Daily briefing

September 30, 2026

Archived briefing. These are the numbers as they stood on 2026-09-30 — not recalculated with today's data.

Atlas Regime

Medium confidence

SELECTIVE

The network is moving, but not together — more subnets are being sold than bought. Flow is spread across many subnets, while net TAO left subnet pools (6.4% of gross volume).

What changed

Historical tracking has begun. SubnetAtlas now stores a network snapshot every day, so day-over-day changes — rank moves, signal changes, regime shifts — will appear here from the next snapshot onward.

What to watch today

signals, not recommendations
Unusual-2.5K τ
Actual

Exceptional outflow

-2.5K τ against a 23.4K τ pool — -10.8% of pool, far outside the network's normal daily range.

Unusual+1.1K τ
Reliquary

Turnover spike · Strong inflow

11.6K τ traded against a 18.0K τ pool — 64% turnover in 24h.

Atlas Map

Capital movement across the subnet economy

$1.0M$10M$100M0← TAO LEAVINGTAO ENTERING →MKT CAPApex · SN1DSperse · SN2Teutonic · SN3Hone · SN5Numinous · SN6Allways · SN7iota · SN9Pareton · SN10TrajectoryRL · SN11Compute Horde · SN12Data Universe · SN13Cacheon · SN14ORO · SN15404—GEN · SN17Zeus · SN18blockmachine · SN19Witness · SN20AdTAO · SN21Desearch · SN22Trishool · SN23Quasar · SN24UR · SN25Perturb · SN26Orion · SN27SayGM · SN28hoτfloaτ · SN29Endure Network · SN30rec4ll · SN31ItsAI · SN32ReadyAI · SN33BitMind · SN34Aurelius · SN37ChronoLLM · SN38Ralph · SN40Almanac · SN41Graphite · SN43Score · SN44AlphaRidge.ai · SN45Instant · SN46GPUForge · SN47Quantum Compute · SN48Nepher Robotics · SN49Synth · SN50Dojo · SN52engy · SN53Yanez · SN54NIOME · SN55Gradients · SN56Bitsec.ai · SN60RedTeam · SN61Ridges · SN62Enigma · SN63True Performance Network · SN65conjectures · SN66Harnyx · SN67NOVA · SN68Herald · SN69Leadpoet · SN71StreetVision by NATIX · SN72Parked · SN73Gittensor · SN74Hippius · SN75Ormas · SN76Liquidity · SN77Umi · SN78MVTRX · SN79OpenRoboto · SN80Reliquary · SN81CliqueAI · SN83Vidaio · SN85Provenonce · SN87Investing · SN88InfiniteQuant · SN89KubeTEE · SN90cascade · SN91Available · SN92Cathedral · SN94Actual · SN95Verathos · SN96Albedo · SN97NeverPlayAlone · SN98Cortex · SN100Tag101 · SN101ConnitoAI · SN102TAOstatus · SN104Beam · SN105Nodexo · SN106Minos · SN107Finsight · SN109Green Compute · SN110Claims · SN111for sale · SN112LongShort · SN113SOMA · SN114MoirAI · SN115for sale · SN116everyframe.studio · SN117Ditto · SN118CapabilityForge Next · SN119Affine · SN120sundae_bar · SN121CookingTAO · SN122MANTIS · SN123Swarm · SN124Refinery · SN125Attelier · SN126Astrid · SN127ByteLeap · SN128Targon · SN4Vanta · SN8lium.io · SN51Chutes · SN64Bitcast · SN93lium.ioChutesActualCookingTAO
SubnetExternal revenue disclosedSize = liquidity

Select a subnet for its figures — hover, tap, or focus the map and use the arrow keys. 113 mapped · 15 pools too thin to place.

