| Subnet | Category | TAM2026 vs forecast · sort | Market cap6 Oct 2026 · sort | Revenue$/yr · sort | Buybackssort | Dashboard | Revenue chartour dashboard · click to enlarge | Owner net buys, 30dred = net seller · sort |
|---|---|---|---|---|---|---|---|---|
| SN4 TargonConfidential GPU cloud + inference (Manifold Labs) | Compute & inference | $59.5M | Yes ~$10M/yr team-stated run-rate Woodman, fund call 13 Aug 2026 |
Yes ~2,000 TAO/mo bought, held staked buyback wallet 5D7b2X… on taostats |
Miner payouts and GPU fleet. No revenuestats.targon.com | None built | +$65,363 | |
| SN51 LiumGPU rental marketplace (Datura) | Compute & inference | $123.1M | Yes $16.2M/yr gross billings, 30d to 5 Oct; 5% take grafana.lium.io credit spend |
Yes Renters' TAO burned per rental Fish on the mechanism |
GPU rental spend per hour, fleet size, rentalsour dashboard | 6 Oct · open | +$1,559,301team-verified ✓ | |
| SN64 ChutesServerless open-model inference (Rayon Labs) | Compute & inference | 2026$118B2030$254B GVR |
$74.2M | Yes $2.5M/yr usage at list price, not cash api.chutes.ai/invocations/usage |
Claimed 100% policy; no burn ledger Jon Durbin, 6 Jul 2026 |
Tokens, users, GPUs; daily USD per modelour dashboard | derived · 6 Oct · open | None |
| SN53 EngyInference on commodity GPUs | Compute & inference | 2026$118B2030$254B GVR |
$53.6M | Claimed $0.9–2.4M/yr implied estimate: tokens × list price Ning, fund call 17 Aug 2026 |
Yes $128.6K bought and burned since 12 Aug provider.engy.ai/buyback |
Burn ledger, requests, tokens. No $ revenueour dashboard | derived · 6 Oct · open | −$19,550 |
| SN28 SayGMInference resale | Compute & inference | 2026$118B2030$254B GVR |
$35.2M | Yes $5.1M/yr gross traffic value, 7d saygm.com/miners |
Yes 9,523 alpha burned 16 Sep saygm.com/buybacks |
Traffic value and requests per epoch; monthly burnsour dashboard | 6 Oct · open | None |
| SN33 ReadyAIConversational-data enrichment API | Data & dev tools | $2.4M | Yes $87K/yr customer spend, 30d to 15 Sep readyai.ai/dashboard |
Yes 17 TAO burned in August extrinsic 9048873-0004 on taostats |
Daily customer spend in USDCour dashboard | 6 Oct · open | +$11,142 | |
| SN93 BitcastCreator ad network — brands pay, creators paid in alpha | Sales & marketing | 2026$1.1B2031$2B M&M |
$23.6M | Yes $0.4M/yr platform revenue, 30d to 6 Oct stats.bitcast.network |
Yes $276.7K bought, team ledger stats.bitcast.network buyback ledger |
Revenue and buybacks with tx links; creatorsour dashboard | 6 Oct · open | Noneteam-verified ✓ |
| SN60 BitsecAI code security (sentios.io) | Security & compliance | 2026$100M2031$7.6B Sherlock price bands × 624 protocols >$10M TVL · marketsandmarkets · thebusinessresearchcompany |
$4.9M | Yes No total disclosed 4 named clients, $1–5K/mo each sentios.io pricing |
Claimed Founder intent only taorevenue SN60 |
Contest stats only. No revenuebitsec.ai/api/analytics | None built | None |
| SN56 GradientsAutoML fine-tuning tournaments (Rayon Labs) | Model training | 2026$12B2034$86.2B TrendX |
$12.9M | Yes No figure disclosed tournament entry fees only G.O.D repo |
Claimed 103 TAO claimed, unretrieved taorevenue SN56 |
Training jobs and tournaments. No $ seriesapi.gradients.io/v1/network/status | None built | None |
| SN44 ScoreSports vision / analytics | Media & 3D | $46.7M | Claimed Claimed, no figure founder projection, unsourced Khala report: "no formal ARR disclosures" |
Claimed 70–80% of revenue claimed taorevenue SN44 |
