ALPHARADAR · BITTENSOR INTELLIGENCE

$TAO — Morning Intelligence Report

Frozen observation
13 Oct 2026, 06:20 UTC
Publication snapshot
tao-2026-10-13-10
Source snapshot date
2026-10-13
Source timestamp
13 Oct 2026, 06:20 UTC

MORNING INTELLIGENCE

EXPLAINED REPORT

Market

At the frozen observation, $TAO price was $283.06. The recorded 24h move was -4.97%; 24h volume was $223,100,379.69.

Open Interest was $22,963,309.69 (-18.56% over 24h). Funding was 0.01%. These are market and derivatives observations, not measures of network usage.

Network

Coverage was 8.74%, Demand 22,665.83 TAO, Emissions 259,269.41 TAO and Burns 25,389.31 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 $283.06 and Coverage 8.74%. 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-2026-10-13-10 · frozen 13 Oct 2026, 06:20 UTC

EXECUTIVE SUMMARY

THE OBSERVATION

As frozen on 2026-10-13, $TAO was $283.06 (-4.97% over 24h). Network Coverage was 8.74%, with Demand 22,665.83 TAO, Emissions 259,269.41 TAO and Burns 25,389.31 TAO. These are the values recorded in this publication snapshot; unavailable metrics remain unavailable.

This page uses only the frozen snapshot for 2026-10-13. No narrative is generated when a report is opened.

MARKET

$TAO PRICE & POSITIONING

$TAO price$283.06-4.9728% / 24H
24h volume$223,100,379.69Source · CoinGecko
Open Interest$22,963,309.69-18.5617% / 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: 12 Oct 2026. This interval may be longer than one day.

MARKET · $TAO PRICEMoved lower
NETWORK · COVERAGE + DEMANDImproving

Market lower / Network improving

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

MARKET

$TAO price$297.89 → $283.06 -4.98%
24h volume$179,823,020.37 → $223,100,379.69 +24.07%
Open Interest$24,447,908.25 → $22,963,309.69 -6.07%
Funding rate0.0100% → 0.0100% 0 pp

NETWORK

Coverage8.4192% → 8.7422% +0.32 pp
Demand21,861.67 TAO → 22,665.83 TAO +3.68%
Emissions259,665.33 TAO → 259,269.41 TAO -0.15%
Burns25,602.09 TAO → 25,389.31 TAO -0.83%

NETWORK BREADTH · COUNT CHANGE

Improving+2 subnets
Worsening0 subnets
Stable-1 subnets
Excluded-1 subnets

TOP COVERAGE SUBNETS · MATCHED NETUID ONLY

SN113 Subnet 11344.1811% → 44.3266% +0.15 pp
SN116 Carbon41.3389% → 41.3119% -0.03 pp
SN59 Subnet 5941.0009% → 41.0009% 0 pp
SN39 deprecated41.0008% → 41.0008% -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

Coverage8.7422%+0.3211 PP / 1D
Demand22,665.83 TAO+3.6799% / 1D
Emissions259,269.41 TAO-0.1273% / 1D
Burns25,389.31 TAO-0.8047% / 1D

TOP SUBNETS BY COVERAGE

SN82 Subnet 8281.668%
SN113 Subnet 11344.3266%
SN116 Carbon41.3119%
SN59 Subnet 5941.0009%
SN39 deprecated41.0008%

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: 2026-10-13 · Report cutoff: 2026-10-13 06:20:54.893 UTC

Recorded subnet source timestamp: 2026-10-13 06:20:54.209 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

Improving10SUBNETS
Worsening17SUBNETS
Stable87SUBNETS
Excluded14SUBNETS

DEMAND CONCENTRATION

Top 114.5414%
Top 535.7042%
Top 1045.1824%

EMISSION STRUCTURE

Top 213.529%
Top 525.4613%
Top 1038.9898%

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)
40608010012014019 Sept23 Sept27 Sept01 Oct05 Oct09 Oct13 OctINDEX = 100111.195.393.173.868.764.0

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

ALPHARADAR DATASET · 25 EMBEDDED OBSERVATIONS · 19 Sept 2026 TO 13 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 increased and Demand increased. These are separate observations from the same frozen report, not a trading signal.

DATA QUALITY

MarketComplete
FundamentalsComplete
Network qualityComplete
History at publication25 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-2026-10-13-10. 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.