApDinactive	5Gdbu5…i4CA	miner	100	0.0%	0.0%	0.0%	0.000 α	—	#9,045,275
14	5Cf4ZsW7…TEqHinactive	5FKw2p…DWTR	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,261,813
15	5DP1hzNY…eoZbinactive	5Dd2bt…ax9y	miner	112	0.0%	0.0%	0.0%	0.000 α	—	#9,055,316
16	5HgGDgMf…y2Upinactive	5EPNeS…BdwY	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,234,783
17	5FugAGSD…vKM9inactive	5CoD9N…qjiH	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,344,348
18	5E2WuWN1…zfLCinactive	5HNWd7…BFEq	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,277,850
19	5GgHL6qN…nr4Uinactive	5FNqbn…v256	miner	103	0.0%	0.0%	0.0%	0.000 α	—	#8,235,983
21	5EjwzQdA…nSYainactive	5Hq1ox…bCoc	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,248,285
22	5Dq2TpSd…LH2Vinactive	5EKxLx…G3fx	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,915,213
23	5HHWhm21…bUxBinactive	5HQh4E…PVQX	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,261,351
24	5FWEHD7w…MwUtinactive	5C5c2J…p2AB	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,278,210
25	5Fge3EWc…9MGkinactive	5FjEDd…o12i	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,235,023
26	5Eq8Jqpv…UbD9inactive	5DoXev…dSZu	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,344,306
27	5FqZqKgJ…eUnxinactive	5EkNgU…LQBo	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,233,945
28	5G1pQeo7…XjJ4inactive	5DDGjG…Wa9F	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,279,290
29	5GQwvNuZ…3VRUinactive	5H9iRe…pnoW	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,232,025
30	5D7e4TTE…j6dkinactive	5FxHUG…XN4P	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,585,204
31	5HgxGfid…euSLinactive	5EPkWg…iFW3	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,277,010
32	5DXg22Ce…2hjoinactive	5Fe2DQ…9ur3	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,230,047
33	5Da1owt7…SN9Pinactive	5E4Rrp…wDaN	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,222,516
34	5H8SKTCy…TVU2inactive	5EUhX2…ma99	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,231,904
35	5E7gx6uB…7qMwinactive	5EtBK6…nUNa	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,232,864
36	5FhGeR43…uNzqinactive	5Fe2DQ…9ur3	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,230,409
37	5HQNC4y3…WAi2inactive	5FmnZN…SAMU	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,236,103
38	5H3PdHjj…th7Minactive	5FHuQ6…Ho7v	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,202,661
39	5FNqAbdH…6CUxinactive	5EKxLx…G3fx	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,915,205
40	5Hp2QFzc…Cy8binactive	5Cwanr…d4mi	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,236,343
41	5EZ4c3qb…pq85inactive	5EUHka…B1j6	miner	102	0.0%	0.0%	0.0%	0.000 α	—	#8,821,155
43	5FyRnEGc…u8qXinactive	5FvKi8…guip	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,232,385
44	5Fs844KL…YC7Einactive	5CyMTM…5Au2	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,277,731
45	5EvdKS8M…jEayinactive	5FZJrQ…GQYv	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,233,224
46	5Ckkr8Ph…5WSvinactive	5CmGxU…eMjH	miner	103	0.0%	0.0%	0.0%	0.000 α	—	#8,201,180
47	5F1BTPgg…ip9Dinactive	5HDzo8…z5Qm	validator	8,856	0.0%	0.0%	0.0%	0.000 α	—	#9,002,866
48	5Gh2DH9u…u1w4inactive	5Epxcy…aruQ	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,232,984
49	5GBa8JUK…mpJRinactive	5FNHBn…CuPY	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,278,570
50	5CnxA9q8…v3iMinactive	5DhmzZ…vFj1	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,237,064
51	5D9hoPyi…qH4Binactive	5H9MNt…x7V1	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,236,583
52	5HEVXjZP…K35uinactive	5E4Rrp…wDaN	validator	17,564	0.0%	0.0%	0.0%	0.000 α	—	#8,222,659
53	5CwmaRVv…4noRinactive	5G48pZ…RuRp	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,260,660
54	5Exq2gno…mnQYinactive	5EKxLx…G3fx	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,915,265
55	5Dsj4yWS…n3ZQinactive	5Fxde8…23oT	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,172,312

