Metagraph Capital · Bittensor Signal Board

7 – 8 October

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

2
Leads
17
Watch
304
Posts
Full
Coverage

Leads

Tier A · 2 Watchlist subnets
Tier A Counterparty's launch posts

Engy (SN53) is a day-one seller on Architect's Liquid Inference, Brett Harrison's price-auction router

Providers bid per prompt across 700+ models; Engy is a named launch provider beside Pearl, AkashML and Hyperbolic (Architect, Engy, 7 Oct). It is a second paid channel after OpenRouter, where Engy's discount to posted rates is the product.

700+
Models routed
6
Launch providers
Undisclosed
Terms, volume
SN53 Engy — @engyai 7 Oct 15:27 UTC · @Architect_Fi · @BrettHarrison
Tier A Investor's press release; customer has not commented

Manako (Score SN44's enterprise arm) is live commercially with Avia across 124 French stations

TaoWeave (Nasdaq: TWAV), a Manako investor, names Avia Thévenin-Ducrot as the customer and Manako as its "lead Physical AI design partner"; no contract value, and Score is not named (release, 7 Oct). It is Manako's first named customer; the revenue goes to Manako, not to the subnet.

124
Stations live
~770
Avia France network
Undisclosed
Contract value
SN44 Score — TaoWeave via Business Wire, 7 Oct; @taodaily_io

Material change

5
Tier B Team, Discord

Teutonic (SN3) splits its contest into code, math and text, and pays each

Incentive is now 40% and 15% to the last two global kings plus 15% to each split king, replacing 20% across up to five reigns (Dendrite, 7 Oct).

40 / 15
Global kings
3 × 15%
Split kings
SN3 Teutonic — Tony | Dendrite, #3・teutonic, 10:34 UTC
Tier B Team account

SOMA (SN114) opens its Jev model to all miners

Jev's input-token weight was then cut from 0.3 to 0.2 to make Jev-based compression pay (7 Oct, Discord, 8 Oct).

0.3 → 0.2
Jev token weight
SN114 SOMA — @SomaSubnet · Matt | SOMA
Tier B Team account

Nepher (SN49) drops winner-takes-all for a 70/20/10 split

The first tournament under it was decided by 0.0018 (7 Oct).

70/20/10
Reward split
SN49 Nepher — @nepher_robotics
Tier B Team account

Verathos (SN96) absorbs Nodexo

GPU hardware proofs and model-computation proofs now run in one network with one token (7 Oct).

SN96 Verathos — @verathos_ai
Tier B Chain feed; owner unverified

SN58 rebrands from greevils to Attune

Attune posts from @robotensor_ai and runs a robot-imitation exam (7 Oct).

SN58 Attune — @subnetradarcom · @_joncipher

Revenue & traction

5
Tier B Team's own dashboard

Bitcast (SN93): $458.9K lifetime revenue, 60.3% spent on buybacks

Up from $345.6K and $202.0K on 16 August, as of 8 October; revenue has risen month on month for four months (dashboard, 7 Oct).

$458.9K
Lifetime revenue
$276.7K
Buybacks
60.3%
Buyback ratio
SN93 Bitcast — @Bitcast_network
Tier B Team claim, no figure

Lium (SN51) says it is fully rented out of most GPU types

Utilization is at an all-time high and Lium is recruiting GPU suppliers (7 Oct, 329 likes).

SN51 Lium — @lium_io
Tier B Third-party only

RedTeam (SN61) buybacks reportedly unblocked

Its Kraken institutional account is said to be onboarded, with a larger catch-up purchase first (7 Oct). RedTeam has not posted since 4 October.

SN61 RedTeam — @taoleeh
Tier B Team account

Say GM (SN28) has matched a $4,506 OpenRouter bill

Say GM says that customer's top four models would have cost 59% less on its router (8 Oct).

$4,506
Largest bill matched
−59%
Cost, team calc.
SN28 Say GM — @say_gm_
Tier B Aggregator data, not checked on chain

7,970 TAO of alpha burned in 30 days across 10 subnets

Lium accounts for 70%, then IOTA and Vanta (TaoFlute via TAO Daily, 7 Oct).

7,970 τ
30-day burns
5,579 τ
Lium
1,243 τ
IOTA
Ecosystem — @taodaily_io · @bittingthembits

Product

5
Tier B Team account

Reliquary (SN81) sells training-data generation to other subnets

Its app is live and batch generation is in early access; Const says Affine's verification rewrite borrows from Reliquary (7 Oct, thread).

SN81 Reliquary — @reliquary_ai
Tier B Team account

Say GM (SN28) launches a desktop agent

SayGM Desktop runs on Mac, Windows and Linux on top of its model router (7 Oct).

SN28 Say GM — @say_gm_
Tier B Team benchmark

ReadyAI (SN33) opens Skill Store 33 later this month

In its own test, one skill lifted the average LLM-judged slide score from 24 to 94 across 150 decks (7 Oct).

24 → 94
Slide score
150
Decks
SN33 ReadyAI — @ReadyAI_
Tier B Team account

OpenRoboto (SN80) miners lift π0.5 to 89.7% on LIBERO-Pro

It took 30 days to rise from 50.3% (8 Oct). A third party reports $393K of volume after the alpha was bridged to Base (7 Oct).

50.3 → 89.7%
LIBERO-Pro
$393K
Bridge volume, 3rd party
SN80 OpenRoboto — @openroboto · @forevermoney_ai
Tier B Team account

Beam (SN105) ships an OpenClaw skill

Agents can now call Beam's data-transfer network from ClawHub (8 Oct).

SN105 Beam — @b1m_ai

Protocol & governance

1
Tier B Release notes

Runtime 475 is proposed: proof-of-work registration and an adjustable basket minimum

It also adds null consensus and "precise emissions"; the basket minimum from Runtime 473 becomes adjustable by sudo. It still awaits signatures (v475).

Subtensor — @subnetradarcom, 7 Oct

Positioning

1
Tier B Manager's own report

Yuma's Large Cap Fund rose 64.6% in Q3

That compares with 48.0% for TAO; September alone was +29.0% (7 Oct).

+64.6%
Fund, Q3
+48.0%
TAO, Q3
+29.0%
September
Yuma Large Cap Fund — @YumaGroup