True Performance NetworkSN65 · Bittensor subnet

0.002182 τ$0.67

24H -5.48%7D -10.53%APR 33.0%

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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.

Distributed AI model compression & optimization engine

SN65, True Performance Network (α token ص), 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 0.002182 τ (≈ $0.67), against 5,661 τ of pool liquidity. On-chain, the best-delegated validator on it yields about 33.0% APR, emissions add 0.000000 τ to the pool each block, epochs run every 360 blocks. It was registered at block #4,950,813.

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Price

0.002182 τ

APR

33.0%

TAO in pool

5,661 τ

α in pool

2,594,015 α

EMA price

0.002220 τ

α staked out

3,340,060 α

Vol 24h (indexed)

1,903 τ

Emission / block

0.000000 τ

Owner: 5GxEEHxLWpvcAGghL8LG7xNjrxZk4SEPW1VT43hGPZ2TP9mZ
Registered: block 4,950,813
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: 0.5000 τ
Registration: open
Weights rate: 100 blk
Activity cutoff: 5,000
Commit-reveal: on (1)
Serving rate: 50
κ (kappa): 32767
ρ (rho): 10

Top 64 UIDs by reward
UID	Hotkey	Coldkey	Role	Stake α	Consensus	Incentive	Dividend	Emission	Axon	Reg. block
0	5DAmVrUg…mHHL	5GxEEH…P9mZ	validator	1,206,632	75.0%	75.0%	46.7%	179.564 α	213.239.220.104:9000	#4,950,813
243	5E2LP6En…eZ5u	5GsbTg…pZX9	validator	569,485	0.0%	0.0%	26.5%	39.049 α	—	#6,426,852
172	5DXiNhXB…for5inactive	5EF3aC…eCRR	miner	387	10.0%	10.0%	0.0%	14.760 α	—	#8,938,047
117	5Eha2ESC…jC2h	5E9fVY…Yc5p	validator	111,558	0.0%	0.0%	7.6%	11.160 α	136.116.243.78:8091	#5,163,968
45	5G8vMPBi…5snLinactive	5DnfS8…Cnc3	miner	337	6.2%	6.2%	0.0%	9.225 α	—	#8,888,662
10	5CSetXSd…YWtiinactive	5Gn86m…DkAT	miner	261	5.0%	5.0%	0.0%	7.380 α	—	#8,984,337
83	5G18gK5P…AfXb	5FHxxe…GpSs	validator	619	0.0%	0.0%	4.7%	6.959 α	—	#8,844,356
236	5Et7e9a5…q1uM	5Dkwfx…VxVY	validator	94,521	0.0%	0.0%	3.3%	4.912 α	—	#8,965,677
167	5GuinVN7…KSCGinactive	5EX7dv…RWkQ	miner	201	2.5%	2.5%	0.0%	3.689 α	—	#9,052,452
227	5EtUYRu7…tvzs	5EAWZV…HqNL	validator	58,202	0.0%	0.0%	1.9%	2.732 α	—	#7,728,138
191	5CsvRJXu…2zVp	5EJAqc…YzX2	validator	26,535	0.0%	0.0%	1.7%	2.557 α	—	#6,401,016
163	5FeKsRjZ…9DGg	5GhATB…aWK8	validator	50,210	0.0%	0.0%	1.6%	2.300 α	—	#8,683,217
124	5DqctMkK…UiQB	5EnXts…FCGK	validator	35,620	0.0%	0.0%	1.5%	2.283 α	—	#8,560,512
133	5F27pzNq…Rs4Ninactive	5CA9XN…xmJh	miner	168	1.2%	1.2%	0.0%	1.845 α	—	#9,052,676
9	5G9hfkx9…wrc5	5Ek8i6…t33f	validator	26,053	0.0%	0.0%	1.2%	1.781 α	—	#6,662,523
181	5HY9hGb2…xs65	5Fuzgv…krzo	validator	24,769	0.0%	0.0%	1.1%	1.664 α	192.150.253.122:9000	#5,994,269
212	5GzZgsze…SL65	5GW9X8…jovV	validator	2,311	0.0%	0.0%	0.8%	1.189 α	—	#8,915,399
101	5HbScNss…FZdT	5F4Xca…txiD	validator	998	0.0%	0.0%	0.6%	0.930 α	—	#4,988,307
237	5E5L3FRz…xs1r	5Dz1Br…15Bu	validator	12,764	0.0%	0.0%	0.5%	0.802 α	—	#8,828,283
97	5FLoWCDo…Rv8m	5EnXts…FCGK	validator	5,226	0.0%	0.0%	0.2%	0.321 α	—	#7,195,003
217	5CouEcB8…6568	5GP1VN…JBG6	validator	1,903	0.0%	0.0%	0.1%	0.100 α	—	#7,670,355
23	5EZfYqYz…q5d9inactive	5CAU8G…TwVQ	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,728,103
24	5EcrDjk7…MFRDinactive	5ER51H…L2bt	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,726,023
25	5Gbb6mPj…zbBFinactive	5EHThs…B9dc	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,727,566
26	5CytXfUF…ho6binactive	5FBjV3…BC5L	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,718,910
27	5Ge3UMnu…n4pRinactive	5ERKUT…PM3d	miner	0	0.0%	0.0%	0.0%	0.000 α	100.38.4.25:8091	#8,062,239
28	5Gnh5KzR…BYDHinactive	5H3JuM…4Uvs	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,137,911
