More than APR, I want to see actual revenue.
About SN128 ByteLeap
byteleap.ai@byteleap_aiMore than APR, I want to see actual revenue. I want to know how many dollars are actually received each month, with a clear definition. Every extra dollar gives stakers another layer of support beyond emissions. Realized revenue is what makes the ecosystem more convincing.
Quoting @WeAreSubConnect
$35M → $50M → $70M. Another month, another 40% MoM increase in annualized revenue across the Bittensor ecosystem. When we published the first SubConnect Bittensor Revenue Index, we estimated that revenue-generating subnets were collectively doing around $35M in annualized revenue. A month later, that number had grown to approximately $50M. Today, we're estimating $70M in annualized revenue. That's a 100% increase in just two months. Of course, annualized revenue is a snapshot, and the real challenge is sustaining that growth while improving margins and reducing dependence on emissions, but the direction is clear. Bittensor is growing from the inside out. And our expectation of $100M+ in annualized revenue by the end of 2026 is getting closer. We'll continue tracking the numbers every month through the SubConnect Bittensor Revenue Index.
SN128 ByteLeap at a glance
SN128, ByteLeap (α token න), is one of the independent markets on the Bittensor network, each with its own α token and its own price. Its α currently trades at 0.002678 τ (≈ $0.63), against 3,963 τ of pool liquidity. On-chain, the best-delegated validator on it yields about 437.33% APR (simple) and 7,819.90% APY (compounded), emissions add 0.000060 τ to the pool each block, epochs run every 360 blocks. It was registered at block #5,856,038.
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More from SN128 ByteLeap
Taosis indexes announcements, articles, posts and releases about Bittensor subnets from their own channels and keeps a record of each. The text above is the source’s; the figures are read from the chain by Taosis.