TargonSN4 · Bittensor subnet

0.060078 τ$13.38

24H +1.53%7D +2.76%APR (simple) 30.99% · APY (compounded) 36.33%

Loading candles…

Incentivized Compute Marketplace powered by the Targon Virtual Machine (TVM).

SN4, Targon (α token δ), 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 0.060078 τ (≈ $13.38), against 145,774 τ of pool liquidity. On-chain, the best-delegated validator on it yields about 30.99% APR (simple) and 36.33% APY (compounded), emissions add 0.007751 τ to the pool each block, epochs run every 360 blocks. It was registered at block #1,411,451.

The complete guide to SN4 Targon — every figure explained →

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

Website ↗GitHub ↗

Price

0.060078 τ

$13.38

APR (simple)

30.99%

APY (compounded)

36.33%

EMA price

0.059849 τ

TAO in pool

145,774 τ

α in pool

2,426,411 α

α staked out

4,243,597 α

Vol 24h (indexed)

9,658 τ

$2.2M

Market cap

356,463 τ

$79.4M

FDV

1,256,822 τ

$279.9M

Holders

6,822

Miners

Market activity · last 24 h

τ in 24h

5,245 τ

$1.2M

τ out 24h

4,413 τ

$982.8K

Volume vs prior 24h

+200.16%

prior 24h: 3,218 τ

Turnover 24h

2.71%

Trading 24h

Buys: 294
Sells: 280
Buyers: 177
Sellers: 160

Sell-off price

0.026702 τ

−55.55% vs spot

Sell-off value

80,951 τ

$18.0M

τ flows through the pool

TAO flow 24h (net staking)

+828.12 τ

over 7,190 blocks · +$184.4K

TAO flow 7d (net staking)

—

Net protocol flow 24h

+328.53 τ

+$73.2K

Emission captured 24h (measured)

293.32 τ

$65.3K

Net basket flow 24h

+35.21 τ

+$7.8K

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

τ emission captured by this subnet · block 9,474,325

Injected into the pool

0.007751 τ

≈ 55.81 τ / day at current rate · $12.4K

Chain buys of α

0.033337 τ

≈ 240.03 τ / day at current rate · $53.5K

Total τ captured

0.041088 τ

≈ 295.83 τ / day at current rate · $65.9K

measured last 24h: 293.32 τ

Share of τ emission

8.22%

Emission per day (current rate)

1.000000 α / block × 7,200

Leg	α / day	τ value / day	USD
Owner	1,296 α	77.86 τ	$17.3K
Miners	2,952 α	177.34 τ	$39.5K
Withheld from miners (owner's miner slots)	0.14 α	0.01 τ	$1.81
Validators	2,952 α	177.35 τ	$39.5K
of which root stakers	380.86 α	22.88 τ	$5.1K
of which α stakers (nominators)	2,571 α	154.47 τ	$34.4K
Total	7,200 α	432.56 τ	$96.3K

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 0.060078 τ. A rate restated per day, not a measured day.

Owner: 5CXGPMnq9RCCLUEvp9G2iUuabw69TSFM155UVS1S4Zmusaxv
Tempo: 360 blocks / epoch
Swap fee: 0.050% (chain AMM)

Owner selling

No owner sales · 7d

Net sold 7d

0.00 α

share of holdings: 0.0%

Net sold 30d

—

share of holdings: —

Transferred out 7d / 30d

0.00 α / —

Held

947,933 α

chain read at block 9,473,988, 10 Nov 2026 06:20 UTC

Registration

Registered: block 1,411,451
Registration lock: —
Age: 8,062,849 blocks (≈ 1,119 days)
Immunity: ended at block 1,843,451

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

Development (GitHub) · manifold-inc/targon @ main

View on GitHub ↗

Commits · 7 d: 1
Commits · 30 d: 2
Last commit: 1d 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 04:59 UTC

Data freshness

Pool flows & emission: block 9,474,325 · 10 Nov 2026 07:27 UTC (4m ago)
Holders: 10 Nov 2026 07:19 UTC (12m ago)
Holder P&L: block 9,474,127 · 10 Nov 2026 06:48 UTC (43m ago)
Owner holding: block 9,473,988 · 10 Nov 2026 06:20 UTC (1h ago)
Metagraph: 10 Nov 2026 06:57 UTC (34m ago)
Conviction: 10 Nov 2026 07:26 UTC (5m ago)
GitHub: 10 Nov 2026 04:59 UTC (2h ago)
Newest on-chain event: block 9,428,482 · 3 Nov 2026 22:37 UTC (6d ago)
TAO/USD (CoinGecko): 10 Nov 2026 07:27 UTC (4m ago)

