ALPHARADAR · BITTENSOR INTELLIGENCE

SEE MORE THAN
$TAO PRICE.

We track the market, the Bittensor network and the emerging real economy beneath $TAO.

MARKETNETWORKREAL ECONOMY

DAILY FROZEN OBSERVATIONS · INDEPENDENT HISTORICAL DATASET

NETWORKMARKETINSIGHT

ALPHARADAR 2.0

AlphaRadar Is Evolving.

Less noise. More understanding.

Bittensor has plenty of numbers, charts and dashboards. But what do they really mean?

AlphaRadar is evolving into an independent Bittensor intelligence platform that explains what happened, why it matters and where the network may be heading.

Our upcoming AI-powered reports will connect market developments, network activity and important subnet events, using clear language anyone can understand.

Our data collection, historical analytics and tracking of all 128 subnets will remain available.

Data in the background. Understanding in the foreground.

A new chapter of AlphaRadar is coming.

FROZEN OBSERVATION

TODAY’S INTELLIGENCE

04 Nov 2026, 07:20 UTC

PUBLICATION SNAPSHOT tao-2026-11-04-10

MARKET PRICE · VOLUME · POSITIONING

$TAO PRICE$227.77+2.96% / 24H
24H VOLUME$85.04MSOURCE · CoinGecko
OPEN INTEREST$15.26M-12.90% / 24H
FUNDING0.01%PERPETUAL MARKETS

NETWORK USAGE · EMISSIONS · COVERAGE

NETWORK COVERAGE11.28%-0.04 PP / 1D
DEMAND30,343.8 TAO-0.32% / 1D
EMISSIONS269,036.55 TAO+0.08% / 1D
BURNS32,912.28 TAO+0.26% / 1D

FROZEN SUBNET ECONOMICS

SUBNET CHANGE HEATMAP

Top 10 by absolute daily change. Tiles have equal size; color and signed values show direction. These are changes in rolling 30-day metrics, not 24-hour transaction flows.

Observation: 2026-11-04 · Report cutoff: 2026-11-04 07:20:21.228 UTC

Recorded subnet source timestamp: 2026-11-04 07:20:20.473 UTC

Comparison: 1 day · 7-day and 30-day changes: N/A

PRICE TELLS ONLY HALF THE STORY

MARKET × NETWORK

47 DAILY OBSERVATIONS · INDEXED TO 100

Markets can move faster than network fundamentals. AlphaRadar tracks both, using frozen daily observations.

$TAO PriceCoverageDemandEmissionsBurnsOpen Interest (OKX)

SWIPE FOR LATEST

40608010012014019 Sept26 Sept3 Oct10 Oct17 Oct24 Oct31 Oct4 NovINDEX = 10089.488.785.696.695.663.3
INDEXED PERFORMANCE · EACH SERIES’ FIRST VALID OBSERVATION = 100NULL VALUES AND DATE GAPS ARE NOT INTERPOLATED

Frozen snapshot tao-2026-11-04-10 · 47 daily observations · last observation 04 Nov 2026

ALPHARADAR DATASET 47 DAILY OBSERVATIONSWe’re building our own historical dataset for Bittensor.

BENEATH THE PRICE

NETWORK PULSE

SOURCE SNAPSHOT · 2026-11-04

NETWORK COVERAGE

11.28%

Share of TAO supply actively secured

-0.04 percentage points / 1D
DEMAND30,343.8 TAO
EMISSIONS269,036.55 TAO
BURNS32,912.28 TAO
TRACKED SUBNETS128

1D SUBNET COMPARISON

NETWORK BREADTH

contracting
IMPROVING14
WORSENING21
STABLE78
EXCLUDED15
Coverage ≥25%37
Coverage ≥50%1
Coverage ≥75%1

FROZEN SNAPSHOT

TOP SUBNETS BY COVERAGE

COVERAGE
01SN4 Targon89.29%
02SN76 Ormas44.99%
03SN39 deprecated41.00%
04SN69 Herald41.00%
05SN57 Subnet 5741.00%

FROZEN SUBNET VALUES

DEMAND CONCENTRATION

UNAVAILABLE

Unavailable because complete, valid subnet Demand is not available for this frozen observation.