29	5FRmhwhk…GQ9ninactive	5ER51H…L2bt	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,726,132
30	5DF3VBfH…zCjNinactive	5EP9gG…dex1	miner	104	0.0%	0.0%	0.0%	0.000 α	—	#8,981,430
31	5EEfqkYz…Utxwinactive	5EHThs…B9dc	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,727,345
32	5CDoxkGn…pHKfinactive	5C835g…Avek	miner	10	0.0%	0.0%	0.0%	0.000 α	—	#9,021,919
33	5D4SsmiH…4oB1inactive	5D4Ssm…4oB1	miner	0	0.0%	0.0%	0.0%	0.000 α	5.181.182.84:8091	#7,887,794
34	5DcpN6r1…A34yinactive	5C5nT6…4s8Q	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,717,693
35	5Dd5gx5j…4mo6inactive	5Fj7pC…Q2f3	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,718,646
36	5HHVz1tu…R4Peinactive	5EP9gG…dex1	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,913,418
37	5ERcCxco…YmF6inactive	5Dd6J1…xHwk	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,732,452
38	5FvaQvGR…Qe8Kinactive	5G73cH…6VHw	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,713,300
39	5HYwknBy…XKL9inactive	5HYF72…vxuc	miner	50	0.0%	0.0%	0.0%	0.000 α	—	#8,908,764
40	5HEFgkCF…5KMSinactive	5HYANo…S3B3	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,669,165
41	5HmULoMT…iYKqinactive	5FUFLh…uc9J	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,735,930
42	5Cm3pt2J…HX1ninactive	5C835g…Avek	miner	10	0.0%	0.0%	0.0%	0.000 α	—	#8,909,184
43	5DqTq5gj…7fsvinactive	5FU5y1…eFFt	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,715,951
44	5FFZZdxn…ke3xinactive	5C4tqj…kKnr	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,735,695
46	5DoRZRrn…6eAqinactive	5HYANo…S3B3	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,694,734
1	5DULUGM9…wHWuinactive	5HYANo…S3B3	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,673,626
2	5FEdE17R…i62cinactive	5FbPxh…fD8K	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,854,974
3	5EFWe6wQ…QKBeinactive	5HYANo…S3B3	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,675,302
4	5Di3jgyp…EFCminactive	5GLRWU…ytZQ	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,510,366
5	5HKvTD8K…DUr5inactive	5GecYv…fNzr	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,725,267
6	5FgY1yAb…vxowinactive	5EHThs…B9dc	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,727,734
7	5D9y1SW6…KpY4inactive	5Dd6J1…xHwk	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,716,071
8	5FkH3CcP…nPHCinactive	5HZD9S…Co3m	miner	109	0.0%	0.0%	0.0%	0.000 α	—	#9,001,496
11	5CSFQwyC…R1SFinactive	5CLSYo…2N2y	miner	0	0.0%	0.0%	0.0%	0.000 α	85.239.48.4:9000	#7,926,642
12	5GP8oWZP…zgkPinactive	5EHThs…B9dc	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,727,458
13	5Fged2d7…tkTninactive	5CdQzD…jCgs	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,536,922
14	5G1tcQC7…huZrinactive	5EEgt2…CBsz	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,718,328
15	5GL3k2SK…RBgMinactive	5HYANo…S3B3	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,693,105
16	5Hn7Hefd…NZRUinactive	5Dd6J1…xHwk	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,732,305
17	5FxLsiHB…KxYDinactive	5HYANo…S3B3	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,679,961
18	5GdfuT3F…D32kinactive	5CAjvk…pb9t	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,714,651
19	5EtbXE1a…neFyinactive	5CVHJN…DenK	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,733,629
20	5HmskwLS…H2d5inactive	5Dd6J1…xHwk	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,714,481
21	5HNX8GZN…4Y5ginactive	5CVHJN…DenK	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,733,486
22	5DfddtPG…Z96Qinactive	5C5nT6…4s8Q	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,717,803