#	Validator	Stake (α)	APR (simple)	APY (compounded)
1★	tao.bot	309,435 α	31.00%	36.34%
2	Tensorplex Labs	47,003 α	33.18%	39.35%
3	Arbos	242,452 α	31.31%	36.77%
4	5CdBXr…rgta	193 α	31.31%	36.77%
5	1T1B.AI	83,733 α	31.00%	36.34%
6	xTAO	460 α	31.00%	36.34%
7	88 Root	200 α	31.00%	36.34%
8	Astrid	23 α	31.00%	36.34%
9	Ventura Labs	38 α	31.00%	36.34%
10	Datura	18,049 α	30.97%	36.30%
11	WinnerTAO	0 α	30.96%	36.29%
12	5Dd8ga…GrWv	85,145 α	30.69%	35.91%
13	Tatsu	3,331 α	30.69%	35.91%
14	Ary van der Touw	675 α	30.69%	35.91%
15	5CDCHJ…iJ52	0 α	30.50%	35.67%
16	Kooltek68	1,109 α	30.27%	35.35%
17	TAO.app	3,901 α	29.45%	34.24%
18	Kusanagi	808 α	29.43%	34.22%
19	NorthTensor	1,098 α	28.71%	33.26%
20	Cortex Foundαtion	9,122 α	28.55%	33.04%
21	Yuma, a DCG Company	254,793 α	28.49%	32.97%
22	Crucible Labs	63,801 α	28.49%	32.97%
23	5HK1Ub…RJAK	57,195 α	28.49%	32.97%
24	5HK2LZ…YYXr	15,346 α	28.49%	32.97%
25	WildSage Labs (RT21)	110 α	28.49%	32.97%
26	Subnet Summer	81 α	28.49%	32.97%
27	Orion	37 α	28.49%	32.97%
28	TAO.com	210,547 α	28.21%	32.59%
29	tao5	5,319 α	28.21%	32.59%
30	01Lamida, Inc.	86 α	28.21%	32.59%
31	Kiln	7 α	28.18%	32.55%
32	Bitstarter.ai	61 α	28.08%	32.41%
33	Taostats	237,750 α	27.92%	32.21%
34	TrustedStake	6,382 α	27.92%	32.21%
35	Rizzo (Insured)	7,113 α	27.92%	32.21%
36	5HbScN…FZdT	1,408 α	27.92%	32.21%
37	FirstTensor.com	504 α	27.92%	32.21%
38	K8STAKE.AI	202 α	27.62%	31.81%
39	Unknown	2 α	27.61%	31.79%
40	5Hp18g…R8FM	1,180,534 α	25.95%	29.63%
41	General Tensor	28,076 α	25.68%	29.27%
42	Kraken	26,882 α	25.68%	29.27%
43	Yuma, a DCG Company	4,070 α	25.68%	29.27%
44	Firepool	102 α	25.68%	29.27%
45	Kraken	37 α	25.68%	29.27%
46	5EqYds…oaUf	11 α	25.67%	29.27%
47	Kusanagi	0 α	25.58%	29.15%
48	General Tensor	11,456 α	25.42%	28.94%
49	5EByfp…JWs4	8 α	25.42%	28.94%
50	Openτensor Foundaτion	43,970 α	25.16%	28.61%
51	Rizzo (Insured)	21,021 α	25.16%	28.61%
52	5G1NjW…nChe	6,998 α	25.16%	28.61%
53	Subnet.ai	244 α	25.16%	28.61%
54	5DLQGc…RZJV	12 α	25.16%	28.61%
55	5G9mJM…423v	20 α	25.16%	28.61%
56	5H6yVW…nK62	10 α	25.16%	28.61%
57	5D5ZYp…SipQ	16,024 α	—	—
58	5CBBao…9YA6	7,403 α	—	—
59	5Dz7Nw…5ffq	6,413 α	—	—
60	5HEj6C…yEqf	2,724 α	—	—

Showing 16 of 60.

