Daily briefing

October 29, 2026

Archived briefing. These are the numbers as they stood on 2026-10-29 — not recalculated with today's data.

Atlas Regime

High confidence

DEFENSIVE

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

Regime history · 4d

Oct 26 → Oct 29

  1. S
  2. S
  3. D
  4. D

2026-10-26: SELECTIVE. 2026-10-27: SELECTIVE. 2026-10-28: DEFENSIVE. 2026-10-29: DEFENSIVE

What changed

vs Oct 28

Outflow deepened

Net flow widened 222% to -5.5K τ, while buyers and sellers stayed close to balanced at 38 up / 65 down.

What to watch today

signals, not recommendations
Outflow confirmed-1.9K τ
Score

Second day of selling · Moderate outflow

-841 τ yesterday, -1.9K τ today — the direction held.

Reversing+1.9K τ
Vanta

Flipped to inflow · Moderate inflow

Went from -414 τ yesterday to +1.9K τ today.

Emerging+1.0K τ
Quantum Compute

Climbing the flow table · Strong inflow

Net-flow rank #118 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 · SN23ms.computer · SN24UR · SN25Perturb · SN26Komms · SN27SayGM · SN28hoτfloaτ · SN29Endure Network · SN30rec4ll · SN31ItsAI · SN32ReadyAI · SN33Yugos · 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 · SN72Elenost · SN73Gittensor · SN74Hippius · SN75Liquidity · SN77Umi · SN78MVTRX · SN79OpenRoboto · SN80Reliquary · SN81Noah · SN82CliqueAI · SN83Vidaio · SN85Provenonce · SN87Investing · SN88InfiniteQuant · SN89KubeTEE · SN90cascade · SN91REAX · SN92Cathedral · SN94Actual · SN95Verathos · SN96Ingot · SN97NeverPlayAlone · SN98Cortex · SN100Tag101 · SN101ConnitoAI · SN102Terza Inference · SN103TAOstatus · 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 · SN127Targon · SN4Almanac · SN41Chutes · SN64Bitcast · SN93Ditto · SN118ChutesTargonBitcastAlmanacDittolium.ioChronoLLMCarbon← CAPITAL LEAVING27 subnets · -11.0K τCAPITAL ENTERING →11 subnets · +5.8K 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 $4.2M, net 24h flow -2.3K τ; Bitsec.ai: market cap $3.8M, net 24h flow -264 τ; Investing: market cap $3.2M, net 24h flow -236 τ; Terza Inference: market cap $0.2M, net 24h flow -59 τ; Minos: market cap $14M, net 24h flow -1.5K τ; REAX: market cap $1.5M, net 24h flow -106 τ; Score: market cap $47M, net 24h flow -1.9K τ; ORO: market cap $10.0M, net 24h flow -405 τ; OpenRoboto: market cap $12M, net 24h flow -164 τ; Bitcast: market cap $16M, net 24h flow -500 τ; Finsight: market cap $1.0M, net 24h flow -27 τ; Cortex: market cap $1.4M, net 24h flow -43 τ; SOMA: market cap $11M, net 24h flow -190 τ; Ingot: market cap $6.3M, net 24h flow -204 τ; Cathedral: market cap $1.6M, net 24h flow -38 τ; SayGM: market cap $41M, net 24h flow -525 τ; ChipForge: market cap $0.3M, net 24h flow -10 τ; THOR: market cap $6.4M, net 24h flow -123 τ; RedTeam: market cap $12M, net 24h flow -211 τ; conjectures: market cap $3.2M, net 24h flow -94 τ; Komms: market cap $2.9M, net 24h flow -79 τ; Synth: market cap $5.1M, net 24h flow -122 τ; MoirAI: market cap $1.2M, net 24h flow -39 τ; NIOME: market cap $3.5M, net 24h flow -77 τ; KubeTEE: market cap $3.7M, net 24h flow -61 τ; DaniLabs: market cap $4.8M, net 24h flow -97 τ; Targon: market cap $84M, net 24h flow -1.5K τ; Pareton: market cap $6.1M, net 24h flow -133 τ; Swarm: market cap $9.7M, net 24h flow -116 τ; cascade: market cap $1.8M, net 24h flow -28 τ; Yanez: market cap $6.5M, net 24h flow -72 τ; NeverPlayAlone: market cap $2.1M, net 24h flow -35 τ; CapabilityForge Next: market cap $1.2M, net 24h flow -21 τ; Affine: market cap $46M, net 24h flow -505 τ; Teutonic: market cap $34M, net 24h flow -458 τ; Yugos: market cap $19M, net 24h flow -235 τ; Leadpoet: market cap $4.7M, net 24h flow -30 τ; Reliquary: market cap $5.9M, net 24h flow -94 τ; Desearch: market cap $3.6M, net 24h flow -41 τ; UR: market cap $6.9M, net 24h flow -60 τ; Green Compute: market cap $21M, net 24h flow -59 τ; Ditto: market cap $3.0M, net 24h flow -23 τ; ConnitoAI: market cap $1.8M, net 24h flow -15 τ; Actual: market cap $22M, net 24h flow -105 τ; blockmachine: market cap $12M, net 