TrajectoryRLSN11 · Bittensor subnet

0.006666 τ$1.78

24H -1.11%7D -12.38%APR (simple) 48.16% · APY (compounded) 61.86%

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Agentic RL as a Service, Optimize agent trajectories to make agents cheaper, safer, and more reliable.

SN11, TrajectoryRL (α token λ), 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 0.006666 τ (≈ $1.78), against 18,940 τ of pool liquidity. On-chain, the best-delegated validator on it yields about 48.16% APR (simple) and 61.86% APY (compounded), emissions add 0.000915 τ to the pool each block, epochs run every 360 blocks. It was registered at block #2,918,568.

The complete guide to SN11 TrajectoryRL — every figure explained →

New to subnets? What a subnet is · How to use Taosis

Website ↗GitHub ↗

Price

0.006666 τ

$1.78

APR (simple)

48.16%

APY (compounded)

61.86%

EMA price

0.006749 τ

TAO in pool

18,940 τ

α in pool

2,841,166 α

α staked out

3,322,588 α

Vol 24h (indexed)

1,575 τ

$420.1K

Market cap

33,860 τ

$9.0M

FDV

141,730 τ

$37.8M

Holders

1,553

Miners

Market activity · last 24 h

τ in 24h

733.30 τ

$195.6K

τ out 24h

841.35 τ

$224.4K

Volume vs prior 24h

—

Turnover 24h

4.65%

Trading 24h

Buys: 43
Sells: 45
Buyers: 25
Sellers: 29

Sell-off price

0.003947 τ

−40.79% vs spot

Sell-off value

7,720 τ

$2.1M

τ flows through the pool

TAO flow 24h (net staking)

−108.68 τ

over 7,197 blocks · −$29.0K

TAO flow 7d (net staking)

—

Net protocol flow 24h

+9.04 τ

+$2.4K

Emission captured 24h (measured)

12.88 τ

$3.4K

Net basket flow 24h

−3.84 τ

−$1.0K

TAO flow counts users only. Net protocol flow = emission captured + net basket flow.

τ emission captured by this subnet · block 9,304,611

Injected into the pool

0.000915 τ

≈ 6.59 τ / day at current rate · $1.8K

Chain buys of α

0.000819 τ

≈ 5.90 τ / day at current rate · $1.6K

Total τ captured

0.001734 τ

≈ 12.48 τ / day at current rate · $3.3K

measured last 24h: 12.88 τ

Share of τ emission

0.347%

Emission per day (current rate)

1.000000 α / block × 7,200

Leg	α / day	τ value / day	USD
Owner	1,296 α	8.64 τ	$2.3K
Miners	2,952 α	19.68 τ	$5.2K
Withheld from miners (owner's miner slots)	0.00 α	0.00 τ	$0.00
Validators	2,952 α	19.68 τ	$5.2K
of which root stakers	405.19 α	2.70 τ	$720.58
Total	7,200 α	48.00 τ	$12.8K

Owner cut 18.00% · the chain pays root stakers their part · spot price 0.006666 τ. A rate restated per day, not a measured day.

Owner: 5D2Jhtbnm7iAdKfjRk6DisXBnr1MEsYat8kXqaPNrVqJP3uE
Tempo: 360 blocks / epoch
Swap fee: 0.050% (chain AMM)

Owner selling

Net sold 7d

—

share of holdings: —

Net sold 30d

—

share of holdings: —

Transferred out 7d / 30d

— / —

Held

394,790 α

chain read at block 9,303,100, 17 Oct 2026 12:23 UTC

Registration

Registered: block 2,918,568
Registration lock: —
Age: 6,386,018 blocks (≈ 886 days)
Immunity: ended at block 3,350,568

Subnets dissolved before Sep 25, 2026 are not listed: the chain only holds the current subnet on each netuid.

Development (GitHub) · trajectoryRL/trajectoryRL @ main

View on GitHub ↗

Commits · 7 d: 0
Commits · 30 d: 20+
Last commit: 13d ago

Source: GitHub's public commits feed of the repository named in the subnet's on-chain identity · updated every 6 h · as of 17 Oct 2026 14:53 UTC

Data freshness

Pool flows & emission: block 9,304,611 · 17 Oct 2026 17:26 UTC (just now)
Holders: 17 Oct 2026 16:13 UTC (1h ago)
Holder P&L: block 9,303,230 · 17 Oct 2026 12:50 UTC (4h ago)
Owner holding: block 9,303,100 · 17 Oct 2026 12:23 UTC (5h ago)
Metagraph: 17 Oct 2026 16:46 UTC (40m ago)
Conviction: 17 Oct 2026 16:44 UTC (41m ago)
GitHub: 17 Oct 2026 14:53 UTC (2h ago)
Newest on-chain event: block 9,279,621 · 14 Oct 2026 06:07 UTC (3d ago)
TAO/USD (CoinGecko): 17 Oct 2026 17:26 UTC (just now)

