ALPHARADAR · BITTENSOR INTELLIGENCE

$TAO — Morning Intelligence Report

Frozen observation
3 Oct 2026, 06:20 UTC
Publication snapshot
tao-2026-10-03-10
Source snapshot date
2026-10-03
Source timestamp
3 Oct 2026, 06:18 UTC

EXECUTIVE SUMMARY

THE OBSERVATION

Original stored publication text · publication artifact

  1. AlphaRadar - $TAO / Bittensor Intelligence Report Report generated: 03 Oct 2026, 06:20 UTC Price moves. Data explains. $TAO $289.74 | 24h -6.09% | Vol $292.69M | Funding -0% | OI $23.74M
  2. What's happening under the hood of Bittensor? Coverage 13.05% | Demand 34,573.97 $TAO | Emissions 264,903.46 $TAO | Burns 32,607.69 $TAO Current state is measured separately from trend.
  3. Network breadth: 128 tracked subnets. Coverage: 42 >=25% | 1 >=50% | 0 >=75%. Top 1 demand 29.32% | Top 5 49.94% | Top 10 58.35%
  4. Price vs Network Reality AlphaRadar has 15 valid daily observations. Current network metrics are measured against that recorded history.
  5. In one sentence $TAO is -6.09% over 24h. | OI is -17.01%. | Fundamental trend is evaluated from recorded history. AlphaRadar

This page uses only the frozen snapshot for 2026-10-03. No narrative is generated when a report is opened.

MARKET

$TAO PRICE & POSITIONING

$TAO price$289.74-6.0931% / 24H
24h volume$292,688,012.02Source · CoinGecko
Open Interest$23,743,899.40-17.0102% / 24H
Funding-0.0002%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: 02 Oct 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$308.79 → $289.74 -6.17%
24h volume$246,531,867.66 → $292,688,012.02 +18.72%
Open Interest$25,506,624.59 → $23,743,899.40 -6.91%
Funding rate0.0100% → -0.0002% -0.01 pp

NETWORK

Coverage13.3201% → 13.0515% -0.27 pp
Demand35,417.32 TAO → 34,573.97 TAO -2.38%
Emissions265,893.45 TAO → 264,903.46 TAO -0.37%
Burns32,900.22 TAO → 32,607.69 TAO -0.89%

NETWORK BREADTH · COUNT CHANGE

Improving0 subnets
Worsening+2 subnets
Stable-2 subnets
Excluded0 subnets

TOP COVERAGE SUBNETS · MATCHED NETUID ONLY

SN51 lium.io56.1601% → 55.9671% -0.19 pp
SN36 Epago48.3078% → 47.8301% -0.48 pp
SN72 StreetVision by NATIX43.2685% → 43.2859% +0.02 pp
SN113 LongShort42.8747% → 43.0721% +0.2 pp
SN109 Finsight41.3988% → 41.4016% +0 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

Coverage13.0515%-0.2674 PP / 1D
Demand34,573.97 TAO-2.3503% / 1D
Emissions264,903.46 TAO-0.3511% / 1D
Burns32,607.69 TAO-0.8391% / 1D

TOP SUBNETS BY COVERAGE

SN51 lium.io55.9671%
SN36 Epago47.8301%
SN72 StreetVision by NATIX43.2859%
SN113 LongShort43.0721%
SN109 Finsight41.4016%

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: 2026-10-03 · Report cutoff: 2026-10-03 06:20:25.460 UTC

Recorded subnet source timestamp: 2026-10-03 06:20:24.812 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
Worsening17SUBNETS
Stable84SUBNETS
Excluded12SUBNETS

DEMAND CONCENTRATION

Top 129.3178%
Top 549.9365%
Top 1058.3471%

EMISSION STRUCTURE

Top 213.0574%
Top 525.5601%
Top 1038.9804%

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 Sept23 Sept27 Sept01 Oct03 OctINDEX = 100113.7102.698.697.695.194.8

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

ALPHARADAR DATASET · 15 EMBEDDED OBSERVATIONS · 19 Sept 2026 TO 03 Oct 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 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 publication15 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-2026-10-03-10. 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.