SayGMSN28 · Bittensor subnet

0.025983 τ$5.78

24H -4.07%7D -14.21%APR (simple) 25.76% · APY (compounded) 29.38%

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SN28, SayGM (α token ד), 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 0.025983 τ (≈ $5.78), against 26,118 τ of pool liquidity. On-chain, the best-delegated validator on it yields about 25.76% APR (simple) and 29.38% APY (compounded), emissions add 0.003411 τ to the pool each block, epochs run every 360 blocks. It was registered at block #4,878,363.

The complete guide to SN28 SayGM — every figure explained →

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

Website ↗GitHub ↗

Price

0.025983 τ

$5.78

APR (simple)

25.76%

APY (compounded)

29.38%

EMA price

0.026173 τ

TAO in pool

26,118 τ

α in pool

1,005,206 α

α staked out

5,533,383 α

Vol 24h (indexed)

4,212 τ

$936.4K

Market cap

133,687 τ

$29.7M

FDV

549,638 τ

$122.2M

Holders

2,272

Miners

134

Market activity · last 24 h

τ in 24h

1,774 τ

$394.4K

τ out 24h

2,438 τ

$542.0K

Volume vs prior 24h

−26.95%

prior 24h: 5,766 τ

Turnover 24h

3.15%

Trading 24h

Buys: 175
Sells: 407
Buyers: 89
Sellers: 174

Sell-off price

0.005569 τ

−78.57% vs spot

Sell-off value

20,518 τ

$4.6M

τ flows through the pool

TAO flow 24h (net staking)

−663.92 τ

over 7,190 blocks · −$147.6K

TAO flow 7d (net staking)

—

Net protocol flow 24h

+140.39 τ

+$31.2K

Emission captured 24h (measured)

127.48 τ

$28.3K

Net basket flow 24h

+12.90 τ

+$2.9K

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

τ emission captured by this subnet · block 9,474,273

Injected into the pool

0.003411 τ

≈ 24.56 τ / day at current rate · $5.5K

Chain buys of α

0.014028 τ

≈ 101.00 τ / day at current rate · $22.5K

Total τ captured

0.017438 τ

≈ 125.56 τ / day at current rate · $27.9K

measured last 24h: 127.48 τ

Share of τ emission

3.49%

Emission per day (current rate)

1.000000 α / block × 7,200

Leg	α / day	τ value / day	USD
Owner	1,296 α	33.67 τ	$7.5K
Miners	2,946 α	76.55 τ	$17.0K
Withheld from miners (owner's miner slots)	5.73 α	0.15 τ	$33.08
Validators	2,952 α	76.70 τ	$17.1K
of which root stakers	387.50 α	10.07 τ	$2.2K
of which α stakers (nominators)	2,565 α	66.63 τ	$14.8K
Total	7,200 α	187.08 τ	$41.6K

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 0.025983 τ. A rate restated per day, not a measured day.

Owner: 5CA6rwAytZvvyZhLYEzo79627QEV422Q8kD51DEnTaRQxm45
Tempo: 360 blocks / epoch
Swap fee: 0.050% (chain AMM)

Owner selling

⚑ Owner sold · 7d

Net sold 7d

2,536 α · 69.78 τ received

share of holdings: 1.1%

Net sold 30d

—

share of holdings: —

Transferred out 7d / 30d

0.00 α / —

Held

235,092 α

chain read at block 9,473,977, 10 Nov 2026 06:17 UTC

Registration

Registered: block 4,878,363
Registration lock: —
Age: 4,595,885 blocks (≈ 638 days)
Immunity: ended at block 5,310,363

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

Development (GitHub) · taostat/gm-miner @ main

View on GitHub ↗

Commits · 7 d: 19
Commits · 30 d: 20+
Last commit: 9h 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 05:18 UTC

Data freshness

Pool flows & emission: block 9,474,273 · 10 Nov 2026 07:17 UTC (4m ago)
Holders: 10 Nov 2026 07:19 UTC (1m ago)
Holder P&L: block 9,474,128 · 10 Nov 2026 06:48 UTC (32m ago)
Owner holding: block 9,473,977 · 10 Nov 2026 06:17 UTC (1h ago)
Metagraph: 10 Nov 2026 06:57 UTC (23m ago)
Conviction: 10 Nov 2026 07:14 UTC (6m ago)
GitHub: 10 Nov 2026 05:18 UTC (2h ago)
Newest on-chain event: block 9,455,043 · 7 Nov 2026 15:10 UTC (2d ago)
TAO/USD (CoinGecko): 10 Nov 2026 07:17 UTC (4m ago)

#	Validator	Stake (α)	APR (simple)	APY (compounded)
1★	tao.bot	939,920 α	25.76%	29.38%
2	Arbos	10,201 α	25.73%	29.34%
3	Tatsu	3,539 α	25.73%	29.34%
4	5Dd8ga…GrWv	1,489 α	25.73%	29.34%
5	xTAO	304 α	25.73%	29.34%
6	5E53v3…4frd	183 α	25.73%	29.34%
7	Astrid	69 α	25.73%	29.34%
8	88 Root	45 α	25.73%	29.34%
9	Ventura Labs	3 α	25.72%	29.33%
10	WinnerTAO	0 α	25.72%	29.33%
11	1T1B.AI	40,873 α	25.71%	29.32%
12	Datura	504,979 α	25.70%	29.31%
13	5CDCHJ…iJ52	0 α	25.49%	29.03%
14	TAO.app	1,138 α	24.44%	27.69%
15	Kusanagi	3,033 α	24.18%	27.36%
16	Cortex Foundαtion	1,250 α	23.70%	26.74%
17	NorthTensor	2,326 α	23.67%	26.71%
18	Bitstarter.ai	8 α	23.54%	26.54%
19	Taostats	343,707 α	23.41%	26.38%
20	TAO.com	202,604 α	23.41%	26.38%
21	Yuma, a DCG Company	161,137 α	23.41%	26.38%
22	Tensorplex Labs	50,059 α	23.41%	26.38%
23	Crucible Labs	17,775 α	23.41%	26.38%
24	5HbScN…FZdT	1,835 α	23.41%	26.38%
25	TrustedStake	1,162 α	23.41%	26.38%
26	tao5	1,001 α	23.41%	26.38%
27	Subnet Summer	455 α	23.41%	26.38%
28	FirstTensor.com	194 α	23.41%	26.38%
29	WildSage Labs (RT21)	881 α	23.41%	26.38%
30	01Lamida, Inc.	307 α	23.41%	26.38%
31	Rizzo (Insured)	2,843 α	23.41%	26.38%
32	5HK1Ub…RJAK	37,999 α	23.18%	26.08%
33	5HK2LZ…YYXr	957 α	23.18%	26.08%
34	K8STAKE.AI	49 α	23.15%	26.05%
35	Unknown	5 α	23.15%	26.05%
36	Kiln	12 α	22.92%	25.76%
37	Ary van der Touw	6,358 α	21.10%	23.49%
38	General Tensor	160,010 α	21.10%	23.49%
39	Openτensor Foundaτion	7,298 α	21.10%	23.49%
40	5G1NjW…nChe	4,032 α	21.10%	23.49%
41	Neuralteq.com	734 α	21.10%	23.49%
42	Subnet.ai	154 α	21.10%	23.49%
43	Yuma, a DCG Company	146 α	21.10%	23.49%
44	Firepool	66 α	21.10%	23.49%
45	General Tensor	33 α	21.10%	23.49%
46	5DLQGc…RZJV	19 α	21.10%	23.49%
47	5H6yVW…nK62	10 α	21.10%	23.49%
48	Rizzo (Insured)	2,570 α	21.10%	23.49%
49	5EByfp…JWs4	9 α	21.10%	23.49%
50	Owner28	1,108,438 α	21.10%	23.49%
51	5FLoWC…Rv8m	4 α	21.09%	23.48%
52	WildSage Labs (RT21)	0 α	21.08%	23.47%
53	5EqYds…oaUf	11 α	20.88%	23.23%
54	Kooltek68	1,179 α	20.68%	22.97%
55	Kooltek68	0 α	20.62%	22.90%
56	Kraken	21,793 α	16.49%	17.92%
57	Kraken	430 α	16.49%	17.92%
58	5CfaJ8…2TXj	21,691 α	—	—

Showing 16 of 58.