#	Validator	Stake (α)	APR (simple)	APY (compounded)
1★	tao.bot	229,805 α	48.16%	61.86%
2	Arbos	123,027 α	48.16%	61.86%
3	5Dd8ga…GrWv	4,363 α	48.16%	61.86%
4	Tatsu	917 α	48.16%	61.86%
5	xTAO	22 α	48.16%	61.86%
6	Ventura Labs	15 α	48.16%	61.86%
7	5GgqDc…jYxz	15 α	48.16%	61.86%
8	Astrid	22 α	48.16%	61.86%
9	Ary van der Touw	1,307 α	48.15%	61.84%
10	WinnerTAO	1 α	48.14%	61.83%
11	Datura	182,853 α	48.11%	61.78%
12	88 Root	0 α	48.07%	61.72%
13	1T1B.AI	2,648 α	47.68%	61.08%
14	Kooltek68	1,076 α	47.49%	60.79%
15	TAO.app	298 α	45.75%	58.01%
16	Subnet Summer	3 α	45.75%	58.01%
17	Kusanagi	7,053 α	45.27%	57.25%
18	Cortex Foundαtion	315 α	44.35%	55.82%
19	NorthTensor	2,027 α	44.29%	55.71%
20	Bitstarter.ai	4 α	44.06%	55.36%
21	TAO.com	683,049 α	43.82%	54.99%
22	Taostats	83,673 α	43.82%	54.99%
23	5HK1Ub…RJAK	10,701 α	43.82%	54.99%
24	Tensorplex Labs	8,547 α	43.82%	54.99%
25	TrustedStake	7,822 α	43.82%	54.99%
26	Crucible Labs	7,156 α	43.82%	54.99%
27	tao5	5,908 α	43.82%	54.99%
28	5HK2LZ…YYXr	1,064 α	43.82%	54.99%
29	WildSage Labs (RT21)	546 α	43.82%	54.99%
30	FirstTensor.com	248 α	43.82%	54.99%
31	01Lamida, Inc.	22 α	43.82%	54.99%
32	Yuma, a DCG Company	112,882 α	43.82%	54.98%
33	Rizzo (Insured)	1,647 α	43.81%	54.98%
34	K8STAKE.AI	977 α	43.34%	54.25%
35	Kiln	6 α	43.34%	54.25%
36	Unknown	4 α	43.34%	54.25%
37	General Tensor	11,934 α	39.49%	48.42%
38	General Tensor	3,913 α	39.49%	48.42%
39	Openτensor Foundaτion	3,448 α	39.49%	48.42%
40	5G1NjW…nChe	2,524 α	39.49%	48.42%
41	5EByfp…JWs4	8 α	39.49%	48.42%
42	Subnet.ai	124 α	39.49%	48.42%
43	5EqYds…oaUf	9 α	39.49%	48.42%
44	5G9mJM…423v	21 α	39.49%	48.42%
45	Firepool	103 α	39.49%	48.42%
46	5H6yVW…nK62	8 α	39.49%	48.42%
47	trajrl.com	400,283 α	39.48%	48.41%
48	Yuma, a DCG Company	718 α	39.48%	48.41%
49	Kraken	4,010 α	39.48%	48.41%
50	Kraken	795 α	39.48%	48.41%
51	Rizzo (Insured)	21,414 α	39.48%	48.41%
52	GTAO	1,195 α	39.47%	48.39%
53	5DLQGc…RZJV	0 α	39.45%	48.36%

Showing 16 of 53.

Validators on this subnet — its permitted UIDs plus every hotkey the chain paid here, parents paid through child keys included — the default first, then by yield. Yields are last epoch's nominator dividends, in α. APR (simple) is one epoch's nominator return × epochs per year. APY (compounded) assumes the dividends, auto-staked every epoch, are never withdrawn: (1 + r)^epochs − 1. Both in α; the τ return also depends on the α price. Every validator →

Hyperparameters what they mean

Tempo: 360 blk
Immunity: 10,800 blk
Max validators: 64
UIDs: 256
Reg. burn: 0.0200 τ
Registration: open
Weights rate: 100 blk
Activity cutoff: 5,000
Commit-reveal: on (1)
Serving rate: 10
κ (kappa): 32767
ρ (rho): 10