Child keys (89)

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→5EhrAFV5…gsWL100.0%

5CBDhkBx…8S3A→5EhrAFV5…gsWL100.0%

5CSAGuiJ…a4t1→5FnGPRV7…MVZZ100.0%

5CUysqNg…ws6B→5EhrAFV5…gsWL100.0%

5CV93B17…fQF2→5E7eSeRr…en2B100.0%

5CcD4RLF…Dcdb→5EhrAFV5…gsWL100.0%

5Ckaoft1…uUes→5G8n837Z…tWrZ100.0%

5CoZxgtf…bifj→5E7eSeRr…en2B100.0%

5CqRMuYS…b9Ed→5EhrAFV5…gsWL100.0%

5CszMVts…gMUV→5EhrAFV5…gsWL100.0%

5CzFiYvB…gZ3J→5CAQAgXx…7FmJ100.0%

5D4gEn5S…kZ4f→5EFcCVkx…b1b9100.0%

5D4oo3Z5…rWSj→5CsvRJXu…2zVp100.0%

5DD6hMnC…P3KL→5GKH9FPP…TrP1100.0%

5DM7CPqP…xmtX→5EhrAFV5…gsWL100.0%

5DUuFhF4…k2GU→5EhrAFV5…gsWL100.0%

5DXdHixx…L1S1→5Cqoxox8…GW4s100.0%

5Dd8gaRN…GrWv→5EhrAFV5…gsWL100.0%

5Deo9Q3S…zD9Y→5CcEPLdb…Rt5N100.0%

5DjtmV76…T4Kd→5Cqoxox8…GW4s100.0%

5DkFEQdE…M7Fn→5E7eSeRr…en2B100.0%

5DvDypN8…diFp→5EhrAFV5…gsWL100.0%

5DvTpini…N2ed→5EhrAFV5…gsWL100.0%

5E4z3h9y…ULde→5EhrAFV5…gsWL100.0%

5EAdPk76…pYDc→5E7eSeRr…en2B100.0%

5EByfpgR…JWs4→5EhrAFV5…gsWL100.0%

5ELREhAp…qwVh→5EhrAFV5…gsWL100.0%

5EWLgJHB…aVrk→5GTmkzxb…9Pj7100.0%

5EqYdsxW…oaUf→5E7eSeRr…en2B100.0%

5EtUYRu7…tvzs→5EhrAFV5…gsWL100.0%

5F27Eqz2…NvoY→5GKH9FPP…TrP1100.0%

5F7dvCS7…r6LW→5E7eSeRr…en2B100.0%

5FBqnTwn…4WUw→5EhrAFV5…gsWL100.0%

5FFM6Nvv…UWgt→5E7eSeRr…en2B100.0%

5FFSBkNi…VR86→5EhrAFV5…gsWL100.0%

5FWB5CFZ…jkg5→5E7eSeRr…en2B100.0%

5FeKsRjZ…9DGg→5EhrAFV5…gsWL100.0%

5FnGPRV7…MVZZ→5EFcCVkx…b1b9100.0%

5Fppap6W…MEjv→5CcEPLdb…Rt5N100.0%

5Fq5v71D…qY5A→5E7eSeRr…en2B100.0%

…and 49 more

These figures didn't reconcile against the chain's own α total (α staked out, less the protocol's own α and α burned) on the last pass — treat them as unverified.

Holders

1,817

Top holder

—

Top 10

—

Nakamoto

—

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

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, 5:15:46 PM.