Validators on this subnet — its permitted UIDs plus every hotkey the chain paid here, parents paid through child keys included — the default first, then by yield. Yields are last epoch's nominator dividends, in α. APR (simple) is one epoch's nominator return × epochs per year. APY (compounded) assumes the dividends, auto-staked every epoch, are never withdrawn: (1 + r)^epochs − 1. Both in α; the τ return also depends on the α price. Every validator →

Hyperparameters what they mean

Tempo: 360 blk
Immunity: 3,600 blk
Max validators: 64
UIDs: 256
Reg. burn: 0.1973 τ
Registration: open
Weights rate: 1 blk
Activity cutoff: 360
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
3	5Evgh9QT…co3P	5CA6rw…xm45	validator	2,896,383	0.2%	0.2%	73.9%	109.432 α	—	#4,920,350
157	5CfaJ817…2TXjinactive	5GJqZY…fGtF	validator	21,691	28.1%	28.4%	0.0%	41.913 α	—	#9,222,764
18	5E2LP6En…eZ5u	5GsbTg…pZX9	validator	455,640	0.0%	0.0%	11.9%	17.592 α	—	#9,363,755
71	5GTtLzJp…cUJfinactive	5F1jjR…izFS	miner	0	8.6%	8.7%	0.0%	12.797 α	—	#9,400,895
122	5CXpXNGR…f763inactive	5F1jjR…izFS	miner	0	7.5%	7.6%	0.0%	11.204 α	—	#9,432,463
126	5C7haX5h…G1fBinactive	5F1jjR…izFS	miner	0	7.0%	7.1%	0.0%	10.472 α	—	#9,432,474
180	5GBYAqFF…kmTy	5E9fVY…Yc5p	validator	161,283	0.0%	0.0%	6.7%	9.834 α	—	#9,363,753
116	5GGenoHq…1SFtinactive	5FvJPf…vprG	miner	149	6.1%	6.1%	0.0%	9.007 α	—	#9,398,143
211	5H1bWhPn…nGRpinactive	5GWbuJ…rzdm	miner	90	4.7%	4.7%	0.0%	6.968 α	—	#9,311,077
245	5CkZKnmB…8RVg	5FHxxe…GpSs	validator	22,222	0.0%	0.0%	3.1%	4.651 α	—	#8,642,706
72	5C4tv9Un…DBw4inactive	5F1jjR…izFS	miner	0	2.5%	2.5%	0.0%	3.707 α	—	#9,402,226
65	5DhUicWg…cmsjinactive	5EkVEn…e23N	miner	7	2.3%	2.3%	0.0%	3.449 α	—	#8,908,234
162	5Fsvv441…i6uPinactive	5CX8CA…TUiC	miner	4	2.4%	2.3%	0.0%	3.430 α	—	#9,280,878
89	5Hfy6det…heVXinactive	5F1jjR…izFS	miner	0	2.0%	1.9%	0.0%	2.878 α	—	#9,403,594
44	5EvosuiY…o42Yinactive	5C9y6f…iTEE	miner	11	1.6%	1.6%	0.0%	2.355 α	—	#8,864,149
14	5E53v3EB…4frd	5FvrtJ…isNR	validator	34,027	0.0%	0.0%	1.5%	2.269 α	—	#8,770,350
4	5Dc29jW2…zevtinactive	5F6eBJ…B6ts	miner	5	1.5%	1.5%	0.0%	2.181 α	—	#8,762,678
127	5GWSrXMr…oXPbinactive	5F4Eih…YPWR	miner	158	1.4%	1.3%	0.0%	1.975 α	—	#9,435,269
165	5G9hfkx9…wrc5	5Ek8i6…t33f	validator	47,154	0.0%	0.0%	1.3%	1.910 α	—	#6,656,114
148	5Dz51zXU…tXn1inactive	5F1jjR…izFS	miner	0	1.2%	1.2%	0.0%	1.828 α	—	#9,363,733
236	5HEL5cbH…hRmZinactive	5Gxcqy…fifU	miner	8	0.9%	0.9%	0.0%	1.286 α	—	#9,313,860
83	5CFT9yTf…8AeRinactive	5ERLm1…Mu2Q	miner	88	0.8%	0.8%	0.0%	1.169 α	—	#9,449,804
103	5EhaY9xy…GAA5inactive	5HYG9R…ek66	miner	25	0.8%	0.8%	0.0%	1.146 α	—	#9,393,869
140	5CLeWBic…8M74inactive	5F9MST…nh7D	miner	5	0.7%	0.7%	0.0%	1.077 α	—	#9,315,061
49	5FqQiK5h…w4U3inactive	5Fhix3…72Ly	miner	1	0.7%	0.7%	0.0%	1.016 α	—	#9,345,963
102	5ECjkqyv…k4iYinactive	5H49iZ…1XBW	miner	6	0.7%	0.7%	0.0%	0.995 α	—	#9,393,095
137	5HdzVoJc…hR8cinactive	5FWoTu…UNX3	miner	2	0.7%	0.6%	0.0%	0.946 α	—	#9,467,735
11	5H9FRjYg…yMM6inactive	5FfAYh…9bzL	miner	7	0.6%	0.6%	0.0%	0.893 α	—	#9,369,375
225	5FLoWCDo…Rv8m	5EnXts…FCGK	validator	21,458	0.0%	0.0%	0.6%	0.878 α	—	#6,724,444
141	5E7G6zxs…2d5Linactive	5EPNf6…WnTo	miner	699	0.6%	0.6%	0.0%	0.878 α	—	#9,138,347
36	5DULXs7P…BuC9inactive	5HBmLc…KqWi	miner	2	0.5%	0.5%	0.0%	0.798 α	—	#8,850,508
139	5Dz2XDf3…rcg7inactive	5EqW8Q…acey	miner	2	0.5%	0.5%	0.0%	0.798 α	—	#9,468,019
60	5HN7RRrL…3myhinactive	5CyMPP…Sgh4	miner	15	0.6%	0.5%	0.0%	0.797 α	—	#9,350,438
164	5FHct37F…iPZJinactive	5Cm7d8…ELbo	miner	13	0.5%	0.5%	0.0%	0.751 α	—	#9,286,767
255	5DcbDPH9…SL28	5GW9X8…jovV	validator	882	0.0%	0.0%	0.5%	0.745 α	—	#9,380,984
204	5DLDytHw…hb79inactive	5Fha4p…ba3M	miner	8	0.5%	0.5%	0.0%	0.688 α	—	#9,310,630
45	5CiYmAcu…gcX1inactive	5Dt7ir…mvRz	miner	10	0.5%	0.5%	0.0%	0.685 α	—	#9,339,886
123	5GQuYp8g…LKGxinactive	5F7gFZ…VAdi	miner	1	0.5%	0.5%	0.0%	0.685 α	—	#9,472,406
249	5GCHuvXF…i7Bginactive	5CAwAx…1BnM	miner	7	0.5%	0.5%	0.0%	0.678 α	—	#9,315,661
206	5Gh3DYpN…SVKNinactive	5EtHKg…wAXk	miner	9	0.5%	0.4%	0.0%	0.662 α	—	#9,310,657
169	5GdcpBfi…AMzqinactive	5EjYzv…gV2B	miner	9	0.4%	0.4%	0.0%	0.646 α	—	#9,289,027
119	5Gc4o1Nc…zZrKinactive	5Ca2Aq…CFeu	miner	10	0.4%	0.4%	0.0%	0.614 α	—	#9,398,656
223	5EU6EMRo…q481inactive	5DkK43…HxT1	miner	14	0.4%	0.4%	0.0%	0.606 α	—	#9,312,347
118	5GuNnmft…KENDinactive	5F51Dv…5jvU	miner	15	0.4%	0.4%	0.0%	0.598 α	—	#9,398,512
221	5DtT6TST…PFChinactive	5Gpqki…2hjs	miner	3	0.4%	0.4%	0.0%	0.581 α	—	#9,367,971
147	5Eki9xAV…LXnUinactive	5F4waz…iouh	miner	80	0.4%	0.4%	0.0%	0.569 α	—	#9,190,712
240	5DFnXJ1u…wmuAinactive	5EjZ7p…jzSJ	miner	10	0.4%	0.4%	0.0%	0.556 α	—	#9,313,977
9	5F1UJWEF…6s28	5Fuzgv…krzo	validator	5,414	0.0%	0.0%	0.4%	0.535 α	—	#9,334,204
107	5EhUh5La…sUCjinactive	5CAkTs…57LN	miner	4	0.4%	0.4%	0.0%	0.520 α	—	#9,396,661
232	5HTABB8t…HCf2inactive	5CwAPG…3NLi	miner	7	0.3%	0.3%	0.0%	0.377 α	—	#9,313,235
93	5E7mL2sE…CuBCinactive	5Fc2Xf…xuK5	miner	6	0.3%	0.2%	0.0%	0.360 α	—	#9,384,983
134	5FskJe3Z…dCzNinactive	5Hj8r3…FUWf	miner	1	0.2%	0.2%	0.0%	0.344 α	—	#9,471,168
98	5GC6k346…rqwUinactive	5GePgG…odRG	miner	9	0.2%	0.2%	0.0%	0.343 α	—	#9,386,074
0	5DfYniu4…w3MGinactive	5HQYFr…P46u	miner	18	0.2%	0.2%	0.0%	0.341 α	—	#9,392,958
214	5EqANe8V…1ycginactive	5DfMAC…wvmh	miner	13	0.2%	0.2%	0.0%	0.332 α	—	#9,311,188
196	5GU6EsUY…1bS6inactive	5FUfPA…DQbY	miner	2	0.2%	0.2%	0.0%	0.317 α	—	#9,302,479
25	5E6mLkqr…Mritinactive	5Gzors…gdrf	miner	5	0.2%	0.2%	0.0%	0.306 α	—	#9,311,760
219	5HjecPNS…qQbBinactive	5FnqAP…BRZX	miner	5	0.2%	0.2%	0.0%	0.300 α	—	#9,369,128
234	5FgdviYz…sWC2inactive	5HKaxN…4Ekq	miner	19	0.2%	0.2%	0.0%	0.300 α	—	#9,313,260
238	5HQnFcSC…RPEJinactive	5CXyPy…GSd9	miner	13	0.2%	0.2%	0.0%	0.298 α	—	#9,313,955
213	5EDCCjMC…EF4Uinactive	5EkVEn…e23N	miner	1	0.2%	0.2%	0.0%	0.297 α	—	#8,915,781
215	5GZWTQH7…Pav5inactive	5EPUwg…hBKQ	miner	3	0.2%	0.2%	0.0%	0.277 α	—	#9,311,204
212	5GebH2Vn…3inCinactive	5Fdwzm…povp	miner	10	0.2%	0.2%	0.0%	0.272 α	—	#9,311,089
23	5Cwm75KV…ogkPinactive	5GQibS…FNgG	miner	6	0.2%	0.2%	0.0%	0.267 α	—	#9,324,874

