URSN25 · Bittensor subnet

0.005875 τ$1.61

24H +7.85%7D -8.22%APR (simple) 32.30% · APY (compounded) 38.13%

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The Privacy Protocol

SN25, UR (α token א), 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 0.005875 τ (≈ $1.61), against 12,445 τ of pool liquidity. On-chain, the best-delegated validator on it yields about 32.30% APR (simple) and 38.13% APY (compounded), emissions add 0.000803 τ to the pool each block, epochs run every 360 blocks. It was registered at block #2,998,801.

The complete guide to SN25 UR — every figure explained →

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

Website ↗GitHub ↗Discord: xcolwell ↗

Price

0.005875 τ

$1.61

APR (simple)

32.30%

APY (compounded)

38.13%

EMA price

0.005770 τ

TAO in pool

12,445 τ

α in pool

2,118,326 α

α staked out

4,079,931 α

Vol 24h (indexed)

—

Market cap

29,769 τ

$8.2M

FDV

121,168 τ

$33.2M

Holders

1,275

Miners

Market activity · last 24 h

τ in 24h

—

τ out 24h

—

Volume vs prior 24h

—

Turnover 24h

—

Trading 24h

Buys: —
Sells: —
Buyers: —
Sellers: —

Sell-off price

0.002414 τ

−58.91% vs spot

Sell-off value

7,329 τ

$2.0M

τ flows through the pool

TAO flow 24h (net staking)

+469.14 τ

over 7,208 blocks · +$128.5K

TAO flow 7d (net staking)

—

Net protocol flow 24h

−2.11 τ

−$577.04

Emission captured 24h (measured)

—

Net basket flow 24h

—

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

τ emission captured by this subnet · block 9,299,822

Injected into the pool

0.000803 τ

≈ 5.78 τ / day at current rate · $1.6K

Chain buys of α

0.000329 τ

≈ 2.37 τ / day at current rate · $649.10

Total τ captured

0.001132 τ

≈ 8.15 τ / day at current rate · $2.2K

Share of τ emission

0.226%

Emission per day (current rate)

1.000000 α / block × 7,200

Leg	α / day	τ value / day	USD
Owner	1,296 α	7.61 τ	$2.1K
Miners	2,952 α	17.34 τ	$4.8K
Withheld from miners (owner's miner slots)	0.00 α	0.00 τ	$0.00
Validators	2,952 α	17.34 τ	$4.8K
of which root stakers	403.39 α	2.37 τ	$649.14
Total	7,200 α	42.30 τ	$11.6K

Owner cut 18.00% · the chain pays root stakers their part · spot price 0.005875 τ. A rate restated per day, not a measured day.

Owner: 5HTeZ5168DjjGWZgbvzGfysEAj9fnexF24gYFKJHENU5cc8a
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

17,702 α

chain read at block 9,299,620, 17 Oct 2026 00:47 UTC

Registration

Registered: block 2,998,801
Registration lock: —
Age: 6,300,996 blocks (≈ 875 days)
Immunity: ended at block 3,430,801

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

Development (GitHub) · urfoundation/sn @ main

View on GitHub ↗

Commits · 7 d: 20+
Commits · 30 d: 20+
Last commit: 6h ago

Source: GitHub's public commits feed of the repository named in the subnet's on-chain identity · updated every 6 h · as of 16 Oct 2026 21:02 UTC

Data freshness

Pool flows & emission: block 9,299,822 · 17 Oct 2026 01:28 UTC (2m ago)
Holders: 17 Oct 2026 01:12 UTC (18m ago)
Holder P&L: block 9,299,631 · 17 Oct 2026 00:50 UTC (40m ago)
Owner holding: block 9,299,620 · 17 Oct 2026 00:47 UTC (43m ago)
Metagraph: 17 Oct 2026 00:51 UTC (39m ago)
Conviction: 17 Oct 2026 00:54 UTC (36m ago)
GitHub: 16 Oct 2026 21:02 UTC (4h ago)
Newest on-chain event: block 9,290,493 · 15 Oct 2026 18:22 UTC (1d ago)
TAO/USD (CoinGecko): 17 Oct 2026 01:28 UTC (2m ago)

#	Validator	Stake (α)	APR (simple)	APY (compounded)
1★	Owner25	796,708 α	32.30%	38.13%
2	Datura	330,087 α	31.99%	37.69%
3	xTAO	1,655 α	31.61%	37.18%
4	tao.bot	440,399 α	31.61%	37.18%
5	Arbos	242,715 α	31.61%	37.17%
6	Tatsu	584 α	31.61%	37.17%
7	Ventura Labs	16 α	31.60%	37.17%
8	WinnerTAO	0 α	31.59%	37.15%
9	Kooltek68	21,023 α	31.32%	36.78%
10	Kooltek68	1 α	31.30%	36.75%
11	88 Root	0 α	30.20%	35.25%
12	TAO.app	5,975 α	30.03%	35.02%
13	Subnet Summer	3 α	30.02%	35.02%
14	Kusanagi	5,059 α	29.71%	34.59%
15	5H3pGa…Juza	984 α	29.68%	34.55%
16	Astrid	41 α	29.68%	34.55%
17	1T1B.AI	31,261 α	29.30%	34.05%
18	Cortex Foundαtion	215 α	29.11%	33.79%
19	NorthTensor	1,059 α	29.08%	33.75%
20	tao5	17,808 α	28.98%	33.61%
21	Bitstarter.ai	104 α	28.92%	33.53%
22	Taostats	125,014 α	28.76%	33.32%
23	Tensorplex Labs	8,591 α	28.76%	33.32%
24	01Lamida, Inc.	1,447 α	28.76%	33.32%
25	5HK1Ub…RJAK	1,126 α	28.76%	33.32%
26	5HK2LZ…YYXr	1,019 α	28.76%	33.32%
27	FirstTensor.com	196 α	28.76%	33.32%
28	5HbScN…FZdT	1,004 α	28.66%	33.19%
29	K8STAKE.AI	1,708 α	28.45%	32.90%
30	Kiln	6 α	28.44%	32.90%
31	Unknown	1 α	28.43%	32.88%
32	5FLoWC…Rv8m	21 α	26.04%	29.75%
33	Kraken	8,508 α	26.04%	29.75%
34	Kraken	1,864 α	26.04%	29.75%
35	General Tensor	17,179 α	25.92%	29.58%
36	Openτensor Foundaτion	4,233 α	25.92%	29.58%
37	5G1NjW…nChe	1,906 α	25.92%	29.58%
38	General Tensor	690 α	25.92%	29.58%
39	Firepool	170 α	25.92%	29.58%
40	Subnet.ai	124 α	25.92%	29.58%
41	5G9mJM…423v	20 α	25.92%	29.58%
42	5EqYds…oaUf	9 α	25.91%	29.58%
43	5EByfp…JWs4	7 α	25.91%	29.58%
44	TAO.com	706,045 α	23.71%	26.75%
45	Yuma, a DCG Company	106,480 α	23.71%	26.75%
46	Crucible Labs	5,180 α	23.71%	26.75%
47	WildSage Labs (RT21)	65 α	23.71%	26.75%
48	5DLQGc…RZJV	0 α	21.34%	23.78%
49	5EoH9P…JHPH	11,499 α	—	—
50	5E4cTw…nvgv	11,499 α	—	—
51	Rizzo (Insured)	9,180 α	—	—
52	5DngfW…ouW3	3,482 α	—	—

Showing 16 of 52.