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: 7,520 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
156	5EHUKpUR…3BbGinactive	5HdqTo…HVxw	miner	0	61.3%	61.3%	0.0%	90.465 α	45.33.23.45:7777	#8,694,315
28	5Hp18g9P…R8FM	5Fsaw8…XFRT	validator	1,596,500	0.0%	0.0%	46.0%	67.888 α	160.202.128.253:80	#5,285,730
7	5Gsb9NkD…66Uginactive	5G6VBR…7KEh	miner	45	30.5%	30.5%	0.0%	44.952 α	69.164.205.158:7777	#6,422,386
31	5E4z3h9y…ULde	5FLjGr…6pmH	validator	616,007	0.0%	0.0%	23.1%	34.064 α	—	#8,524,844
247	5Ggasr6f…xGTV	5Dywxd…PaSD	validator	343,306	0.0%	0.0%	10.4%	15.353 α	—	#8,873,147
93	5GBtaWTg…qVHr	5E9fVY…Yc5p	validator	258,863	0.0%	0.0%	10.1%	14.974 α	45.250.254.177:80	#8,872,135
32	5HEj6CFU…yEqfinactive	5GgR6b…xFHB	validator	2,724	7.1%	7.1%	0.0%	10.437 α	35.222.233.203:7777	#6,938,260
50	5E7vw1mZ…eYpb	5FHxxe…GpSs	validator	26,919	0.0%	0.0%	4.8%	7.040 α	—	#9,074,703
6	5CAQAgXx…7FmJ	5Ddeh9…ZAid	validator	63,911	0.0%	0.0%	3.0%	4.491 α	69.67.150.153:80	#9,082,118
238	5CdBXrFk…rgta	5HifQN…4Y3Z	validator	75,918	0.0%	0.0%	2.2%	3.229 α	—	#8,770,339
162	5Fn1CQV5…fyGWinactive	5HmpBF…BpAc	miner	2	1.2%	1.2%	0.0%	1.739 α	94.72.123.91:7777	#8,819,837
109	5G9hfkx9…wrc5	5Ek8i6…t33f	validator	8,373	0.0%	0.0%	0.2%	0.349 α	—	#8,927,776
57	5Dhpus39…aKo4	5CqsgE…XMUV	validator	808	0.0%	0.0%	0.1%	0.141 α	—	#9,335,514
146	5E2LP6En…eZ5u	5GsbTg…pZX9	validator	366	0.0%	0.0%	0.1%	0.077 α	—	#8,437,313
15	5FxEMn4H…NNwginactive	5FxHUG…XN4P	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,598,023
16	5HK5tp6t…EpeNinactive	5Ft267…h9f4	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,716,117
17	5FjFfzRn…9TV4inactive	5GP3u9…34HE	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,601,769
18	5D2Zw8Hy…SFgRinactive	5GuWYB…1LLc	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,430,438
19	5H1erWeS…Q6Dainactive	5GuWYB…1LLc	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,429,548
20	5DntM44u…fmBYinactive	5DRZ4n…G1tp	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,871,958
21	5ES6nG6e…RUk7inactive	5CtCz4…gVZz	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,598,021
22	5HgKicRi…y5xxinactive	5CtCz4…gVZz	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,598,023
23	5CamCTDn…Hcdeinactive	5ExxBd…vo1n	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,584,812
24	5FLQENmW…UCnHinactive	5HKWqe…CoN3	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,388,643
25	5H6aKLua…6UTbinactive	5HmpBF…BpAc	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,787,267
26	5HYRRHZD…fVD3inactive	5CtCz4…gVZz	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,598,021
27	5FYnT3eM…NiBYinactive	5HGpya…2MJL	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,578,761
29	5GegqrjE…eF1Vinactive	5DSauW…tmEo	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,388,643
30	5He1RnjX…fzwQinactive	5Fuhhz…E8oZ	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,388,643
33	5C5eyebi…sjaZinactive	5GEnYm…3Daw	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,596,331
34	5G4XyWZK…q1ajinactive	5CtCz4…gVZz	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,598,021
35	5DkUuMuJ…PRZ1inactive	5CaH7Y…xcMu	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,388,643
36	5D2PM62o…DDSainactive	5EXayZ…P4gK	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,786,105
37	5H6kZhR6…FM1Binactive	5DfB4B…efWf	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,581,542
38	5DXDQtmh…WUuHinactive	5DP2Xk…rZqW	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,578,106
39	5CWzTdoD…N84Zinactive	5CsyMS…oRZn	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,590,878
40	5CZu5PrT…kpeHinactive	5GxXWb…BfAV	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,388,644
41	5D2LhEEX…Hzvyinactive	5DfB4B…efWf	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,581,784
42	5DhkBs7Q…TTBxinactive	5EvcyA…NxS5	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,388,644
43	5HgAsFAK…NbAjinactive	5DRZ4n…G1tp	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,844,168
44	5DALu3Db…WQmPinactive	5F1HV1…qUmQ	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,581,374
45	5EHFtcVi…yWQUinactive	5Eqxiw…duBE	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,592,570
46	5FhLFuwL…aTyqinactive	5GBt8H…z5Uj	miner	74	0.0%	0.0%	0.0%	0.000 α	—	#8,888,015
47	5EtbeogG…XVDMinactive	5DUWDM…9pZk	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,388,644
48	5D1zcb2j…AHnyinactive	5ExxBd…vo1n	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,586,502
49	5Gs4HW9h…Wyuninactive	5DRZ4n…G1tp	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,844,043
51	5Eo6D1Qo…GGu6inactive	5DnfC9…GckE	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,388,643
52	5Fo3h1gk…X1Ztinactive	5CMMdu…GXVf	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,589,386
53	5E5MHS2M…7KiPinactive	5Do8UE…uK9C	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,890,536
54	5HKNM9bc…XQiQinactive	5CtCz4…gVZz	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,598,022
55	5Fvj9dPo…kH61inactive	5ExxBd…vo1n	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,585,054
0	5GKhABA9…5KJWinactive	5FxHUG…XN4P	miner	4	0.0%	0.0%	0.0%	0.000 α	—	#8,598,023
1	5DMRJerw…7SrTinactive	5Ev6iB…LzFF	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,388,643
2	5Eq3u4UU…jzGZinactive	5CqKK7…azrQ	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,766,175
3	5FPPBhTm…J11xinactive	5FP57f…QqHb	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,589,535
4	5GrtVF2h…p8LRinactive	5CtCz4…gVZz	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,598,021
5	5EqRAFDM…xwQminactive	5GGpND…1Z6A	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,594,760
8	5DaMqGsE…UfBBinactive	5DP2Xk…rZqW	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,577,985
9	5GYcgXBL…JdNoinactive	5ExxBd…vo1n	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,586,381
10	5CwjLK3W…Smbiinactive	5D75n4…1kWP	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,736,555
11	5F9rUm3h…uNV2inactive	5HmBs2…1gUc	miner	0	0.0%	0.0%	0.0%	0.000 α	185.191.116.229:7777	#8,580,378
12	5CB3oaCR…Vx85inactive	5DP2Xk…rZqW	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,578,590
13	5EUSQpLE…h6Fginactive	5FxHUG…XN4P	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,589,987
14	5CahWmFU…oN4Kinactive	5DP2Xk…rZqW	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,577,864