Child keys (84)

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→5CFzH1Wp…8MUV100.0%

5CAQAgXx…7FmJ→5Evgh9QT…co3P100.0%

5CBDhkBx…8S3A→5Ggasr6f…xGTV100.0%

5CDCHJFp…iJ52→5Evgh9QT…co3P100.0%

5CSAGuiJ…a4t1→5FnGPRV7…MVZZ100.0%

5CUysqNg…ws6B→5G1NjW9Y…nChe100.0%

5CV93B17…fQF2→5E2LP6En…eZ5u100.0%

5CcD4RLF…Dcdb→5Evgh9QT…co3P100.0%

5Ckaoft1…uUes→5CkZKnmB…8RVg100.0%

5CoZxgtf…bifj→5Evgh9QT…co3P100.0%

5CqRMuYS…b9Ed→5Evgh9QT…co3P100.0%

5CsvRJXu…2zVp→5Evgh9QT…co3P100.0%

5CszMVts…gMUV→5Evgh9QT…co3P100.0%

5CzFiYvB…gZ3J→5GKH9FPP…TrP1100.0%

5D4gEn5S…kZ4f→5Evgh9QT…co3P100.0%

5D4oo3Z5…rWSj→5GpizLBH…78wF100.0%

5DD6hMnC…P3KL→5GKH9FPP…TrP1100.0%

5DLQGc9D…RZJV→5Evgh9QT…co3P100.0%

5DM7CPqP…xmtX→5Evgh9QT…co3P100.0%

5DUuFhF4…k2GU→5Evgh9QT…co3P100.0%

5DXdHixx…L1S1→5GBYAqFF…kmTy100.0%

5Dd8gaRN…GrWv→5Evgh9QT…co3P100.0%

5Deo9Q3S…zD9Y→5E53v3EB…4frd100.0%

5DjtmV76…T4Kd→5Evgh9QT…co3P100.0%

5DkFEQdE…M7Fn→5Evgh9QT…co3P100.0%

5DvDypN8…diFp→5Evgh9QT…co3P100.0%

5DvTpini…N2ed→5Evgh9QT…co3P100.0%

5E4z3h9y…ULde→5Evgh9QT…co3P100.0%

5EAdPk76…pYDc→5Evgh9QT…co3P100.0%

5EByfpgR…JWs4→5Evgh9QT…co3P100.0%

5ELREhAp…qwVh→5Evgh9QT…co3P100.0%

5EWLgJHB…aVrk→5FnGPRV7…MVZZ100.0%

5EqYdsxW…oaUf→5G9hfkx9…wrc5100.0%

5EtUYRu7…tvzs→5Evgh9QT…co3P100.0%

5F27Eqz2…NvoY→5F1UJWEF…6s28100.0%

5F7dvCS7…r6LW→5G9hfkx9…wrc5100.0%

5FBqnTwn…4WUw→5FLoWCDo…Rv8m100.0%

5FFM6Nvv…UWgt→5Evgh9QT…co3P100.0%

5FFSBkNi…VR86→5CobTgbn…2868100.0%

5FWB5CFZ…jkg5→5Evgh9QT…co3P100.0%

…and 44 more

Verified

Balances as of 10 Nov 2026 07:19 UTC. Checked against the chain 10 Nov 2026 07:19 UTC. Last exact chain read: holder refresh at block 9,458,487 (8 Nov 2026 03:30 UTC).

Holders

2,272

Top holder

13.9%

owner & escrow excluded

Top 10

53.1%

Nakamoto

Nakamoto 9 = the fewest coldkeys that together hold a majority. HHI 0.044 (0 = evenly spread, 1 = one holder, min-normalised so it is not comparable to the raw HHI most explorers publish), Gini 0.961.