Child keys (68)

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→5E2LP6En…eZ5u100.0%

5CAQAgXx…7FmJ→5E2LP6En…eZ5u100.0%

5CBDhkBx…8S3A→5DvDypN8…diFp100.0%

5CUysqNg…ws6B→5CsvRJXu…2zVp100.0%

5CV93B17…fQF2→5DAmVrUg…mHHL100.0%

5CcD4RLF…Dcdb→5DAmVrUg…mHHL100.0%

5Ckaoft1…uUes→5G18gK5P…AfXb100.0%

5CoZxgtf…bifj→5DAmVrUg…mHHL100.0%

5CqRMuYS…b9Ed→5DAmVrUg…mHHL100.0%

5CszMVts…gMUV→5GzZgsze…SL65100.0%

5D4gEn5S…kZ4f→5DAmVrUg…mHHL100.0%

5DM7CPqP…xmtX→5E2LP6En…eZ5u100.0%

5DUuFhF4…k2GU→5DAmVrUg…mHHL100.0%

5DXdHixx…L1S1→5Eha2ESC…jC2h100.0%

5Dd8gaRN…GrWv→5DAmVrUg…mHHL100.0%

5Deo9Q3S…zD9Y→5G9hfkx9…wrc5100.0%

5DjtmV76…T4Kd→5DqctMkK…UiQB100.0%

5DkFEQdE…M7Fn→5DAmVrUg…mHHL100.0%

5DvDypN8…diFp→5DAmVrUg…mHHL100.0%

5DvTpini…N2ed→5E2LP6En…eZ5u100.0%

5E4z3h9y…ULde→5DAmVrUg…mHHL100.0%

5EAdPk76…pYDc→5DAmVrUg…mHHL100.0%

5EByfpgR…JWs4→5DAmVrUg…mHHL100.0%

5ELREhAp…qwVh→5G9hfkx9…wrc5100.0%

5EqYdsxW…oaUf→5G9hfkx9…wrc5100.0%

5F7dvCS7…r6LW→5G9hfkx9…wrc5100.0%

5FBqnTwn…4WUw→5G9hfkx9…wrc5100.0%

5FFM6Nvv…UWgt→5DAmVrUg…mHHL100.0%

5FFSBkNi…VR86→5CouEcB8…6568100.0%

5FWB5CFZ…jkg5→5E2LP6En…eZ5u100.0%

5FnGPRV7…MVZZ→5E2LP6En…eZ5u100.0%

5Fppap6W…MEjv→5E5L3FRz…xs1r100.0%

5FsGZaVP…RZQC→5DvDypN8…diFp100.0%

5Ft5kRgK…PTih→5DvDypN8…diFp100.0%

5FtBncJv…izzo→5HY9hGb2…xs65100.0%

5Fy3Mjrd…hQCY→5DAmVrUg…mHHL100.0%

5FyUNRQ2…EBcD→5Eha2ESC…jC2h100.0%

5G1NjW9Y…nChe→5E2LP6En…eZ5u100.0%

5G3wMP3g…5KP3→5DAmVrUg…mHHL100.0%

5G9mJMfD…423v→5E2LP6En…eZ5u100.0%

…and 28 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

1,285

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, 11:34:59 AM.