Child keys (74)

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→5Hp18g9P…R8FM100.0%

5CBDhkBx…8S3A→5Hp18g9P…R8FM100.0%

5CDCHJFp…iJ52→5Hp18g9P…R8FM100.0%

5CSAGuiJ…a4t1→5CsvRJXu…2zVp100.0%

5CUysqNg…ws6B→5Hp18g9P…R8FM100.0%

5CV93B17…fQF2→5Hp18g9P…R8FM100.0%

5CcD4RLF…Dcdb→5Hp18g9P…R8FM100.0%

5Ckaoft1…uUes→5E7vw1mZ…eYpb100.0%

5CoZxgtf…bifj→5E4z3h9y…ULde100.0%

5CqRMuYS…b9Ed→5E4z3h9y…ULde100.0%

5CsvRJXu…2zVp→5E4z3h9y…ULde100.0%

5CszMVts…gMUV→5Dhpus39…aKo4100.0%

5CzFiYvB…gZ3J→5Hp18g9P…R8FM100.0%

5D4gEn5S…kZ4f→5Hp18g9P…R8FM100.0%

5D4oo3Z5…rWSj→5EC5hXRC…4bT8100.0%

5DD6hMnC…P3KL→5CsvRJXu…2zVp100.0%

5DLQGc9D…RZJV→5Hp18g9P…R8FM100.0%

5DM7CPqP…xmtX→5E4z3h9y…ULde100.0%

5DUuFhF4…k2GU→5E4z3h9y…ULde100.0%

5DXdHixx…L1S1→5GBtaWTg…qVHr100.0%

5Dd8gaRN…GrWv→5Hp18g9P…R8FM100.0%

5Deo9Q3S…zD9Y→5Ggasr6f…xGTV100.0%

5DjtmV76…T4Kd→5E4z3h9y…ULde100.0%

5DkFEQdE…M7Fn→5Hp18g9P…R8FM100.0%

5DvDypN8…diFp→5E4z3h9y…ULde100.0%

5DvTpini…N2ed→5Hp18g9P…R8FM100.0%

5E2LP6En…eZ5u→5E4z3h9y…ULde100.0%

5EAdPk76…pYDc→5Ggasr6f…xGTV100.0%

5EByfpgR…JWs4→5E4z3h9y…ULde100.0%

5ELREhAp…qwVh→5E4z3h9y…ULde100.0%

5EWLgJHB…aVrk→5G1NjW9Y…nChe100.0%

5EqYdsxW…oaUf→5Ggasr6f…xGTV100.0%

5EtUYRu7…tvzs→5Hp18g9P…R8FM100.0%

5F4pBNBg…6us4→5Hp18g9P…R8FM100.0%

5F7dvCS7…r6LW→5Ggasr6f…xGTV100.0%

5FBqnTwn…4WUw→5Hp18g9P…R8FM100.0%

5FFM6Nvv…UWgt→5Hp18g9P…R8FM100.0%

5FFSBkNi…VR86→5Hp18g9P…R8FM100.0%

5FWB5CFZ…jkg5→5Ggasr6f…xGTV100.0%

5FeKsRjZ…9DGg→5Hp18g9P…R8FM100.0%

…and 34 more

Verified

Balances as of 10 Nov 2026 07:19 UTC. Checked against the chain 10 Nov 2026 07:29 UTC. Last exact chain read: holder refresh at block 9,458,487 (8 Nov 2026 03:30 UTC).

Holders

6,822

Top holder

10.4%

owner & escrow excluded

Top 10

34.6%

Nakamoto

Nakamoto 27 = the fewest coldkeys that together hold a majority. HHI 0.021 (0 = evenly spread, 1 = one holder, min-normalised so it is not comparable to the raw HHI most explorers publish), Gini 0.940.

