ALPHARADAR · BITTENSOR INTELLIGENCE

$TAO — Morning Intelligence Report

Frozen observation
7 Oct 2026, 06:20 UTC
Publication snapshot
tao-2026-10-07-10
Source snapshot date
2026-10-07
Source timestamp
7 Oct 2026, 06:18 UTC

MORNING INTELLIGENCE

EXPLAINED REPORT

Market

At the frozen observation, $TAO price was $298.70. The recorded 24h move was -0.19%; 24h volume was $205,882,927.27.

Open Interest was $23,855,838.97 (-14.51% over 24h). Funding was 0.00936989%. These are market and derivatives observations, not measures of network usage.

Network

Coverage was 12.88%, Demand 33,748.75 TAO, Emissions 262,065.61 TAO and Burns 31,326.32 TAO. Demand retains its network-economic meaning; it is not a measure of customer revenue.

A usable dated network comparison is unavailable in this publication.

Market x Network

Comparable, complete market and network evidence is unavailable for an alignment or divergence interpretation. The recorded levels remain separate observations.

Network Breadth

Comparable subnet Coverage breadth is unavailable; no participation trend is inferred.

Concentration

Complete, valid Demand concentration evidence is unavailable in this publication.

Historical Context

A valid seven-day network comparison is unavailable in this frozen publication.

Bottom Line

The frozen publication records $TAO price $298.70 and Coverage 12.88%. Available evidence does not support a combined market/network conclusion.

What to Watch

Look for complete dated Coverage, Demand and market comparisons in the next frozen observation before drawing a combined conclusion. Missing evidence remains unavailable.

Stored explanatory report · tao-2026-10-07-10 · frozen 7 Oct 2026, 06:20 UTC

EXECUTIVE SUMMARY

THE OBSERVATION

As frozen on 2026-10-07, $TAO was $298.70 (-0.19% over 24h). Network Coverage was 12.88%, with Demand 33,748.75 TAO, Emissions 262,065.61 TAO and Burns 31,326.32 TAO. These are the values recorded in this publication snapshot; unavailable metrics remain unavailable.

This page uses only the frozen snapshot for 2026-10-07. No narrative is generated when a report is opened.

MARKET

$TAO PRICE & POSITIONING

$TAO price$298.70-0.1947% / 24H
24h volume$205,882,927.27Source · CoinGecko
Open Interest$23,855,838.97-14.51% / 24H
Funding0.0094%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: 06 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$298.89 → $298.70 -0.06%
24h volume$189,873,186.07 → $205,882,927.27 +8.43%
Open Interest$24,617,242.50 → $23,855,838.97 -3.09%
Funding rate0.0100% → 0.0094% -0 pp

NETWORK

Coverage12.9178% → 12.878% -0.04 pp
Demand33,910.11 TAO → 33,748.75 TAO -0.48%
Emissions262,506.35 TAO → 262,065.61 TAO -0.17%
Burns31,468.93 TAO → 31,326.32 TAO -0.45%

NETWORK BREADTH · COUNT CHANGE

Improving-3 subnets
Worsening-2 subnets
Stable+5 subnets
Excluded0 subnets

TOP COVERAGE SUBNETS · MATCHED NETUID ONLY

SN51 lium.io55.3769% → 55.1701% -0.21 pp
SN36 Epago46.4602% → 46.1634% -0.3 pp
SN113 LongShort43.6687% → 43.8769% +0.21 pp
SN72 StreetVision by NATIX43.3282% → 43.3386% +0.01 pp
SN116 Carbon41.8693% → 41.6734% -0.2 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

Coverage12.878%-0.042 PP / 1D
Demand33,748.75 TAO-0.3924% / 1D
Emissions262,065.61 TAO-0.068% / 1D
Burns31,326.32 TAO-0.3691% / 1D

TOP SUBNETS BY COVERAGE

SN51 lium.io55.1701%
SN36 Epago46.1634%
SN113 LongShort43.8769%
SN72 StreetVision by NATIX43.3386%
SN116 Carbon41.6734%

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: 2026-10-07 · Report cutoff: 2026-10-07 06:20:57.090 UTC

Recorded subnet source timestamp: 2026-10-07 06:20:56.430 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

Improving9SUBNETS
Worsening14SUBNETS
Stable92SUBNETS
Excluded13SUBNETS

DEMAND CONCENTRATION

Top 130.156%
Top 550.6793%
Top 1058.6886%

EMISSION STRUCTURE

Top 213.2764%
Top 525.6093%
Top 1038.9941%

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)
809010011012013014019 Sept23 Sept27 Sept01 Oct05 Oct07 OctINDEX = 100117.3101.399.095.394.191.0

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

ALPHARADAR DATASET · 19 EMBEDDED OBSERVATIONS · 19 Sept 2026 TO 07 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 publication19 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-2026-10-07-10. 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.