Daily briefing
October 19, 2026
Archived briefing. These are the numbers as they stood on 2026-10-19 — not recalculated with today's data.
Atlas Regime
High confidenceDEFENSIVE
Capital is leaving subnets broadly — more subnets are being sold than bought.
What changed
vs Oct 18The network tightened overnight
SELECTIVE → DEFENSIVE
Net flow widened 780% to -7.5K τ, while fewer subnets were bought than the day before (29 up / 75 down).
Network
What to watch today
signals, not recommendationsSecond day of selling · Moderate outflow
-186 τ yesterday, -1.9K τ today — the direction held.
Flipped to outflow · Moderate outflow
Went from +171 τ yesterday to -994 τ today.
Climbing the flow table · Moderate inflow
Net-flow rank #16 yesterday, #3 today.
Atlas Map
Capital movement across the subnet economy
115 mapped · 13 excluded for
Mapped subnets, from largest outflow to largest inflow: AdTAO: market cap $5.8M, net 24h flow -352 τ; SayGM: market cap $43M, net 24h flow -994 τ; engy: market cap $57M, net 24h flow -1.4K τ; Carbon: market cap $1.5M, net 24h flow -47 τ; Ditto: market cap $3.6M, net 24h flow -146 τ; Verathos: market cap $1.3M, net 24h flow -64 τ; Teutonic: market cap $36M, net 24h flow -1.9K τ; Bitcast: market cap $23M, net 24h flow -634 τ; cascade: market cap $1.7M, net 24h flow -69 τ; iota: market cap $32M, net 24h flow -1.2K τ; OpenRoboto: market cap $15M, net 24h flow -119 τ; Umi: market cap $1.1M, net 24h flow -22 τ; Minos: market cap $17M, net 24h flow -338 τ; conjectures: market cap $3.6M, net 24h flow -95 τ; Orion: market cap $3.0M, net 24h flow -92 τ; Instant: market cap $4.7M, net 24h flow -121 τ; Attune: market cap $1.4M, net 24h flow -14 τ; Herald: market cap $2.4M, net 24h flow -43 τ; REAX: market cap $2.4M, net 24h flow -31 τ; ORO: market cap $11M, net 24h flow -150 τ; Quasar: market cap $12M, net 24h flow -135 τ; Apex: market cap $9.1M, net 24h flow -231 τ; ReadyAI: market cap $4.3M, net 24h flow -121 τ; Synth: market cap $5.9M, net 24h flow -87 τ; MoirAI: market cap $1.5M, net 24h flow -29 τ; DaniLabs: market cap $5.1M, net 24h flow -68 τ; Zeus: market cap $5.7M, net 24h flow -80 τ; Beam: market cap $3.5M, net 24h flow -34 τ; MVTRX: market cap $4.0M, net 24h flow -51 τ; Ingot: market cap $6.7M, net 24h flow -79 τ; SOMA: market cap $13M, net 24h flow -66 τ; Cortex: market cap $1.7M, net 24h flow -14 τ; Cathedral: market cap $2.0M, net 24h flow -14 τ; Affine: market cap $50M, net 24h flow -414 τ; Witness: market cap $2.9M, net 24h flow -35 τ; Reliquary: market cap $6.6M, net 24h flow -81 τ; KubeTEE: market cap $4.1M, net 24h flow -24 τ; Hippius: market cap $25M, net 24h flow -158 τ; blockmachine: market cap $13M, net 24h flow -142 τ; BitMind: market cap $18M, net 24h flow -159 τ; Trishool: market cap $6.1M, net 24h flow -34 τ; Chutes: market cap $112M, net 24h flow -779 τ; Thirty Spokes: market cap $0.4M, net 24h flow -2 τ; CookingTAO: market cap $0.9M, net 24h flow -5 τ; Harnyx: market cap $1.3M, net 24h flow -9 τ; Ridges: market cap $13M, net 24h flow -82 τ; InfiniteQuant: market cap $3.6M, net 24h flow -17 τ; Astrid: market cap $1.8M, net 24h flow -8 τ; Aurelius: market cap $3.7M, net 24h flow -21 τ; CliqueAI: market cap $7.5M, net 24h flow -22 τ; Ralph: market cap $0.6M, net 24h flow -4 τ; Desearch: market cap $3.9M, net 24h flow -19 τ; ConnitoAI: market cap $2.4M, net 24h flow -8 τ; UR: market cap $8.1M, net 24h flow -30 