TAO $223.68+2.7% 24h
125

Refinery

sn125Training & Fine-tuningClean25Strong entry79

Optimizing the algorithms behind a pretraining run, starting with the optimizer

Emission
0.8
TAO / day · live
Alpha
0.0131
τ · mcap 33.1K
Top-slot payout
0.020
τ per winning epoch · live
Daily emission
0.8 τ
0.1% of all subnet emissions
TAO in / block
0.000113866
SubnetTaoInEmission, raw
Alpha price
0.013126 τ
SubnetMovingPrice — live pool price
Market cap
33.1K τ
alpha outstanding × price

Where these numbers come from

every value is a direct storage read

Daily emission = SubtensorModule::SubnetTaoInEmission (rao per block) × 7,200 blocks/day ÷ 10⁹. Today that is 0.000113866 τ/block.

Alpha price is SubnetMovingPrice — the pool's live price of 1 SN125 in τ — not a chart of past prices. Taonets does not yet record price history, so instead of drawing a fabricated 90-day line we show the single live number the chain actually stores.

Emission split within the subnet (who earns it) is on the Race tab, normalized from the Emission vector.

Alpha pool

TAO↔alpha reserves (dTAO), live

Pool TAO
24.6K
SubnetAlphaIn × price
Pool SN125
2.5M
SubnetAlphaOut — alpha outstanding
Implied mcap
33.1K τ
alpha outstanding × moving price
Thin pools mean miners selling rewards move the price. Depth here is the live on-chain reserve pair — the same numbers a slippage calculation would use.
Emissions · Taonets