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 9,474,127. 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	5CXGPMnq…saxvOwner	947,933 α	56,945 τ · $12.7M	+3,060 τ · +$354.7K	+136,125 α+8,177 τ · +$1.8M	+11,237 τ · +$2.2M	Since 1 Sep	31.27%
2	5HMtFEQ9…8CCx	212,666 α	12,776 τ · $2.8M	+754.78 τ · +$87.6K	+12,617 α+758.00 τ · +$168.6K	+1,513 τ · +$256.2K	Since 1 Sep	7.03%
3	5Fsaw8RJ…XFRTValidator	111,301 α	6,687 τ · $1.5M	+348.63 τ · +$40.4K	+18,883 α+1,134 τ · +$252.3K	+1,483 τ · +$292.8K	Since 1 Sep	3.67%
4	5GBYUuPv…EbXd	80,385 α	4,829 τ · $1.1M	+285.34 τ · +$33.1K	+4,745 α+285.05 τ · +$63.4K	+570.39 τ · +$96.5K	Since 1 Sep	2.66%
5	5FvcSVEB…ZWkM	59,904 α	3,599 τ · $800.5K	+213.59 τ · +$24.8K	+3,284 α+197.29 τ · +$43.9K	+410.88 τ · +$68.7K	Since 1 Sep	1.98%
6	5DzPGuqj…Shz6	58,353 α	3,506 τ · $779.8K	+209.43 τ · +$24.3K	+2,933 α+176.25 τ · +$39.2K	+385.69 τ · +$63.5K	Since 1 Sep	1.93%
7	5EJ92LMC…gpJy	44,806 α	2,692 τ · $598.8K	+159.23 τ · +$18.5K	+2,671 α+160.47 τ · +$35.7K	+319.71 τ · +$54.2K	Since 1 Sep	1.48%
8	5Ep29BLN…r2p8	40,692 α	2,445 τ · $543.8K	+154.10 τ · +$30.7K	+1,982 α+119.06 τ · +$26.5K	+273.16 τ · +$57.2K	Since 1 Sep	1.35%
9	5FQEpgv7…8cVA	40,065 α	2,407 τ · $535.5K	+138.56 τ · +$20.2K	+2,462 α+147.90 τ · +$32.9K	+286.46 τ · +$53.1K	Since 1 Sep	1.32%
10	5EBuUXD6…Z8Ff	31,942 α	1,919 τ · $426.9K	+112.41 τ · +$13.1K	+2,197 α+132.00 τ · +$29.4K	+244.41 τ · +$42.4K	Since 1 Sep	1.06%
11	5ELhAB4c…uuwgValidator	29,840 α	1,793 τ · $398.8K	+112.77 τ · +$13.1K	0.00 α0.00 τ · $0.00	+112.77 τ · +$13.1K	Since 1 Sep	0.99%
12	5Erwb3NK…tSL9	28,497 α	1,712 τ · $380.8K	+101.27 τ · +$11.8K	+1,699 α+102.06 τ · +$22.7K	+203.33 τ · +$34.5K	Since 1 Sep	0.94%
13	5D74m8fF…cyAd	27,368 α	1,644 τ · $365.7K	+97.21 τ · +$11.3K	+1,631 α+98.01 τ · +$21.8K	+195.22 τ · +$33.1K	Since 1 Sep	0.91%
14	5EYCAe5j…tp7sBasket escrow	≈27,218 α	1,635 τ · $364.2K	—	—	—	—	0.90%
15	5H8n3B5d…3Dc4	26,086 α	1,567 τ · $348.6K	+52.97 τ · −$7.9K	+199.23 α+11.97 τ · +$2.7K	+64.94 τ · −$5.3K	Full history	0.86%
16	5FyGT3Pe…9rfb	25,560 α	1,536 τ · $341.6K	+91.54 τ · +$10.6K	+1,294 α+77.74 τ · +$17.3K	+169.28 τ · +$27.9K	Since 1 Sep	0.85%
17	5EFZf5pn…ons6	25,440 α	1,528 τ · $340.0K	+90.83 τ · +$10.5K	+1,380 α+82.92 τ · +$18.4K	+173.75 τ · +$28.9K	Since 1 Sep	0.84%
18	5HKtSE8J…pskN	20,808 α	1,250 τ · $278.0K	+68.61 τ	+1,248 α+74.99 τ	+143.60 τ	Since 1 Sepⓘ	0.69%
19	5GzuSUhq…Jrp9	20,626 α	1,239 τ · $275.6K	—	—	—	Unverified	0.68%
20	5EAdYiz1…WpeG	19,398 α	1,165 τ · $259.2K	+69.36 τ · +$8.1K	+1,045 α+62.77 τ · +$14.0K	+132.13 τ · +$22.0K	Since 1 Sep	0.64%
21	5Eiiv3qk…ugsf	19,141 α	1,150 τ · $255.8K	+68.38 τ · +$7.9K	+1,046 α+62.86 τ · +$14.0K	+131.25 τ · +$21.9K	Since 1 Sep	0.63%
22	5GaUQoQd…XavL	15,834 α	951.23 τ · $211.6K	+56.73 τ · +$6.6K	+795.99 α+47.82 τ · +$10.6K	+104.55 τ · +$17.2K	Since 1 Sep	0.52%
23	5GZ5gN2i…z6Sa	15,281 α	918.00 τ · $204.2K	+49.70 τ · +$388.48	+140.40 α+8.43 τ · +$1.9K	+58.13 τ · +$2.3K	Full historyⓘ	0.51%
24	5DPmmjnf…FqvT	13,929 α	836.89 τ · $186.1K	+49.48 τ · +$5.7K	+830.31 α+49.89 τ · +$11.1K	+99.36 τ · +$16.8K	Since 1 Sep	0.46%
25	5Gj5coRF…oH4B	13,708 α	823.55 τ · $183.2K	+50.14 τ · +$9.2K	+840.94 α+50.52 τ · +$11.2K	+100.66 τ · +$20.5K	Since 1 Sep	0.45%
