The Bittensor network today: 128 subnets, $1.02B in alpha market cap; KubeTEE AI Factory (netuid 90) led the movers at +142%
By Wren Okada, Decentralized AI Correspondent. Filed Friday 31 July 2026. Decentralized AI
Bittensor closed July with 128 active subnets and a combined issued-alpha market capitalization of $1.02 billion . The network registered 30,266 neurons across those subnets . Subnet liquidity pools held 2,005,856 TAO in total .
The $1.02B aggregate figure represents a 1.2% increase from the prior day's $1.01B and a 1.7% gain over the week, measured from $1.01B on July 25 . The modest top-line growth masks sharp divergence at the subnet level. KubeTEE AI Factory (netuid 90) led all movers with a 142% gain . The two runners-up, ChronoLLM (netuid 38) and TalkHead (netuid 108), posted gains of 17.6% and 11.7% respectively . On the downside, glyph (netuid 117) fell 33.2%, Minos (netuid 107) dropped 14.1%, and Zipcode (netuid 46) shed 12.9% .
Market-cap concentration remains high. Chutes (netuid 64) commands the top position at $91.61M . Lium.io (netuid 51) follows at $68.19M, and Targon (netuid 4) holds the third slot at $64.43M . Together, the three largest subnets account for roughly 22% of the network's total issued-alpha value .
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