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: 21,600 blk
Max validators: 64
UIDs: 256
Reg. burn: 0.0005 τ
Registration: open
Weights rate: 5 blk
Activity cutoff: 5,000
Commit-reveal: on (1)
Serving rate: 50
κ (kappa): 32767
ρ (rho): 10

Top 64 UIDs by reward
UID	Hotkey	Coldkey	Role	Stake α	Consensus	Incentive	Dividend	Emission	Axon	Reg. block
1	5CyQFykV…1wxG	5HTeZ5…cc8a	validator	1,614,478	0.0%	0.0%	49.0%	72.331 α	—	#4,920,350
170	5EoH9PUV…JHPHinactive	5CcHGE…wMwR	validator	11,499	45.0%	45.0%	0.0%	66.421 α	—	#9,229,210
250	5E4cTwgT…nvgvinactive	5CcHGE…wMwR	validator	11,499	45.0%	45.0%	0.0%	66.421 α	—	#9,229,213
204	5E2LP6En…eZ5u	5GsbTg…pZX9	validator	847,048	0.0%	0.0%	33.7%	49.766 α	—	#7,929,346
169	5H9CnfVm…aJQrinactive	5CGMBw…H5s8	miner	89	10.0%	10.0%	0.0%	14.760 α	—	#9,240,168
114	5GP7c3fF…VCMi	5Dkwfx…VxVY	validator	330,087	0.0%	0.0%	9.1%	13.477 α	—	#8,512,176
212	5DFZEJwg…GBxf	5FHxxe…GpSs	validator	10,373	0.0%	0.0%	4.5%	6.622 α	54.228.70.29:8092	#6,463,803
73	5CsvRJXu…2zVp	5EJAqc…YzX2	validator	17,808	0.0%	0.0%	1.2%	1.824 α	—	#7,840,837
110	5CyQm9M2…2568	5GP1VN…JBG6	validator	21,024	0.0%	0.0%	0.6%	0.834 α	—	#7,670,690
55	5FLoWCDo…Rv8m	5EnXts…FCGK	validator	14,197	0.0%	0.0%	0.5%	0.806 α	—	#8,000,914
219	5H3pGapv…Juza	5Dw3wG…L65T	validator	16,656	0.0%	0.0%	0.5%	0.789 α	—	#8,783,721
218	5G9hfkx9…wrc5	5Ek8i6…t33f	validator	15,631	0.0%	0.0%	0.5%	0.738 α	—	#7,921,909
140	5HbScNss…FZdT	5F4Xca…txiD	validator	1,004	0.0%	0.0%	0.3%	0.415 α	—	#3,027,605
13	5Fbd1u9H…SFERinactive	5D4yZS…FGgS	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,215,662
14	5CB8wRUz…Yv5Sinactive	5GTWZT…6E7C	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,166,520
15	5EyidhUE…c6Kiinactive	5HHSg7…2mPq	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,219,424
16	5EjeZBGR…NQLminactive	5G3kax…nqgM	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,168,381
17	5D2cPRgG…XLGHinactive	5GZGJr…AdnP	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,172,638
18	5DZFLQLJ…3qFBinactive	5CJY8u…3oPs	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,221,238
19	5H9fe18Z…jsB5inactive	5CGPAm…nsrZ	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,223,788
20	5C53rKfG…HQGUinactive	5Cknxo…X7Js	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,161,259
21	5FRQfbgL…aNeHinactive	5Cg2N2…kVuR	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,220,750
22	5GWbxqJj…yNs6inactive	5GsUMf…Rhfm	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,163,247
23	5H9gBctJ…nVBdinactive	5Gbx3f…YnNo	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,240,140
24	5CmDMbEH…bvkjinactive	5FhQHQ…XRUD	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,221,843
25	5DyL6L8D…K7rCinactive	5FUcdy…i75C	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,223,178
26	5DXKQaAN…vGw4inactive	5Cknxo…X7Js	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,161,619
27	5DoaXwdT…Hgk6inactive	5G1o9S…GNgY	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,199,942
28	5GFEbTpA…NGafinactive	5GpRPP…K4eL	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,218,813
29	5FjV3EVU…2UYWinactive	5EKqMZ…NUuB	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,218,450
30	5EeGwW2x…C6jrinactive	5CMDmd…1pWD	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,170,453
31	5GZQ2eF6…6MdKinactive	5DAaKA…De1V	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,165,794
32	5FWGDgoa…4S6ainactive	5Cg2N2…kVuR	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,220,629
33	5CQJLVWS…KPkTinactive	5FjdEG…Xusv	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,175,191
34	5HdND1ij…Rju7inactive	5CGKyN…MEWF	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,202,248
35	5CtYufMt…qR5cinactive	5HgUcC…jMJe	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,217,239
36	5Fs6cf6f…JHyi	5FHUyX…6Scz	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,295,705
37	5CVMgct6…yhdjinactive	5Cknxo…X7Js	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,161,979
38	5C7cJpTT…WwZqinactive	5FUcdy…i75C	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,222,935
39	5FvMfe9t…KbgCinactive	5FhLmQ…S4iK	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,172,275
40	5HjCmzdh…hsJPinactive	5EWuA3…7bCU	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,237,309
41	5HVUDZHi…aYHpinactive	5CMLA2…SMZW	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,171,179
42	5FZ1FUMs…eLYKinactive	5Do3jm…PFC9	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,220,216
43	5Hh4NTNA…P8Xainactive	5Cknxo…X7Js	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,162,459
44	5DPq4w8J…Ebpninactive	5GsUMf…Rhfm	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,165,411
45	5HMZ4ZEj…GpRkinactive	5Dq3k1…YDzr	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,168,259
46	5Hj6hrVG…FHbRinactive	5FjdEG…Xusv	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,175,069
47	5GpgXbym…p9nkinactive	5CSJYQ…k5ey	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,169,119
48	5GZBL5jN…Uppwinactive	5GsUMf…Rhfm	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,164,693
49	5DhUqG9R…bzbcinactive	5D4yZS…FGgS	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,215,297
50	5GWUL5Nn…tAGtinactive	5EyMhr…k6Uv	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,167,630
51	5Frz68C6…ngLainactive	5HDhuw…xpzJ	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,216,148
0	5G9nkeqf…hLAdinactive	5GsUMf…Rhfm	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,163,370
2	5H45rSuE…RQYEinactive	5FhLmQ…S4iK	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,172,396
3	5FEwpc3i…ktq9inactive	5CMLA2…SMZW	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,171,300
4	5ERLYe1G…fFc7inactive	5D4yZS…FGgS	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,215,783
5	5G1LoUkp…D1Azinactive	5CJY8u…3oPs	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,220,996
6	5DfFkAdw…4vGbinactive	5HgUcC…jMJe	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,217,118
7	5GdqSrYz…vfJQinactive	5FhLmQ…S4iK	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,172,033
8	5Fk3CeDx…XfxGinactive	5GsUMf…Rhfm	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,165,052
9	5F9JmUft…uX1Qinactive	5EneTV…jrWD	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,169,604
10	5CSNmNyC…FVJuinactive	5FjdEG…Xusv	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,175,313
11	5DykxU1C…17roinactive	5GsPvQ…MUgM	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,222,693
12	5CfKPWfV…vh1Dinactive	5HgUcC…jMJe	miner	0	0.0%	0.0%	0.0%	0.000 α	—	#9,217,482