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 and the protocol's root-basket escrow are set aside for Top holder, 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; the escrow (the runtime's modlsubtensrbeta/esc account) holds validators' basket positions for root stakers and is no wallet at all. Shares in the table below are of every holder's α, both included. Counted holders are every coldkey holding at least 0.000001 α, the owner and the escrow among them; 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. The holder count, the shares and the figures above use balances refreshed every 10 minutes from the fills we index ourselves. The table's Alpha and Value columns use the chain's own reading instead (see below).

Profit since 1 Sep 2026 03:25 UTC (block 8,969,695). Taosis indexes every trade leg from then on; gains made before are not counted. Staking = α earned (the chain's α change minus every indexed buy, sell, fee and transfer), valued at today's price. Trading = everything else. Prices are the chain's own pool price (SubnetTAO / SubnetAlphaIn). USD uses CoinGecko TAO/USD, the only input to these figures that does not come from the chain. Top 100 holders per subnet, recomputed every 6 hours; last computed 10 Nov 2026 06:48 UTC at block 9,474,128. 36 blocks since then could not be indexed (9,202,374, 9,204,152, 9,224,363, 9,225,344, 9,225,345, and 31 more); a trade in them is missing from these figures. USD P&L = τ P&L × the TAO/USD of the last P&L computation ($222.43, 10 Nov 2026 06:48 UTC) + the TAO/USD move: each τ that went in or came out is valued at the TAO/USD of its own day ($229.56 at the start), so TAO's own fall can turn a τ gain into a USD loss. In the table, an Alpha figure without a mark is the chain's own StakeInfo reading from that 6-hourly pass, and Value prices it at that pass's pool price and TAO/USD rate (hover a figure for its block). “≈” marks a coldkey the pass has no reading under 12 h old for: its balance comes from Taosis's own trade index, refreshed every 10 minutes, which leaves out staking rewards, and is valued at today's price. How each figure is defined →

#	Coldkey	Alpha	Value	Trading P&L	Staking	Total P&L	Status	Share
1	5FqACMtc…sThe	470,918 α	12,242 τ · $2.7M	+3,471 τ · +$713.1K	+19,337 α+502.67 τ · +$111.8K	+3,974 τ · +$824.9K	Since 1 Sep	12.83%
2	5GuRLEMg…iuaC	331,257 α	8,625 τ · $1.9M	+2,455 τ · +$504.5K	+13,602 α+354.15 τ · +$78.8K	+2,809 τ · +$583.3K	Since 1 Sep	9.02%
3	5CA6rwAy…xm45OwnerValidator	235,092 α	6,111 τ · $1.4M	+1,078 τ · +$230.0K	+108,378 α+2,817 τ · +$626.7K	+3,895 τ · +$856.7K	Since 1 Sep	6.32%
4	5FoGgCxV…Q2Ww	215,663 α	5,606 τ · $1.2M	−1,407 τ · −$410.7K	+1,663 α+43.22 τ · +$9.6K	−1,364 τ · −$401.1K	Full history	5.87%
5	5EspQViA…VQzE	201,199 α	5,230 τ · $1.2M	+1,535 τ · +$327.2K	+9,806 α+254.90 τ · +$56.7K	+1,790 τ · +$383.9K	Since 1 Sep	5.48%
6	5DkkkEhn…BTCg	139,044 α	3,615 τ · $804.0K	+1,067 τ · +$246.6K	+7,153 α+185.94 τ · +$41.4K	+1,253 τ · +$288.0K	Since 1 Sep	3.79%
7	5E4wXrX5…ezdV	120,529 α	3,133 τ · $697.0K	+1,035 τ · +$240.9K	+5,663 α+147.22 τ · +$32.7K	+1,182 τ · +$273.6K	Since 1 Sep	3.28%
8	5FZjzaTZ…yyFv	95,897 α	2,493 τ · $554.5K	+833.91 τ · +$174.5K	+5,291 α+137.53 τ · +$30.6K	+971.44 τ · +$205.1K	Since 1 Sep	2.61%
9	5DZMADd4…mvZs	84,625 α	2,200 τ · $489.3K	+649.90 τ · +$138.1K	+4,318 α+112.24 τ · +$25.0K	+762.14 τ · +$163.1K	Since 1 Sep	2.30%
10	5G62K98t…awrS	77,887 α	2,025 τ · $450.4K	+568.86 τ · +$116.9K	+3,885 α+100.99 τ · +$22.5K	+669.85 τ · +$139.3K	Since 1 Sep	2.12%
11	5FESCsTc…XEZo	64,872 α	1,686 τ · $375.1K	+478.15 τ · +$98.2K	+2,664 α+69.25 τ · +$15.4K	+547.40 τ · +$113.6K	Since 1 Sep	1.77%
12	5E1z4Gs1…sV2u	60,927 α	1,584 τ · $352.3K	+445.04 τ · +$91.4K	+3,039 α+79.00 τ · +$17.6K	+524.04 τ · +$109.0K	Since 1 Sep	1.66%
13	5ERhiHMS…Mko4	56,949 α	1,481 τ · $329.3K	+415.98 τ · +$85.5K	+2,840 α+73.84 τ · +$16.4K	+489.82 τ · +$101.9K	Since 1 Sep	1.55%
14	5EZU8Tg3…VX2Y	51,953 α	1,351 τ · $300.4K	−75.31 τ · −$96.7K	+920.79 α+23.94 τ · +$5.3K	−51.37 τ · −$91.4K	Full history	1.41%
15	5EYCAe5j…tp7sBasket escrow	≈46,614 α	1,211 τ · $269.3K	—	—	—	—	1.27%
16	5Hj3ArWD…YVz1	40,357 α	1,048 τ · $233.2K	+401.98 τ · +$73.8K	+2,255 α+58.56 τ · +$13.0K	+460.54 τ · +$86.8K	Since 1 Sep	1.10%
