ALPHARADAR · BITTENSOR INTELLIGENCE

$TAO — Morning Intelligence Report

Frozen observation
8 Oct 2026, 06:20 UTC
Publication snapshot
tao-2026-10-08-10
Source snapshot date
2026-10-08
Source timestamp
8 Oct 2026, 06:19 UTC

MORNING INTELLIGENCE

EXPLAINED REPORT

Market

At the frozen observation, $TAO price was $283.65. The recorded 24h move was -4.95%; 24h volume was $189,908,801.17.

Open Interest was $22,567,328.88 (-16.79% over 24h). Funding was 0.01%. These are market and derivatives observations, not measures of network usage.

Network

Coverage was 12.56%, Demand 32,891.72 TAO, Emissions 261,780.57 TAO and Burns 30,388.42 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 $283.65 and Coverage 12.56%. 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-2026-10-08-10 · frozen 8 Oct 2026, 06:20 UTC

EXECUTIVE SUMMARY

THE OBSERVATION

As frozen on 2026-10-08, $TAO was $283.65 (-4.95% over 24h). Network Coverage was 12.56%, with Demand 32,891.72 TAO, Emissions 261,780.57 TAO and Burns 30,388.42 TAO. These are the values recorded in this publication snapshot; unavailable metrics remain unavailable.

This page uses only the frozen snapshot for 2026-10-08. No narrative is generated when a report is opened.

MARKET

$TAO PRICE & POSITIONING

$TAO price$283.65-4.9537% / 24H
24h volume$189,908,801.17Source · CoinGecko
Open Interest$22,567,328.88-16.791% / 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: 07 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$298.70 → $283.65 -5.04%
24h volume$205,882,927.27 → $189,908,801.17 -7.76%
Open Interest$23,855,838.97 → $22,567,328.88 -5.4%
Funding rate0.0094% → 0.0100% +0 pp

NETWORK

Coverage12.878% → 12.5646% -0.31 pp
Demand33,748.75 TAO → 32,891.72 TAO -2.54%
Emissions262,065.61 TAO → 261,780.57 TAO -0.11%
Burns31,326.32 TAO → 30,388.42 TAO -2.99%

NETWORK BREADTH · COUNT CHANGE

Improving-1 subnets
Worsening-1 subnets
Stable+1 subnets
Excluded+1 subnets

TOP COVERAGE SUBNETS · MATCHED NETUID ONLY

SN51 lium.io55.1701% → 54.9133% -0.26 pp
SN36 Epago46.1634% → 45.8205% -0.34 pp
SN113 LongShort43.8769% → 44.0024% +0.13 pp
SN72 StreetVision by NATIX43.3386% → 43.3489% +0.01 pp
SN116 Carbon41.6734% → 41.5559% -0.12 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

Coverage12.5646%-0.3125 PP / 1D
Demand32,891.72 TAO-2.5995% / 1D
Emissions261,780.57 TAO-0.1777% / 1D
Burns30,388.42 TAO-3.05% / 1D

TOP SUBNETS BY COVERAGE

SN51 lium.io54.9133%
SN36 Epago45.8205%
SN113 LongShort44.0024%
SN72 StreetVision by NATIX43.3489%
SN116 Carbon41.5559%

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: 2026-10-08 · Report cutoff: 2026-10-08 06:20:55.526 UTC

Recorded subnet source timestamp: 2026-10-08 06:20:54.879 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

Improving8SUBNETS
Worsening13SUBNETS
Stable93SUBNETS
Excluded14SUBNETS

DEMAND CONCENTRATION

Top 130.9148%
Top 549.0945%
Top 1057.594%

EMISSION STRUCTURE

Top 213.3032%
Top 525.5808%
Top 1038.9712%

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 Oct08 OctINDEX = 100111.398.894.093.792.888.3

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

ALPHARADAR DATASET · 20 EMBEDDED OBSERVATIONS · 19 Sept 2026 TO 08 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 publication20 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-2026-10-08-10. 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.