Child keys (78)

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→5G1NjW9Y…nChe100.0%

5CAQAgXx…7FmJ→5CyQFykV…1wxG100.0%

5CBDhkBx…8S3A→5G1NjW9Y…nChe100.0%

5CDCHJFp…iJ52→5CyQFykV…1wxG100.0%

5CSAGuiJ…a4t1→5FnGPRV7…MVZZ100.0%

5CUysqNg…ws6B→5G1NjW9Y…nChe100.0%

5CV93B17…fQF2→5FYwKoHY…Q8mi100.0%

5CcD4RLF…Dcdb→5G9hfkx9…wrc5100.0%

5Ckaoft1…uUes→5DFZEJwg…GBxf100.0%

5CoZxgtf…bifj→5E2LP6En…eZ5u100.0%

5CqRMuYS…b9Ed→5E2LP6En…eZ5u100.0%

5CszMVts…gMUV→5E2LP6En…eZ5u100.0%

5D4gEn5S…kZ4f→5E2LP6En…eZ5u100.0%

5D4oo3Z5…rWSj→5Ec3HdYt…qAM9100.0%

5DD6hMnC…P3KL→5GKH9FPP…TrP1100.0%

5DLQGc9D…RZJV→5CyQFykV…1wxG100.0%

5DM7CPqP…xmtX→5E2LP6En…eZ5u100.0%

5DUuFhF4…k2GU→5E2LP6En…eZ5u100.0%

5DXdHixx…L1S1→5CyQFykV…1wxG100.0%

5Dd8gaRN…GrWv→5FFSag8N…A6fU100.0%

5Deo9Q3S…zD9Y→5E2LP6En…eZ5u100.0%

5DjtmV76…T4Kd→5E2LP6En…eZ5u100.0%

5DkFEQdE…M7Fn→5H9ABR2Z…L9dd100.0%

5DvDypN8…diFp→5E2LP6En…eZ5u100.0%

5DvTpini…N2ed→5E2LP6En…eZ5u100.0%

5E4z3h9y…ULde→5E2LP6En…eZ5u100.0%

5EAdPk76…pYDc→5E2LP6En…eZ5u100.0%

5EByfpgR…JWs4→5E2LP6En…eZ5u100.0%

5ELREhAp…qwVh→5H3pGapv…Juza100.0%

5EWLgJHB…aVrk→5FnGPRV7…MVZZ100.0%

5EqYdsxW…oaUf→5E2LP6En…eZ5u100.0%

5EtUYRu7…tvzs→5E2LP6En…eZ5u100.0%

5F27Eqz2…NvoY→5DvDypN8…diFp100.0%

5F7dvCS7…r6LW→5E2LP6En…eZ5u100.0%

5FBqnTwn…4WUw→5G9hfkx9…wrc5100.0%

5FFM6Nvv…UWgt→5E2LP6En…eZ5u100.0%

5FFSBkNi…VR86→5CyQm9M2…2568100.0%

5FWB5CFZ…jkg5→5E2LP6En…eZ5u100.0%

5FeKsRjZ…9DGg→5E2LP6En…eZ5u100.0%

5FnGPRV7…MVZZ→5CqRMuYS…b9Ed100.0%

…and 38 more

Verified

Balances as of 17 Oct 2026 01:12 UTC. Checked against the chain 17 Oct 2026 01:22 UTC. Last exact chain read: holder refresh at block 9,293,582 (16 Oct 2026 04:45 UTC).

Holders

1,275

Top holder

24.5%

owner & escrow excluded

Top 10

61.1%

Nakamoto

Nakamoto 5 = the fewest coldkeys that together hold a majority. HHI 0.086 (0 = evenly spread, 1 = one holder, min-normalised so it is not comparable to the raw HHI most explorers publish), Gini 0.965.