Top 64 UIDs by reward
UID	Hotkey	Coldkey	Role	Stake α	Consensus	Incentive	Dividend	Emission	Axon	Reg. block
29	5HbVN9U9…fSMwinactive	5HBeTA…Xgoz	miner	148	100.0%	100.0%	0.0%	147.601 α	—	#9,289,464
74	5ECzcM7s…yrMS	5D2Jht…P3uE	validator	1,534,530	0.0%	0.0%	68.5%	101.049 α	—	#4,920,350
189	5GgqDcxk…jYxz	5DEyLe…1Xy6	validator	244,325	0.0%	0.0%	15.2%	22.412 α	—	#8,783,506
236	5FnwjYYF…5VNi	5E9fVY…Yc5p	validator	113,600	0.0%	0.0%	8.9%	13.132 α	—	#7,618,269
206	5DFPWPnm…R185	5FHxxe…GpSs	validator	4,805	0.0%	0.0%	5.7%	8.387 α	—	#9,074,712
90	5GZGoeDm…fs11	5Fuzgv…krzo	validator	23,061	0.0%	0.0%	1.2%	1.755 α	—	#7,621,013
102	5E2LP6En…eZ5u	5GsbTg…pZX9	validator	7,105	0.0%	0.0%	0.4%	0.530 α	—	#9,105,468
48	5FHchzDV…NpNt	5E5BCH…6oHj	validator	2,257	0.0%	0.0%	0.1%	0.205 α	—	#9,107,038
235	5D7ekpEm…SL11	5GW9X8…jovV	validator	848	0.0%	0.0%	0.1%	0.132 α	—	#8,712,047
0	5CCycaSB…1L5Zinactive	5D7smK…ARQ5	miner	1	0.0%	0.0%	0.0%	0.000 α	—	#9,284,830
1	5H3D4c3e…b1g4inactive	5HBeTA…Xgoz	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,299,023
2	5GKvYipJ…31Yminactive	5DcQYZ…vZji	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,988,719
3	5E2STsn1…N4QVinactive	5HavCV…fpeQ	miner	1	0.0%	0.0%	0.0%	0.000 α	—	#9,288,012
4	5EUgVxav…BaQMinactive	5F3yoj…5rJv	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,992,010
5	5FCdxUKK…1W4Binactive	5DUALF…hW1B	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,289,342
6	5D2CQdH9…h7DGinactive	5GQYnz…p3FR	miner	1	0.0%	0.0%	0.0%	0.000 α	—	#9,290,301
7	5HEtPjha…2iDLinactive	5EFLC2…FLBV	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,134,213
8	5HpoQxJi…g861inactive	5HQGE7…vtGW	miner	50	0.0%	0.0%	0.0%	0.000 α	—	#9,019,332
9	5G3simDG…rV7Kinactive	5DhrP1…EWPn	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,122,854
10	5FpqHzXR…1n1Vinactive	5CqkBg…hGuH	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,245,139
11	5D5Erhvw…MwDxinactive	5CXwYg…Tfzh	miner	1	0.0%	0.0%	0.0%	0.000 α	—	#9,287,160
12	5EL8Gdne…5g7Vinactive	5CDgi3…3Q1Y	miner	1	0.0%	0.0%	0.0%	0.000 α	—	#9,283,830
13	5ChfQDPH…fNDrinactive	5CcJ4T…rfuG	miner	1	0.0%	0.0%	0.0%	0.000 α	—	#9,110,631
14	5HinabZY…8Chpinactive	5DnbFo…AgHU	miner	51	0.0%	0.0%	0.0%	0.000 α	—	#9,123,403
15	5CqWVjYP…YZN8inactive	5HWC7w…uMKp	miner	1	0.0%	0.0%	0.0%	0.000 α	—	#9,290,661
16	5DaD5Kkt…fkTuinactive	5Hp57T…j454	miner	1	0.0%	0.0%	0.0%	0.000 α	—	#9,111,615
17	5CywuzYV…Htwqinactive	5GGr9x…ZA8S	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,291,141
18	5Hok9Lpx…9JJLinactive	5DhrP1…EWPn	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,120,162
19	5H3REixh…CeKWinactive	5DJk2y…oh6J	miner	1	0.0%	0.0%	0.0%	0.000 α	—	#9,107,393
20	5DhS1y13…U6Sninactive	5EetjC…ndvA	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,105,102
21	5H9fAZr3…GJRjinactive	5F3yoj…5rJv	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,991,050
22	5FhSwe7w…djzAinactive	5FsHMo…UpJQ	miner	1	0.0%	0.0%	0.0%	0.000 α	—	#9,112,230
23	5GcFCqVw…p2JZinactive	5DFyQ7…1JiB	miner	1	0.0%	0.0%	0.0%	0.000 α	—	#9,111,984
24	5DSNvckw…W1n4inactive	5EetjC…ndvA	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,133,650
25	5EjyWZ7p…5meAinactive	5CJySD…EWqV	miner	2	0.0%	0.0%	0.0%	0.000 α	—	#8,986,639
26	5E2THtF9…vvTZinactive	5F4A3Y…Ldoo	miner	1	0.0%	0.0%	0.0%	0.000 α	—	#9,282,958
27	5GvKxsAU…uPEdinactive	5Hp57T…j454	miner	1	0.0%	0.0%	0.0%	0.000 α	—	#9,288,137
28	5F7iKKYL…nPuvinactive	5EetjC…ndvA	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,985,662
30	5HKnWEp4…ZdZZinactive	5CqkBg…hGuH	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,245,264
31	5DPviBaY…dpHrinactive	5CXwYg…Tfzh	miner	1	0.0%	0.0%	0.0%	0.000 α	—	#9,111,123
32	5GVt5cF5…98m2inactive	5DLLQv…qR3n	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,103,457
33	5DPu7eWp…de8Binactive	5DXMK2…JAMb	miner	1	0.0%	0.0%	0.0%	0.000 α	—	#9,283,208
34	5G6TfpRY…nEZWinactive	5DnbFo…AgHU	miner	1	0.0%	0.0%	0.0%	0.000 α	—	#9,286,201
35	5GnNJyhk…HRKJinactive	5GTbLj…gPdK	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,992,903
36	5DWjwjjJ…suueinactive	5DUALF…hW1B	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,285,791
37	5GYs5bcB…NPEqinactive	5DhrP1…EWPn	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,122,859
38	5FsPKRbb…fctjinactive	5CJySD…EWqV	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,987,512
39	5DPfcarm…RfkMinactive	5HVo4F…shV5	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,994,686
40	5CfcCJn3…ZA5Uinactive	5DAW7m…kXrA	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,228,360
41	5GdgjiyY…Ddfhinactive	5DUALF…hW1B	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,285,911
42	5C7oMDyY…rkQfinactive	5G6ihv…GSg8	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,280,650
43	5H3J5vkV…MaF4inactive	5CJySD…EWqV	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,988,637
44	5EA5RpgF…bCqHinactive	5H4Fcv…MgZy	miner	1	0.0%	0.0%	0.0%	0.000 α	—	#9,107,749
45	5DiEneuV…74AYinactive	5F3yoj…5rJv	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#8,986,059
46	5DfkZj8S…rAatinactive	5EhSyL…FPAx	miner	1	0.0%	0.0%	0.0%	0.000 α	—	#9,110,265
47	5Gdpv7yw…Jjdiinactive	5Cr7Kx…phuj	miner	1	0.0%	0.0%	0.0%	0.000 α	—	#9,111,861
49	5HVzxU17…1AaKinactive	5G3oTj…YPBv	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,105,708
50	5FA5VHw6…AMC8inactive	5G3oTj…YPBv	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,105,466
51	5Ev6CpkB…Emcjinactive	5ENWmQ…1m8U	miner	1	0.0%	0.0%	0.0%	0.000 α	—	#9,282,833
52	5CrTJkga…mz6Xinactive	5CqkBg…hGuH	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,245,386
53	5Cw7bzZe…ZxSbinactive	5D2Um4…XarR	miner	1	0.0%	0.0%	0.0%	0.000 α	—	#9,288,262
54	5DUFFbqS…8MUoinactive	5DUALF…hW1B	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,289,101
55	5DDEkbkZ…r8TGinactive	5CqkBg…hGuH	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,244,640
56	5DAe65TU…CNDxinactive	5H6APC…BNWd	miner	2	0.0%	0.0%	0.0%	0.000 α	—	#9,163,403

Child keys (89)

Validators routing a share of their weight-setting through child hotkeys — necessary context for reading the stake column: a parent's influence may act through its children.