EMISSION STRUCTURE

TOP SUBNET SHARES

complete
TOP 214.41%
TOP 525.03%
TOP 1038.47%

128 of 128 tracked subnets have valid emissions.

BENEATH THE NETWORK AGGREGATE

SUBNET INTELLIGENCE

See which NetUID-level observations sit beneath today's frozen network picture.

EXPLORE SUBNETS
TRACKED IN FROZEN DATASET128AS OF 2026-11-04
RECORDED COVERAGE BREADTH14 improving · 21 weakeningFROM THE SNAPSHOT'S STORED SUBNET COMPARISON
COVERAGE LEADERSSN4 · SN76 · SN39LEADERS BY COVERAGE, NOT AN OVERALL RANKING

Daily Intelligence

Latest Subnet Intelligence

Daily intelligence, real network activity and historical insights from Bittensor subnets.

SN51

Lium

AI GPU Marketplace

Complete

Report date: UTC

Rental Occupancy68.26%Fresh · at observation cutoffLium · 31 Oct 2026, 06:10 UTC

Frozen observations through 2026-10-31T07:30:00.000Z. Coverage: 0%. Rental Occupancy: 68.26%. Required metrics are available.

Sources & observation times: Bittensor · Lium
Observation cutoff: 31 Oct 2026, 07:30 UTC

SN64

Chutes

Public inference intelligence

Partial data

Report date: UTC

Publicly observed modelsN/AStale · at observation cutoffChutes · 31 Oct 2026, 01:39 UTC

Frozen observations through 2026-10-31T07:30:00.000Z. Coverage: 0%. Publicly observed models: N/A. This report has data limitations; missing values remain N/A.

Chutes platform observations are not exclusive to SN64.

Partial UTC day, not a completed daily total

Sources & observation times: Bittensor · Chutes
Observation cutoff: 31 Oct 2026, 07:30 UTC

01

MARKET

Price · Volume · Open Interest · Funding

02

NETWORK

Demand · Emissions · Burns · Coverage · Subnet breadth

03

REAL ECONOMY

External revenue · Internal activity · Commercial usage

IN DEVELOPMENT

REAL ECONOMY · IN DEVELOPMENT

FROM EMISSIONS
TO ECONOMIC ACTIVITY.

We’re working toward measuring how Bittensor incentives connect to internal network activity and external commercial use.

IN DEVELOPMENT
TAO EMISSIONSNETWORK INCENTIVES
INTERNAL ACTIVITYBittensor network
EXTERNAL REVENUENot yet measured network-wide

DAILY INTELLIGENCE

THE MORNING REPORT

2026-11-04
FROZEN REPORT04 Nov 202604 Nov 2026, 07:20 UTC

The latest frozen AlphaRadar report combines market conditions with Bittensor network observations. Missing values remain unavailable; the stored snapshot is the source of truth.

VS PREVIOUS FROZEN OBSERVATION · 03 Nov 2026Market higher / Network weakening

$TAO moved higher while Coverage and Demand decreased. Descriptive comparison only, not causation or a trading signal.

READ TODAY'S REPORT DAILY UPDATES ON X

MARKET × FUNDAMENTALS

WHEN PRICE AND
NETWORK DISAGREE.

Price can rise while network fundamentals weaken. Price can fall while the network strengthens. AlphaRadar tracks the relationship without turning it into a buy or sell signal.

PRICE×NETWORKEXPLORE HISTORY

DATA YOU CAN TRACE

MISSING MEANS MISSING.

METHODOLOGY
01

FROZEN DAILY OBSERVATIONS

Daily reports preserve their own source values instead of being silently rewritten with later market data.

02

IMMUTABLE HISTORY

Comparisons use the recorded AlphaRadar history available for each observation.

03

SOURCE ATTRIBUTION

Market and network readings retain source and timing context where available.

04

HISTORY MATURITY

We show the observation count and keep conclusions proportional to the data collected.