Bittensor subnets generate $28M-$35M annualized revenue
Bittensor (TAO)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that Bittensor projects are generating between $28 million and $35 million in annualized revenue. The data highlights that 14 subnets are actively buying back their own tokens. This revenue growth underscores the potential for decentralized networks to produce real economic value. However, the report notes that diversification remains a crucial factor for the ecosystem.
How the market reacted
Whalio's own Binance spot order flow for TAO, measured when this story was written up on 22 September 2026. Not the outlet's figures.
TAO is trading at $319.40 with a 24-hour spot volume of $92,348,987. The 1-hour buy ratio is 54.7% and the 4-hour ratio is 54.0%, both slightly higher than the 24-hour average of 52.6%. This indicates that buying pressure is building in the short term. The positive volume delta of +$493,250 over the last hour shows that buyers are currently outspending sellers. Over the full day, the cumulative volume delta stands at +$5,003,641, confirming net inflows.
The latest daily buy ratio of 49.6% sits at the 64th percentile of the last 322 days, against a median of 48.8% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for TAO, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 50.0%, making today's 24-hour ratio of 52.6% an unusual increase of 2.6 percentage points. Trading volume is running at 3.15 times the weekly average, signaling heightened activity. The price has risen 37.4% over the last eight days. Net buying has occurred for three of the past seven days. The total volume delta for the period is +$5,527,075.