Metagraph Capital · Bittensor Signal Board

9 – 10 October

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

2
Leads
13
Watch
179
Posts
Full
Coverage

Leads

Tier A · 2 Watchlist subnets
Tier A Team card; matches our own Grafana pull

Lium (SN51): $1.40M of GPU spend in the 30 days to 9 October, up 45%

The month card also shows 1,379 paying customers, up 16%, and 68.7% of rentals launched by code or agents (10 Oct). This is renter spend, not Lium's cut; the team says renter cash is bought back and burned.

$1.40M
GPU spend, 10 Sep–9 Oct
+45%
vs $971K prior 30 days
$19.3M
Run-rate, 7 days × 365
1,379
Paying customers (+16%)
17,497
Rentals (+106%)
68.7%
Launched by code / agents
SN51 Lium — @lium_io 10 Oct 05:57 UTC
Tier A Team only; no confirmation from the client

Bitsec (SN60) signs TWIF as a Sentios continuous-coverage client

TWIF, a meme-coin project, subscribed to Bitsec's ongoing AI code-audit service (9 Oct). No price was given; Bitsec has quoted $1–5K a month for Sentios.

Undisclosed
Price
$1–5K/mo
Sentios list, 24 Jun
SN60 Bitsec — @bitsecai 9 Oct 19:49 UTC

Material change

1
Tier B Team account

NIOME (SN55) opens the GENOME → NIOME migration on 28 October

The first batch moves 5% of GENOME's snapshot market cap onto SN55; GENOME is held in escrow and burned only after delivery is verified, or else refunded (9 Oct).

28 Oct
Migration opens
5%
First batch, of GENOME mcap
SN55 NIOME — @NiomeAI

Partnership

3
Tier B Team account; payment terms unstated

Ditto (SN118) runs a creator campaign on Bitcast's (SN93) Stitch3

Bitcast creators are posting about Ditto V2 (9 Oct). The brand is another subnet.

SN118 Ditto · SN93 Bitcast — @heydittoai
Tier B Team account

Forge will use tao.com's wstAlpha wrappers for alpha collateral

The lender, built on Endure (SN30), says it is starting from existing audited infrastructure rather than its own (9 Oct).

Forge · tao.com — @ForgeLending
Tier B Team account

SOMA (SN114) adds Chutes as an inference provider and routes traffic to Albedo

Say GM and Engy were added earlier; Chutes and the Albedo proxy are new (9 Oct).

SN114 SOMA · SN64 Chutes · SN28 Say GM · SN53 Engy — @SomaSubnet

Revenue & traction

1
Tier B Team account; client unnamed

Ditto (SN118) signs its first business client

A "multi-six-figure company" gets Ditto's first custom build, under two weeks after V2 (9 Oct). No contract value.

SN118 Ditto — @heydittoai

Product

4
Tier B Team account

TaoStatus (SN104) is live on mainnet

Two mechanisms: miners contribute working LLM API keys, and build security agents for an audit marketplace (9 Oct).

SN104 TaoStatus — @taostatus_ai
Tier B Third-party post

Conjectures (SN66) pays its first contributor $500 for a machine-checked proof

Paid as 582 alpha from a 2-of-3 multisig for a Lean proof on one of Green's open problems (9 Oct).

$500
First payout
582 α
Paid
SN66 Conjectures — @taoleeh
Tier B Team account

Desearch (SN22) is listed in Raycast's MCP Registry

Raycast users can find and install Desearch search there (9 Oct).

SN22 Desearch — @desearch_ai
Tier B Aggregator digest of team channels

Instant (SN46) opens a dashboard with free API keys and plans a revenue burn

Burn terms were not given (Subnet Radar, 9 Oct).

SN46 Instant — @subnetradarcom

Protocol & governance

3
Tier B Relayed from Novelty Search; no release note

Miner slots per subnet rise 10× to 2,560, and miners can join without owning TAO

Const described the change at the 8 Oct Novelty Search; proof of work replaces upfront registration (relay, correction).

2,560
Miner UIDs per subnet
10×
Increase
Opentensor — @bittingthembits · @Investing88ai
Tier B On-chain feed

SN92 is deregistered and the slot bought for 884 τ

The new registrant is unnamed; anything tracking "SN92" now tracks someone else (9 Oct).

884 τ
Slot price
9,247,819
Block
SN92 — @subnetradarcom
Tier B On-chain feed

SN113 announces an owner coldkey swap

To an EVM-style address, effective in about five days (9 Oct).

SN113 — @subnetradarcom

Positioning

1
Tier B Third-party post; abstracts not read

Minos (SN107) work heads to ASHG, the large human-genetics conference

Two abstracts on HelixForge and Bittensor-powered variant calling were accepted, per a community post (9 Oct).

SN107 Minos — @sobczak_mariusz