Miner earnings and leaderboard. Buyback data privateconsole.scorestudio.ai | None built | None | |
| SN75 HippiusS3-compatible decentralised storage | Storage & network | 2026$11B2030$18.8B TBRC |
$17.7M | Yes ~$25K/yr customer credit buys, 30d Hippius chain credits (our dashboard) |
Claimed Wallet claimed, never shown @mogmachine 7 Aug |
Storage used and node count; credit purchases and billing on chainour dashboard | 6 Oct · open | −$131,607 |
| SN41 AlmanacPrediction-market research & intelligence (ex-Sportstensor) | Finance & markets | $8.5M | Yes ~$0.5M/yr implied estimate: 1% fee × volume api.almanac.market leaderboard/stats |
Yes $116.9K bought, team ledger almnc.ai/revenue |
Buyback ledger; daily trading volumeour dashboard | derived · 6 Oct · open | None | |
| SN54 YanezSynthetic-identity AML/KYC stress tests; Proof of Humanhood (Yanez Compliance) | Security & compliance | 2026$12.6B2031$26.8B disclosed vendor revenue · Juniper IDV ~$19B · mordorintelligence |
$8.3M | Claimed $340K ARR claimed team post 28 Jul, only source @yanez__ai 28 Jul 2026 |
Claimed Claimed; 4 wallets scanned, none found @yanez__ai 31 Jul ("roughly 20%") |
Miner stats only. No revenuetao-ui-dashboard.yanez.ai | None built | −$32,245team-verified ✓ |
| SN9 IOTADistributed pretraining (Macrocosmos) | Model training | 2026$12B2034$86.2B TrendX |
$30.7M | No None yet pilots only Squires, fund call 21 Aug 2026 |
No None taorevenue SN9 |
Tokens processed, miner slots. No customersdashboard/mainnet | None built | None |
| SN120 AffineRL post-training of an open model (king-of-the-hill distillation ended 29 Sep–3 Oct; now miners generate graded maths rollouts for one central trainer); run by Bittensor co-founder Const | Model training | 2026$12B2034$86.2B TrendX |
$38.8M | No None found research stage AffineFoundation/affine repo |
No None affine.io/llms.txt (pilot status) |
Model contest and benchmarks. No revenueaffine.io | None built | None |
| SN3 TeutonicKing-of-the-hill LLM pretraining (ex-Templar slot, retaken by holder vote 14 Aug); Teutonic-II-110B, reign 40 crowned 4 Oct | Model training | 2026$12B2034$86.2B TrendX |
$25.3M | No None found nothing for sale teutonic.ai |
No None found or claimed taorevenue SN3 |
King model, losses, benchmarks. Miner side onlyteutonic.ai | None built | None |
| SN61 RedTeamAI red-teaming / bot detection | Security & compliance | 2026$1.5B2030$2.4B BioCatch · TBRC bot mitigation · trendxinsights |
$17.2M | Claimed $1M+ claimed ("seven figures") team claim, 5 paying customers @_redteam_ 9 Jul article (clients) |
Claimed 150 TAO by 3 May; paused Sep @_redteam_ 16 Feb (doubled) |
Miner scores onlydashboard.theredteam.io | None built | Noneteam-verified ✓ |
| SN62 RidgesSWE agents | Data & dev tools | $7.9M | No None found $9.99/mo plan, no sales shown Ridgeline credits page |
No None; owner sells taorevenue SN62 |
Nothing public (bot-blocked)app.ridges.ai | None built | −$9,613 | |
| SN25 URPrivacy network / VPN | Storage & network | 2026$81.5B2035$156B MRFR · Precedence |
$8.9M | No No figure published ≤$2.1M/yr upper bound grafana.bringyour.com public stats |
No None found taorevenue SN25 |
Users, data moved, providers, countries. No $grafana.bringyour.com/stats | None built | None |
| SN80 OpenRobotoRobotics model competition | Robotics | 2026$2.1B2035$3.1B Precedence · VMR |
$14.6M | No None found revenue model announced 22 Sep openroboto.ai |
No None found taorevenue SN80 |
