Daily briefing
November 1, 2026
Atlas Regime
High confidenceDEFENSIVE
Capital is leaving subnets broadly — more subnets are being sold than bought.
What changed
vs Oct 31The network tightened overnight
SELECTIVE → DEFENSIVE
Net flow narrowed 33% to -2.1K τ, while buyers and sellers stayed close to balanced at 42 up / 57 down.
Network
What to watch today
signals, not recommendationsSecond day of selling · Moderate outflow
-128 τ yesterday, -1.0K τ today — the direction held.
Losing force · Moderate inflow
+499 τ yesterday down to +94 τ today — same direction, roughly half the size.
Atlas Map
Capital movement across the subnet economy
115 mapped · 13 excluded for
Mapped subnets, from largest outflow to largest inflow: SayGM: market cap $38M, net 24h flow -1.0K τ; RedTeam: market cap $7.3M, net 24h flow -877 τ; REAX: market cap $2.0M, net 24h flow -158 τ; Finsight: market cap $0.9M, net 24h flow -42 τ; Ditto: market cap $2.9M, net 24h flow -374 τ; OpenRoboto: market cap $8.2M, net 24h flow -107 τ; Bitsec.ai: market cap $3.6M, net 24h flow -103 τ; ORO: market cap $9.0M, net 24h flow -223 τ; Provenonce: market cap $1.4M, net 24h flow -24 τ; SOMA: market cap $9.0M, net 24h flow -103 τ; Hippius: market cap $22M, net 24h flow -333 τ; Gittensor: market cap $3.0M, net 24h flow -45 τ; Ingot: market cap $5.9M, net 24h flow -78 τ; Enigma: market cap $6.5M, net 24h flow -81 τ; Minos: market cap $12M, net 24h flow -113 τ; MVTRX: market cap $3.8M, net 24h flow -43 τ; conjectures: market cap $3.0M, net 24h flow -36 τ; Synth: market cap $4.7M, net 24h flow -54 τ; THOR: market cap $5.5M, net 24h flow -36 τ; Pareton: market cap $5.6M, net 24h flow -73 τ; Refinery: market cap $1.9M, net 24h flow -25 τ; DaniLabs: market cap $4.4M, net 24h flow -39 τ; Ralph: market cap $0.5M, net 24h flow -6 τ; ChronoLLM: market cap $3.1M, net 24h flow -23 τ; Harnyx: market cap $1.1M, net 24h flow -10 τ; lium.io: market cap $152M, net 24h flow -656 τ; Perturb: market cap $0.6M, net 24h flow -4 τ; cascade: market cap $1.7M, net 24h flow -9 τ; Witness: market cap $2.6M, net 24h flow -19 τ; rec4ll: market cap $1.4M, net 24h flow -4 τ; CliqueAI: market cap $6.5M, net 24h flow -21 τ; Umi: market cap $0.7M, net 24h flow -3 τ; Score: market cap $42M, net 24h flow -161 τ; Trishool: market cap $8.6M, net 24h flow -25 τ; Allways: market cap $3.0M, net 24h flow -14 τ; Elenost: market cap $2.8M, net 24h flow -14 τ; Teutonic: market cap $31M, net 24h flow -153 τ; Leadpoet: market cap $4.4M, net 24h flow -9 τ; Desearch: market cap $3.4M, net 24h flow -14 τ; Gradients: market cap $19M, net 24h flow -88 τ; Herald: market cap $2.1M, net 24h flow -6 τ; 404—GEN: market cap $10M, net 24h flow -41 τ; Ridges: market cap $11M, net 24h flow -47 τ; iota: market cap $28M, net 24h flow -78 τ; InfiniteQuant: market cap $3.2M, net 24h flow -9 τ; Instant: market cap $3.2M, net 24h flow -11 τ; Green Compute: market cap $19M, net 24h flow -15 τ; TAOstatus: market cap $4.3M, net 24h flow -8 τ; Tag101: market cap $2.2M, net 24h flow -4 τ; ItsAI: market cap $3.7M, net 24h flow -7 τ; Hone: market cap $13M, net 24h flow -33 τ; Actual: market cap $20M, net 24h flow -21 τ; Yugos: market cap $18M, net 24h flow -32 τ; Targon: market cap $80M, net 24h flow -109 τ; CookingTAO: market cap $0.7M, net 24h flow -1 τ; Swarm: market cap $8.8M, net 