Daily briefing

October 24, 2026

Archived briefing. These are the numbers as they stood on 2026-10-24 — not recalculated with today's data.

Atlas Regime

High confidence

DEFENSIVE

Capital is leaving subnets broadly — more subnets are being sold than bought.

What changed

vs Oct 23

Net flow turned positive

Net flow went from -6.9K τ to +203 τ, while more subnets were bought than the day before (43 up / 72 down).

Network

Net flow-6.9K τ+203 τ
Breadth25 up / 79 down43 up / 72 down

What to watch today

signals, not recommendations
Outflow confirmed-2.1K τ
Bitcast

Second day of selling · Strong outflow

-381 τ yesterday, -2.1K τ today — the direction held.

Reversing+2.4K τ
BitMind

Flipped to inflow · Strong inflow

Went from -627 τ yesterday to +2.4K τ today.

Weakening-329 τ
RedTeam

Losing force · Moderate outflow

-821 τ yesterday down to -329 τ today — same direction, roughly half the size.

Atlas Map

Capital movement across the subnet economy

$1.0M$10M$100MApex · SN1DaniLabs · SN2Teutonic · SN3Hone · SN5Numinous · SN6Allways · SN7Vanta · SN8iota · SN9Pareton · SN10TrajectoryRL · SN11Compute Horde · SN12Data Universe · SN13Cacheon · SN14ORO · SN15404—GEN · SN17Zeus · SN18blockmachine · SN19Witness · SN20AdTAO · SN21Desearch · SN22Trishool · SN23Quasar · SN24UR · SN25Perturb · SN26Komms · SN27SayGM · SN28hoτfloaτ · SN29Endure Network · SN30rec4ll · SN31ItsAI · SN32ReadyAI · SN33BitMind · SN34Aurelius · SN37ChronoLLM · SN38Ralph · SN40Graphite · SN43Score · SN44AlphaRidge.ai · SN45Instant · SN46GPUForge · SN47Quantum Compute · SN48Nepher Robotics · SN49Synth · SN50lium.io · SN51Dojo · SN52engy · SN53Yanez · SN54NIOME · SN55Gradients · SN56Attune · SN58Bitsec.ai · SN60RedTeam · SN61Ridges · SN62Enigma · SN63True Performance Network · SN65conjectures · SN66Harnyx · SN67NOVA · SN68Herald · SN69Leadpoet · SN71StreetVision by NATIX · SN72Parked · SN73Gittensor · SN74Hippius · SN75Liquidity · SN77Umi · SN78MVTRX · SN79OpenRoboto · SN80Reliquary · SN81Noah · SN82CliqueAI · SN83Vidaio · SN85Provenonce · SN87Investing · SN88InfiniteQuant · SN89KubeTEE · SN90cascade · SN91REAX · SN92Cathedral · SN94Actual · SN95Verathos · SN96Ingot · SN97NeverPlayAlone · SN98Cortex · SN100Tag101 · SN101ConnitoAI · SN102TAOstatus · SN104Beam · SN105Nodexo · SN106Minos · SN107ChipForge · SN108Finsight · SN109Green Compute · SN110Claims · SN111THOR · SN112SOMA · SN114MoirAI · SN115Carbon · SN116everyframe.studio · SN117CapabilityForge Next · SN119Affine · SN120sundae_bar · SN121CookingTAO · SN122MANTIS · SN123Swarm · SN124Refinery · SN125Attelier · SN126Astrid · SN127ByteLeap · SN128Targon · SN4Almanac · SN41Chutes · SN64Bitcast · SN93Ditto · SN118ChutesTargonBitcastAlmanacDittolium.ioChronoLLMEnigma← CAPITAL LEAVING39 subnets · -9.3K τCAPITAL ENTERING →17 subnets · +8.0K τMARKET CAP · LOG SCALENEUTRAL ±1% OF POOL
OutflowNeutralInflowExternal revenueSize = liquidity

