Caps live via Taostats · revenue as of latest disclosure per row
Caps updated Jun 19, 2026 · cap ÷ annualized real revenueToday's briefing →
5 of 129 Bittensor subnets disclose real revenue. The other 124 are priced on belief.
The multiple is what the market pays for a dollar of verified external revenue — emissions excluded. Lower means priced like a business. No revenue means the multiple is undefined, and the cap is a bet.
