ALPHARADAR · BITTENSOR INTELLIGENCE

$TAO — Morning Intelligence Report

Frozen observation
30 Sept 2026, 06:20 UTC
Publication snapshot
tao-2026-09-30-10
Source snapshot date
2026-09-30
Source timestamp
30 Sept 2026, 06:18 UTC

EXECUTIVE SUMMARY

THE OBSERVATION

Original stored publication text · publication artifact

  1. AlphaRadar - $TAO / Bittensor Intelligence Report Report generated: 30 Sept 2026, 06:20 UTC Price moves. Data explains. $TAO $303.42 | 24h -0.199% | Vol $250.46M | Funding +0.004% | OI $24.71M
  2. What's happening under the hood of Bittensor? Coverage 13.42% | Demand 35,946.04 $TAO | Emissions 267,868.89 $TAO | Burns 33,208.19 $TAO Current state is measured separately from trend.
  3. Network breadth: 128 tracked subnets. Coverage: 41 >=25% | 1 >=50% | 0 >=75%. Top 1 demand 28.58% | Top 5 49.48% | Top 10 58.18%
  4. Price vs Network Reality AlphaRadar has 12 valid daily observations. Current network metrics are measured against that recorded history.
  5. In one sentence $TAO is -0.199% over 24h. | OI is -15.11%. | Fundamental trend is evaluated from recorded history. AlphaRadar

This page uses only the frozen snapshot for 2026-09-30. No narrative is generated when a report is opened.

MARKET

$TAO PRICE & POSITIONING

$TAO price$303.42-0.1992% / 24H
24h volume$250,456,408.48Source · CoinGecko
Open Interest$24,710,389.32-15.1054% / 24H
Funding0.0042%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: 29 Sept 2026. This interval may be longer than one day.

MARKET · $TAO PRICEMoved lower
NETWORK · COVERAGE + DEMANDMixed signals

Mixed signals

Market, Coverage and Demand did not move together. Network direction is not inferred from conflicting or flat core metrics.

MARKET

$TAO price$303.93 → $303.42 -0.17%
24h volume$323,747,147.58 → $250,456,408.48 -22.64%
Open Interest$24,928,044.75 → $24,710,389.32 -0.87%
Funding rate0.0100% → 0.0042% -0.01 pp

NETWORK

Coverage13.4185% → 13.4193% +0 pp
Demand36,065.05 TAO → 35,946.04 TAO -0.33%
Emissions268,770.94 TAO → 267,868.89 TAO -0.34%
Burns33,279.73 TAO → 33,208.19 TAO -0.21%

NETWORK BREADTH · COUNT CHANGE

Improving-1 subnets
Worsening0 subnets
Stable+1 subnets
Excluded0 subnets

TOP COVERAGE SUBNETS · MATCHED NETUID ONLY

SN51 lium.io56.8862% → 56.6455% -0.24 pp
SN36 Epago50.3023% → 49.7005% -0.6 pp
SN72 StreetVision by NATIX45.627% → 45.6533% +0.03 pp
SN113 LongShort43.0718% → 42.8893% -0.18 pp
SN109 Finsight41.4782% → 41.4293% -0.05 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

Coverage13.4193%+0.0218 PP / 1D
Demand35,946.04 TAO-0.2021% / 1D
Emissions267,868.89 TAO-0.3641% / 1D
Burns33,208.19 TAO-0.0534% / 1D

TOP SUBNETS BY COVERAGE

SN51 lium.io56.6455%
SN36 Epago49.7005%
SN72 StreetVision by NATIX45.6533%
SN113 LongShort42.8893%
SN109 Finsight41.4293%

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: 2026-09-30 · Report cutoff: 2026-09-30 06:20:29.119 UTC

Recorded subnet source timestamp: 2026-09-30 06:20:28.684 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

Improving14SUBNETS
Worsening14SUBNETS
Stable89SUBNETS
Excluded11SUBNETS

DEMAND CONCENTRATION

Top 128.5757%
Top 549.4829%
Top 1058.1836%

EMISSION STRUCTURE

Top 212.8574%
Top 525.4593%
Top 1038.9212%

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.

$TAO PriceCoverageDemandEmissionsBurnsOpen Interest (OKX)
9010011012013014019 Sept20 Sept21 Sept22 Sept23 Sept24 Sept25 Sept26 Sept27 Sept28 Sept29 Sept30 SeptINDEX = 100119.1105.5102.6101.596.596.2

Indexed independently to 100 at each metric’s first valid observation. Missing values and date gaps remain gaps.

ALPHARADAR DATASET · 12 EMBEDDED OBSERVATIONS · 19 Sept 2026 TO 30 Sept 2026. 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 increased and Demand decreased. These are separate observations from the same frozen report, not a trading signal.

DATA QUALITY

MarketComplete
FundamentalsComplete
Network qualityComplete
History at publication12 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-2026-09-30-10. 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.