26	5CiajwjP…q9DD	13,655 α	820.30 τ · $182.5K	+48.69 τ · +$5.6K	+735.45 α+44.18 τ · +$9.8K	+92.87 τ · +$15.5K	Since 1 Sep	0.45%
27	5DJonsXf…C21G	11,567 α	694.95 τ · $154.6K	+41.31 τ · +$4.8K	+629.15 α+37.80 τ · +$8.4K	+79.11 τ · +$13.2K	Since 1 Sep	0.38%
28	5HKQGoD7…kvSG	11,120 α	668.05 τ · $148.6K	+44.96 τ · +$2.4K	+642.77 α+38.62 τ · +$8.6K	+83.58 τ · +$10.9K	Since 1 Sep	0.37%
29	5FeqQ5L1…DTL8	11,011 α	661.57 τ · $147.2K	+43.20 τ · +$3.6K	+644.42 α+38.72 τ · +$8.6K	+81.92 τ · +$12.2K	Since 1 Sep	0.36%
30	5GCPQtG8…dPU5	10,999 α	660.79 τ · $147.0K	+39.02 τ · +$4.5K	+655.65 α+39.39 τ · +$8.8K	+78.41 τ · +$13.3K	Since 1 Sep	0.36%
31	5DD1kEwY…p3Cv	10,948 α	657.78 τ · $146.3K	+44.10 τ · +$3.4K	+649.49 α+39.02 τ · +$8.7K	+83.12 τ · +$12.1K	Since 1 Sep	0.36%
32	5Cu34CB1…W48a	10,814 α	649.63 τ · $144.5K	+43.33 τ · +$3.4K	+637.78 α+38.31 τ · +$8.5K	+81.64 τ · +$11.9K	Since 1 Sep	0.36%
33	5GQrqs5y…1jzH	10,728 α	644.51 τ · $143.4K	+38.08 τ · +$4.4K	+634.45 α+38.12 τ · +$8.5K	+76.19 τ · +$12.9K	Since 1 Sep	0.35%
34	5H3mGFUF…hCwz	10,708 α	643.28 τ · $143.1K	+42.85 τ · +$3.5K	+634.64 α+38.13 τ · +$8.5K	+80.97 τ · +$12.0K	Since 1 Sep	0.35%
35	5EWRknXs…qsZp	10,672 α	641.19 τ · $142.6K	+41.95 τ · +$3.2K	+623.52 α+37.46 τ · +$8.3K	+79.41 τ · +$11.6K	Since 1 Sep	0.35%
36	5ESTWEms…Bzuo	10,671 α	641.14 τ · $142.6K	+48.47 τ · −$3.1K	+378.04 α+22.71 τ · +$5.1K	+71.18 τ · +$1.9K	Since 1 Sep	0.35%
37	5FWBn1Zn…Xtho	10,207 α	613.30 τ · $136.4K	+15.74 τ · +$214.95	+29.90 α+1.80 τ · +$399.54	+17.53 τ · +$614.50	Full historyⓘ	0.34%
38	5F9uVkvD…rWjx	9,654 α	580.06 τ · $129.0K	+38.92 τ · +$3.0K	+571.10 α+34.31 τ · +$7.6K	+73.23 τ · +$10.7K	Since 1 Sep	0.32%
39	5HgpqVBr…Auh5	9,612 α	577.47 τ · $128.4K	+37.77 τ · +$3.2K	+563.57 α+33.86 τ · +$7.5K	+71.63 τ · +$10.7K	Since 1 Sep	0.32%
40	5FUKoKk7…kPLB	8,748 α	525.59 τ · $116.9K	+23.31 τ · −$4.2K	+179.95 α+10.81 τ · +$2.4K	+34.12 τ · −$1.8K	Since 1 Sep	0.29%
41	5GqH8zCN…v1YM	8,737 α	524.87 τ · $116.7K	+31.00 τ · +$3.6K	+520.78 α+31.29 τ · +$7.0K	+62.28 τ · +$10.6K	Since 1 Sep	0.29%
42	5CGUnQsf…cUXo	8,522 α	511.96 τ · $113.9K	+27.70 τ · +$7.7K	+497.49 α+29.89 τ · +$6.6K	+57.59 τ · +$14.3K	Since 1 Sep	0.28%
43	5GF87Rts…pY1i	8,471 α	508.88 τ · $113.2K	+30.05 τ · +$3.5K	+504.92 α+30.33 τ · +$6.7K	+60.38 τ · +$10.2K	Since 1 Sep	0.28%
44	5EShBpcB…zUEr	7,808 α	469.13 τ · $104.3K	+27.44 τ · +$3.6K	+475.10 α+28.55 τ · +$6.3K	+55.98 τ · +$9.9K	Since 1 Sep	0.26%
45	5CyGSPZN…5SHd	7,518 α	451.66 τ · $100.5K	+32.88 τ · +$650.65	+332.52 α+19.98 τ · +$4.4K	+52.85 τ · +$5.1K	Since 1 Sep	0.25%
46	5DD1Vu2K…zpid	7,149 α	429.53 τ · $95.5K	+25.39 τ · +$2.9K	+426.15 α+25.60 τ · +$5.7K	+51.00 τ · +$8.6K	Since 1 Sep	0.24%
47	5GBb1YTH…9GVm	7,087 α	425.78 τ · $94.7K	+19.48 τ · −$6.4K	+77.69 α+4.67 τ · +$1.0K	+24.14 τ · −$5.4K	Full historyⓘ	0.23%
48	5Ek6LkMp…6w5q	6,787 α	407.77 τ · $90.7K	+24.36 τ · +$2.8K	+340.31 α+20.45 τ · +$4.5K	+44.81 τ · +$7.4K	Since 1 Sep	0.22%
49	5EtUnxWj…u65i	6,430 α	386.33 τ · $85.9K	+22.99 τ · +$2.7K	+346.31 α+20.81 τ · +$4.6K	+43.80 τ · +$7.3K	Since 1 Sep	0.21%
50	5GKWxc3a…RFVX	6,281 α	377.33 τ · $83.9K	+21.02 τ · +$2.7K	+340.71 α+20.47 τ · +$4.6K	+41.49 τ · +$7.2K	Since 1 Sep	0.21%

