Metagraph Capital · Bittensor Signal Board

8 – 9 October

One card per story, grouped by what kind of story it is. Sourcing quality runs across the top of every card.

3
Leads
12
Watch
266
Posts
Full
Coverage

Leads

Tier A · 3 Watchlist subnets
Tier A Both principals; terms undisclosed

Leadpoet (SN71) takes a strategic investment from SubConnect

No amount or stake was disclosed; Leadpoet says the money goes to distribution and a Founding GTM Engineer hire (Leadpoet, SubConnect, 8 Oct). SubConnect is the consultancy whose Revenue Index rates Leadpoet, so it now scores a company it owns part of.

Undisclosed
Amount, stake
$30K
SubConnect's own revenue rating of SN71 (Vol. I)
1,739
SubConnect followers
SN71 Leadpoet — @LeadpoetAI 8 Oct 15:30 UTC · @WeAreSubConnect 15:48 UTC
Tier A Team only; bank and client under NDA

Yanez (SN54) signs a US sponsor bank and its first paying fintech client under that bank

Yanez will test the screening systems of the bank's sponsored fintechs, so each bank is a channel to many clients; the first is a mobile remittance app paying out to South Asia and Africa (8 Oct). No figure, and whether this is the sponsor bank the team called a customer on 25 Sep is not stated.

1
Paying fintech client, unnamed
Undisclosed
Contract value
6–9 mo
Sales cycle, per Caldera
SN54 Yanez — @yanez__ai 8 Oct 18:38 UTC
Tier A Founder to a journalist; "worth", not "paid"

OpenRoboto (SN80) tells TheStreet it has factory pilots "worth a couple hundred thousand dollars"

Founder Cameron Wang also cites partnerships with robotics companies and a state-of-the-art base model, two months after launch (TheStreet, 6 Oct). It is the first dollar figure attached to OpenRoboto's commercial work; no customer is named.

~$200K
Pilot programs, "worth"
0
Customers named
No → Claimed
Watchlist revenue state
SN80 OpenRoboto — TheStreet 6 Oct · @openroboto 8 Oct · reposted by @const_reborn

Revenue & traction

2
Tier B Team account; customer named

Cacheon (SN14) made $100K last month, with Affine (SN120) as its first customer

Two weeks of kernel work took Affine's King model from 375.4 to 528.9 tokens/s; Cacheon now wants to license its Qwen and GLM-5.3 kernels (8 Oct, numbers).

$100K
Revenue, last month
+40.9%
Affine King throughput
SN14 Cacheon · SN120 Affine — @cacheon_ai
Tier B Opentensor recap of team figures

Lium (SN51): nearly $2.7M bought and burned across five buybacks since April

September's $946K was the largest, after $365K in August; at September's billing level Lium would clear $11.5M of annual GPU rentals (Opentensor, 8 Oct). The monthly figures were already known; the six-month total is new.

$2.7M
Buybacks, Apr–Sep
171,000 α
Removed
$946K
September
SN51 Lium — @opentensor · @lium_io

Product

4
Tier B Team account

IOTA (SN9) trained a 16B model across 139 consumer GPUs with its new SDK

Wall time was 1.8× faster than the old codebase and MFU 2.3× on a 2B config; distributed RL lifted a 7B model's MATH-500 from 63.6% to 68.4% (8 Oct). No customer.

139
Consumer GPUs
1.8×
Wall-time speedup
2.3×
MFU
SN9 IOTA — @MacrocosmosAI
Tier B Team account

Beam (SN105) wires its data network into Nous Research's Hermes Agent

Agents can move and stream data over Beam from inside Hermes (9 Oct).

SN105 Beam — @b1m_ai
Tier B Team account; pool terms via a third party

Say GM (SN28) ships a CLI and turns on its referral pool

Anything piped from a shell goes to any SayGM model (9 Oct); SayGTM pays referrers up to $1 of SN28 alpha per $1 a new developer spends in 30 days, from a share of emissions (terms).

$1 : $1
Alpha per referred $, cap
10%
Of round revenue ↔ alpha
SN28 Say GM — @say_gm_ · @LisaFlorentina8
Tier B Team account

Blockmachine (SN19) adds Arc RPC priced in dollars

Payable in USDC at up to 60% below centralised providers; in September 39.7% of its EVM requests went to Robinhood Chain and 21.1% to BNB Chain (8 Oct, 9 Oct).

39.7%
Robinhood Chain, Sept
21.1%
BNB Chain
SN19 Blockmachine — @blockmachine_io

Material change

2
Tier B Team account

Perturb (SN26) moves to a product phase, launch next month

Buybacks continue until the product earns revenue, after which "a significant share" of revenue goes to alpha buybacks (8 Oct).

SN26 Perturb — @perturbaix
Tier B Third-party only on the burn detail

Attune (SN58) is live; miner emissions burn until a first king is crowned

Vector, a one-demonstration robot-imitation exam on a shared ~781M-parameter model, is open; beat the king by 3 points to take the slot (8 Oct, 9 Oct). Alpha rose 95% on the day.

781M
Shared model params
+95%
Alpha, 8 Oct
SN58 Attune — @_joncipher · @subnetradarcom

Protocol & governance

2
Tier B On-chain feed

SN102 ConnitoAI moves its owner coldkey to an EVM-style address

Effective in about five days (9 Oct). The "first customer" circulating for SN102 is a free training brief filed on GitHub by an individual, not a paying client.

SN102 ConnitoAI — @subnetradarcom
Tier B Release tags; no notes published

Runtimes 476 and 477 proposed two hours apart

Both await signatures and neither tag carries release notes (v476, v477, 8 Oct).

Subtensor — @subnetradarcom

Positioning

2
Tier B Manager's own report

Yuma's Total Market Fund returned 49.0% in its first full quarter

That compares with 48.0% for TAO; September alone was +30.3% against TAO's +30.9% (8 Oct).

+49.0%
Fund, Q3
+48.0%
TAO, Q3
+30.3%
September
Yuma Total Market Fund — @YumaGroup
Tier B Team claim

CookingTAO (SN122) says Anthropic accepted it into the Claude Startups program

A credits-and-resources programme, not a partnership; CookingTAO already uses Claude tools in its mining portal (9 Oct).

SN122 CookingTAO — @CookingTao_