Daily briefing

October 26, 2026

Archived briefing. These are the numbers as they stood on 2026-10-26 — 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.

What changed

vs Oct 25

Outflow deepened

Net flow widened 24% to -1.7K τ, while buyers and sellers stayed close to balanced at 33 up / 66 down.

What to watch today

signals, not recommendations
Outflow confirmed-712 τ
Score

Second day of selling · Moderate outflow

-65 τ yesterday, -712 τ today — the direction held.

Reversing+746 τ
Quantum Compute

Flipped to inflow · Strong inflow

Went from -50 τ yesterday to +746 τ today.

Emerging+712 τ
Enigma

Climbing the flow table · Strong inflow

Net-flow rank #16 yesterday, #3 today.

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 · SN46Quantum 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.ioSOMAEnigma← CAPITAL LEAVING14 subnets · -3.6K τCAPITAL ENTERING →15 subnets · +3.2K τMARKET CAP · LOG SCALENEUTRAL ±1% OF POOL
OutflowNeutralInflowExternal revenueSize = liquidity

113 mapped · 15 excluded for

Mapped subnets, from largest outflow to largest inflow: True Performance Network: market cap $2.8M, net 24h flow -177 τ; OpenRoboto: market cap $12M, net 24h flow -164 τ; Cathedral: market cap $1.7M, net 24h flow -63 τ; SOMA: market cap $11M, net 24h flow -341 τ; RedTeam: market cap $14M, net 24h flow -367 τ; Attune: market cap $1.9M, net 24h flow -29 τ; Umi: market cap $0.7M, net 24h flow -17 τ; ChipForge: market cap $0.3M, net 24h flow -8 τ; Actual: market cap $23M, net 24h flow -353 τ; AlphaRidge.ai: market cap $2.7M, net 24h flow -66 τ; Minos: market cap $15M, net 24h flow -218 τ; Score: market cap $50M, net 24h flow -712 τ; Gradients: market cap $21M, net 24h flow -533 τ; iota: market cap $31M, net 24h flow -569 τ; Hone: market cap $14M, net 24h flow -281 τ; Swarm: market cap $9.8M, net 24h flow -103 τ; Parked: market cap $3.1M, net 24h flow -50 τ; Synth: market cap $5.2M, net 24h flow -71 τ; Nodexo: market cap $2.3M, net 24h flow -41 τ; DaniLabs: market cap $4.6M, net 24h flow -55 τ; Ridges: market cap $12M, net 24h flow -179 τ; Bitsec.ai: market cap $4.4M, net 24h flow -39 τ; Verathos: market cap $1.1M, net 24h flow -13 τ; Noah: market cap $2.8M, net 24h flow -13 τ; BitMind: market cap $19M, net 24h flow -200 τ; NeverPlayAlone: market cap $2.1M, net 24h flow -21 τ; REAX: market cap $1.9M, net 24h flow -14 τ; Witness: market cap $2.7M, net 24h flow -28 τ; Nepher Robotics: market cap $3.7M, net 24h flow -18 τ; AdTAO: market cap $6.0M, net 24h flow -37 τ; Ralph: market cap $0.6M, net 24h flow -5 τ; Attelier: market cap $1.7M, net 24h flow -9 τ; Vanta: market cap $43M, net 24h flow -312 τ; Chutes: market cap $106M, net 24h flow -714 τ; Desearch: market cap $3.7M, net 24h flow -24 τ; blockmachine: market cap $12M, net 24h flow -96 τ; Harnyx: market cap $1.2M, net 24h flow -7 τ; ItsAI: market cap $4.0M, net 24h flow -20 τ; Almanac: market cap $10M, net 24h flow -47 τ; Affine: market cap $46M, net 24h flow -206 τ; CliqueAI: market cap $7.0M, net 24h flow -22 τ; ByteLeap: market cap $3.1M, net 24h flow -10 τ; sundae_bar: market cap $2.8M, net 24h flow -13 τ; InfiniteQuant: market cap $3.4M, net 24h flow -14 τ; engy: market cap $48M, net 24h flow -79 τ; Refinery: market cap $2.0M, net 24h flow -10 τ; Compute Horde: market cap $5.7M, net 24h flow -23 τ; Ingot: market cap $6.2M, net 24h flow -19 τ; ChronoLLM: market cap $7.6M, net 24h flow -14 τ; lium.io: market cap $148M, net 24h flow -302 τ; Trishool: market cap $9.1M, net 24h flow -15 τ; Liquidity: market cap $6.9M, net 24h flow -17 