5C5GuCUK…CdqD→5Hmhf3r1…QpjL100.0%

5CAQAgXx…7FmJ→5ECzcM7s…yrMS100.0%

5CBDhkBx…8S3A→5DvDypN8…diFp100.0%

5CDCHJFp…iJ52→5ECzcM7s…yrMS100.0%

5CSAGuiJ…a4t1→5DvTpini…N2ed100.0%

5CUysqNg…ws6B→5G1NjW9Y…nChe100.0%

5CV93B17…fQF2→5E2LP6En…eZ5u100.0%

5CcD4RLF…Dcdb→5ECzcM7s…yrMS100.0%

5Ckaoft1…uUes→5DFPWPnm…R185100.0%

5CoZxgtf…bifj→5GgqDcxk…jYxz100.0%

5CqRMuYS…b9Ed→5ECzcM7s…yrMS100.0%

5CsvRJXu…2zVp→5ECzcM7s…yrMS100.0%

5CszMVts…gMUV→5ECzcM7s…yrMS100.0%

5CzFiYvB…gZ3J→5CAQAgXx…7FmJ100.0%

5D4gEn5S…kZ4f→5ECzcM7s…yrMS100.0%

5D4oo3Z5…rWSj→5CszMVts…gMUV100.0%

5DD6hMnC…P3KL→5CPH55YW…2FBr100.0%

5DLQGc9D…RZJV→5ECzcM7s…yrMS100.0%

5DM7CPqP…xmtX→5ECzcM7s…yrMS100.0%

5DUuFhF4…k2GU→5ECzcM7s…yrMS100.0%

5DXdHixx…L1S1→5FnwjYYF…5VNi100.0%

5Dd8gaRN…GrWv→5ECzcM7s…yrMS100.0%

5Deo9Q3S…zD9Y→5GgqDcxk…jYxz100.0%

5DjtmV76…T4Kd→5ECzcM7s…yrMS100.0%

5DkFEQdE…M7Fn→5ECzcM7s…yrMS100.0%

5DvDypN8…diFp→5ECzcM7s…yrMS100.0%

5DvTpini…N2ed→5ECzcM7s…yrMS100.0%

5E4z3h9y…ULde→5ECzcM7s…yrMS100.0%

5EAdPk76…pYDc→5ECzcM7s…yrMS100.0%

5EByfpgR…JWs4→5ECzcM7s…yrMS100.0%

5ELREhAp…qwVh→5GgqDcxk…jYxz100.0%

5EWLgJHB…aVrk→5CAQAgXx…7FmJ100.0%

5EqYdsxW…oaUf→5ECzcM7s…yrMS100.0%

5EtUYRu7…tvzs→5ECzcM7s…yrMS100.0%

5F7dvCS7…r6LW→5ECzcM7s…yrMS100.0%

5FBqnTwn…4WUw→5EcgNdYQ…797f100.0%

5FFM6Nvv…UWgt→5ECzcM7s…yrMS100.0%

5FFSBkNi…VR86→5E2LP6En…eZ5u100.0%

5FWB5CFZ…jkg5→5GgqDcxk…jYxz100.0%

5FeKsRjZ…9DGg→5ECzcM7s…yrMS100.0%

…and 49 more

Verified

Balances as of 17 Oct 2026 16:13 UTC. Checked against the chain 17 Oct 2026 17:23 UTC. Last exact chain read: holder refresh at block 9,302,278 (17 Oct 2026 09:58 UTC).

Holders

1,553

Top holder

23.7%

owner & escrow excluded

Top 10

60.8%

Nakamoto

Nakamoto 4 = the fewest coldkeys that together hold a majority. HHI 0.083 (0 = evenly spread, 1 = one holder, min-normalised so it is not comparable to the raw HHI most explorers publish), Gini 0.959.

Method: α per coldkey, summed across every validator hotkey, read from the chain's own share pools at one block. The subnet owner's coldkey and the protocol's root-basket escrow are set aside for Top holder, Top 10, Nakamoto, HHI and Gini — the owner is usually the largest holder by far, and leaving them in measures the owner rather than the market; the escrow (the runtime's modlsubtensrbeta/esc account) holds validators' basket positions for root stakers and is no wallet at all. Shares in the table below are of every holder's α, both included. Counted holders are every coldkey holding at least 0.000001 α, the owner and the escrow among them; below that is the rounding residue of an exit, not a position. Nakamoto reads “—” under two holders, and Top 10 under twenty, where it saturates at 100% for reasons that have nothing to do with capture. Coldkeys, not people: one person can hold many, and one exchange coldkey can custody thousands. The holder count, the shares and the figures above use balances refreshed every 10 minutes from the fills we index ourselves. The table's Alpha and Value columns use the chain's own reading instead (see below).