Concentration history

Holders6,822

2026-09-256,604 – 6,8962026-11-10

Nakamoto27

2026-09-2519 – 282026-11-10

Top 10 share34.6%

2026-09-2534.6% – 39.4%2026-11-10

HHI0.021

2026-09-250.021 – 0.0252026-11-10

Total α3,018,280 α

2026-09-252,849,142 α – 3,032,161 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 9,428,424 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 (this subnet), SN14, SN17, SN22, SN23, SN28, SN37, SN39, SN48, SN50
On-chainMiner burnDetected 11d ago· Oct 29, 2026, 09:47 UTC
SN4 miner burn down to 0%
The subnet burns 0% of its miner emission now (was 100%): miners are being paid again.
On-chainMiner burnDetected 11d ago· Oct 29, 2026, 07:37 UTC
SN4 miner burn up to 100%
The subnet now routes 100% of its miner emission to burn (was 0%). Miners earn little or nothing from it while this lasts.
On-chainLarge tradeBlock 9,376,318· Oct 27, 2026, 16:43 UTC
SN4 large buy: 1,772.1 τ
coldkey 5D7b…Xz9Q bought 31,339.13 α for 1,772.11 τ — 1.3% of the pool's τ before the trade.
Buy · 1,772 τ · 31,339 α · 1.3% of pool · 5D7b2X…Xz9Q
On-chainChild keysBetween blocks 9,335,649 and 9,335,704· Oct 22, 2026, 01:20 UTC
Validator Kusanagi (5Csz…gMUV) scheduled a child-key change on 44 subnets
Validator hotkey 5CszMVts9ueMUSKdAwLFSLT7u4oyxN7fUBpo8Z3ETw1ggMUV announced new child keys on SN1, SN2, SN4, SN8, SN9, SN10, SN14, SN17, SN24, SN25, SN39, SN42 and 32 more, applying at block 9,342,864 (~24h). Stake delegated to it there routes through its children after that.
Parent Kusanagi · SN1, SN2, SN4 (this subnet), SN8, SN9, SN10, SN14, SN17, SN24, SN25, SN39, SN42, SN53, SN54, SN55, SN56, SN57, SN59, SN60, SN62, SN63, SN66, SN69, SN70, SN71, SN72, SN76, SN77, SN80, SN81, SN85, SN87, SN88, SN90, SN93, SN94, SN95, SN100, SN103, SN113, SN116, SN119, SN122, SN128
On-chainMiner burnDetected 24d ago· Oct 16, 2026, 19:02 UTC
SN4 miner burn moved from 51% to 0%
Share of the subnet's miner emission routed to burn: 51% → 0%.
On-chainMiner burnDetected 24d ago· Oct 16, 2026, 17:04 UTC
SN4 miner burn moved from 24% to 51%
Share of the subnet's miner emission routed to burn: 24% → 51%.
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 (this subnet), SN5, SN6, SN7, SN8, SN9, SN10, SN11, SN12, SN13, SN14, SN15, SN16, SN17, SN18, SN19, SN20, SN21, SN22, SN23, SN24, SN25, SN26, SN27, SN28, 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-chainChild keysBetween blocks 9,262,073 and 9,262,137· Oct 11, 2026, 19:50 UTC
Validator Firepool (5Deo…zD9Y) scheduled a child-key change on 68 subnets
Validator hotkey 5Deo9Q3SnZWNPSEPRTgapbyy6egKu2oaNSqD4RQHHJEuzD9Y announced new child keys on SN4, SN6, SN8, SN9, SN15, SN16, SN17, SN19, SN21, SN23, SN27, SN29 and 56 more, applying at block 9,269,281 (~24h). Stake delegated to it there routes through its children after that.
Parent Firepool · SN4 (this subnet), SN6, SN8, SN9, SN15, SN16, SN17, SN19, SN21, SN23, SN27, SN29, SN31, SN35, SN36, SN37, SN38, SN41, SN42, SN44, SN47, SN50, SN52, SN53, SN54, SN55, SN57, SN58, SN60, SN61, SN62, SN64, SN65, SN66, SN70, SN72, SN73, SN74, SN76, SN77, SN78, SN80, SN83, SN87, SN88, SN89, SN90, SN91, SN95, SN100, SN102, SN106, SN107, SN108, SN109, SN110, SN112, SN113, SN114, SN116, SN117, SN118, SN120, SN121, SN122, SN124, SN127, SN128