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 00:50 UTC at block 9,299,631. 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 ($275.63, 17 Oct 2026 00:50 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	5GG1pRKr…mKvd	736,201 α	4,322 τ · $1.2M	−623.05 τ · −$318.4K	+6,687 α+39.26 τ · +$10.8K	−583.79 τ · −$307.6K	Full history	24.28%
2	5EJomeY2…gcFu	365,556 α	2,146 τ · $591.5K	—	—	—	Unverified	12.06%
3	5GuRLEMg…iuaC	190,774 α	1,120 τ · $308.7K	−578.82 τ · −$83.2K	+7,005 α+41.12 τ · +$11.3K	−537.70 τ · −$71.8K	Since 1 Sep	6.29%
4	5EHNApmi…DGTd	108,433 α	636.51 τ · $175.4K	—	—	—	Unverified	3.58%
5	5CTWErcG…ihyV	102,218 α	600.03 τ · $165.4K	−681.25 τ · −$39.0K	+6,724 α+39.47 τ · +$10.9K	−641.77 τ · −$28.1K	Since 1 Sep	3.37%
6	5CqugXQG…NvMK	81,045 α	475.74 τ · $131.1K	−245.68 τ · −$35.3K	+3,049 α+17.90 τ · +$4.9K	−227.78 τ · −$30.4K	Since 1 Sep	2.67%
7	5GzuSUhq…Jrp9	71,542 α	419.97 τ · $115.8K	—	—	—	Unverified	2.36%
8	5GQfxJJm…ABh8	61,093 α	358.63 τ · $98.8K	−27.32 τ · −$13.2K	−<0.01 α−<0.01 τ · −<$0.01	−27.32 τ · −$13.2K	Full history	2.02%
9	5DWDSZDH…ptAa	60,739 α	356.54 τ · $98.3K	−184.13 τ · −$26.5K	+2,285 α+13.42 τ · +$3.7K	−170.71 τ · −$22.8K	Since 1 Sep	2.00%
10	5G23mT5E…nbek	55,630 α	326.56 τ · $90.0K	−154.45 τ · −$27.4K	+1,767 α+10.38 τ · +$2.9K	−144.08 τ · −$24.5K	Since 1 Sepⓘ	1.83%
11	5CGCpWr2…L7Bw	51,629 α	303.06 τ · $83.5K	−162.27 τ · −$26.2K	+1,883 α+11.05 τ · +$3.0K	−151.22 τ · −$23.2K	Since 1 Sep	1.70%
12	5F4nqDQD…t5ms	46,052 α	270.33 τ · $74.5K	−139.60 τ · −$20.1K	+1,734 α+10.18 τ · +$2.8K	−129.42 τ · −$17.3K	Since 1 Sep	1.52%
13	5F6URonf…X4sk	42,660 α	250.42 τ · $69.0K	−129.45 τ · −$18.6K	+1,565 α+9.18 τ · +$2.5K	−120.26 τ · −$16.1K	Since 1 Sep	1.41%
14	5EFZf5pn…ons6	34,745 α	203.95 τ · $56.2K	−105.65 τ · −$15.2K	+1,172 α+6.88 τ · +$1.9K	−98.77 τ · −$13.3K	Since 1 Sep	1.15%
15	5DG6noZ8…rM1u	33,056 α	194.04 τ · $53.5K	−120.92 τ · −$17.1K	+1,472 α+8.64 τ · +$2.4K	−112.28 τ · −$14.7K	Since 1 Sep	1.09%
16	5ChVPJGi…uthU	30,631 α	179.80 τ · $49.6K	—	—	—	Unverified	1.01%
17	5GjAmGPW…2yDM	28,978 α	170.11 τ · $46.9K	−23.17 τ	+456.48 α+2.68 τ	−20.49 τ	Full historyⓘ	0.96%
18	5EZYHCoE…uP9D	28,349 α	166.41 τ · $45.9K	−85.94 τ · −$12.3K	+1,067 α+6.26 τ · +$1.7K	−79.68 τ · −$10.6K	Since 1 Sep	0.94%
19	5HAnGFbh…opXr	27,594 α	161.99 τ · $44.6K	−21.21 τ · −$14.4K	+598.42 α+3.51 τ · +$968.26	−17.70 τ · −$13.5K	Full history	0.91%
20	5DFjenss…tnu3	27,562 α	161.79 τ · $44.6K	−78.08 τ · +$4.1K	+1,456 α+8.55 τ · +$2.4K	−69.54 τ · +$6.5K	Since 1 Sepⓘ	0.91%
21	5ELtwdrq…92am	26,287 α	154.31 τ · $42.5K	−21.23 τ · −$8.5K	+298.73 α+1.75 τ · +$483.34	−19.48 τ · −$8.0K	Full historyⓘ	0.87%
22	5EyB11xw…DR8g	25,323 α	148.65 τ · $41.0K	−77.90 τ · −$11.2K	+593.24 α+3.48 τ · +$959.84	−74.41 τ · −$10.2K	Since 1 Sep	0.84%
23	5CcHGEqK…wMwRValidator	22,864 α	134.22 τ · $37.0K	0.00 τ · $0.00	+22,864 α+134.22 τ · +$37.0K	+134.22 τ · +$37.0K	Full history	0.68%
24	5FNM2TdF…Mokm	19,440 α	114.12 τ · $31.5K	−59.53 τ · −$8.6K	+540.25 α+3.17 τ · +$874.11	−56.36 τ · −$7.7K	Since 1 Sep	0.64%
25	5ChcJ724…9FRE	17,716 α	103.99 τ · $28.7K	−53.73 τ · −$7.7K	+657.06 α+3.86 τ · +$1.1K	−49.88 τ · −$6.7K	Since 1 Sep	0.58%
26	5HTeZ516…cc8aOwnerValidator	17,702 α	103.91 τ · $28.6K	+636.79 τ · +$324.3K	+785,476 α+4,611 τ · +$1.3M	+5,248 τ · +$1.6M	Full historyⓘ	0.54%
27	5CczkGSv…gxKn	14,523 α	85.25 τ · $23.5K	−44.41 τ · −$6.4K	+493.15 α+2.89 τ · +$797.90	−41.52 τ · −$5.6K	Since 1 Sep	0.48%
28	5EmXxf7f…e3GL	14,147 α	83.04 τ · $22.9K	−5.27 τ · −$1.7K	+114.05 α+0.67 τ · +$184.53	−4.60 τ · −$1.5K	Full history	0.47%
29	5GASRans…EbvM	14,147 α	83.04 τ · $22.9K	−5.18 τ · −$1.7K	+114.05 α+0.67 τ · +$184.53	−4.51 τ · −$1.5K	Full history	0.47%
30	5Cq9rCPc…s1gJ	13,172 α	77.32 τ · $21.3K	−39.93 τ · −$5.7K	+495.62 α+2.91 τ · +$801.89	−37.02 τ · −$4.9K	Since 1 Sep	0.43%
31	5EYCAe5j…tp7sBasket escrow	≈13,099 α	76.96 τ · $21.1K	—	—	—	—	0.43%
32	5CiPmUNQ…v26r	12,974 α	76.16 τ · $21.0K	−11.08 τ · −$4.3K	+90.45 α+0.53 τ · +$146.34	−10.55 τ · −$4.2K	Since 1 Sep	0.43%
33	5Cw9kWG4…xm3e	12,646 α	74.23 τ · $20.5K	−38.47 τ · −$5.5K	+434.02 α+2.55 τ · +$702.23	−35.92 τ · −$4.8K	Since 1 Sep	0.42%
34	5GC4gjpb…i4mP	11,298 α	66.32 τ · $18.3K	−27.25 τ · −$5.6K	+307.48 α+1.81 τ · +$497.52	−25.45 τ · −$5.1K	Since 1 Sep	0.37%
35	5E4pt8Ho…GCDt	11,236 α	65.95 τ · $18.2K	−29.61 τ · −$4.7K	+376.12 α+2.21 τ · +$608.55	−27.40 τ · −$4.1K	Since 1 Sep	0.37%
36	5FyVfyq6…sy3M	10,931 α	64.17 τ · $17.7K	−33.18 τ · −$4.8K	+397.37 α+2.33 τ · +$642.96	−30.85 τ · −$4.1K	Since 1 Sep	0.36%
37	5DkH4JP4…JA6o	10,599 α	62.22 τ · $17.1K	−32.13 τ · −$4.6K	+398.82 α+2.34 τ · +$645.27	−29.79 τ · −$4.0K	Since 1 Sep	0.35%
38	5GBb1YTH…9GVm	10,444 α	61.31 τ · $16.9K	−29.88 τ · −$5.8K	+201.58 α+1.18 τ · +$326.16	−28.69 τ · −$5.4K	Full history	0.34%
39	5FTTDEqd…Yuw2	10,127 α	59.45 τ · $16.4K	−30.66 τ · −$4.4K	+382.18 α+2.24 τ · +$618.36	−28.41 τ · −$3.7K	Since 1 Sep	0.33%
40	5EBuUXD6…Z8Ff	8,775 α	51.51 τ · $14.2K	−26.67 τ · −$3.8K	+307.26 α+1.80 τ · +$497.14	−24.87 τ · −$3.3K	Since 1 Sep	0.29%
41	5HTGyVdq…73xg	8,579 α	50.36 τ · $13.9K	−15.27 τ · −$4.8K	+192.85 α+1.13 τ · +$312.03	−14.14 τ · −$4.5K	Full historyⓘ	0.28%
42	5HpsAGqs…6ixx	8,510 α	49.95 τ · $13.8K	−16.57 τ · −$2.9K	+277.45 α+1.63 τ · +$448.92	−14.94 τ · −$2.5K	Since 1 Sep	0.28%
43	5GHg6ASH…jwWR	8,408 α	49.36 τ · $13.6K	−25.63 τ · −$3.7K	+272.07 α+1.60 τ · +$440.22	−24.03 τ · −$3.2K	Since 1 Sep	0.28%
44	5EwCxRzZ…f6VB	8,403 α	49.33 τ · $13.6K	−25.61 τ · −$3.7K	+271.91 α+1.60 τ · +$439.95	−24.02 τ · −$3.2K	Since 1 Sep	0.28%
45	5HiqMTKT…Sgog	8,352 α	49.03 τ · $13.5K	−25.36 τ · −$3.6K	+299.88 α+1.76 τ · +$485.21	−23.60 τ · −$3.2K	Since 1 Sep	0.28%
46	5FHF8cDs…yLTa	8,260 α	48.49 τ · $13.4K	−2.37 τ · −$1.3K	+2.15 α+0.01 τ · +$3.47	−2.36 τ · −$1.3K	Full history	0.27%
47	5CmAJrN6…bjMD	8,065 α	47.34 τ · $13.0K	−24.91 τ · −$3.5K	+258.44 α+1.52 τ · +$418.14	−23.40 τ · −$3.1K	Since 1 Sep	0.27%
48	5CqSuJKp…DX7X	7,875 α	46.23 τ · $12.7K	−30.12 τ · −$5.3K	+230.20 α+1.35 τ · +$372.45	−28.77 τ · −$4.9K	Full history	0.26%
49	5Fr4xKuv…1EcV	7,754 α	45.52 τ · $12.5K	−23.50 τ · −$3.4K	+291.77 α+1.71 τ · +$472.08	−21.79 τ · −$2.9K	Since 1 Sep	0.26%
50	5Djtjw5p…8uGD	7,404 α	43.46 τ · $12.0K	−1.02 τ · −$788.12	+140.79 α+0.83 τ · +$227.79	−0.20 τ · −$560.33	Full historyⓘ	0.24%