Profit since 1 Sep 2026 03:25 UTC (block 8,969,695). Taosis indexes every trade leg from then on; gains made before are not counted. Staking = α earned (the chain's α change minus every indexed buy, sell, fee and transfer), valued at today's price. Trading = everything else. Prices are the chain's own pool price (SubnetTAO / SubnetAlphaIn). USD uses CoinGecko TAO/USD, the only input to these figures that does not come from the chain. Top 100 holders per subnet, recomputed every 6 hours; last computed 17 Oct 2026 12:50 UTC at block 9,303,230. 11 blocks since then could not be indexed (9,202,374, 9,204,152, 9,224,363, 9,225,344, 9,225,345, and 6 more); a trade in them is missing from these figures. USD P&L = τ P&L × the TAO/USD of the last P&L computation ($272.06, 17 Oct 2026 12:50 UTC) + the TAO/USD move: each τ that went in or came out is valued at the TAO/USD of its own day ($229.56 at the start), so TAO's own rise can turn a τ loss into a USD gain. In the table, an Alpha figure without a mark is the chain's own StakeInfo reading from that 6-hourly pass, and Value prices it at that pass's pool price and TAO/USD rate (hover a figure for its block). “≈” marks a coldkey the pass has no reading under 12 h old for: its balance comes from Taosis's own trade index, refreshed every 10 minutes, which leaves out staking rewards, and is valued at today's price. How each figure is defined →