24h flow -9 τ; GPUForge: market cap $0.6M, net 24h flow -1 τ; KubeTEE: market cap $3.5M, net 24h flow -3 τ; engy: market cap $44M, net 24h flow -22 τ; Liquidity: market cap $6.3M, net 24h flow -7 τ; Noah: market cap $3.0M, net 24h flow -1 τ; Data Universe: market cap $5.3M, net 24h flow -8 τ; Investing: market cap $3.0M, net 24h flow -2 τ; Chutes: market cap $100M, net 24h flow -49 τ; ByteLeap: market cap $2.9M, net 24h flow -1 τ; Dojo: market cap $7.1M, net 24h flow -3 τ; hoτfloaτ: market cap $3.4M, net 24h flow -1 τ; Compute Horde: market cap $5.4M, net 24h flow -1 τ; sundae_bar: market cap $2.6M, net 24h flow -0 τ; blockmachine: market cap $11M, net 24h flow -2 τ; Graphite: market cap $4.9M, net 24h flow +0 τ; Apex: market cap $7.7M, net 24h flow +5 τ; Bitcast: market cap $15M, net 24h flow +19 τ; Terza Inference: market cap $0.3M, net 24h flow +1 τ; Vanta: market cap $43M, net 24h flow +119 τ; Zeus: market cap $5.0M, net 24h flow +15 τ; StreetVision by NATIX: market cap $2.6M, net 24h flow +10 τ; ChipForge: market cap $0.3M, net 24h flow +1 τ; Affine: market cap $44M, net 24h flow +142 τ; AlphaRidge.ai: market cap $2.6M, net 24h flow +13 τ; Cacheon: market cap $11M, net 24h flow +65 τ; CapabilityForge Next: market cap $1.1M, net 24h flow +8 τ; Numinous: market cap $3.1M, net 24h flow +19 τ; AdTAO: market cap $6.2M, net 24h flow +25 τ; Beam: market cap $4.1M, net 24h flow +15 τ; Nodexo: market cap $2.2M, net 24h flow +16 τ; Endure Network: market cap $4.1M, net 24h flow +24 τ; Cortex: market cap $1.4M, net 24h flow +6 τ; ReadyAI: market cap $3.7M, net 24h flow +37 τ; Vidaio: market cap $5.2M, net 24h flow +43 τ; Reliquary: market cap $5.6M, net 24h flow +59 τ; NOVA: market cap $21M, net 24h flow +168 τ; Komms: market cap $2.7M, net 24h flow +26 τ; Claims: market cap $4.2M, net 24h flow +26 τ; MoirAI: market cap $1.3M, net 24h flow +17 τ; Aurelius: market cap $3.1M, net 24h flow +37 τ; Carbon: market cap $2.0M, net 24h flow +9 τ; Nepher Robotics: market cap $3.2M, net 24h flow +23 τ; Verathos: market cap $1.0M, net 24h flow +13 τ; Attune: market cap $2.1M, net 24h flow +9 τ; MANTIS: market cap $2.4M, net 24h flow +47 τ; ConnitoAI: market cap $1.7M, net 24h flow +26 τ; Astrid: market cap $2.8M, net 24h flow +35 τ; UR: market cap $5.4M, net 24h flow +105 τ; NIOME: market cap $2.9M, net 24h flow +65 τ; Yanez: market cap $6.1M, net 24h flow +93 τ; Attelier: market cap $1.9M, net 24h flow +29 τ; Cathedral: market cap $1.6M, net 24h flow +24 τ; TrajectoryRL: market cap $8.1M, net 24h flow +233 τ; everyframe.studio: market cap $3.6M, net 24h flow +94 τ; Quantum Compute: market cap $11M, net 24h flow +358 τ; Almanac: market cap $11M, net 24h flow +401 τ; True Performance Network: market cap $2.7M, net 24h flow +138 τ; ms.computer: market cap $15M, net 24h flow +659 τ; NeverPlayAlone: market cap $2.3M, net 24h flow +429 τ. The full directory with sorting and filters is at /subnets.
Network pulse
120 active subnetsNet 24h flow
-2.1K τ
buys − sells
24h volume
96.2K τ
Valuation pulse
Explore valuation →Revenue-backed cap
$209M
5 subnets · live
Annualized revenue
$13M
32d old · AGING
Aggregate multiple
15.6×
cap ÷ revenue
Revenue multiple · log scale
9.9× → 245×
Revenue coverage
5 / 128
$209M
Flow extremes
View all flows →Share this briefing
Research, not financial advice.