114 mapped · 14 excluded for

Mapped subnets, from largest outflow to largest inflow: ChronoLLM: market cap $7.3M, net 24h flow -1.2K τ; REAX: market cap $1.8M, net 24h flow -237 τ; Bitcast: market cap $17M, net 24h flow -2.1K τ; Nodexo: market cap $2.3M, net 24h flow -363 τ; Green Compute: market cap $18M, net 24h flow -820 τ; Perturb: market cap $0.6M, net 24h flow -74 τ; MVTRX: market cap $3.6M, net 24h flow -361 τ; SayGM: market cap $36M, net 24h flow -1.1K τ; OpenRoboto: market cap $12M, net 24h flow -225 τ; Verathos: market cap $1.1M, net 24h flow -85 τ; Cathedral: market cap $1.6M, net 24h flow -75 τ; Quasar: market cap $10M, net 24h flow -382 τ; THOR: market cap $6.0M, net 24h flow -190 τ; True Performance Network: market cap $2.9M, net 24h flow -154 τ; RedTeam: market cap $14M, net 24h flow -329 τ; Carbon: market cap $1.2M, net 24h flow -34 τ; UR: market cap $6.7M, net 24h flow -274 τ; rec4ll: market cap $1.5M, net 24h flow -39 τ; Cortex: market cap $1.3M, net 24h flow -47 τ; CookingTAO: market cap $0.7M, net 24h flow -27 τ; Bitsec.ai: market cap $4.3M, net 24h flow -128 τ; Provenonce: market cap $1.0M, net 24h flow -25 τ; Nepher Robotics: market cap $3.6M, net 24h flow -82 τ; Attelier: market cap $1.7M, net 24h flow -46 τ; Umi: market cap $0.7M, net 24h flow -20 τ; Parked: market cap $3.1M, net 24h flow -124 τ; Investing: market cap $3.3M, net 24h flow -95 τ; Harnyx: market cap $1.2M, net 24h flow -42 τ; cascade: market cap $1.4M, net 24h flow -41 τ; Finsight: market cap $1.1M, net 24h flow -20 τ; KubeTEE: market cap $3.5M, net 24h flow -70 τ; Vidaio: market cap $5.8M, net 24h flow -169 τ; ChipForge: market cap $0.3M, net 24h flow -8 τ; hoτfloaτ: market cap $3.5M, net 24h flow -94 τ; Tag101: market cap $2.3M, net 24h flow -40 τ; Instant: market cap $3.9M, net 24h flow -87 τ; ByteLeap: market cap $3.0M, net 24h flow -42 τ; Claims: market cap $4.3M, net 24h flow -57 τ; sundae_bar: market cap $2.8M, net 24h flow -57 τ; Minos: market cap $16M, net 24h flow -192 τ; CapabilityForge Next: market cap $1.2M, net 24h flow -28 τ; NOVA: market cap $22M, net 24h flow -353 τ; MoirAI: market cap $1.3M, net 24h flow -29 τ; TAOstatus: market cap $4.5M, net 24h flow -47 τ; ItsAI: market cap $3.9M, net 24h flow -50 τ; CliqueAI: market cap $6.9M, net 24h flow -60 τ; Yanez: market cap $6.7M, net 24h flow -60 τ; Endure Network: market cap $4.2M, net 24h flow -55 τ; Ingot: market cap $6.1M, net 24h flow -65 τ; DaniLabs: market cap $4.4M, net 24h flow -49 τ; Aurelius: market cap $3.2M, net 24h flow -42 τ; Liquidity: market cap $6.8M, net 24h flow -63 τ; Witness: market cap $2.7M, net 24h flow -32 τ; Ralph: market cap $0.6M, net 24h flow -6 τ; ConnitoAI: market cap $1.8M, net 24h flow -14 τ; engy: market cap $48M, net 24h flow -174 τ; everyframe.studio: market cap $1.3M, net 24h flow -11 τ; Compute Horde: market cap $5.6M, net 24h flow -51 τ; Actual: market cap $23M, net 24h flow -95 τ; conjectures: market cap $3.2M, net 24h flow -20 τ; Hone: market cap $14M, net 24h flow -110 τ; Graphite: market cap $5.1M, net 24h flow -35 τ; Reliquary: market cap $5.9M, net 24h flow -39 τ; Dojo: market cap $7.4M, net 24h flow -41 τ; NeverPlayAlone: market cap $2.1M, net 24h flow -8 τ; Gradients: market cap $21M, net 24h flow -81 τ; Teutonic: market cap $33M, net 24h flow -110 τ; SOMA: market cap $12M, net 24h flow -8 τ; 404—GEN: market cap $11M, net 24h flow -4 τ; Pareton: market cap $6.1M, net 24h flow -2 τ; GPUForge: market cap $0.7M, net 24h flow +0 τ; blockmachine: market cap $12M, net 24h flow +6 τ; Cacheon: market cap $11M, net 24h flow +16 τ; Chutes: market cap $106M, net 24h flow +173 τ; Apex: market cap $8.3M, net 24h flow +21 τ; Hippius: market cap $22M, net 24h flow +45 τ; Swarm: market cap $9.7M, net 24h flow +22 τ; ReadyAI: market cap $4.0M, net 24h flow +25 τ; Zeus: market cap $5.3M, net 24h flow +20 τ; AlphaRidge.ai: market cap $2.7M, net 24h flow +14 τ; ORO: market cap $10M, net 24h flow +31 τ; Vanta: market cap $43M, net 24h flow +199 τ; Data Universe: market cap $5.8M, net 24h flow +42 τ; iota: market cap $31M, net 24h flow +147 τ; Desearch: market cap $3.7M, net 24h flow +22 τ; Ridges: market cap $12M, net 24h flow +92 τ; Score: market cap $50M, net 24h flow +262 τ; NIOME: market cap $3.1M, net 24h flow +28 τ; Allways: market cap $3.0M, net 24h flow +31 τ; Targon: market cap $80M, net 24h flow +809 τ; lium.io: market cap $143M, net 24h flow +1.3K τ; Refinery: market cap $2.1M, net 24h flow +39 τ; Beam: market cap $2.8M, net 24h flow +32 τ; StreetVision by NATIX: market cap $2.7M, net 24h flow +49 τ; MANTIS: market cap $2.4M, net 24h flow +49 τ; Gittensor: market cap $3.5M, net 24h flow +50 τ; Leadpoet: market cap $4.9M, net 24h flow +48 τ; InfiniteQuant: market cap $3.4M, net 24h flow +73 τ; Herald: market cap $2.2M, net 24h flow +43 τ; Almanac: market cap $9.9M, net 24h flow +203 τ; Affine: market cap $46M, net 24h flow +959 τ; AdTAO: market cap $5.8M, net 24h flow +120 τ; Numinous: market cap $3.3M, net 24h flow +117 τ; Synth: market cap $5.3M, net 24h flow +216 τ; Noah: market cap $2.8M, net 24h flow +62 τ; Ditto: market cap $3.1M, net 24h flow +126 τ; Trishool: market cap $9.3M, net 24h flow +317 τ; Astrid: market cap $1.7M, net 24h flow +96 τ; Attune: market cap $2.0M, net 24h flow +49 τ; Komms: market cap $3.0M, net 24h flow +304 τ; TrajectoryRL: market cap $9.1M, net 24h flow +998 τ; Quantum Compute: market cap $7.9M, net 24h flow +706 τ; BitMind: market cap $19M, net 24h flow +2.4K τ; Enigma: market cap $6.4M, net 24h flow +1.2K τ. The full directory with sorting and filters is at /subnets.

Network pulse

120 active subnets

Net 24h flow

+203 τ

buys − sells

24h volume

154.1K τ

BoughtSold
37% · 4372 · 63%
ConcentrationRest of network
35%65%
TAO $247Strongest momentum Enigma Heating Up

Valuation pulse

Explore valuation →

Revenue-backed cap

$215M

5 subnets · live

Annualized revenue

$13M

32d old · AGING

Aggregate multiple

16.1×

cap ÷ revenue

Revenue multiple · log scale

9.9× → 255×

← Lower multipleHigher multiple →

Revenue coverage

Subnets3.9%

5 / 128

Market cap7.4%

$215M

Flow extremes

View all flows →
↓ OutflowInflow ↑

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Research, not financial advice.