24 Bittensor subnets generate $28M-$35M in annualized revenue, 14 buy back their own tokens
- —24 Bittensor subnets generate $28M-$35M in annualized revenue from paying customers
- —Compute subnets account for $23.1M-$27.3M, or 78%-82% of all verified revenue
- —Top earners: Lium (SN51) at $8M-$10M, Targon (SN4) at $5.5M-$6M, Chutes (SN64) at $4M-$5M
- —14 of the 24 revenue-generating subnets buy back their own alpha tokens
Why it matters: External revenue covers only 9%-12% of TAO's $300M+ annual emissions, but sets a first auditable baseline for the network's real economy.
Source: Crypto Briefing