#	Coldkey	Alpha	Value	Share
1	5E8ki5QL…NSXW	600,057 α	1,310 τ · $403.8K	24.69%
2	5Fazr9w2…6r4W	252,752 α	551.62 τ · $170.1K	10.40%
3	5EShBpcB…zUEr	153,106 α	334.15 τ · $103.0K	6.30%
4	5HMtFEQ9…8CCx	124,576 α	271.88 τ · $83.8K	5.13%
5	5GCPQtG8…dPU5	70,223 α	153.26 τ · $47.3K	2.89%
6	5FNM2TdF…Mokm	63,373 α	138.31 τ · $42.6K	2.61%
7	5GmUrL25…de9Y	63,241 α	138.02 τ · $42.6K	2.60%
8	5HXPZrPP…FeuD	61,919 α	135.14 τ · $41.7K	2.55%
9	5FoLraTE…HKmg	57,202 α	124.84 τ · $38.5K	2.35%
10	5EsbJbCb…HGtn	44,327 α	96.74 τ · $29.8K	1.82%
11	5FzxizjS…uwd4	43,793 α	95.58 τ · $29.5K	1.80%
12	5F9vBWgE…YQd7	36,198 α	79.00 τ · $24.4K	1.49%
13	5EhxzAXg…fAh1	33,896 α	73.98 τ · $22.8K	1.39%
14	5G1VfJaq…yb2v	33,541 α	73.20 τ · $22.6K	1.38%
15	5FA7YBST…fyt3	32,172 α	70.21 τ · $21.6K	1.32%
16	5GKNJwVE…54QQ	28,546 α	62.30 τ · $19.2K	1.17%
17	5EqMhjdL…MfzE	26,295 α	57.39 τ · $17.7K	1.08%
18	5GBr8ma6…xQDn	24,063 α	52.52 τ · $16.2K	0.99%
19	5EqWVbYn…W68v	18,146 α	39.60 τ · $12.2K	0.75%
20	5ES84rfz…QM4w	16,739 α	36.53 τ · $11.3K	0.69%
21	5Gex23KX…njQc	16,238 α	35.44 τ · $10.9K	0.67%
22	5EQvqYFs…7byh	16,070 α	35.07 τ · $10.8K	0.66%
23	5Edka7f7…D7qZ	15,751 α	34.38 τ · $10.6K	0.65%
24	5DtmJd12…1ymP	14,994 α	32.72 τ · $10.1K	0.62%
25	5FRWgWRn…naZX	14,405 α	31.44 τ · $9.7K	0.59%
26	5EYCAe5j…tp7s	14,212 α	31.02 τ · $9.6K	0.58%
27	5CeyBUt2…iYUs	13,249 α	28.92 τ · $8.9K	0.55%
28	5Ev4Fev4…gQrC	12,960 α	28.28 τ · $8.7K	0.53%
29	5G4529T3…7EpB	12,034 α	26.26 τ · $8.1K	0.50%
30	5D74ftKu…yB79	11,883 α	25.93 τ · $8.0K	0.49%
31	5FvnXei9…vuPc	11,822 α	25.80 τ · $8.0K	0.49%
32	5GRSH2KH…54MN	11,497 α	25.09 τ · $7.7K	0.47%
33	5EvDQkwg…mqAf	11,410 α	24.90 τ · $7.7K	0.47%
34	5F22kRak…YjSB	10,350 α	22.59 τ · $7.0K	0.43%
35	5EScNzDf…6Cwv	10,047 α	21.93 τ · $6.8K	0.41%
36	5Fh6zoJa…3ULt	9,516 α	20.77 τ · $6.4K	0.39%
37	5ExowubS…wmDn	8,609 α	18.79 τ · $5.8K	0.35%
38	5GHg6ASH…jwWR	8,542 α	18.64 τ · $5.7K	0.35%
39	5EHS1rrH…8wro	8,494 α	18.54 τ · $5.7K	0.35%
40	5Fs29HYm…ChQZ	8,478 α	18.50 τ · $5.7K	0.35%
41	5EgtSSEe…1E2d	7,718 α	16.85 τ · $5.2K	0.32%
42	5GJR33Xy…FvRE	7,313 α	15.96 τ · $4.9K	0.30%
43	5DkV8twU…e1d5	7,280 α	15.89 τ · $4.9K	0.30%
44	5DnfS8no…Cnc3	7,195 α	15.70 τ · $4.8K	0.30%
45	5Fe7EucT…aLtc	7,167 α	15.64 τ · $4.8K	0.29%
46	5F29KYWd…6cBZ	7,065 α	15.42 τ · $4.8K	0.29%
47	5FnjDPuz…xajP	7,016 α	15.31 τ · $4.7K	0.29%
48	5DoPBDvP…AeUC	6,992 α	15.26 τ · $4.7K	0.29%
49	5DF3BTeE…PzBz	6,808 α	14.86 τ · $4.6K	0.28%
50	5EwCxRzZ…f6VB	6,725 α	14.68 τ · $4.5K	0.28%

