ALPHARADAR · BITTENSOR INTELLIGENCE

$TAO — Morning Intelligence Report

Frozen observation
29 Sept 2026, 06:20 UTC
Publication snapshot
tao-2026-09-29-10
Source snapshot date
2026-09-29
Source timestamp
29 Sept 2026, 06:18 UTC

EXECUTIVE SUMMARY

THE OBSERVATION

Original stored publication text · publication artifact

  1. AlphaRadar - $TAO / Bittensor Intelligence Report Report generated: 29 Sept 2026, 06:20 UTC Price moves. Data explains. $TAO $303.93 | 24h -0.669% | Vol $323.75M | Funding +0.01% | OI $24.93M
  2. What's happening under the hood of Bittensor? Coverage 13.42% | Demand 36,065.05 $TAO | Emissions 268,770.94 $TAO | Burns 33,279.73 $TAO Current state is measured separately from trend.
  3. Network breadth: 128 tracked subnets. Coverage: 41 >=25% | 2 >=50% | 0 >=75%. Top 1 demand 28.5% | Top 5 49.41% | Top 10 58.07%
  4. Price vs Network Reality AlphaRadar has 11 valid daily observations. Current network metrics are measured against that recorded history.
  5. In one sentence $TAO is -0.669% over 24h. | OI is -12.38%. | Fundamental trend is evaluated from recorded history. AlphaRadar

This page uses only the frozen snapshot for 2026-09-29. No narrative is generated when a report is opened.

MARKET

$TAO PRICE & POSITIONING

$TAO price$303.93-0.6686% / 24H
24h volume$323,747,147.58Source · CoinGecko
Open Interest$24,928,044.75-12.3842% / 24H
Funding0.01%PERPETUAL MARKETS

Spot source: CoinGecko · derivatives source: Binance USD-M Futures public API with Bybit V5 public API fallback with OKX V5 public API fallback. Each source retains its own recorded timestamp and availability.

SINCE PREVIOUS OBSERVATION

MARKET × NETWORK

Compared only with the previous eligible frozen report: 27 Sept 2026. This interval may be longer than one day.

MARKET · $TAO PRICEMoved lower
NETWORK · COVERAGE + DEMANDWeakening

Market lower / Network weakening

$TAO moved lower while Coverage and Demand both decreased since the previous frozen report. This describes co-movement only and does not imply causation.

MARKET

$TAO price$326.38 → $303.93 -6.88%
24h volume$356,111,058.23 → $323,747,147.58 -9.09%
Open Interest$28,690,309.27 → $24,928,044.75 -13.11%
Funding rate0.0100% → 0.0100% 0 pp

NETWORK

Coverage13.4449% → 13.4185% -0.03 pp
Demand36,352.83 TAO → 36,065.05 TAO -0.79%
Emissions270,384.03 TAO → 268,770.94 TAO -0.6%
Burns33,701.41 TAO → 33,279.73 TAO -1.25%

NETWORK BREADTH · COUNT CHANGE

Improving+1 subnets
Worsening-2 subnets
Stable+1 subnets
Excluded0 subnets

TOP COVERAGE SUBNETS · MATCHED NETUID ONLY

SN51 lium.io57.2603% → 56.8862% -0.37 pp
SN36 Epago52.2846% → 50.3023% -1.98 pp
SN72 StreetVision by NATIX45.5758% → 45.627% +0.05 pp
SN113 LongShort43.3174% → 43.0718% -0.25 pp
SN109 Finsight41.5729% → 41.4782% -0.09 pp

Descriptive comparison, not a prediction or trading signal. Emissions, Burns and breadth are shown separately and do not determine network direction.

View this date in the divergence history →

NETWORK

BITTENSOR FUNDAMENTALS

Coverage13.4185%-0.0137 PP / 1D
Demand36,065.05 TAO-0.4269% / 1D
Emissions268,770.94 TAO-0.325% / 1D
Burns33,279.73 TAO-0.4994% / 1D

TOP SUBNETS BY COVERAGE

SN51 lium.io56.8862%
SN36 Epago50.3023%
SN72 StreetVision by NATIX45.627%
SN113 LongShort43.0718%
SN109 Finsight41.4782%

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: 2026-09-29 · Report cutoff: 2026-09-29 06:20:25.874 UTC

Recorded subnet source timestamp: 2026-09-29 06:20:25.472 UTC

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

Comparable frozen subnet observations are unavailable. No live values are substituted.

NETWORK PULSE

BREADTH & CONCENTRATION

Improving15SUBNETS
Worsening14SUBNETS
Stable88SUBNETS
Excluded11SUBNETS

DEMAND CONCENTRATION

Top 128.5026%
Top 549.409%
Top 1058.0682%

EMISSION STRUCTURE

Top 212.7926%
Top 525.4189%
Top 1038.8959%

128 of 128 subnets have valid emissions.

HISTORICAL MARKET × NETWORK

PRICE TELLS ONLY HALF THE STORY

A historical chart is shown only when its complete observation series was embedded in this exact frozen snapshot. No other publication is used to reconstruct a past chart.

Historical chart unavailable: This frozen snapshot did not embed its historical series, so no chart is reconstructed. No later data is shown.

ALPHARADAR DATASET · NO HISTORICAL SERIES EMBEDDED. Missing dates and null values remain gaps; no later snapshot is used.

INTELLIGENCE

MARKET & NETWORK CONTEXT

Over the recorded 24-hour market window, $TAO price decreased; network Coverage decreased and Demand decreased. These are separate observations from the same frozen report, not a trading signal.

DATA QUALITY

MarketComplete
FundamentalsComplete
Network qualityComplete
History at publication11 days

PROVENANCE

SpotCoinGecko
NetworkTaoRevenue public structured data
DerivativesBinance USD-M Futures public API with Bybit V5 public API fallback with OKX V5 public API fallback
Collectorhealthy

DATA YOU CAN TRACE

MISSING MEANS MISSING.

All factual values above come from tao-2026-09-29-10. The archive does not replace null or unavailable values with zero, and a report date never falls back to the latest snapshot.

Real Economy analytics remain IN DEVELOPMENT; experimental Phase 8 observations are not included.