#	Coldkey	Alpha	Value	Trading P&L	Staking	Total P&L	Status	Share
1	5D2Jhtbn…P3uEOwnerValidator	394,790 α	2,653 τ · $721.8K	−300.48 τ · +$20.9K	+80,210 α+539.04 τ · +$146.7K	+238.56 τ · +$167.5K	Since 1 Sep	20.23%
2	5EfLbijR…dDLe	365,556 α	2,466 τ · $670.8K	−324.35 τ · +$24.6K	+18,370 α+123.91 τ · +$33.7K	−200.45 τ · +$58.3K	Since 1 Sep	18.74%
3	5GuRLEMg…iuaC	140,633 α	945.59 τ · $257.3K	−126.52 τ · +$8.9K	+7,694 α+51.73 τ · +$14.1K	−74.79 τ · +$23.0K	Since 1 Sep	7.21%
4	5Di4xFVw…girE	136,706 α	918.71 τ · $249.9K	−124.51 τ · +$8.3K	+6,870 α+46.17 τ · +$12.6K	−78.35 τ · +$20.9K	Since 1 Sep	7.01%
5	5C82jb9n…TvPg	128,542 α	863.84 τ · $235.0K	−113.38 τ · +$14.4K	+6,839 α+45.96 τ · +$12.5K	−67.42 τ · +$27.0K	Since 1 Sep	6.59%
6	5HMtFEQ9…8CCx	56,610 α	380.64 τ · $103.6K	−50.90 τ · +$3.6K	+3,132 α+21.06 τ · +$5.7K	−29.84 τ · +$9.3K	Since 1 Sep	2.90%
7	5H6M8Gay…jHaV	43,533 α	292.71 τ · $79.6K	−52.18 τ · −$6.5K	+1,524 α+10.24 τ · +$2.8K	−41.93 τ · −$3.7K	Full history	2.23%
8	5GDzXrJ5…H7fb	21,623 α	145.85 τ · $39.7K	−19.00 τ · +$1.5K	+1,207 α+8.14 τ · +$2.2K	−10.85 τ · +$3.7K	Since 1 Sep	1.11%
9	5H5rZbFD…Qw6C	15,985 α	107.48 τ · $29.2K	−14.36 τ · +$1.0K	+893.55 α+6.01 τ · +$1.6K	−8.35 τ · +$2.6K	Since 1 Sep	0.82%
10	5EYCAe5j…tp7sBasket escrow	≈14,604 α	97.35 τ · $26.0K	—	—	—	—	0.75%
11	5FJ9cWip…uaEw	14,476 α	97.64 τ · $26.6K	−12.72 τ · +$998.88	+808.34 α+5.45 τ · +$1.5K	−7.26 τ · +$2.5K	Since 1 Sep	0.74%
12	5CXTmFuP…XyCj	13,880 α	93.28 τ · $25.4K	−11.24 τ · +$307.34	+565.68 α+3.80 τ · +$1.0K	−7.44 τ · +$1.3K	Since 1 Sep	0.71%
13	5GF5KVsz…mHzE	12,462 α	84.05 τ · $22.9K	−19.81 τ · −$922.36	+512.09 α+3.45 τ · +$939.69	−16.35 τ · +$17.33	Since 1 Sep	0.64%
14	5FNM2TdF…Mokm	12,384 α	83.53 τ · $22.7K	−10.99 τ · +$862.91	+576.40 α+3.89 τ · +$1.1K	−7.10 τ · +$1.9K	Since 1 Sep	0.63%
15	5DaSd29p…T922	11,442 α	76.89 τ · $20.9K	−10.32 τ · +$716.70	+638.89 α+4.29 τ · +$1.2K	−6.03 τ · +$1.9K	Since 1 Sep	0.59%
16	5FKAP1W7…gsk3	11,072 α	74.68 τ · $20.3K	−1.32 τ · +$423.03	+30.34 α+0.20 τ · +$55.68	−1.12 τ · +$478.70	Full history	0.57%
17	5GYTkrvL…yBqg	10,765 α	72.38 τ · $19.7K	−9.67 τ · +$683.87	+601.09 α+4.04 τ · +$1.1K	−5.63 τ · +$1.8K	Since 1 Sep	0.55%
18	5GYRkGvS…JM7g	10,147 α	68.23 τ · $18.6K	−9.12 τ · +$644.63	+566.61 α+3.81 τ · +$1.0K	−5.31 τ · +$1.7K	Since 1 Sep	0.52%
19	5EBuUXD6…Z8Ff	9,989 α	67.38 τ · $18.3K	−9.03 τ · +$709.46	+280.96 α+1.90 τ · +$515.59	−7.14 τ · +$1.2K	Since 1 Sep	0.51%
20	5GHg6ASH…jwWR	9,703 α	65.45 τ · $17.8K	−8.56 τ · +$671.90	+503.64 α+3.40 τ · +$924.20	−5.16 τ · +$1.6K	Since 1 Sep	0.50%
21	5EwCxRzZ…f6VB	9,667 α	65.20 τ · $17.7K	−8.53 τ · +$669.79	+501.76 α+3.38 τ · +$920.76	−5.14 τ · +$1.6K	Since 1 Sep	0.50%
22	5GxukLps…7iuf	8,915 α	59.94 τ · $16.3K	−0.45 τ · −$1.4K	+12.82 α+0.09 τ · +$23.45	−0.37 τ · −$1.3K	Full historyⓘ	0.46%
23	5CA3tVHH…S2Qo	8,601 α	57.80 τ · $15.7K	−13.52 τ · −$575.77	+344.84 α+2.32 τ · +$630.47	−11.20 τ · +$54.71	Full history	0.44%
24	5HERBUdj…5LFT	7,863 α	52.87 τ · $14.4K	−7.11 τ · +$502.39	+396.90 α+2.67 τ · +$726.04	−4.44 τ · +$1.2K	Since 1 Sep	0.40%
25	5CZpJQKG…v2mg	7,794 α	52.38 τ · $14.2K	−16.65 τ · −$2.5K	+326.85 α+2.20 τ · +$597.58	−14.45 τ · −$1.9K	Full history	0.40%
26	5FnjDPuz…xajP	7,576 α	51.10 τ · $13.9K	−6.68 τ · +$524.57	+393.21 α+2.65 τ · +$721.55	−4.03 τ · +$1.2K	Since 1 Sep	0.39%
27	5ES84rfz…QM4w	7,458 α	50.31 τ · $13.7K	−4.99 τ · +$1.4K	+408.75 α+2.76 τ · +$750.08	−2.23 τ · +$2.2K	Since 1 Sep	0.38%
28	5CerKrvp…sZ2x	6,908 α	46.42 τ · $12.6K	−6.26 τ · +$434.49	+358.56 α+2.41 τ · +$655.57	−3.85 τ · +$1.1K	Since 1 Sep	0.35%
29	5FyGT3Pe…9rfb	6,829 α	46.06 τ · $12.5K	−6.35 τ · +$498.76	0.00 α0.00 τ · $0.00	−6.35 τ · +$498.76	Since 1 Sep	0.35%
30	5H3Xwzyd…ruom	6,798 α	45.71 τ · $12.4K	−6.16 τ · +$426.39	+342.53 α+2.30 τ · +$626.57	−3.85 τ · +$1.1K	Since 1 Sep	0.35%
31	5GWGzsE2…cJ2i	6,490 α	43.64 τ · $11.9K	−5.87 τ · +$414.65	+327.22 α+2.20 τ · +$598.57	−3.66 τ · +$1.0K	Since 1 Sep	0.33%
32	5GucuWuJ…Az3c	6,267 α	42.14 τ · $11.5K	−11.29 τ · −$3.0K	+212.49 α+1.43 τ · +$388.70	−9.86 τ · −$2.6K	Full history	0.32%
33	5FpSDF9y…92Ww	4,471 α	30.15 τ · $8.2K	−4.96 τ · +$1.0K	+281.44 α+1.90 τ · +$516.46	−3.06 τ · +$1.5K	Full historyⓘ	0.31%
34	5FxXrMKR…QEiw	5,925 α	39.96 τ · $10.9K	−5.25 τ · +$412.08	+282.73 α+1.91 τ · +$518.81	−3.34 τ · +$930.89	Since 1 Sep	0.30%
35	5CvrJdXB…N798	5,893 α	39.60 τ · $10.8K	−9.55 τ · −$1.5K	+192.48 α+1.29 τ · +$351.91	−8.26 τ · −$1.1K	Full history	0.30%
36	5G1sUeAU…TKFc	5,883 α	39.68 τ · $10.8K	−5.20 τ · +$408.03	+296.64 α+2.00 τ · +$544.34	−3.20 τ · +$952.38	Since 1 Sep	0.30%
37	5GHNXMSx…B29T	5,850 α	39.46 τ · $10.7K	−5.17 τ · +$405.70	+294.95 α+1.99 τ · +$541.23	−3.18 τ · +$946.93	Since 1 Sep	0.30%
38	5GCGQdSP…wMzy	5,763 α	38.87 τ · $10.6K	−5.06 τ · +$397.38	+321.77 α+2.17 τ · +$590.46	−2.89 τ · +$987.84	Since 1 Sep	0.30%
39	5GuJG6oa…Z4jV	5,675 α	38.16 τ · $10.4K	−5.12 τ · +$362.04	+294.57 α+1.98 τ · +$538.86	−3.14 τ · +$900.89	Since 1 Sep	0.29%
40	5EkMm4mp…ek3D	5,162 α	34.82 τ · $9.5K	−4.55 τ · +$357.66	+267.93 α+1.81 τ · +$491.67	−2.75 τ · +$849.33	Since 1 Sep	0.26%
41	5Ci1DAqD…pxAV	5,161 α	34.68 τ · $9.4K	−4.67 τ · +$324.60	+267.88 α+1.80 τ · +$489.77	−2.87 τ · +$814.38	Since 1 Sep	0.26%
42	5H8U5Wxd…yEL6	5,084 α	34.18 τ · $9.3K	−8.35 τ · +$3.6K	+82.58 α+0.56 τ · +$151.05	−7.80 τ · +$3.8K	Full historyⓘ	0.26%
43	5CDsWpB7…9sfp	4,959 α	33.33 τ · $9.1K	−4.50 τ · +$312.40	+250.04 α+1.68 τ · +$457.15	−2.82 τ · +$769.55	Since 1 Sep	0.25%
44	5EXFjXe5…voH8	4,832 α	32.59 τ · $8.9K	−4.43 τ · +$378.67	+249.27 α+1.68 τ · +$457.42	−2.74 τ · +$836.09	Since 1 Sep	0.25%
45	5CZs3DAo…R7qA	4,691 α	31.52 τ · $8.6K	−4.23 τ · −$817.08	+185.70 α+1.25 τ · +$339.52	−2.98 τ · −$477.56	Since 1 Sep	0.24%
46	5HK45QZL…RPTk	4,651 α	31.27 τ · $8.5K	−4.20 τ · +$296.69	+241.66 α+1.62 τ · +$442.07	−2.57 τ · +$738.76	Since 1 Sep	0.24%
47	5FRfNR6j…wtt7	4,629 α	31.22 τ · $8.5K	−8.58 τ · −$1.6K	+216.07 α+1.46 τ · +$396.50	−7.13 τ · −$1.2K	Since 1 Sep	0.24%
48	5GNAZz4s…MwMm	4,559 α	30.66 τ · $8.3K	−4.11 τ · +$290.84	+236.65 α+1.59 τ · +$432.89	−2.52 τ · +$723.73	Since 1 Sep	0.23%
49	5Gv3Bq2j…djbd	≈4,489 α	29.93 τ · $8.0K	—	—	—	—	0.23%
50	5HYYMyRX…mndg	4,398 α	29.57 τ · $8.0K	−3.97 τ · +$280.59	+228.55 α+1.54 τ · +$418.08	−2.43 τ · +$698.67	Since 1 Sep	0.23%