Concentration history

Holders1,275

2026-09-251,244 – 1,5692026-10-17

Nakamoto5

2026-09-255 – 112026-10-17

Top 10 share61.1%

2026-09-2548.2% – 63.0%2026-10-17

HHI0.086

2026-09-250.042 – 0.0912026-10-17

Total α3,028,688 α

2026-09-252,930,530 α – 3,134,641 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-chainIdentityBetween blocks 9,290,467 and 9,290,493· Oct 15, 2026, 18:22 UTC
SN25 updated its on-chain identity
Logo updated. Description updated.
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, SN12, SN13, SN14, SN15, SN16, SN17, SN18, SN19, SN20, SN21, SN22, SN23, SN24, SN25 (this subnet), 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 9,271,302 and 9,271,367· Oct 13, 2026, 02:37 UTC
Validator Astrid (5ELR…qwVh) scheduled a child-key change on 29 subnets
Validator hotkey 5ELREhApbCahM7FyGLM1V9WDsnnjCRmMCJTmtQD51oAEqwVh announced new child keys on SN8, SN9, SN12, SN19, SN20, SN21, SN23, SN25, SN41, SN44, SN47, SN52 and 17 more, applying at block 9,278,533 (~24h). Stake delegated to it there routes through its children after that.
Parent Astrid · SN8, SN9, SN12, SN19, SN20, SN21, SN23, SN25 (this subnet), SN41, SN44, SN47, SN52, SN54, SN55, SN56, SN65, SN68, SN73, SN87, SN91, SN93, SN107, SN109, SN110, SN112, SN113, SN122, SN126, SN128
On-chainChild keysBetween blocks 9,258,244 and 9,258,311· Oct 11, 2026, 07:05 UTC
Validator Tensorplex Labs (5E4z…ULde) scheduled a child-key change on 22 subnets
Validator hotkey 5E4z3h9yVhmQyCFWNbY9BPpwhx4xFiPwq3eeqmBgVF6KULde announced new child keys on SN16, SN17, SN20, SN21, SN22, SN23, SN24, SN25, SN26, SN27, SN28, SN29 and 10 more, applying at block 9,265,446 (~24h). Stake delegated to it there routes through its children after that.
Parent Tensorplex Labs · SN16, SN17, SN20, SN21, SN22, SN23, SN24, SN25 (this subnet), SN26, SN27, SN28, SN29, SN30, SN31, SN32, SN33, SN37, SN39, SN40, SN41, SN42, SN43
On-chainChild keysBetween blocks 9,246,701 and 9,246,928· Oct 9, 2026, 17:09 UTC
Validator Yuma, a DCG Company (5DXd…L1S1) scheduled a child-key change on SN25
Validator hotkey 5DXdHixxtCvoa6GHKs2Jgrdzc61882Ftx1zN2sYFQuwgL1S1 announced new child keys on SN25, applying at block 9,253,914 (~24h). Stake delegated to it there routes through its children after that.
Parent Yuma, a DCG Company · SN25 (this subnet)
On-chainChild keysBetween blocks 9,239,564 and 9,239,798· Oct 8, 2026, 17:22 UTC
Validator WildSage Labs (RT21) (5H9A…L9dd) scheduled a child-key change on SN25
Validator hotkey 5H9ABR2Z4hvFkZycn3DuUfWvRYUAQXXu46uHgLFaNZ1ZL9dd announced new child keys on SN25, applying at block 9,246,930 (~24h). Stake delegated to it there routes through its children after that.
Parent WildSage Labs (RT21) · SN25 (this subnet)
On-chainChild keysBetween blocks 9,239,273 and 9,239,426· Oct 8, 2026, 16:07 UTC
Validator Yuma, a DCG Company (5DXd…L1S1) scheduled a child-key change on SN25
Validator hotkey 5DXdHixxtCvoa6GHKs2Jgrdzc61882Ftx1zN2sYFQuwgL1S1 announced new child keys on SN25, applying at block 9,246,579 (~24h). Stake delegated to it there routes through its children after that.
Parent Yuma, a DCG Company · SN25 (this subnet)
On-chainChild keysBetween blocks 9,239,273 and 9,239,426· Oct 8, 2026, 16:07 UTC
Validator 01Lamida, Inc. (5CqR…b9Ed) scheduled a child-key change on SN25
Validator hotkey 5CqRMuYSSqYkSa8AM3VawVfdyUhyBufyesvvgh3vCgaGb9Ed announced new child keys on SN25, applying at block 9,246,557 (~24h). Stake delegated to it there routes through its children after that.
Parent 01Lamida, Inc. · SN25 (this subnet)
On-chainChild keysBetween blocks 9,237,965 and 9,238,029· Oct 8, 2026, 11:28 UTC
Validator Crucible Labs (5CAQ…7FmJ) scheduled a child-key change on SN25
Validator hotkey 5CAQAgXxoU3NPo1YG5VQKz4Ackh7goNx3TvPD9A6LoqA7FmJ announced new child keys on SN25, applying at block 9,245,173 (~24h). Stake delegated to it there routes through its children after that.
Parent Crucible Labs · SN25 (this subnet)
On-chainChild keysBetween blocks 9,236,306 and 9,236,369· Oct 8, 2026, 05:56 UTC
Validator Owner25 (5CyQ…1wxG) re-scheduled a child-key change on SN25
Validator hotkey 5CyQFykVpfa9xgZVGgBsiNUpjbo1EihBTSkPvDC1FZbL1wxG announced new child keys on SN25, applying at block 9,243,554 (~24h). Stake delegated to it there routes through its children after that. On SN25 it replaces the change that was pending for block 9,238,988, which will not apply then.
Parent Owner25 · SN25 (this subnet)
On-chainChild keysBetween blocks 9,235,988 and 9,236,052· Oct 8, 2026, 04:53 UTC
Validator 5HK2…YYXr scheduled a child-key change on 3 subnets
Validator hotkey 5HK2LZRrvj581VjyxuFxb6ehFZoNi5PqAg3Y2HsmYPhGYYXr announced new child keys on SN6, SN9, SN25, applying at block 9,243,192 (~24h). Stake delegated to it there routes through its children after that.
Parent 5HK2LZ…YYXr · SN6, SN9, SN25 (this subnet)
On-chainChild keysBetween blocks 9,235,988 and 9,236,052· Oct 8, 2026, 04:53 UTC
Validator 5HK1…RJAK scheduled a child-key change on 3 subnets
Validator hotkey 5HK1Ubcg6MBwDGW7Td4RtAvE1FNyvkHvXKfwymW9q1BCRJAK announced new child keys on SN6, SN9, SN25, applying at block 9,243,189 (~24h). Stake delegated to it there routes through its children after that.