Leaderboards and submissions. No revenueleaderboard API | None built | None |
| SN49 Nepher RoboticsSim-first robotics tournaments (NVIDIA Isaac); pair with SN80 | Robotics | 2026$2.1B2035$3.1B Precedence · VMR |
$6.5M | No None found enterprise tier, nothing sold nepher.ai |
Claimed Dead-page claim; none on chain taorevenue SN49 |
Tournaments and fees. No revenuetournament API docs | None built | None |
| SN105 BeamProof-of-bandwidth data transfer | Storage & network | 2026$30.6B2035$164B WMR · Precedence |
$4.1M | Claimed Claimed, no figure clients unnamed @b1m_ai 6 Oct |
No None taorevenue SN105 |
Tasks and workers; figures look like placeholdersdata.b1m.ai | None built | None |
| SN107 MinosGenomics variant calling (winner-take-all) | Science | 2026$16.4B2035$33.5B Towards Healthcare · SNS |
$19.8M | No None found pre-revenue subnetalpha profile |
Claimed Planned only taorevenue SN107 |
Evaluations and miners. No revenuetheminos.ai/dashboard | None built | None |
| SN68 NOVA (Metanova)AI drug discovery — molecule & nanobody screening | Science | $25.6M | No None found 0 of 64 paid slots used metanova-labs.ai/partnerships |
No None; owner sells SN68 investment brief |
Molecules and competitions. No revenuemetanova-labs.ai/dashboard | None built | −$65,295 | |
| SN95 ActualPrivate inference on consumer hardware (Actual Computer Inc.) | Compute & inference | 2026$118B2030$254B GVR |
$29.0M | No None found pre-revenue actual.inc |
No None taorevenue SN95 |
None; model list onlymodels.actual.inc/index.json | None built | None |
| SN71 LeadpoetB2B sales intelligence (Arena: daily AI sales-agent competition) | Sales & marketing | 2026$4.9B2034$12.4B Fortune |
$5.6M | Claimed Customers, no figure customers named by type only @LeadpoetAI 23 Jul |
Claimed Planned; no transaction taorevenue SN71 (✓) |
Contest rounds; price listcompetition API | None built | Noneteam-verified ✓ |
| SN17 404-GENText-to-3D assets (Unity / Blender / Unreal plugins) | Media & 3D | 2026$2B2036$12.8B Meticulous · BRI |
$8.1M | Claimed Customers, no figure Square Enix, AAA studios claimed Opentensor, 13 Aug (Atlas launch) |
No None taorevenue SN17 (✓) |
Task counts since last restart. No $api-eu.404.xyz/metrics | None built | Noneteam-verified ✓ |
| SN114 SOMAPrompt/context compression, sold as discounted inference resale (Dendrite) | Compute & inference | 2026$118B2030$254B GVR |
$11.5M | No None found no figure found thesoma.ai |
No None found taorevenue SN114 |
None public yetthesoma.ai | None built | None |
| SN81 ReliquaryDecentralised RL post-training (GRPO): miners generate verified rollout groups; SFT data generation added 24 Sep | Model training | 2026$12B2034$86.2B TrendX |
$4.9M | No None found early access only reliqua.ai |
No None found or claimed taorevenue SN81 |
Auction leaderboard, training records. No revenuereliqua.ai/dashboard | None built | None |
Fund-call figures and the SubConnect index have no public link; transcripts are archived in Research/Meetings/ and the report at Research/SubConnect-Bittensor-Revenue-Index-V2.pdf. "Owner alpha buys" is net alpha bought by the subnet-owner coldkey — a buyback from an unregistered wallet is invisible there, so 0 is evidence against, not proof: Engy and Almanac buy from wallets other than the owner coldkey, and their own ledgers (Dashboard column) show buybacks this column cannot see. Burn mixes UID recycle with buy-and-burn; the evidence column says which.