Concentration history

Holders1,553

2026-09-251,553 – 1,8412026-10-17

Nakamoto4

2026-09-254 – 52026-10-17

Top 10 share60.8%

2026-09-2559.2% – 61.0%2026-10-17

HHI0.083

2026-09-250.068 – 0.0832026-10-17

Total α1,950,368 α

2026-09-251,950,368 α – 2,107,495 α2026-10-17

One point per UTC day: the subnet's published state at the end of that day. The owner's coldkey and the protocol's root-basket escrow are excluded from HHI, Nakamoto, Top 10 and Gini. Days recorded before the method change of late September 2026 counted holders without the owner and kept the escrow in those four, so a line can step on that day. History starts 2026-09-25; earlier days were never measured.

On-chainLarge tradeBlock 9,279,621· Oct 14, 2026, 06:07 UTC
SN11 large sell: 732.8 τ
coldkey 5HQ9…ckyA sold 100,272.60 α for 732.82 τ — 3.6% of the pool's τ before the trade.
Sell · 732.82 τ · 100,273 α · 3.6% of pool · 5HQ9oa…ckyA
On-chainChild keysBetween blocks 9,274,365 and 9,274,433· Oct 13, 2026, 12:50 UTC
Validator TAO.app (5CoZ…bifj) scheduled a child-key change on 125 subnets
Validator hotkey 5CoZxgtfhcJKX2HmkwnsN18KbaT9aih9eF3b6qVPTgAUbifj announced new child keys on SN1, SN2, SN3, SN4, SN5, SN6, SN7, SN8, SN9, SN10, SN11, SN12 and 113 more, applying at block 9,281,605 (~24h). Stake delegated to it there routes through its children after that.
Parent TAO.app · SN1, SN2, SN3, SN4, SN5, SN6, SN7, SN8, SN9, SN10, SN11 (this subnet), SN12, SN13, SN14, SN15, SN16, SN17, SN18, SN19, SN20, SN21, SN22, SN23, SN24, SN25, SN26, SN27, SN28, SN29, SN30, SN31, SN32, SN33, SN34, SN35, SN36, SN37, SN38, SN39, SN40, SN41, SN42, SN43, SN44, SN45, SN46, SN47, SN48, SN49, SN50, SN51, SN52, SN53, SN54, SN55, SN56, SN57, SN58, SN60, SN61, SN62, SN63, SN64, SN65, SN66, SN67, SN68, SN69, SN70, SN71, SN72, SN73, SN74, SN75, SN76, SN77, SN78, SN79, SN80, SN81, SN82, SN83, SN84, SN85, SN87, SN88, SN89, SN90, SN91, SN93, SN94, SN95, SN96, SN97, SN98, SN99, SN100, SN101, SN102, SN103, SN104, SN105, SN106, SN107, SN108, SN109, SN110, SN111, SN112, SN113, SN114, SN115, SN116, SN117, SN118, SN119, SN120, SN121, SN122, SN123, SN124, SN125, SN126, SN127, SN128
On-chainChild keysBetween blocks 9,258,715 and 9,258,782· Oct 11, 2026, 08:39 UTC
Validator Tensorplex Labs (5E4z…ULde) re-scheduled a child-key change on 18 subnets
Validator hotkey 5E4z3h9yVhmQyCFWNbY9BPpwhx4xFiPwq3eeqmBgVF6KULde announced new child keys on SN1, SN2, SN3, SN6, SN7, SN8, SN9, SN11, SN12, SN13, SN14, SN17 and 6 more, applying at block 9,265,930 (~24h). Stake delegated to it there routes through its children after that. It replaces the changes that were pending on SN1 (block 9,265,620), SN2 (block 9,265,587), SN3 (block 9,265,590), SN6 (block 9,265,419), SN7 (block 9,265,422), SN8 (block 9,265,425) and 12 more, which will not apply then.
Parent Tensorplex Labs · SN1, SN2, SN3, SN6, SN7, SN8, SN9, SN11 (this subnet), SN12, SN13, SN14, SN17, SN20, SN22, SN23, SN26, SN27, SN28
On-chainChild keysBetween blocks 9,258,178 and 9,258,244· Oct 11, 2026, 06:52 UTC
Validator Tensorplex Labs (5E4z…ULde) scheduled a child-key change on 21 subnets
Validator hotkey 5E4z3h9yVhmQyCFWNbY9BPpwhx4xFiPwq3eeqmBgVF6KULde announced new child keys on SN1, SN5, SN6, SN7, SN8, SN9, SN10, SN11, SN12, SN13, SN14, SN84 and 9 more, applying at block 9,265,380 (~24h). Stake delegated to it there routes through its children after that.
Parent Tensorplex Labs · SN1, SN5, SN6, SN7, SN8, SN9, SN10, SN11 (this subnet), SN12, SN13, SN14, SN84, SN85, SN87, SN88, SN89, SN91, SN94, SN95, SN96, SN97
On-chainChild keysBetween blocks 9,159,234 and 9,159,305· Sep 27, 2026, 13:03 UTC
Validator 88 Root (5Djt…T4Kd) scheduled a child-key change on 4 subnets
Validator hotkey 5DjtmV76CRvxZqd68fDwWyTmsfqUZ5EUXVJ21FKTBzwLT4Kd announced new child keys on SN7, SN8, SN9, SN11, applying at block 9,166,476 (~24h). Stake delegated to it there routes through its children after that.
Parent 88 Root · SN7, SN8, SN9, SN11 (this subnet)