17	5FNxL46p…nPSG	38,128 α	991.16 τ · $220.5K	+305.04 τ · +$72.7K	+1,885 α+48.99 τ · +$10.9K	+354.03 τ · +$83.6K	Since 1 Sep	1.04%
18	5GF87Rts…pY1i	32,702 α	850.13 τ · $189.1K	+238.84 τ · +$49.1K	+1,631 α+42.40 τ · +$9.4K	+281.24 τ · +$58.5K	Since 1 Sep	0.89%
19	5ChVPJGi…uthU	31,280 α	813.15 τ · $180.9K	—	—	—	Unverified	0.85%
20	5DYWDMti…B92X	29,930 α	778.05 τ · $173.1K	+219.61 τ · +$45.1K	+1,361 α+35.38 τ · +$7.9K	+254.99 τ · +$53.0K	Since 1 Sep	0.82%
21	5EJ2N2QW…z2Md	29,916 α	777.73 τ · $173.0K	+219.53 τ · +$45.1K	+1,360 α+35.36 τ · +$7.9K	+254.90 τ · +$53.0K	Since 1 Sep	0.81%
22	5DCzubaD…A67p	29,418 α	764.75 τ · $170.1K	+216.81 τ · +$44.5K	+1,214 α+31.55 τ · +$7.0K	+248.36 τ · +$51.6K	Since 1 Sep	0.80%
23	5GWoqXes…mNNS	29,252 α	760.43 τ · $169.1K	+254.50 τ · +$59.4K	+1,311 α+34.08 τ · +$7.6K	+288.59 τ · +$67.0K	Since 1 Sep	0.80%
24	5DigGdcD…z6F2	25,121 α	653.04 τ · $145.3K	+184.33 τ · +$37.9K	+1,142 α+29.69 τ · +$6.6K	+214.02 τ · +$44.5K	Since 1 Sep	0.68%
25	5FQEpgv7…8cVA	25,034 α	650.77 τ · $144.8K	+250.41 τ · +$58.8K	+1,476 α+38.37 τ · +$8.5K	+288.78 τ · +$67.3K	Since 1 Sep	0.68%
26	5Gj5coRF…oH4B	24,642 α	640.61 τ · $142.5K	+163.04 τ · +$31.8K	+1,064 α+27.65 τ · +$6.2K	+190.69 τ · +$38.0K	Since 1 Sep	0.67%
27	5HoTwRLH…3WSQ	22,198 α	576.55 τ · $128.2K	+128.03 τ · +$27.7K	+1,119 α+29.06 τ · +$6.5K	+157.09 τ · +$34.2K	Since 1 Sep	0.60%
28	5CqHULTd…awxZ	21,544 α	560.04 τ · $124.6K	−144.70 τ · −$53.1K	+182.29 α+4.74 τ · +$1.1K	−139.96 τ · −$52.1K	Full history	0.59%
29	5CBo8ypW…T86X	21,351 α	555.03 τ · $123.5K	+155.93 τ · +$32.0K	+1,065 α+27.68 τ · +$6.2K	+183.61 τ · +$38.2K	Since 1 Sep	0.58%
30	5GJqZYDs…fGtFValidator	21,459 α	557.84 τ · $124.1K	+18.93 τ · +$6.6K	+26,187 α+680.76 τ · +$151.4K	+699.69 τ · +$158.0K	Full historyⓘ	0.54%
31	5HCkg3pP…pTwx	17,623 α	458.85 τ · $102.1K	+16.35 τ · −$8.9K	+497.58 α+12.96 τ · +$2.9K	+29.31 τ · −$6.1K	Since 1 Sep	0.48%
32	5HKisem4…iVDN	17,425 α	453.70 τ · $100.9K	+129.43 τ · +$26.6K	+676.41 α+17.61 τ · +$3.9K	+147.04 τ · +$30.5K	Since 1 Sep	0.47%
33	5EnhnBVK…xmCb	15,998 α	415.91 τ · $92.5K	+84.60 τ · +$13.6K	+708.87 α+18.43 τ · +$4.1K	+103.02 τ · +$17.7K	Since 1 Sep	0.44%
34	5ESTWEms…Bzuo	15,875 α	412.70 τ · $91.8K	+83.87 τ	+621.09 α+16.15 τ	+100.02 τ	Since 1 Sepⓘ	0.43%
35	5DrHGF7y…JdUw	14,716 α	382.56 τ · $85.1K	−12.20 τ · −$27.2K	+326.73 α+8.49 τ · +$1.9K	−3.71 τ · −$25.3K	Since 1 Sep	0.40%
36	5GBb1YTH…9GVm	14,403 α	374.42 τ · $83.3K	+45.58 τ · +$11.4K	+465.51 α+12.10 τ · +$2.7K	+57.68 τ · +$14.1K	Since 1 Sep	0.39%
37	5CK3vPgg…vvHf	13,237 α	344.11 τ · $76.5K	+97.55 τ · +$20.0K	+546.07 α+14.20 τ · +$3.2K	+111.75 τ · +$23.2K	Since 1 Sep	0.36%
38	5FRu1T5R…NMKu	13,228 α	343.88 τ · $76.5K	−16.86 τ · −$2.8K	+74.89 α+1.95 τ · +$433.03	−14.91 τ · −$2.3K	Full historyⓘ	0.36%
39	5CAmYjUi…J1Ly	13,026 α	338.61 τ · $75.3K	−42.31 τ · −$30.7K	+227.92 α+5.92 τ · +$1.3K	−36.39 τ · −$29.4K	Full history	0.35%
40	5GCMQWyS…Q1fd	12,903 α	335.43 τ · $74.6K	+94.68 τ · +$19.5K	+586.66 α+15.25 τ · +$3.4K	+109.93 τ · +$22.8K	Since 1 Sep	0.35%
41	5D5B37Ku…NTJB	12,673 α	329.45 τ · $73.3K	+56.05 τ · −$8.7K	+440.35 α+11.45 τ · +$2.5K	+67.50 τ · −$6.1K	Full history	0.35%
42	5Cx59iiG…utnm	12,518 α	325.40 τ · $72.4K	−104.97 τ · −$44.6K	+170.45 α+4.43 τ · +$985.58	−100.54 τ · −$43.6K	Full history	0.34%
43	5EUDeQTs…yZ66	12,507 α	325.15 τ · $72.3K	+465.80 τ	+1,570 α+40.82 τ	+506.61 τ	Since 1 Sepⓘ	0.34%
44	5EuxqP2J…FPrN	11,935 α	310.27 τ · $69.0K	+32.17 τ · −$4.6K	+114.07 α+2.97 τ · +$659.58	+35.14 τ · −$3.9K	Full historyⓘ	0.32%
45	5G4529T3…7EpB	11,815 α	307.14 τ · $68.3K	+86.34 τ · +$17.7K	+563.61 α+14.65 τ · +$3.3K	+100.99 τ · +$21.0K	Since 1 Sep	0.32%
46	5ES84rfz…QM4w	11,153 α	289.95 τ · $64.5K	+87.10 τ · +$16.4K	+579.51 α+15.07 τ · +$3.4K	+102.17 τ · +$19.7K	Since 1 Sep	0.30%
47	5Dptqz9t…vq2h	10,899 α	283.32 τ · $63.0K	+76.17 τ · +$14.7K	+538.17 α+13.99 τ · +$3.1K	+90.16 τ · +$17.8K	Since 1 Sep	0.30%
48	5CFjSegG…viKj	10,445 α	271.52 τ · $60.4K	+62.56 τ	+498.88 α+12.97 τ	+75.53 τ	Since 1 Sepⓘ	0.28%
49	5FHF8cDs…yLTa	10,164 α	264.22 τ · $58.8K	+66.57 τ · +$13.2K	+447.03 α+11.62 τ · +$2.6K	+78.19 τ · +$15.7K	Since 1 Sep	0.28%
50	5Cg3ttkr…YPri	10,007 α	260.15 τ · $57.9K	+76.56 τ · +$16.2K	+512.94 α+13.33 τ · +$3.0K	+89.89 τ · +$19.2K	Since 1 Sep	0.27%