Parent 5HK1Ub…RJAK · SN6, SN9, SN25 (this subnet)
On-chainChild keysBetween blocks 9,235,988 and 9,236,052· Oct 8, 2026, 04:53 UTC
Validator Kiln (5F7d…r6LW) scheduled a child-key change on 3 subnets
Validator hotkey 5F7dvCS7mdzJU4o9bAUx4LPgpF3XeMM1XEz9nVqVNga9r6LW announced new child keys on SN6, SN9, SN25, applying at block 9,243,195 (~24h). Stake delegated to it there routes through its children after that.
Parent Kiln · SN6, SN9, SN25 (this subnet)
On-chainChild keysBetween blocks 9,235,988 and 9,236,052· Oct 8, 2026, 04:53 UTC
Validator 5EqY…oaUf scheduled a child-key change on 3 subnets
Validator hotkey 5EqYdsxW1EYfb7PdJrazCYd1JuunqhABtHSWKh34jPbQoaUf announced new child keys on SN6, SN9, SN25, applying at block 9,243,198 (~24h). Stake delegated to it there routes through its children after that.
Parent 5EqYds…oaUf · SN6, SN9, SN25 (this subnet)
On-chainMiner burnDetected 8d ago· Oct 8, 2026, 02:06 UTC
SN25 miner burn down to 0%
The subnet burns 0% of its miner emission now (was 100%): miners are being paid again.
On-chainHyperparametersDetected 9d ago· Oct 7, 2026, 14:47 UTC
SN25 turned commit-reveal on
Commit-reveal: off → on.
On-chainChild keysBetween blocks 9,231,724 and 9,231,788· Oct 7, 2026, 14:40 UTC
Validator Owner25 (5CyQ…1wxG) scheduled a child-key change on SN25
Validator hotkey 5CyQFykVpfa9xgZVGgBsiNUpjbo1EihBTSkPvDC1FZbL1wxG announced new child keys on SN25, applying at block 9,238,988 (~24h). Stake delegated to it there routes through its children after that.
Parent Owner25 · SN25 (this subnet)
On-chainChild keysBetween blocks 9,224,840 and 9,224,904· Oct 6, 2026, 15:43 UTC
Validator 5HK2…YYXr scheduled a child-key change on 3 subnets
Validator hotkey 5HK2LZRrvj581VjyxuFxb6ehFZoNi5PqAg3Y2HsmYPhGYYXr announced new child keys on SN9, SN25, SN65, applying at block 9,232,092 (~24h). Stake delegated to it there routes through its children after that.
Parent 5HK2LZ…YYXr · SN9, SN25 (this subnet), SN65
On-chainChild keysBetween blocks 9,224,840 and 9,224,904· Oct 6, 2026, 15:43 UTC
Validator 5HK1…RJAK scheduled a child-key change on 3 subnets
Validator hotkey 5HK1Ubcg6MBwDGW7Td4RtAvE1FNyvkHvXKfwymW9q1BCRJAK announced new child keys on SN9, SN25, SN65, applying at block 9,232,089 (~24h). Stake delegated to it there routes through its children after that.
Parent 5HK1Ub…RJAK · SN9, SN25 (this subnet), SN65
On-chainChild keysBetween blocks 9,224,840 and 9,224,904· Oct 6, 2026, 15:43 UTC
Validator Kiln (5F7d…r6LW) scheduled a child-key change on 3 subnets
Validator hotkey 5F7dvCS7mdzJU4o9bAUx4LPgpF3XeMM1XEz9nVqVNga9r6LW announced new child keys on SN9, SN25, SN65, applying at block 9,232,095 (~24h). Stake delegated to it there routes through its children after that.
Parent Kiln · SN9, SN25 (this subnet), SN65
On-chainChild keysBetween blocks 9,224,840 and 9,224,904· Oct 6, 2026, 15:43 UTC
Validator 5EqY…oaUf scheduled a child-key change on 3 subnets
Validator hotkey 5EqYdsxW1EYfb7PdJrazCYd1JuunqhABtHSWKh34jPbQoaUf announced new child keys on SN9, SN25, SN65, applying at block 9,232,098 (~24h). Stake delegated to it there routes through its children after that.
Parent 5EqYds…oaUf · SN9, SN25 (this subnet), SN65
On-chainChild keysBetween blocks 9,224,779 and 9,224,840· Oct 6, 2026, 15:30 UTC
Validator TAO.com (5HK5…EpeN) scheduled a child-key change on 2 subnets
Validator hotkey 5HK5tp6t2S59DywmHRWPBVJeJ86T61KjurYqeooqj8sREpeN announced new child keys on SN25, SN30, applying at block 9,231,994 (~24h). Stake delegated to it there routes through its children after that.
Parent TAO.com · SN25 (this subnet), SN30
On-chainChild keysBetween blocks 9,216,184 and 9,216,244· Oct 5, 2026, 10:51 UTC
Validator 5HK2…YYXr scheduled a child-key change on 4 subnets
Validator hotkey 5HK2LZRrvj581VjyxuFxb6ehFZoNi5PqAg3Y2HsmYPhGYYXr announced new child keys on SN25, SN31, SN61, SN65, applying at block 9,223,392 (~24h). Stake delegated to it there routes through its children after that.
Parent 5HK2LZ…YYXr · SN25 (this subnet), SN31, SN61, SN65
On-chainChild keysBetween blocks 9,216,184 and 9,216,244· Oct 5, 2026, 10:51 UTC
Validator 5HK1…RJAK scheduled a child-key change on 4 subnets
Validator hotkey 5HK1Ubcg6MBwDGW7Td4RtAvE1FNyvkHvXKfwymW9q1BCRJAK announced new child keys on SN25, SN31, SN61, SN65, applying at block 9,223,389 (~24h). Stake delegated to it there routes through its children after that.
Parent 5HK1Ub…RJAK · SN25 (this subnet), SN31, SN61, SN65
On-chainChild keysBetween blocks 9,216,184 and 9,216,244· Oct 5, 2026, 10:51 UTC
Validator Kiln (5F7d…r6LW) scheduled a child-key change on 4 subnets
Validator hotkey 5F7dvCS7mdzJU4o9bAUx4LPgpF3XeMM1XEz9nVqVNga9r6LW announced new child keys on SN25, SN31, SN61, SN65, applying at block 9,223,395 (~24h). Stake delegated to it there routes through its children after that.
Parent Kiln · SN25 (this subnet), SN31, SN61, SN65
On-chainChild keysBetween blocks 9,216,184 and 9,216,244· Oct 5, 2026, 10:51 UTC
Validator 5EqY…oaUf scheduled a child-key change on 4 subnets