#	Coldkey	Alpha	Value	Share
1	5E7a4a7Q…UaMZ	659,516 α	5,777 τ · $1.8M	26.32%
2	5F71jZdc…2bjZ	297,919 α	2,610 τ · $804.7K	11.89%
3	5HMtFEQ9…8CCx	297,156 α	2,603 τ · $802.6K	11.86%
4	5Fhf1qdo…koza	137,155 α	1,201 τ · $370.5K	5.47%
5	5D74m8fF…cyAd	114,282 α	1,001 τ · $308.7K	4.56%
6	5G8nhokj…Ch5Z	109,000 α	954.85 τ · $294.4K	4.35%
7	5DRy4XC8…4AFP	76,598 α	671.00 τ · $206.9K	3.06%
8	5E6jFfuV…RTHi	69,131 α	605.59 τ · $186.7K	2.76%
9	5H1Wus17…ifri	61,802 α	541.39 τ · $166.9K	2.47%
10	5GBYUuPv…EbXd	49,421 α	432.93 τ · $133.5K	1.97%
11	5Hdgrgna…iBcw	45,519 α	398.75 τ · $122.9K	1.82%
12	5E4Rrpy1…wDaN	27,065 α	237.09 τ · $73.1K	1.08%
13	5HK2TKGR…HBZB	21,374 α	187.24 τ · $57.7K	0.85%
14	5Fnmr9Yr…B3WA	20,240 α	177.30 τ · $54.7K	0.81%
15	5C8Jut43…1CLY	18,635 α	163.24 τ · $50.3K	0.74%
16	5EYCAe5j…tp7s	18,609 α	163.01 τ · $50.3K	0.74%
17	5H3Xwzyd…ruom	17,048 α	149.34 τ · $46.0K	0.68%
18	5EFZf5pn…ons6	10,735 α	94.04 τ · $29.0K	0.43%
19	5CdkePYa…2N6h	10,496 α	91.95 τ · $28.3K	0.42%
20	5HorGnvy…oYjE	9,066 α	79.42 τ · $24.5K	0.36%
21	5CxsSh5r…iuBJ	9,003 α	78.87 τ · $24.3K	0.36%
22	5DrCPbdY…yzj2	8,766 α	76.79 τ · $23.7K	0.35%
23	5EyodFp5…5ygv	8,299 α	72.70 τ · $22.4K	0.33%
24	5EBuUXD6…Z8Ff	7,463 α	65.38 τ · $20.2K	0.30%
25	5HQJo9Sw…mXrh	7,156 α	62.68 τ · $19.3K	0.29%
26	5FNM2TdF…Mokm	7,003 α	61.35 τ · $18.9K	0.28%
27	5GHg6ASH…jwWR	6,776 α	59.36 τ · $18.3K	0.27%
28	5EwCxRzZ…f6VB	6,760 α	59.22 τ · $18.3K	0.27%
29	5ES84rfz…QM4w	6,621 α	58.00 τ · $17.9K	0.26%
30	5HTmGisW…qkNs	6,299 α	55.18 τ · $17.0K	0.25%
31	5E6eMfkP…QwUe	6,251 α	54.76 τ · $16.9K	0.25%
32	5Ea2Lp1i…hVDu	6,251 α	54.76 τ · $16.9K	0.25%
33	5FUaiRvB…vsiK	5,980 α	52.38 τ · $16.2K	0.24%
34	5G9CSvpf…ER5E	5,787 α	50.69 τ · $15.6K	0.23%
35	5D15FJ1G…t12U	5,499 α	48.17 τ · $14.9K	0.22%
36	5FnjDPuz…xajP	5,286 α	46.31 τ · $14.3K	0.21%
37	5CerKrvp…sZ2x	5,190 α	45.47 τ · $14.0K	0.21%
38	5F1Rxr6B…oUoz	5,116 α	44.82 τ · $13.8K	0.20%
39	5DLW8Wbw…2wqs	5,035 α	44.10 τ · $13.6K	0.20%
40	5GNAZz4s…MwMm	5,001 α	43.81 τ · $13.5K	0.20%
41	5HK45QZL…RPTk	4,910 α	43.01 τ · $13.3K	0.20%
42	5HQftMAn…4bDN	4,781 α	41.88 τ · $12.9K	0.19%
43	5GCayQvg…Eo7a	4,775 α	41.83 τ · $12.9K	0.19%
44	5GuJG6oa…Z4jV	4,741 α	41.53 τ · $12.8K	0.19%
45	5GzfkTD7…MTpC	4,650 α	40.73 τ · $12.6K	0.19%
46	5CUinZxG…yqyK	4,609 α	40.38 τ · $12.4K	0.18%
47	5DjQbrLV…YCXr	4,586 α	40.17 τ · $12.4K	0.18%
48	5Fs64iFs…JS1c	4,522 α	39.61 τ · $12.2K	0.18%
49	5FscRcR9…qdzp	4,458 α	39.05 τ · $12.0K	0.18%
50	5HYYMyRX…mndg	4,393 α	38.48 τ · $11.9K	0.18%