Owner lock

171,794 α

≈ 374.93 τ · $115.6K

Owner conviction

171,794 α

≈ 374.93 τ · $115.6K

Hotkey locks Σ

—

Registration lock

37.27 τ

Deregistration standing

Rank #5 in the deregistration queue — the network runs at capacity, so each new subnet registration removes the rank-1 subnet. Ranked by the chain's own EMA price, immune subnets excluded.

Takeover watchcompare every subnet →

A hotkey lock whose matured conviction reaches 18% of eligible α (α staked out, minus protocol-owned and burned α — the threshold in the chain's own code) can claim ownership of the subnet.

No hotkey locks on this subnet.

Account	Kind	Locked α	Value	Conviction α	Matured
5GxEEHxL…P9mZ	owner	171,794.15 α	374.93 τ · $115.6K	171,794.15 α	100%
5E8ki5QL…NSXW	coldkey	100,000 α	218.25 τ · $67.3K	100,000 α	100%
5HMtFEQ9…8CCx	coldkey	71,794.15 α	156.69 τ · $48.3K	71,794.15 α	100%

Why the price moved · last 24h

0.002309 τ → 0.002182 τ (-5.482%)

Trading-160.821 τ and +71,749.021 α through the pool from indexed fills-5.45%
Emission+0.0009 τ injected, +0.4078 α minted into the pool−<0.01%
Unexplainedcauses we cannot name from what we index-0.03%

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 #5 in the queue. The network is at capacity (128), so each new subnet registration dissolves rank 1 — 5 registrations would reach this one.

Cost to kill rank 1

509 τ

After next halving

254 τ

P(dereg) 30d

28.9%

P(dereg) 90d

98.2%

From 0.12 registrations/day observed over 25.2 days of indexed blocks, as a Poisson arrival process against this subnet's queue position. The registration cost halves every 115,200 blocks.

Conviction maturity curve

What a perpetual lock of 1,000 α becomes over time on this subnet. The shape is identical at any size — scale it to your own amount. Conviction matures on a 30-day half-life; a decaying lock's stake also unwinds on a 90-day one.

After	Conviction	Matured	Of takeover
today	0.0 α	0.0%	0.000%
7 d	149.3 α	14.9%	0.036%
30 d	500.0 α	50.0%	0.121%
90 d	875.0 α	87.5%	0.211%
180 d	984.4 α	98.4%	0.238%
365 d	999.8 α	100.0%	0.242%

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

☆True Performance NetworkSN65 · Bittensor subnet

True Performance NetworkSN65 · Bittensor subnet