Validator hotkey 5EqYdsxW1EYfb7PdJrazCYd1JuunqhABtHSWKh34jPbQoaUf announced new child keys on SN25, SN31, SN61, SN65, applying at block 9,223,398 (~24h). Stake delegated to it there routes through its children after that.
Parent 5EqYds…oaUf · SN25 (this subnet), SN31, SN61, SN65
On-chainChild keysBetween blocks 9,211,273 and 9,211,333· Oct 4, 2026, 18:29 UTC
Validator Crucible Labs (5CAQ…7FmJ) scheduled a child-key change on 5 subnets
Validator hotkey 5CAQAgXxoU3NPo1YG5VQKz4Ackh7goNx3TvPD9A6LoqA7FmJ announced new child keys on SN25, SN41, SN47, SN84, SN117, applying at block 9,218,497 (~24h). Stake delegated to it there routes through its children after that.
Parent Crucible Labs · SN25 (this subnet), SN41, SN47, SN84, SN117
On-chainChild keysBetween blocks 9,204,985 and 9,205,045· Oct 3, 2026, 21:31 UTC
Validator Firepool (5Deo…zD9Y) scheduled a child-key change on 67 subnets
Validator hotkey 5Deo9Q3SnZWNPSEPRTgapbyy6egKu2oaNSqD4RQHHJEuzD9Y announced new child keys on SN4, SN5, SN6, SN8, SN9, SN10, SN13, SN14, SN16, SN18, SN20, SN21 and 55 more, applying at block 9,212,198 (~24h). Stake delegated to it there routes through its children after that.
Parent Firepool · SN4, SN5, SN6, SN8, SN9, SN10, SN13, SN14, SN16, SN18, SN20, SN21, SN23, SN24, SN25 (this subnet), SN27, SN28, SN29, SN30, SN31, SN33, SN35, SN37, SN38, SN40, SN41, SN45, SN47, SN49, SN50, SN51, SN53, SN54, SN55, SN57, SN58, SN61, SN62, SN65, SN66, SN72, SN73, SN75, SN77, SN78, SN80, SN83, SN87, SN88, SN91, SN94, SN95, SN100, SN101, SN109, SN110, SN111, SN112, SN113, SN115, SN117, SN119, SN123, SN125, SN126, SN127, SN128
On-chainChild keysBetween blocks 9,184,930 and 9,184,993· Oct 1, 2026, 02:41 UTC
Validator Astrid (5ELR…qwVh) scheduled a child-key change on 15 subnets
Validator hotkey 5ELREhApbCahM7FyGLM1V9WDsnnjCRmMCJTmtQD51oAEqwVh announced new child keys on SN9, SN13, SN21, SN22, SN24, SN25, SN30, SN38, SN41, SN44, SN50, SN73 and 3 more, applying at block 9,192,138 (~24h). Stake delegated to it there routes through its children after that.
Parent Astrid · SN9, SN13, SN21, SN22, SN24, SN25 (this subnet), SN30, SN38, SN41, SN44, SN50, SN73, SN80, SN88, SN95
On-chainChild keysBetween blocks 9,177,155 and 9,177,217· Sep 30, 2026, 00:46 UTC
Validator 5HK2…YYXr scheduled a child-key change on 2 subnets
Validator hotkey 5HK2LZRrvj581VjyxuFxb6ehFZoNi5PqAg3Y2HsmYPhGYYXr announced new child keys on SN13, SN25, applying at block 9,184,392 (~24h). Stake delegated to it there routes through its children after that.
Parent 5HK2LZ…YYXr · SN13, SN25 (this subnet)
On-chainChild keysBetween blocks 9,177,155 and 9,177,217· Sep 30, 2026, 00:46 UTC
Validator 5HK1…RJAK scheduled a child-key change on 2 subnets
Validator hotkey 5HK1Ubcg6MBwDGW7Td4RtAvE1FNyvkHvXKfwymW9q1BCRJAK announced new child keys on SN13, SN25, applying at block 9,184,389 (~24h). Stake delegated to it there routes through its children after that.
Parent 5HK1Ub…RJAK · SN13, SN25 (this subnet)
On-chainChild keysBetween blocks 9,177,155 and 9,177,217· Sep 30, 2026, 00:46 UTC
Validator Kiln (5F7d…r6LW) scheduled a child-key change on 2 subnets
Validator hotkey 5F7dvCS7mdzJU4o9bAUx4LPgpF3XeMM1XEz9nVqVNga9r6LW announced new child keys on SN13, SN25, applying at block 9,184,395 (~24h). Stake delegated to it there routes through its children after that.
Parent Kiln · SN13, SN25 (this subnet)
On-chainChild keysBetween blocks 9,177,155 and 9,177,217· Sep 30, 2026, 00:46 UTC
Validator 5EqY…oaUf scheduled a child-key change on 2 subnets
Validator hotkey 5EqYdsxW1EYfb7PdJrazCYd1JuunqhABtHSWKh34jPbQoaUf announced new child keys on SN13, SN25, applying at block 9,184,398 (~24h). Stake delegated to it there routes through its children after that.
Parent 5EqYds…oaUf · SN13, SN25 (this subnet)
On-chainChild keysBetween blocks 9,154,806 and 9,154,869· Sep 26, 2026, 22:16 UTC
Validator Firepool (5Deo…zD9Y) scheduled a child-key change on 75 subnets
Validator hotkey 5Deo9Q3SnZWNPSEPRTgapbyy6egKu2oaNSqD4RQHHJEuzD9Y announced new child keys on SN5, SN6, SN8, SN9, SN10, SN13, SN14, SN15, SN17, SN19, SN20, SN21 and 63 more, applying at block 9,162,013 (~24h). Stake delegated to it there routes through its children after that.
Parent Firepool · SN5, SN6, SN8, SN9, SN10, SN13, SN14, SN15, SN17, SN19, SN20, SN21, SN23, SN24, SN25 (this subnet), SN27, SN29, SN30, SN31, SN33, SN36, SN37, SN38, SN39, SN41, SN42, SN44, SN45, SN46, SN49, SN50, SN51, SN53, SN54, SN56, SN57, SN58, SN61, SN62, SN64, SN65, SN66, SN68, SN72, SN73, SN75, SN77, SN80, SN82, SN83, SN87, SN88, SN91, SN93, SN94, SN95, SN100, SN101, SN102, SN107, SN109, SN110, SN111, SN112, SN113, SN114, SN115, SN116, SN119, SN121, SN123, SN125, SN126, SN127, SN128
On-chainLarge tradeBlock 9,118,922· Sep 21, 2026, 22:25 UTC
SN25 large sell: 828.3 τ
coldkey 5CTW…ihyV sold 124,170.46 α for 828.34 τ — 6.1% of the pool's τ before the trade.
Sell · 828.34 τ · 124,170 α · 6.1% of pool · 5CTWEr…ihyV
On-chainLarge tradeBlock 9,118,846· Sep 21, 2026, 22:10 UTC
SN25 large sell: 706.7 τ
coldkey 5CTW…ihyV sold 88,156.92 α for 706.69 τ — 4.8% of the pool's τ before the trade.
Sell · 706.69 τ · 88,157 α · 4.8% of pool · 5CTWEr…ihyV