τ; Attelier: market cap $1.8M, net 24h flow -6 τ; AlphaRidge.ai: market cap $3.0M, net 24h flow -14 τ; Graphite: market cap $5.5M, net 24h flow -28 τ; RedTeam: market cap $17M, net 24h flow -32 τ; Tag101: market cap $2.6M, net 24h flow -7 τ; Swarm: market cap $10M, net 24h flow -24 τ; sundae_bar: market cap $3.2M, net 24h flow -10 τ; StreetVision by NATIX: market cap $2.9M, net 24h flow -10 τ; Hone: market cap $15M, net 24h flow -43 τ; TrajectoryRL: market cap $9.1M, net 24h flow -24 τ; ItsAI: market cap $4.3M, net 24h flow -8 τ; Data Universe: market cap $6.2M, net 24h flow -21 τ; Numinous: market cap $3.5M, net 24h flow -9 τ; NOVA: market cap $26M, net 24h flow -46 τ; Nodexo: market cap $2.6M, net 24h flow -6 τ; NeverPlayAlone: market cap $2.2M, net 24h flow -4 τ; Yanez: market cap $8.2M, net 24h flow -8 τ; Endure Network: market cap $4.7M, net 24h flow -7 τ; Compute Horde: market cap $6.1M, net 24h flow -9 τ; Claims: market cap $4.7M, net 24h flow -4 τ; hoτfloaτ: market cap $3.9M, net 24h flow -6 τ; Actual: market cap $27M, net 24h flow -8 τ; Liquidity: market cap $7.5M, net 24h flow -2 τ; Refinery: market cap $2.3M, net 24h flow -1 τ; TAOstatus: market cap $4.9M, net 24h flow -0 τ; GPUForge: market cap $0.7M, net 24h flow +0 τ; ByteLeap: market cap $3.4M, net 24h flow +0 τ; 404—GEN: market cap $12M, net 24h flow +1 τ; Dojo: market cap $8.0M, net 24h flow +1 τ; Gittensor: market cap $3.8M, net 24h flow +0 τ; Parked: market cap $3.5M, net 24h flow +1 τ; MANTIS: market cap $2.6M, net 24h flow +1 τ; everyframe.studio: market cap $1.7M, net 24h flow +1 τ; Gradients: market cap $22M, net 24h flow +23 τ; Enigma: market cap $5.7M, net 24h flow +5 τ; CapabilityForge Next: market cap $1.4M, net 24h flow +2 τ; Targon: market cap $85M, net 24h flow +166 τ; Vanta: market cap $44M, net 24h flow +142 τ; ChronoLLM: market cap $11M, net 24h flow +17 τ; Investing: market cap $3.8M, net 24h flow +11 τ; Pareton: market cap $7.3M, net 24h flow +32 τ; Quantum Compute: market cap $7.2M, net 24h flow +30 τ; Allways: market cap $3.3M, net 24h flow +15 τ; Nepher Robotics: market cap $4.5M, net 24h flow +17 τ; NIOME: market cap $3.1M, net 24h flow +26 τ; Cacheon: market cap $12M, net 24h flow +111 τ; lium.io: market cap $147M, net 24h flow +811 τ; rec4ll: market cap $1.7M, net 24h flow +8 τ; Provenonce: market cap $1.3M, net 24h flow +12 τ; Bitsec.ai: market cap $5.3M, net 24h flow +54 τ; THOR: market cap $5.5M, net 24h flow +51 τ; Vidaio: market cap $7.2M, net 24h flow +129 τ; Noah: market cap $2.7M, net 24h flow +31 τ; Perturb: market cap $1.1M, net 24h flow +22 τ; True Performance Network: market cap $3.1M, net 24h flow +79 τ; Score: market cap $55M, net 24h flow +943 τ; ChipForge: market cap $0.4M, net 24h flow +12 τ; Green Compute: market cap $22M, net 24h flow +235 τ; Almanac: market cap $9.4M, net 24h flow +374 τ; Leadpoet: market cap $6.6M, net 24h flow +337 τ; Finsight: market cap $1.4M, net 24h flow +50 τ. The full directory with sorting and filters is at /subnets.
Network pulse
121 active subnetsNet 24h flow
-7.5K τ
buys − sells
24h volume
96.2K τ
Valuation pulse
Explore valuation →Revenue-backed cap
$424M
7 subnets · live
Annualized revenue
$25M
215d old · STALE
Aggregate multiple
16.7×
cap ÷ revenue
Revenue multiple · log scale
11.6× → 298×
Revenue coverage
7 / 128
$424M
Flow extremes
View all flows →Share this briefing
Research, not financial advice.
