Daily briefing

October 31, 2026

Archived briefing. These are the numbers as they stood on 2026-10-31 — not recalculated with today's data.

Atlas Regime

Medium confidence

SELECTIVE

The network is moving, but not together — buyers and sellers are evenly split.

Regime history · 6d

Oct 26 → Oct 31

  1. S
  2. S
  3. D
  4. D
  5. D
  6. S

2026-10-26: SELECTIVE. 2026-10-27: SELECTIVE. 2026-10-28: DEFENSIVE. 2026-10-29: DEFENSIVE. 2026-10-30: DEFENSIVE. 2026-10-31: SELECTIVE

What changed

vs Oct 30

The network eased overnight

DEFENSIVE → SELECTIVE

Net flow narrowed 37% to -3.1K τ, while buyers and sellers stayed close to balanced at 43 up / 48 down.

Network

Atlas RegimeDEFENSIVESELECTIVE
Net flow-4.9K τ-3.1K τ (↑ 37%)

What to watch today

signals, not recommendations
Outflow confirmed-976 τ
TrajectoryRL

Second day of selling · Strong outflow

-244 τ yesterday, -976 τ today — the direction held.

Reversing+265 τ
Trishool

Flipped to inflow · Moderate inflow

Went from -90 τ yesterday to +265 τ today.

Weakening-208 τ
RedTeam

Losing force · Moderate outflow

-1.4K τ yesterday down to -208 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 · 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 · SN127ByteLeap · SN128Targon · SN4Almanac · SN41Chutes · SN64Bitcast · SN93Ditto · SN118ChutesTargonBitcastAlmanacDittolium.ioUmi← CAPITAL LEAVING17 subnets · -5.2K τCAPITAL ENTERING →20 subnets · +3.7K τMARKET CAP · LOG SCALENEUTRAL ±1% OF POOL
OutflowNeutralInflowExternal revenueSize = liquidity