Newest first, the 36 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

1,117,329 α

≈ 6,564 τ · $1.8M

Owner conviction

1,117,329 α

≈ 6,564 τ · $1.8M

Hotkey locks Σ

0 α

≈ 0.00 τ · $0.00

Registration lock

—

Deregistration standing

Rank #78 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 9,299,637 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: 5CyQFykV…1wxG · 1,117,329 α conviction

Account	Kind	Locked α	Value	Conviction α	Matured
5HTeZ516…cc8a	owner · perpetual + 162,106 α decaying	1,117,328.71 α	6,564 τ · $1.8M	1,117,328.71 α	100%
5GG1pRKr…mKvd	coldkey	545,091.33 α	3,202 τ · $877.2K	545,091.33 α	100%
5EJomeY2…gcFu	coldkey	354,684.45 α	2,084 τ · $570.8K	354,684.45 α	100%
5CTWErcG…ihyV	coldkey · decaying	83,055.7 α	487.96 τ · $133.7K	83,055.7 α	100%
5EHNApmi…DGTd	coldkey · decaying	79,050.3 α	464.43 τ · $127.2K	79,050.3 α	100%
5CGCpWr2…L7Bw	coldkey	50,000 α	293.75 τ · $80.5K	50,000 α	100%
5HMtFEQ9…8CCx	coldkey	5,446.92 α	32.00 τ · $8.8K	5,446.92 α	100%

Why the price moved · last 24h

0.005425 τ → 0.005870 τ (+8.215%)

Trading+491.132 τ and -86,798.852 α through the pool from indexed fills+8.38%
Emission+5.3457 τ injected, +985.4426 α minted into the pool−<0.01%
Chain buys & basket-7.475 τ and -314.906 α through the pool by the protocol's own trades (chain counters SubnetProtocolFlow, net of the injection, and SubnetProtocolAlpha)-0.05%
Not attributedwhat the named causes do not account for-0.10%

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 #78 in the queue. The network is at capacity (128), so each new subnet registration dissolves rank 1 — 78 registrations would reach this one.

Cost to kill rank 1

810 τ

In 1 day (7,200 blocks)

687 τ

P(dereg) 30d

0.0%

P(dereg) 90d

0.0%

From 0.14 registrations/day observed over 49.7 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%	0.027%
30 d	500.0 α	50.0%	0.092%
90 d	875.0 α	87.5%	0.160%
180 d	984.4 α	98.4%	0.180%
365 d	999.8 α	100.0%	0.183%

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

☆URSN25 · Bittensor subnet

URSN25 · Bittensor subnet