24h flow -134 τ; rec4ll: market cap $1.5M, net 24h flow -7 τ; GPUForge: market cap $0.7M, net 24h flow -4 τ; Ralph: market cap $0.6M, net 24h flow -5 τ; Gradients: market cap $20M, net 24h flow -194 τ; Harnyx: market cap $1.2M, net 24h flow -8 τ; CliqueAI: market cap $6.9M, net 24h flow -27 τ; Hone: market cap $14M, net 24h flow -111 τ; ReadyAI: market cap $3.9M, net 24h flow -36 τ; Numinous: market cap $3.2M, net 24h flow -21 τ; Trishool: market cap $8.9M, net 24h flow -25 τ; 404—GEN: market cap $11M, net 24h flow -58 τ; Herald: market cap $2.2M, net 24h flow -8 τ; Nodexo: market cap $2.3M, net 24h flow -11 τ; Perturb: market cap $0.6M, net 24h flow -2 τ; CookingTAO: market cap $0.8M, net 24h flow -2 τ; Chutes: market cap $107M, net 24h flow -328 τ; sundae_bar: market cap $2.8M, net 24h flow -7 τ; Vidaio: market cap $5.8M, net 24h flow -15 τ; Tag101: market cap $2.4M, net 24h flow -4 τ; InfiniteQuant: market cap $3.4M, net 24h flow -7 τ; Apex: market cap $8.2M, net 24h flow -22 τ; iota: market cap $31M, net 24h flow -41 τ; ItsAI: market cap $3.9M, net 24h flow -3 τ; Liquidity: market cap $6.7M, net 24h flow -6 τ; hoτfloaτ: market cap $3.6M, net 24h flow -2 τ; Umi: market cap $0.9M, net 24h flow -0 τ; Ridges: market cap $12M, net 24h flow -3 τ; Endure Network: market cap $4.3M, net 24h flow -0 τ; Noah: market cap $2.8M, net 24h flow +0 τ; TAOstatus: market cap $4.6M, net 24h flow +1 τ; Witness: market cap $2.8M, net 24h flow +3 τ; Elenost: market cap $3.1M, net 24h flow +5 τ; Provenonce: market cap $1.3M, net 24h flow +1 τ; AlphaRidge.ai: market cap $2.8M, net 24h flow +8 τ; Dojo: market cap $7.5M, net 24h flow +35 τ; Refinery: market cap $2.0M, net 24h flow +11 τ; Compute Horde: market cap $5.7M, net 24h flow +27 τ; MVTRX: market cap $3.8M, net 24h flow +15 τ; Data Universe: market cap $5.8M, net 24h flow +39 τ; Verathos: market cap $1.0M, net 24h flow +5 τ; Aurelius: market cap $3.3M, net 24h flow +18 τ; StreetVision by NATIX: market cap $2.7M, net 24h flow +16 τ; Hippius: market cap $23M, net 24h flow +92 τ; Claims: market cap $4.4M, net 24h flow +15 τ; Nepher Robotics: market cap $3.5M, net 24h flow +11 τ; Zeus: market cap $5.3M, net 24h flow +28 τ; Attelier: market cap $1.8M, net 24h flow +8 τ; Allways: market cap $3.1M, net 24h flow +17 τ; MANTIS: market cap $2.5M, net 24h flow +19 τ; Graphite: market cap $5.3M, net 24h flow +45 τ; everyframe.studio: market cap $1.3M, net 24h flow +10 τ; Gittensor: market cap $3.6M, net 24h flow +24 τ; AdTAO: market cap $6.1M, net 24h flow +41 τ; NOVA: market cap $23M, net 24h flow +187 τ; True Performance Network: market cap $2.8M, net 24h flow +35 τ; Instant: market cap $3.5M, net 24h flow +60 τ; lium.io: market cap $157M, net 24h flow +1.9K τ; ms.computer: market cap $14M, net 24h flow +139 τ; Beam: market cap $3.2M, net 24h flow +50 τ; Astrid: market cap $2.0M, net 24h flow +36 τ; engy: market cap $50M, net 24h flow +495 τ; Attune: market cap $2.4M, net 24h flow +20 τ; TrajectoryRL: market cap $9.5M, net 24h flow +400 τ; Enigma: market cap $7.6M, net 24h flow +261 τ; Vanta: market cap $45M, net 24h flow +1.9K τ; Cacheon: market cap $12M, net 24h flow +800 τ; Almanac: market cap $11M, net 24h flow +724 τ; Quantum Compute: market cap $10M, net 24h flow +1.0K τ; Carbon: market cap $1.7M, net 24h flow +130 τ. The full directory with sorting and filters is at /subnets.

Network pulse

120 active subnets

Net 24h flow

-5.5K τ

buys − sells

24h volume

145.8K τ

BoughtSold
37% · 3865 · 63%
ConcentrationRest of network
42%58%
TAO $251Strongest momentum Carbon Active

Valuation pulse

Explore valuation →

Revenue-backed cap

$221M

5 subnets · live

Annualized revenue

$13M

32d old · AGING

Aggregate multiple

16.4×

cap ÷ revenue

Revenue multiple · log scale

10.4× → 252×

← Lower multipleHigher multiple →

Revenue coverage

Subnets3.9%

5 / 128

Market cap7.4%

$221M

Flow extremes

View all flows →
↓ OutflowInflow ↑

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Research, not financial advice.