On-chainChild keysBetween blocks 9,261,523 and 9,261,619· Oct 11, 2026, 18:07 UTC
Validator WildSage Labs (RT21) (5H9A…L9dd) scheduled a child-key change on SN4
Validator hotkey 5H9ABR2Z4hvFkZycn3DuUfWvRYUAQXXu46uHgLFaNZ1ZL9dd announced new child keys on SN4, applying at block 9,268,808 (~24h). Stake delegated to it there routes through its children after that.
Parent WildSage Labs (RT21) · SN4 (this subnet)
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 (this subnet), SN5, SN6, SN8, SN9, SN10, SN13, SN14, SN16, SN18, SN20, SN21, SN23, SN24, SN25, SN27, SN28, 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-chainLarge tradeBlock 9,186,801· Oct 1, 2026, 08:42 UTC
SN4 large sell: 1,066.2 τ
coldkey 5FZt…rZQG sold 20,576.80 α for 1,066.15 τ — 0.8% of the pool's τ before the trade.
Sell · 1,066 τ · 20,577 α · 0.8% of pool · 5FZt2z…rZQG
On-chainMiner burnDetected 41d ago· Sep 29, 2026, 16:31 UTC
SN4 miner burn moved from 56% to 24%
Share of the subnet's miner emission routed to burn: 56% → 24%.
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 (this subnet), SN28
On-chainMiner burnDetected 41d ago· Sep 29, 2026, 10:27 UTC
SN4 miner burn moved from 0% to 56%
Share of the subnet's miner emission routed to burn: 0% → 56%.

Newest first, the 15 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

183,019 α

≈ 10,995 τ · $2.4M

Owner conviction

183,019 α

≈ 10,995 τ · $2.4M

Hotkey locks Σ

0 α

≈ 0.00 τ · $0.00

Registration lock

—

Deregistration standing

Rank #114 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 9,474,312 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: 5Hp18g9P…R8FM · 183,019 α conviction of 545,678 α needed

This is the subnet's own owner hotkey, but another coldkey than the subnet owner owns it: its score (owner locks included) counts as a challenger's, and the chain would hand the subnet to that coldkey.

33.54% of the takeover threshold

Owner's side: 0 α — no lock on the owner's hotkeys

Account	Kind	Locked α	Value	Conviction α	Matured
5HMtFEQ9…8CCx	coldkey	183,019.06 α	10,995 τ · $2.4M	183,019.06 α	100%
5CXGPMnq…saxv	owner	183,019.06 α	10,995 τ · $2.4M	183,019.06 α	100%

Why the price moved · last 24h

0.059173 τ → 0.060077 τ (+1.529%)

Trading+832.155 τ and -13,943.865 α through the pool from indexed fills+1.15%
Emission+55.1534 τ injected, +932.0769 α minted into the pool−<0.01%
Chain buys & basket+274.414 τ and -3,980.106 α through the pool by the protocol's own trades (chain counters SubnetProtocolFlow, net of the injection, and SubnetProtocolAlpha)+0.35%
Not attributedwhat the named causes do not account for+0.02%

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 #114 in the queue. The network is at capacity (128), so each new subnet registration dissolves rank 1 — 114 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%	0.027%
30 d	500.0 α	50.0%	0.092%
90 d	875.0 α	87.5%	0.160%
180 d	984.4 α	98.4%	0.180%
365 d	999.8 α	100.0%	0.183%

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

☆TargonSN4 · Bittensor subnet

TargonSN4 · Bittensor subnet