Concentration history

Holders2,272

2026-09-251,980 – 2,4722026-11-10

Nakamoto9

2026-09-258 – 102026-11-10

Top 10 share53.1%

2026-09-2551.4% – 55.7%2026-11-10

HHI0.044

2026-09-250.041 – 0.0482026-11-10

Total α3,667,060 α

2026-09-253,414,624 α – 3,764,044 α2026-11-10

One point per UTC day: the subnet's published state at the end of that day. The owner's coldkey and the protocol's root-basket escrow are excluded from HHI, Nakamoto, Top 10 and Gini. Days recorded before the method change of late September 2026 counted holders without the owner and kept the escrow in those four, so a line can step on that day. History starts 2026-09-25; earlier days were never measured.

On-chainChild keysBetween blocks 9,454,983 and 9,455,043· Nov 7, 2026, 15:10 UTC
Validator TAO.app (5CoZ…bifj) scheduled a child-key change on SN28
Validator hotkey 5CoZxgtfhcJKX2HmkwnsN18KbaT9aih9eF3b6qVPTgAUbifj announced new child keys on SN28, applying at block 9,462,203 (~24h). Stake delegated to it there routes through its children after that.
Parent TAO.app · SN28 (this subnet)
On-chainChild keysBetween blocks 9,445,998 and 9,446,061· Nov 6, 2026, 09:13 UTC
Validator TAO.app (5CoZ…bifj) scheduled a child-key change on SN28
Validator hotkey 5CoZxgtfhcJKX2HmkwnsN18KbaT9aih9eF3b6qVPTgAUbifj announced new child keys on SN28, applying at block 9,453,199 (~24h). Stake delegated to it there routes through its children after that.
Parent TAO.app · SN28 (this subnet)
On-chainChild keysBetween blocks 9,428,424 and 9,428,482· Nov 3, 2026, 22:37 UTC
Validator Arbos (5GTW…ySXP) scheduled a child-key change on 12 subnets
Validator hotkey 5GTWwu3NCbYmVFzwfrXa1sx8y4UNLR3padWfVZwjNnDmySXP announced new child keys on SN1, SN2, SN4, SN14, SN17, SN22, SN23, SN28, SN37, SN39, SN48, SN50, applying at block 9,435,633 (~24h). Stake delegated to it there routes through its children after that.
Parent Arbos · SN1, SN2, SN4, SN14, SN17, SN22, SN23, SN28 (this subnet), SN37, SN39, SN48, SN50
On-chainChild keysBetween blocks 9,418,904 and 9,418,981· Nov 2, 2026, 14:57 UTC
Validator xTAO (5GcA…HZCV) scheduled a child-key change on SN28
Validator hotkey 5GcAZ4SFfghRCYqhSTaeGqmgfosWfRRtSjp5T1YxpVuNHZCV announced new child keys on SN28, applying at block 9,426,130 (~24h). Stake delegated to it there routes through its children after that.
Parent xTAO · SN28 (this subnet)
On-chainChild keysBetween blocks 9,379,532 and 9,379,592· Oct 28, 2026, 03:38 UTC
Validator tao5 (5Csv…2zVp) scheduled a child-key change on 2 subnets
Validator hotkey 5CsvRJXuR955WojnGMdok1hbhffZyB4N5ocrv82f3p5A2zVp announced new child keys on SN28, SN33, applying at block 9,386,743 (~24h). Stake delegated to it there routes through its children after that.
Parent tao5 · SN28 (this subnet), SN33
On-chainHyperparametersDetected 13d ago· Oct 27, 2026, 22:40 UTC
SN28 changed min registration burn: 0.1 τ → 0.1973 τ
Min registration burn: 0.1 τ → 0.1973 τ.
On-chainLarge tradeBlock 9,377,539· Oct 27, 2026, 20:47 UTC
SN28 large buy: 700.0 τ
coldkey 5CqH…awxZ bought 21,361.50 α for 700.00 τ — 2.4% of the pool's τ before the trade.
Buy · 700.00 τ · 21,362 α · 2.4% of pool · 5CqHUL…awxZ
On-chainChild keysBetween blocks 9,372,196 and 9,372,256· Oct 27, 2026, 03:11 UTC
Validator TAO.app (5CoZ…bifj) scheduled a child-key change on SN28
Validator hotkey 5CoZxgtfhcJKX2HmkwnsN18KbaT9aih9eF3b6qVPTgAUbifj announced new child keys on SN28, applying at block 9,379,409 (~24h). Stake delegated to it there routes through its children after that.
Parent TAO.app · SN28 (this subnet)
On-chainChild keysBetween blocks 9,356,991 and 9,357,051· Oct 25, 2026, 00:30 UTC
Validator tao5 (5Csv…2zVp) scheduled a child-key change on SN28
Validator hotkey 5CsvRJXuR955WojnGMdok1hbhffZyB4N5ocrv82f3p5A2zVp announced new child keys on SN28, applying at block 9,364,193 (~24h). Stake delegated to it there routes through its children after that.
Parent tao5 · SN28 (this subnet)
On-chainChild keysBetween blocks 9,343,056 and 9,343,117· Oct 23, 2026, 02:03 UTC
Validator TAO.app (5CoZ…bifj) scheduled a child-key change on SN28
Validator hotkey 5CoZxgtfhcJKX2HmkwnsN18KbaT9aih9eF3b6qVPTgAUbifj announced new child keys on SN28, applying at block 9,350,307 (~24h). Stake delegated to it there routes through its children after that.
Parent TAO.app · SN28 (this subnet)
On-chainLarge tradeBlock 9,341,843· Oct 22, 2026, 21:48 UTC
SN28 large sell: 752.9 τ
coldkey 5GFA…i1hN sold 24,115.53 α for 752.94 τ — 2.6% of the pool's τ before the trade.
Sell · 752.94 τ · 24,116 α · 2.6% of pool · 5GFAST…i1hN
On-chainLarge tradeBlock 9,341,843· Oct 22, 2026, 21:48 UTC
SN28 large buy: 752.6 τ
coldkey 5GFA…i1hN bought 24,127.68 α for 752.64 τ — 2.7% of the pool's τ before the trade.
Buy · 752.64 τ · 24,128 α · 2.7% of pool · 5GFAST…i1hN
On-chainLarge tradeBlock 9,341,838· Oct 22, 2026, 21:47 UTC
SN28 large sell: 800.6 τ
coldkey 5GFA…i1hN sold 25,886.00 α for 800.64 τ — 2.8% of the pool's τ before the trade.
Sell · 800.64 τ · 25,886 α · 2.8% of pool · 5GFAST…i1hN
On-chainLarge tradeBlock 9,341,838· Oct 22, 2026, 21:47 UTC
SN28 large buy: 800.4 τ
coldkey 5GFA…i1hN bought 25,899.04 α for 800.38 τ — 2.9% of the pool's τ before the trade.
Buy · 800.38 τ · 25,899 α · 2.9% of pool · 5GFAST…i1hN
On-chainLarge tradeBlock 9,339,900· Oct 22, 2026, 15:19 UTC
SN28 large sell: 581.7 τ
coldkey 5CUh…SQLs sold 18,382.19 α for 581.71 τ — 2.0% of the pool's τ before the trade.
Sell · 581.71 τ · 18,382 α · 2.0% of pool · 5CUhxS…SQLs
On-chainLarge tradeBlock 9,334,836· Oct 21, 2026, 22:27 UTC
SN28 large sell: 794.7 τ
coldkey 5GFA…i1hN sold 23,194.81 α for 794.75 τ — 2.7% of the pool's τ before the trade.
Sell · 794.75 τ · 23,195 α · 2.7% of pool · 5GFAST…i1hN
On-chainLarge tradeBlock 9,334,836· Oct 21, 2026, 22:27 UTC
SN28 large buy: 794.3 τ
coldkey 5GFA…i1hN bought 23,206.49 α for 794.28 τ — 2.7% of the pool's τ before the trade.
Buy · 794.28 τ · 23,206 α · 2.7% of pool · 5GFAST…i1hN
On-chainChild keysBetween blocks 9,330,789 and 9,330,856· Oct 21, 2026, 09:11 UTC
Validator TAO.app (5CoZ…bifj) scheduled a child-key change on SN28
Validator hotkey 5CoZxgtfhcJKX2HmkwnsN18KbaT9aih9eF3b6qVPTgAUbifj announced new child keys on SN28, applying at block 9,338,007 (~24h). Stake delegated to it there routes through its children after that.
Parent TAO.app · SN28 (this subnet)
On-chainLarge tradeBlock 9,327,789· Oct 20, 2026, 22:41 UTC
SN28 large sell: 746.5 τ
coldkey 5GFA…i1hN sold 21,054.32 α for 746.46 τ — 2.5% of the pool's τ before the trade.
Sell · 746.46 τ · 21,054 α · 2.5% of pool · 5GFAST…i1hN
On-chainLarge tradeBlock 9,327,789· Oct 20, 2026, 22:41 UTC
SN28 large buy: 744.8 τ
coldkey 5GFA…i1hN bought 21,064.93 α for 744.76 τ — 2.5% of the pool's τ before the trade.
Buy · 744.76 τ · 21,065 α · 2.5% of pool · 5GFAST…i1hN
On-chainLarge tradeBlock 9,322,026· Oct 20, 2026, 03:28 UTC
SN28 large sell: 719.3 τ
coldkey 5GFA…i1hN sold 20,691.06 α for 719.27 τ — 2.4% of the pool's τ before the trade.
Sell · 719.27 τ · 20,691 α · 2.4% of pool · 5GFAST…i1hN
On-chainLarge tradeBlock 9,322,026· Oct 20, 2026, 03:28 UTC
SN28 large buy: 710.5 τ
coldkey 5GFA…i1hN bought 20,701.49 α for 710.51 τ — 2.4% of the pool's τ before the trade.
Buy · 710.51 τ · 20,701 α · 2.4% of pool · 5GFAST…i1hN
On-chainLarge tradeBlock 9,319,922· Oct 19, 2026, 20:28 UTC
SN28 large sell: 709.7 τ
coldkey 5GFA…i1hN sold 21,005.22 α for 709.74 τ — 2.4% of the pool's τ before the trade.
Sell · 709.74 τ · 21,005 α · 2.4% of pool · 5GFAST…i1hN
On-chainLarge tradeBlock 9,319,922· Oct 19, 2026, 20:28 UTC
SN28 large buy: 709.4 τ
coldkey 5GFA…i1hN bought 21,015.80 α for 709.35 τ — 2.5% of the pool's τ before the trade.
Buy · 709.35 τ · 21,016 α · 2.5% of pool · 5GFAST…i1hN