τ; rec4ll: market cap $1.5M, net 24h flow -3 τ; MANTIS: market cap $2.4M, net 24h flow -8 τ; ReadyAI: market cap $3.9M, net 24h flow -16 τ; TrajectoryRL: market cap $9.2M, net 24h flow -26 τ; Zeus: market cap $5.3M, net 24h flow -12 τ; 404—GEN: market cap $11M, net 24h flow -26 τ; Teutonic: market cap $33M, net 24h flow -79 τ; Allways: market cap $3.1M, net 24h flow -5 τ; StreetVision by NATIX: market cap $2.7M, net 24h flow -5 τ; Herald: market cap $2.3M, net 24h flow -2 τ; Endure Network: market cap $4.3M, net 24h flow -5 τ; Data Universe: market cap $5.8M, net 24h flow -10 τ; Yanez: market cap $6.6M, net 24h flow -5 τ; Apex: market cap $8.3M, net 24h flow -11 τ; UR: market cap $6.9M, net 24h flow -5 τ; CookingTAO: market cap $0.8M, net 24h flow -0 τ; conjectures: market cap $3.3M, net 24h flow -2 τ; Cacheon: market cap $11M, net 24h flow -7 τ; everyframe.studio: market cap $1.3M, net 24h flow -1 τ; Claims: market cap $4.4M, net 24h flow -1 τ; TAOstatus: market cap $4.5M, net 24h flow -0 τ; Graphite: market cap $5.2M, net 24h flow -0 τ; hoτfloaτ: market cap $3.6M, net 24h flow +0 τ; Aurelius: market cap $3.2M, net 24h flow +0 τ; Dojo: market cap $7.5M, net 24h flow +5 τ; Numinous: market cap $3.3M, net 24h flow +5 τ; Hippius: market cap $24M, net 24h flow +27 τ; ConnitoAI: market cap $1.8M, net 24h flow +3 τ; Provenonce: market cap $1.0M, net 24h flow +2 τ; Perturb: market cap $0.6M, net 24h flow +3 τ; Finsight: market cap $1.2M, net 24h flow +3 τ; Gittensor: market cap $3.6M, net 24h flow +18 τ; Ditto: market cap $3.1M, net 24h flow +17 τ; NOVA: market cap $23M, net 24h flow +149 τ; Reliquary: market cap $6.1M, net 24h flow +64 τ; Leadpoet: market cap $5.0M, net 24h flow +20 τ; Tag101: market cap $2.4M, net 24h flow +15 τ; Investing: market cap $3.4M, net 24h flow +31 τ; Komms: market cap $3.2M, net 24h flow +36 τ; CapabilityForge Next: market cap $1.2M, net 24h flow +21 τ; Pareton: market cap $6.2M, net 24h flow +115 τ; Targon: market cap $84M, net 24h flow +1.2K τ; MVTRX: market cap $3.9M, net 24h flow +59 τ; ORO: market cap $11M, net 24h flow +126 τ; THOR: market cap $6.2M, net 24h flow +64 τ; Vidaio: market cap $6.0M, net 24h flow +121 τ; Bitcast: market cap $18M, net 24h flow +265 τ; Carbon: market cap $1.2M, net 24h flow +17 τ; MoirAI: market cap $1.2M, net 24h flow +44 τ; cascade: market cap $1.7M, net 24h flow +44 τ; Cortex: market cap $1.4M, net 24h flow +30 τ; NIOME: market cap $3.4M, net 24h flow +91 τ; Green Compute: market cap $21M, net 24h flow +170 τ; SayGM: market cap $41M, net 24h flow +420 τ; Quasar: market cap $11M, net 24h flow +183 τ; KubeTEE: market cap $3.9M, net 24h flow +104 τ; Astrid: market cap $1.9M, net 24h flow +77 τ; Instant: market cap $3.6M, net 24h flow +203 τ; Quantum Compute: market cap $9.0M, net 24h flow +746 τ; Enigma: market cap $7.6M, net 24h flow +712 τ; Beam: market cap $3.1M, net 24h flow +142 τ. The full directory with sorting and filters is at /subnets.

Network pulse

119 active subnets

Net 24h flow

-1.7K τ

buys − sells

24h volume

81.2K τ

BoughtSold
33% · 3366 · 67%
ConcentrationRest of network
33%67%
TAO $252Strongest momentum Enigma Active

Valuation pulse

Explore valuation →

Revenue-backed cap

$222M

5 subnets · live

Annualized revenue

$13M

32d old · AGING

Aggregate multiple

16.6×

cap ÷ revenue

Revenue multiple · log scale

10.4× → 261×

← Lower multipleHigher multiple →

Revenue coverage

Subnets3.9%

5 / 128

Market cap7.4%

$222M

Flow extremes

View all flows →
↓ OutflowInflow ↑

Share this briefing

Research, not financial advice.