Newest first, the 5 most recent. Every event is read directly from the Bittensor chain by Taosis — no third-party data. Recorded continuously since block 9,145,148 (25 Sep 2026, 13:52 UTC). Earlier history is partial: runtime upgrades and the registrations of the subnets live then go back to block 8,929,148 (26 Aug 2026), large trades to block 9,094,749 (18 Sep 2026); other earlier changes are not listed. Events of a dissolved subnet that held this netuid before are not listed.

Owner lock

46,180 α

≈ 307.86 τ · $82.1K

Owner conviction

46,180 α

≈ 307.86 τ · $82.1K

Hotkey locks Σ

0 α

≈ 0.00 τ · $0.00

Registration lock

—

Deregistration standing

Rank #82 in the deregistration queue — the network runs at capacity, so each new subnet registration removes the rank-1 subnet. Ranked by the chain's own EMA price, immune subnets excluded.

Takeover watchcompare every subnet →

A hotkey another coldkey than the owner's owns can claim the subnet once it is a year old, if its matured conviction exceeds 18% of eligible α (α staked out, minus protocol-owned and burned α — the threshold in the chain's own code) and no hotkey scores higher, the owner's own included.

Every lock on this tab is rolled forward to block 9,304,387 with the chain's own maturity maths — what the chain itself counts at that block, not the value stored at each lock's last write.

No hotkey locks on this subnet.

Owner's side: 5ECzcM7s…yrMS · 46,180 α conviction

Account	Kind	Locked α	Value	Conviction α	Matured
5HMtFEQ9…8CCx	coldkey	46,180.46 α	307.86 τ · $82.1K	46,180.46 α	100%
5D2Jhtbn…P3uE	owner	46,180.46 α	307.86 τ · $82.1K	46,180.46 α	100%

Why the price moved · last 24h

0.006742 τ → 0.006666 τ (-1.120%)

Trading-108.052 τ and +16,156.283 α through the pool from indexed fills-1.13%
Emission+6.6775 τ injected, +990.4700 α minted into the pool−<0.01%
Chain buys & basket+1.711 τ and -922.267 α through the pool by the protocol's own trades (chain counters SubnetProtocolFlow, net of the injection, and SubnetProtocolAlpha)+0.04%
Not attributedwhat the named causes do not account for-0.03%

Each line is the price move that cause alone would have produced. They compose to the net move above (multiplicatively, which is why they need not sum to it), and a cause can exceed the net when another pushed the other way. The price is exactly the pool ratio, so this is a complete decomposition — no modelling, no fitting.

Deregistration risk

Rank #82 in the queue. The network is at capacity (128), so each new subnet registration dissolves rank 1 — 82 registrations would reach this one.

Cost to kill rank 1

728 τ

In 1 day (7,200 blocks)

605 τ

P(dereg) 30d

0.0%

P(dereg) 90d

0.0%

From 0.14 registrations/day observed over 50.4 days of indexed blocks, as a Poisson arrival process against this subnet's queue position. The price to register a subnet falls in a straight line, about 123.5 τ every 7,200 blocks (about a day), until it reaches its 1 τ floor at block 9,346,858. Each registration resets it to twice what that registration paid.

Conviction maturity curve

What a perpetual lock of 1,000 α becomes over time on this subnet. The shape is identical at any size — scale it to your own amount. Conviction matures on a 30-day half-life; a decaying lock's stake also unwinds on a 90-day one.

After	Conviction	Matured	Of takeover
today	0.0 α	0.0%	0.00%
7 d	149.3 α	14.9%	0.042%
30 d	500.0 α	50.0%	0.142%
90 d	875.0 α	87.5%	0.249%
180 d	984.4 α	98.4%	0.280%
365 d	999.8 α	100.0%	0.284%

Projected with the chain's own maturity maths (rates read live: unlock 934,866 blocks, maturity 311,622), not an approximation.

☆TrajectoryRLSN11 · Bittensor subnet

TrajectoryRLSN11 · Bittensor subnet