On-chainLarge tradeBlock 9,319,884· Oct 19, 2026, 20:20 UTC
SN28 large sell: 709.3 τ
coldkey 5GFA…i1hN sold 21,006.56 α for 709.34 τ — 2.4% of the pool's τ before the trade.
Sell · 709.34 τ · 21,007 α · 2.4% of pool · 5GFAST…i1hN
On-chainLarge tradeBlock 9,319,884· Oct 19, 2026, 20:20 UTC
SN28 large buy: 709.1 τ
coldkey 5GFA…i1hN bought 21,017.15 α for 709.10 τ — 2.5% of the pool's τ before the trade.
Buy · 709.10 τ · 21,017 α · 2.5% of pool · 5GFAST…i1hN
On-chainChild keysBetween blocks 9,286,744 and 9,286,859· Oct 15, 2026, 06:15 UTC
Validator TAO.app (5CoZ…bifj) scheduled a child-key change on SN28
Validator hotkey 5CoZxgtfhcJKX2HmkwnsN18KbaT9aih9eF3b6qVPTgAUbifj announced new child keys on SN28, applying at block 9,293,986 (~24h). Stake delegated to it there routes through its children after that.
Parent TAO.app · SN28 (this subnet)
On-chainChild keysBetween blocks 9,274,365 and 9,274,433· Oct 13, 2026, 12:50 UTC
Validator TAO.app (5CoZ…bifj) scheduled a child-key change on 125 subnets
Validator hotkey 5CoZxgtfhcJKX2HmkwnsN18KbaT9aih9eF3b6qVPTgAUbifj announced new child keys on SN1, SN2, SN3, SN4, SN5, SN6, SN7, SN8, SN9, SN10, SN11, SN12 and 113 more, applying at block 9,281,605 (~24h). Stake delegated to it there routes through its children after that.
Parent TAO.app · SN1, SN2, SN3, SN4, SN5, SN6, SN7, SN8, SN9, SN10, SN11, SN12, SN13, SN14, SN15, SN16, SN17, SN18, SN19, SN20, SN21, SN22, SN23, SN24, SN25, SN26, SN27, SN28 (this subnet), SN29, SN30, SN31, SN32, SN33, SN34, SN35, SN36, SN37, SN38, SN39, SN40, SN41, SN42, SN43, SN44, SN45, SN46, SN47, SN48, SN49, SN50, SN51, SN52, SN53, SN54, SN55, SN56, SN57, SN58, SN60, SN61, SN62, SN63, SN64, SN65, SN66, SN67, SN68, SN69, SN70, SN71, SN72, SN73, SN74, SN75, SN76, SN77, SN78, SN79, SN80, SN81, SN82, SN83, SN84, SN85, SN87, SN88, SN89, SN90, SN91, SN93, SN94, SN95, SN96, SN97, SN98, SN99, SN100, SN101, SN102, SN103, SN104, SN105, SN106, SN107, SN108, SN109, SN110, SN111, SN112, SN113, SN114, SN115, SN116, SN117, SN118, SN119, SN120, SN121, SN122, SN123, SN124, SN125, SN126, SN127, SN128
On-chainLarge tradeBlock 9,270,024· Oct 12, 2026, 22:08 UTC
SN28 large buy: 1,402.0 τ
coldkey 5EZU…VX2Y bought 51,032.66 α for 1,402.00 τ — 5.5% of the pool's τ before the trade.
Buy · 1,402 τ · 51,033 α · 5.5% of pool · 5EZU8T…VX2Y
On-chainChild keysBetween blocks 9,258,715 and 9,258,782· Oct 11, 2026, 08:39 UTC
Validator Tensorplex Labs (5E4z…ULde) re-scheduled a child-key change on 18 subnets
Validator hotkey 5E4z3h9yVhmQyCFWNbY9BPpwhx4xFiPwq3eeqmBgVF6KULde announced new child keys on SN1, SN2, SN3, SN6, SN7, SN8, SN9, SN11, SN12, SN13, SN14, SN17 and 6 more, applying at block 9,265,930 (~24h). Stake delegated to it there routes through its children after that. It replaces the changes that were pending on SN1 (block 9,265,620), SN2 (block 9,265,587), SN3 (block 9,265,590), SN6 (block 9,265,419), SN7 (block 9,265,422), SN8 (block 9,265,425) and 12 more, which will not apply then.
Parent Tensorplex Labs · SN1, SN2, SN3, SN6, SN7, SN8, SN9, SN11, SN12, SN13, SN14, SN17, SN20, SN22, SN23, SN26, SN27, SN28 (this subnet)
On-chainChild keysBetween blocks 9,258,244 and 9,258,311· Oct 11, 2026, 07:05 UTC
Validator Tensorplex Labs (5E4z…ULde) scheduled a child-key change on 22 subnets
Validator hotkey 5E4z3h9yVhmQyCFWNbY9BPpwhx4xFiPwq3eeqmBgVF6KULde announced new child keys on SN16, SN17, SN20, SN21, SN22, SN23, SN24, SN25, SN26, SN27, SN28, SN29 and 10 more, applying at block 9,265,446 (~24h). Stake delegated to it there routes through its children after that.
Parent Tensorplex Labs · SN16, SN17, SN20, SN21, SN22, SN23, SN24, SN25, SN26, SN27, SN28 (this subnet), SN29, SN30, SN31, SN32, SN33, SN37, SN39, SN40, SN41, SN42, SN43
On-chainChild keysBetween blocks 9,246,084 and 9,246,148· Oct 9, 2026, 14:33 UTC
Validator tao5 (5Csv…2zVp) scheduled a child-key change on SN28
Validator hotkey 5CsvRJXuR955WojnGMdok1hbhffZyB4N5ocrv82f3p5A2zVp announced new child keys on SN28, applying at block 9,253,323 (~24h). Stake delegated to it there routes through its children after that.
Parent tao5 · SN28 (this subnet)
On-chainChild keysBetween blocks 9,234,345 and 9,234,407· Oct 7, 2026, 23:24 UTC
Validator tao5 (5Csv…2zVp) scheduled a child-key change on SN28
Validator hotkey 5CsvRJXuR955WojnGMdok1hbhffZyB4N5ocrv82f3p5A2zVp announced new child keys on SN28, applying at block 9,241,579 (~24h). Stake delegated to it there routes through its children after that.
Parent tao5 · SN28 (this subnet)
On-chainMiner burnDetected 35d ago· Oct 5, 2026, 11:41 UTC
SN28 miner burn moved from 41% to 16%
Share of the subnet's miner emission routed to burn: 41% → 16%.
On-chainMiner burnDetected 35d ago· Oct 5, 2026, 10:35 UTC
SN28 miner burn moved from 13% to 41%
Share of the subnet's miner emission routed to burn: 13% → 41%.
On-chainChild keysBetween blocks 9,204,985 and 9,205,045· Oct 3, 2026, 21:31 UTC
Validator Firepool (5Deo…zD9Y) scheduled a child-key change on 67 subnets
Validator hotkey 5Deo9Q3SnZWNPSEPRTgapbyy6egKu2oaNSqD4RQHHJEuzD9Y announced new child keys on SN4, SN5, SN6, SN8, SN9, SN10, SN13, SN14, SN16, SN18, SN20, SN21 and 55 more, applying at block 9,212,198 (~24h). Stake delegated to it there routes through its children after that.
Parent Firepool · SN4, SN5, SN6, SN8, SN9, SN10, SN13, SN14, SN16, SN18, SN20, SN21, SN23, SN24, SN25, SN27, SN28 (this subnet), SN29, SN30, SN31, SN33, SN35, SN37, SN38, SN40, SN41, SN45, SN47, SN49, SN50, SN51, SN53, SN54, SN55, SN57, SN58, SN61, SN62, SN65, SN66, SN72, SN73, SN75, SN77, SN78, SN80, SN83, SN87, SN88, SN91, SN94, SN95, SN100, SN101, SN109, SN110, SN111, SN112, SN113, SN115, SN117, SN119, SN123, SN125, SN126, SN127, SN128
On-chainMiner burnDetected 40d ago· Sep 30, 2026, 14:10 UTC
SN28 miner burn moved from 38% to 13%
Share of the subnet's miner emission routed to burn: 38% → 13%.
On-chainMiner burnDetected 41d ago· Sep 29, 2026, 21:28 UTC
SN28 miner burn moved from 12% to 38%
Share of the subnet's miner emission routed to burn: 12% → 38%.
On-chainChild keysBetween blocks 9,174,477 and 9,174,540· Sep 29, 2026, 15:50 UTC
Validator Datura (5GP7…VCMi) scheduled a child-key change on 2 subnets
Validator hotkey 5GP7c3fFazW9GXK8Up3qgu2DJBk8inu4aK9TZy3RuoSWVCMi announced new child keys on SN4, SN28, applying at block 9,181,690 (~24h). Stake delegated to it there routes through its children after that.
Parent Datura · SN4, SN28 (this subnet)
On-chainMiner burnDetected 42d ago· Sep 28, 2026, 08:18 UTC
SN28 miner burn moved from 51% to 12%
Share of the subnet's miner emission routed to burn: 51% → 12%.
On-chainMiner burnDetected 43d ago· Sep 28, 2026, 03:53 UTC
SN28 miner burn moved from 4% to 51%
Share of the subnet's miner emission routed to burn: 4% → 51%.
On-chainMiner burnDetected 43d ago· Sep 28, 2026, 00:05 UTC
SN28 miner burn moved from 36% to 4%
Share of the subnet's miner emission routed to burn: 36% → 4%.
On-chainMiner burnDetected 44d ago· Sep 26, 2026, 19:17 UTC
SN28 miner burn moved from 0% to 36%
Share of the subnet's miner emission routed to burn: 0% → 36%.
On-chainMiner burnDetected 45d ago· Sep 26, 2026, 00:46 UTC
SN28 miner burn moved from 32% to 0%
Share of the subnet's miner emission routed to burn: 32% → 0%.
On-chainMiner burnDetected 45d ago· Sep 25, 2026, 23:39 UTC
SN28 miner burn moved from 0% to 32%
Share of the subnet's miner emission routed to burn: 0% → 32%.
On-chainMiner burnDetected 45d ago· Sep 25, 2026, 20:18 UTC
SN28 miner burn moved from 67% to 0%
Share of the subnet's miner emission routed to burn: 67% → 0%.
On-chainMiner burnDetected 45d ago· Sep 25, 2026, 19:10 UTC
SN28 miner burn moved from 24% to 67%
Share of the subnet's miner emission routed to burn: 24% → 67%.

