SUBNEτMETRICS
The daily feed · a real edition

A morning of subnet burn data.

Read the report from 2026-09-03 before subscribing.

This is a historical edition, not today’s data. The report below is the stored daily text; CSV attachments and personal watchlist introductions are not part of this sample.

Burns show on-chain activity. They do not establish where purchase funding came from. “First burn” refers to the indexed history available at the time. Read the measurement method.

Get the daily feed Read the free weekly issue →

Corrected 10 September 2026: burn totals now use actual AlphaBurned and AlphaRecycled events, including combined buy-and-burn operations previously omitted.

SUBNET METRICS — DAILY BURNS — 2026-09-03
Indexed AlphaBurned / AlphaRecycled event outcomes on Bittensor. Alpha valued at each subnet's latest panel price; TAO at $228.81.

ALERTS
  none — no subnet started or stopped burning

LAST 24 HOURS — all subnets that burned
  subnet  name                     alpha       tao        usd  burns  wallets
  SN8     Vanta                      164       4.6      1,051     24        1
  SN11    TrajectoryRL               100       0.8        177      2        2
  SN62    Ridges                      25       0.3         64     11        9
  SN80    OpenRoboto                   7       0.1         24      1        1
  total                              296       5.7

LAST 7 DAYS
  subnet  name                     alpha       tao        usd  burns  wallets
  SN49    Nepher Robotics         17,233     142.2     32,536      2        1
  SN53    Engy                     1,931      57.0     13,041      3        1
  SN8     Vanta                    1,844      51.6     11,803    164        1
  SN11    TrajectoryRL             5,300      41.0      9,387    106       17
  SN68    NOVA                     1,103      24.4      5,580     25        1
  SN64    Chutes                     316      23.4      5,365    113       43
  SN74    Gittensor                1,760       6.9      1,570     67        1
  SN62    Ridges                     360       4.0        906    167       23
  SN80    OpenRoboto                 247       3.6        833     36       15
  SN90    KubeTEE                     91       2.7        620      2        1
  SN88    Investing                    0       0.0          -      1        1
  total                           30,185     356.8

LAST 30 DAYS
  subnet  name                     alpha       tao        usd  burns  wallets
  SN51    Lium                    27,537   2,319.9    530,816      1        1
  SN64    Chutes                  15,294   1,134.5    259,575    711      231
  SN49    Nepher Robotics         96,622     797.3    182,427      5        1
  SN8     Vanta                    8,777     245.6     56,190    590        1
  SN11    TrajectoryRL            20,650     159.8     36,575    413       28
  SN53    Engy                     4,324     127.6     29,205     13        1
  SN41    Almanac                 15,671      75.5     17,280      4        1
  SN74    Gittensor                8,605      33.5      7,673    329        1
  SN90    KubeTEE                    917      27.3      6,239      9        1
  SN68    NOVA                     1,103      24.4      5,580     25        1
  SN62    Ridges                   2,042      22.4      5,136    948       82
  SN80    OpenRoboto               1,067      15.7      3,594    145       37
  SN82    Compelle                   115       0.4         88      1        1
  SN7     Allways                     15       0.0         11      1        1
  SN105   Beam                         6       0.0         10      1        1
  SN88    Investing                    0       0.0          -      1        1
  total                          202,745   4,984.0

CLAIM REVENUE-FUNDED ALPHA BUYS, NO INDEXED BURN IN 30 DAYS (11)
  SN4 Targon, SN19 Blockmachine, SN21 AdTAO, SN33 ReadyAI, SN34 BitMind, SN50 Synth, SN54 Yanez, SN56 Gradients, SN93 Bitcast, SN110 Green Compute, SN118 Ditto
  Source of the claims: SubConnect Bittensor Revenue Index V2. A claim without a burn is unverified, not false — alpha bought and held never shows here.

Attached: burns_daily_90d.csv (alpha burned per subnet per UTC day, last 90 days) and burns_totals.csv (all-time per subnet). Data: Taostats event index. Not advice.

Weekly perspective or daily detail?

The free weekly issue brings together the week’s changes and charts. The paid daily feed brings burn totals and start/stop alerts each morning, plus subscriber history, watchlists and CSV downloads.

Subscribe to the free weekly See daily pricing and subscribe →

What would make this useful to you?

Tell us which subnet or question brought you here, and what you still need to understand. Send us your feedback.