115 mapped · 13 excluded for

Mapped subnets, from largest outflow to largest inflow: UR: market cap $5.5M, net 24h flow -867 τ; Umi: market cap $0.7M, net 24h flow -90 τ; TrajectoryRL: market cap $7.9M, net 24h flow -976 τ; Gittensor: market cap $3.0M, net 24h flow -250 τ; NIOME: market cap $2.8M, net 24h flow -261 τ; OpenRoboto: market cap $8.4M, net 24h flow -206 τ; Green Compute: market cap $19M, net 24h flow -295 τ; engy: market cap $43M, net 24h flow -740 τ; SOMA: market cap $9.1M, net 24h flow -183 τ; RedTeam: market cap $8.6M, net 24h flow -208 τ; Enigma: market cap $6.6M, net 24h flow -224 τ; Bitcast: market cap $14M, net 24h flow -374 τ; Minos: market cap $12M, net 24h flow -237 τ; Data Universe: market cap $5.3M, net 24h flow -204 τ; Finsight: market cap $0.9M, net 24h flow -14 τ; Carbon: market cap $2.0M, net 24h flow -19 τ; DaniLabs: market cap $4.5M, net 24h flow -86 τ; ORO: market cap $9.2M, net 24h flow -131 τ; ChipForge: market cap $0.3M, net 24h flow -4 τ; Teutonic: market cap $31M, net 24h flow -483 τ; True Performance Network: market cap $2.6M, net 24h flow -37 τ; Yugos: market cap $18M, net 24h flow -231 τ; Targon: market cap $80M, net 24h flow -838 τ; Pareton: market cap $5.6M, net 24h flow -80 τ; iota: market cap $28M, net 24h flow -294 τ; Instant: market cap $3.2M, net 24h flow -41 τ; NOVA: market cap $21M, net 24h flow -199 τ; Ralph: market cap $0.5M, net 24h flow -6 τ; SayGM: market cap $40M, net 24h flow -128 τ; Tag101: market cap $2.2M, net 24h flow -14 τ; Allways: market cap $3.0M, net 24h flow -20 τ; Affine: market cap $43M, net 24h flow -235 τ; GPUForge: market cap $0.6M, net 24h flow -3 τ; Apex: market cap $7.6M, net 24h flow -59 τ; CliqueAI: market cap $6.4M, net 24h flow -21 τ; Actual: market cap $20M, net 24h flow -54 τ; Elenost: market cap $2.8M, net 24h flow -13 τ; Harnyx: market cap $1.1M, net 24h flow -5 τ; Chutes: market cap $100M, net 24h flow -372 τ; CookingTAO: market cap $0.7M, net 24h flow -2 τ; Gradients: market cap $19M, net 24h flow -80 τ; Ingot: market cap $5.9M, net 24h flow -16 τ; ItsAI: market cap $3.7M, net 24h flow -9 τ; Zeus: market cap $5.0M, net 24h flow -13 τ; CapabilityForge Next: market cap $1.1M, net 24h flow -4 τ; Endure Network: market cap $4.1M, net 24h flow -10 τ; Hone: market cap $13M, net 24h flow -34 τ; Herald: market cap $2.1M, net 24h flow -4 τ; MANTIS: market cap $2.3M, net 24h flow -5 τ; InfiniteQuant: market cap $3.2M, net 24h flow -5 τ; ConnitoAI: market cap $1.7M, net 24h flow -2 τ; Desearch: market cap $3.4M, net 24h flow -5 τ; Liquidity: market cap $6.3M, net 24h flow -7 τ; AlphaRidge.ai: market cap $2.6M, net 24h flow -4 τ; Dojo: market cap $7.0M, net 24h flow -10 τ; blockmachine: market cap $11M, net 24h flow -15 τ; Aurelius: market cap $3.0M, net 24h flow -2 τ; TAOstatus: market cap $4.3M, net 24h flow -1 τ; Compute Horde: market cap $5.4M, net 24h flow -2 τ; NeverPlayAlone: market cap $1.9M, net 24h flow -1 τ; ByteLeap: market cap $2.9M, net 24h flow -0 τ; hoτfloaτ: market cap $3.4M, net 24h flow -1 τ; Witness: market cap $2.6M, net 24h flow -0 τ; sundae_bar: market cap $2.6M, net 24h flow -0 τ; Vanta: market cap $42M, net 24h flow -2 τ; KubeTEE: market cap $3.5M, net 24h flow +1 τ; ReadyAI: market cap $3.6M, net 24h flow +2 τ; Graphite: market cap $4.9M, net 24h flow +4 τ; rec4ll: market cap $1.4M, net 24h flow +1 τ; Komms: market cap $2.7M, net 24h flow +3 τ; conjectures: market cap $3.0M, net 24h flow +4 τ; Claims: market cap $4.1M, net 24h flow +4 τ; Refinery: market cap $1.9M, net 24h flow +4 τ; Investing: market cap $3.0M, net 24h flow +6 τ; StreetVision by NATIX: market cap $2.5M, net 24h flow +9 τ; Swarm: market cap $9.0M, net 24h flow +18 τ; Ridges: market cap $11M, net 24h flow +48 τ; Reliquary: market cap $5.6M, net 24h flow +34 τ; Leadpoet: market cap $4.4M, net 24h flow +11 τ; Numinous: market cap $3.1M, net 24h flow +17 τ; Cacheon: market cap $11M, net 24h flow +64 τ; MVTRX: market cap $3.8M, net 24h flow +21 τ; Score: market cap $42M, net 24h flow +188 τ; Hippius: market cap $22M, net 24h flow +117 τ; ChronoLLM: market cap $3.1M, net 24h flow +18 τ; 404—GEN: market cap $10M, net 24h flow +81 τ; Vidaio: market cap $5.2M, net 24h flow +46 τ; Nodexo: market cap $2.2M, net 24h flow +28 τ; Yanez: market cap $5.9M, net 24h flow +43 τ; lium.io: market cap $153M, net 24h flow +992 τ; Verathos: market cap $1.0M, net 24h flow +13 τ; Bitsec.ai: market cap $3.8M, net 24h flow +36 τ; Nepher Robotics: market cap $3.2M, net 24h flow +24 τ; Synth: market cap $4.8M, net 24h flow +61 τ; MoirAI: market cap $1.2M, net 24h flow +31 τ; Attune: market cap $2.1M, net 24h flow +19 τ; Almanac: market cap $10M, net 24h flow +244 τ; Cathedral: market cap $1.5M, net 24h flow +32 τ; ms.computer: market cap $14M, net 24h flow +239 τ; Noah: market cap $3.0M, net 24h flow +46 τ; THOR: market cap $5.6M, net 24h flow +124 τ; Quantum Compute: market cap $11M, net 24h flow +279 τ; Cortex: market cap $1.4M, net 24h flow +45 τ; Trishool: market cap $8.6M, net 24h flow +265 τ; AdTAO: market cap $6.2M, net 24h flow +248 τ; cascade: market cap $1.7M, net 24h flow +105 τ; Attelier: market cap $1.8M, net 24h flow +100 τ; Beam: market cap $4.3M, net 24h flow +272 τ; Perturb: market cap $0.7M, net 24h flow +70 τ; Provenonce: market cap $1.4M, net 24h flow +82 τ; REAX: market cap $2.1M, net 24h flow +308 τ; Terza Inference: market cap $0.3M, net 24h flow +46 τ; everyframe.studio: market cap $2.9M, net 24h flow +499 τ; Ditto: market cap $3.3M, net 24h flow +294 τ; Astrid: market cap $2.7M, net 24h flow +404 τ. The full directory with sorting and filters is at /subnets.

Network pulse

120 active subnets

Net 24h flow

-3.1K τ

buys − sells

24h volume

102.5K τ

BoughtSold
47% · 4348 · 53%
ConcentrationRest of network
31%69%
TAO $235Strongest momentum everyframe.studio Heating Up

Valuation pulse

Explore valuation →

Revenue-backed cap

$207M

5 subnets · live

Annualized revenue

$13M

32d old · AGING

Aggregate multiple

15.4×

cap ÷ revenue

Revenue multiple · log scale

9.8× → 277×

← Lower multipleHigher multiple →

Revenue coverage

Subnets3.9%

5 / 128

Market cap7.4%

$207M

Flow extremes

View all flows →
↓ OutflowInflow ↑

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Research, not financial advice.