Newest first, the 47 most recent. Every event is read directly from the Bittensor chain by Taosis — no third-party data. Recorded continuously since block 9,145,148 (25 Sep 2026, 13:52 UTC). Earlier history is partial: runtime upgrades and the registrations of the subnets live then go back to block 8,929,148 (26 Aug 2026), large trades to block 9,094,749 (18 Sep 2026); other earlier changes are not listed. Events of a dissolved subnet that held this netuid before are not listed.

Owner lock

278,134 α

≈ 7,227 τ · $1.6M

Owner conviction

278,134 α

≈ 7,227 τ · $1.6M

Hotkey locks Σ

4 α

≈ 0.10 τ · $21.32

Registration lock

—

Deregistration standing

Rank #106 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 another coldkey than the owner's owns can claim the subnet once it is a year old, if its matured conviction exceeds 18% of eligible α (α staked out, minus protocol-owned and burned α — the threshold in the chain's own code) and no hotkey scores higher, the owner's own included.

Every lock on this tab is rolled forward to block 9,474,253 with the chain's own maturity maths — what the chain itself counts at that block, not the value stored at each lock's last write.

Largest challenger lock: 5E2LP6En…eZ5u · 5 α conviction of 663,164 α needed

<0.001% of the takeover threshold

Owner's side: 5Evgh9QT…co3P · 278,134 α conviction

Account	Kind	Locked α	Value	Conviction α	Matured
5CA6rwAy…xm45	owner · perpetual + 262,941.01 α decaying	278,133.82 α	7,227 τ · $1.6M	278,133.82 α	100%
5FqACMtc…sThe	coldkey · decaying	262,941.01 α	6,832 τ · $1.5M	262,941.01 α	100%
5HMtFEQ9…8CCx	coldkey	5,192.81 α	134.93 τ · $30.0K	5,192.81 α	100%
5CA6rwAy…xm45	coldkey	5,000 α	129.92 τ · $28.9K	5,000 α	100%
5FWUjNnM…1Cbs	coldkey · decaying	3.69 α	0.10 τ · $21.32	4.79 α	130%
5E2LP6En…eZ5u	hotkey · decaying	3.69 α	0.10 τ · $21.32	4.79 α	130%

Why the price moved · last 24h

0.027126 τ → 0.025986 τ (-4.200%)

Trading-683.077 τ and +25,838.437 α through the pool from indexed fills-5.06%
Emission+25.7242 τ injected, +948.3412 α minted into the pool−<0.01%
Chain buys & basket+115.145 τ and -3,964.111 α through the pool by the protocol's own trades (chain counters SubnetProtocolFlow, net of the injection, and SubnetProtocolAlpha)+0.84%
Not attributedwhat the named causes do not account for+0.06%

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 #106 in the queue. The network is at capacity (128), so each new subnet registration dissolves rank 1 — 106 registrations would reach this one.

Cost to kill rank 1

153 τ

In 1 day (7,200 blocks)

110 τ

P(dereg) 30d

0.0%

P(dereg) 90d

0.0%

From 0.18 registrations/day observed over 74.0 days of indexed blocks, as a Poisson arrival process against this subnet's queue position. The price to register a subnet falls in a straight line, about 43.0 τ every 7,200 blocks (about a day), until it reaches its 1 τ floor at block 9,499,731. Each registration resets it to twice what that registration paid.

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%	0.00%
7 d	149.3 α	14.9%	0.023%
30 d	500.0 α	50.0%	0.075%
90 d	875.0 α	87.5%	0.132%
180 d	984.4 α	98.4%	0.148%
365 d	999.8 α	100.0%	0.151%

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

☆SayGMSN28 · Bittensor subnet

SayGMSN28 · Bittensor subnet