Mapped subnets, from largest outflow to largest inflow: Bitsec.ai: market cap $6.2M, net 24h flow -390 τ; Actual: market cap $24M, net 24h flow -2.5K τ; ConnitoAI: market cap $2.5M, net 24h flow -181 τ; ChronoLLM: market cap $11M, net 24h flow -313 τ; iota: market cap $36M, net 24h flow -1.7K τ; RedTeam: market cap $17M, net 24h flow -375 τ; Minos: market cap $22M, net 24h flow -574 τ; Hippius: market cap $24M, net 24h flow -746 τ; Ditto: market cap $6.1M, net 24h flow -136 τ; Provenonce: market cap $2.1M, net 24h flow -38 τ; Parked: market cap $3.9M, net 24h flow -146 τ; SayGM: market cap $30M, net 24h flow -437 τ; Teutonic: market cap $47M, net 24h flow -1.5K τ; for sale: market cap $0.5M, net 24h flow -15 τ; Score: market cap $56M, net 24h flow -1.0K τ; Green Compute: market cap $15M, net 24h flow -133 τ; Swarm: market cap $11M, net 24h flow -183 τ; Umi: market cap $1.4M, net 24h flow -21 τ; conjectures: market cap $5.1M, net 24h flow -101 τ; True Performance Network: market cap $3.0M, net 24h flow -74 τ; NIOME: market cap $3.9M, net 24h flow -86 τ; Pareton: market cap $9.9M, net 24h flow -177 τ; Targon: market cap $91M, net 24h flow -1.4K τ; Cortex: market cap $2.0M, net 24h flow -24 τ; Affine: market cap $58M, net 24h flow -757 τ; 404—GEN: market cap $15M, net 24h flow -230 τ; Leadpoet: market cap $5.5M, net 24h flow -44 τ; Attelier: market cap $2.0M, net 24h flow -20 τ; MoirAI: market cap $1.6M, net 24h flow -27 τ; AlphaRidge.ai: market cap $3.7M, net 24h flow -49 τ; Nodexo: market cap $2.6M, net 24h flow -41 τ; Vanta: market cap $46M, net 24h flow -570 τ; Ralph: market cap $0.8M, net 24h flow -10 τ; Instant: market cap $5.1M, net 24h flow -54 τ; Chutes: market cap $129M, net 24h flow -1.3K τ; UR: market cap $10M, net 24h flow -76 τ; ORO: market cap $13M, net 24h flow -78 τ; ItsAI: market cap $5.1M, net 24h flow -32 τ; Synth: market cap $6.5M, net 24h flow -47 τ; Harnyx: market cap $1.6M, net 24h flow -11 τ; Gradients: market cap $24M, net 24h flow -198 τ; Available: market cap $0.3M, net 24h flow -2 τ; sundae_bar: market cap $3.7M, net 24h flow -22 τ; GPUForge: market cap $0.9M, net 24h flow -4 τ; Endure Network: market cap $5.1M, net 24h flow -26 τ; Data Universe: market cap $7.8M, net 24h flow -51 τ; everyframe.studio: market cap $2.2M, net 24h flow -8 τ; Allways: market cap $3.9M, net 24h flow -14 τ; CliqueAI: market cap $8.8M, net 24h flow -19 τ; Ridges: market cap $17M, net 24h flow -67 τ; rec4ll: market cap $1.9M, net 24h flow -4 τ; BitMind: market cap $19M, net 24h flow -74 τ; blockmachine: market cap $14M, net 24h flow -55 τ; Tag101: market cap $2.9M, net 24h flow -6 τ; ReadyAI: market cap $5.9M, net 24h flow -23 τ; Herald: market cap $2.9M, net 24h flow -7 τ; Enigma: market cap $6.6M, net 24h flow -16 τ; Hone: market cap $17M, net 24h flow -50 τ; MANTIS: market cap $2.9M, net 24h flow -8 τ; Apex: market cap $10M, net 24h flow -33 τ; InfiniteQuant: market cap $4.0M, net 24h flow -7 τ; Verathos: market cap $1.6M, net 24h flow -3 τ; Liquidity: market cap $8.5M, net 24h flow -13 τ; CapabilityForge Next: market cap $1.4M, net 24h flow -3 τ; Cacheon: market cap $13M, net 24h flow -24 τ; Aurelius: market cap $3.9M, net 24h flow -6 τ; Claims: market cap $5.5M, net 24h flow -4 τ; Quantum Compute: market cap $6.4M, net 24h flow -6 τ; TrajectoryRL: market cap $11M, net 24h flow -10 τ; Refinery: market cap $2.7M, net 24h flow -2 τ; Numinous: market cap $3.9M, net 24h flow -2 τ; Desearch: market cap $4.4M, net 24h flow -1 τ; Witness: market cap $3.1M, net 24h flow -1 τ; NeverPlayAlone: market cap $2.4M, net 24h flow -0 τ; hoτfloaτ: market cap $4.6M, net 24h flow -0 τ; ByteLeap: market cap $3.7M, net 24h flow +0 τ; cascade: market cap $2.0M, net 24h flow +1 τ; Dojo: market cap $8.9M, net 24h flow +3 τ; StreetVision by NATIX: market cap $3.1M, net 24h flow +2 τ; Compute Horde: market cap $6.6M, net 24h flow +4 τ; Graphite: market cap $6.1M, net 24h flow +5 τ; TAOstatus: market cap $5.5M, net 24h flow +6 τ; DSperse: market cap $4.8M, net 24h flow +10 τ; LongShort: market cap $1.0M, net 24h flow +3 τ; Astrid: market cap $2.1M, net 24h flow +7 τ; lium.io: market cap $138M, net 24h flow +567 τ; Finsight: market cap $1.0M, net 24h flow +5 τ; Investing: market cap $4.6M, net 24h flow +29 τ; Albedo: market cap $9.0M, net 24h flow +58 τ; NOVA: market cap $34M, net 24h flow +235 τ; engy: market cap $58M, net 24h flow +222 τ; Yanez: market cap $9.4M, net 24h flow +63 τ; OpenRoboto: market cap $17M, net 24h flow +35 τ; Orion: market cap $3.2M, net 24h flow +42 τ; Almanac: market cap $11M, net 24h flow +140 τ; Perturb: market cap $1.1M, net 24h flow +18 τ; Bitcast: market cap $24M, net 24h flow +274 τ; MVTRX: market cap $4.5M, net 24h flow +93 τ; for sale: market cap $4.5M, net 24h flow +121 τ; SOMA: market cap $11M, net 24h flow +198 τ; Gittensor: market cap $4.7M, net 24h flow +143 τ; KubeTEE: market cap $3.8M, net 24h flow +86 τ; AdTAO: market cap $5.5M, net 24h flow +204 τ; Vidaio: market cap $8.5M, net 24h flow +377 τ; Beam: market cap $5.0M, net 24h flow +145 τ; Trishool: market cap $7.9M, net 24h flow +250 τ; Nepher Robotics: market cap $6.2M, net 24h flow +150 τ; Ormas: market cap $0.3M, net 24h flow +18 τ; Quasar: market cap $8.2M, net 24h flow +442 τ; Zeus: market cap $6.8M, net 24h flow +522 τ; Reliquary: market cap $8.6M, net 24h flow +1.1K τ; Cathedral: market cap $2.9M, net 24h flow +157 τ; CookingTAO: market cap $1.3M, net 24h flow +207 τ. The full directory with sorting and filters is at /subnets.

Network pulse

118 active subnets

Net 24h flow

-10.5K τ

buys − sells

24h volume

165.2K τ

gross, both sides

BoughtSold
32% · 3065 · 68%
Top 5Rest of network
38%62%
TAO $302Strongest momentum CookingTAO Heating UpConcentration is the share of gross flow in the five largest moves.

Valuation pulse

Explore valuation →

Revenue-backed cap

$428M

5 subnets · live

Annualized revenue

$12M

155d old · STALE

Aggregate multiple

37.1×

cap ÷ revenue

Emissions excluded — external customer revenue only. Revenue covers a period ending 155 days ago. Market cap is live, so the multiple compares today's valuation against an older revenue disclosure. Movement since then reflects the cap, not measured business performance. Methodology

Flow extremes

View all flows →

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Bittensor subnets — Sep 30 Atlas Regime: SELECTIVE (medium confidence) Net 24h flow: -10.5K τ across 118 subnets Breadth: 30 up / 65 down Most bought: Reliquary +1.1K τ subnetatlas.com

Flow is net TAO into each subnet pool over 24 hours — buy volume minus sell volume, emissions excluded. Research, not financial advice.