Owner lock

537,790 α

≈ 4,711 τ · $1.5M

Owner conviction

537,790 α

≈ 4,711 τ · $1.5M

Hotkey locks Σ

6,782 α

≈ 59.41 τ · $18.3K

Registration lock

0.00 τ

Deregistration standing

Rank #84 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.

Largest hotkey lock: 5EhrAFV5…gsWL · 2,565 α conviction of 468,738 α needed

0.5% of the takeover threshold

Account	Kind	Locked α	Value	Conviction α	Matured
5E7a4a7Q…UaMZ	owner · decaying	537,790.45 α	4,711 τ · $1.5M	537,790.45 α	100%
5HMtFEQ9…8CCx	coldkey	267,463.41 α	2,343 τ · $722.4K	267,463.41 α	100%
5E7a4a7Q…UaMZ	coldkey	143,348.35 α	1,256 τ · $387.2K	143,348.35 α	100%
5Fhf1qdo…koza	coldkey	124,371.48 α	1,090 τ · $335.9K	124,371.48 α	100%
5EhrAFV5…gsWL	hotkey	3,903.08 α	34.19 τ · $10.5K	2,565.01 α	66%
5E4Rrpy1…wDaN	coldkey	1,400 α	12.26 τ · $3.8K	1,400 α	100%
5GQYsMTk…dSa6	coldkey	1,000 α	8.76 τ · $2.7K	1,000 α	100%
5DDEt92n…RFPC	hotkey · decaying	418.67 α	3.67 τ · $1.1K	396.43 α	95%
5HTfXFTU…8oHw	coldkey	418.67 α	3.67 τ · $1.1K	396.43 α	95%
5GgEDzkW…x7rk	hotkey · decaying	417.65 α	3.66 τ · $1.1K	395.97 α	95%
5EUWcXNS…PixY	coldkey	417.65 α	3.66 τ · $1.1K	395.97 α	95%
5GbZvz4x…7tcC	coldkey	204.16 α	1.79 τ · $551.43	204.16 α	100%
5Fnmr9Yr…B3WA	coldkey	100 α	0.88 τ · $270.10	88.57 α	89%
5DfmKu4B…bPaN	coldkey	100 α	0.88 τ · $270.10	81.37 α	81%
5EJ5fB1R…P8B9	coldkey	100 α	0.88 τ · $270.10	75.8 α	76%
5Ew1Lcx4…hnpB	coldkey	100 α	0.88 τ · $270.10	69.01 α	69%
5FCRPLoB…rMw8	coldkey	100 α	0.88 τ · $270.10	60.18 α	60%
5DNzuHG1…UDat	coldkey	100 α	0.88 τ · $270.10	57.17 α	57%
5FUTsx7K…n6yi	coldkey	100.99 α	0.88 τ · $272.78	41.53 α	41%
5HDzo8KF…z5Qm	coldkey	500 α	4.38 τ · $1.4K	40.11 α	8%

Why the price moved · last 24h

0.008995 τ → 0.008760 τ (-2.607%)

Trading-348.960 τ and +39,341.918 α through the pool from indexed fills-2.70%
Emission+9.1060 τ injected, +1,012.3966 α minted into the pool−<0.01%
Unexplainedcauses we cannot name from what we index+0.10%

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 #84 in the queue. The network is at capacity (128), so each new subnet registration dissolves rank 1 — 84 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%	0.032%
30 d	500.0 α	50.0%	0.107%
90 d	875.0 α	87.5%	0.187%
180 d	984.4 α	98.4%	0.210%
365 d	999.8 α	100.0%	0.213%

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

☆404—GENSN17 · Bittensor subnet

404—GENSN17 · Bittensor subnet