The chart follows the alpha price in τ. Each period starts at its opening price and steps through the mechanisms below, in a fixed order, to its closing price: a step that rises pushed the price up, one that falls pushed it down, and its height is how far it moved the price. A thin line carries each close into the next period’s open; it is dashed where the two differ. The faint candle behind each period is the market’s own open, high, low and close, for context.

With many periods on screen (90 days, or hours), the steps would be too thin to read, so the chart draws the price as a line instead and colours each period by the mechanism that moved it most. Hover a period for the full step-by-step breakdown.

Protocol buy: The chain spending excess emission TAO to buy alpha from the pool. A permanent protocol buyback; it pushes the price up.
Root sell: Root-dividend claims sold into the pool; they push the price down.
User buy / sell: Staking into and unstaking from this subnet.
Cross-subnet: Swaps from other subnets routed through this pool.
Residual: What the decomposition cannot attribute to a mechanism. It is always shown, never folded into another part.

Not here, because they do not move the spot price: the per-block TAO injection into the pool, and burns.

All figures are log changes, not simple percentage changes, so the parts add up exactly to the total; on big moves the two differ (a 10% log fall is a 9.5% price fall).

Today so far

2026-11-09 UTC, as of ≈18:40 UTC (block 9,470,491)

Price, today so far: 0.004302 τ
Volume, today so far: 1.34K τ
Market cap incl. burned, today so far: 18.99K τ
TAO in pool, today so far: 8.55K τ
Emission share, today so far: —not available yet

The day isn’t over yet, so these figures keep changing. They are in no daily total, average or rank.

Subnet Configuration

Pool & Mechanism

AMM Pool

Balancer

Mechanism

dTAO

Access

Registration

Open

Neurons

256/256Competitive

Validators

8/6456 open

Economics

Owner Cut

18.00%

Weights

Commit-Reveal

Enabled (v3, 1 epochs)

Liquid Alpha

Disabled

Weights Version

Weights Range

1–65535

Timing

Tempo

360~1.2h

Immunity Period

10,800~1.5d

Activity Cutoff

5,000~16.7h

Market & Economics

Market

Market Cap

15.34K τ

FDV

27.53K τ

TVL

17.09K τ

Lifetime Volume

693.90K τ

Holders

1,590

Owner Locked

5,839.6288 φ(0.16% of circulating)Perpetual

14d price

Revenue / Recycle

19.03×

last day · Net positive

Emissions

0.07%of network emissions

TAO emitted to this subnet

Sent into its pool each day: its share of network emissions

2.6725 τ/day

2.6725 τ per day

Daily distribution

Alpha paid out each day, valued at the pool price

7,200.0000 φ/day

≈ 30.9722 τ·30.9722 τ per day

Miners43.94%

3,163.5375 φ ≈ 13.6086 τ/day

Validators38.06%

2,740.4955 φ ≈ 11.7888 τ/day

Owner18.00%

1,295.9670 φ ≈ 5.5748 τ/day

Stake 1,000 τ here

320.6515 φ/day≈ 1.3793 τ·1.3793 τ per day

From the validator share, before commission

28.41%staker APY

· 30d avg 28.41% · Stable

90d

Pool emits 1.0000 φ/block at 0.004302 τ/φ. Yield varies with stake weight, pool price, and emission rate.

For Miners

43.94% of emission

Slots

256/256Competitive

Burn Cost

0.1000 τ

Est. per Miner

—

Pool / Epoch

158.1769 φ≈ 0.6804 τ

For Validators & Stakers

38.06% of emission

Validator Slots

8/6456 open

Est. per Validator

17.1281 φ/epoch≈ 0.0737 τ

Registration Activity

Neuron registration trends

This Interval

24h: 3 registrations (3 burn · 0 PoW)

Target / Interval

Slots Available

Competitive

256/256

Neurons

256

Development Activity

ippcteam/SN21-adtaoPython

313 contributors71 commits/30dLast commit 0d ago

MIT

Top Contributors

jayesh727482

ippcteam10

khurrameycon4

Recent Releases

training-v6-2026-116d ago training-v5-2026-1017d ago training-v4-2026-1031d ago training-v3-2026-0946d ago training-v2-2026-0881d ago

What AdTAO does

Ad managers make high-stakes decisions about campaign budgets, bid strategies, and targeting changes with limited visibility into likely outcomes. Individual forecasting models are expensive, closed, and unverifiable—teams cannot audit how scores are computed or confirm whether a recommendation was actually better than alternatives. Outcome uncertainty is priced into risk, leading to conservative decisions or wasted spend.

A decentralized network of independent predictive models, selected and scored on verifiable accuracy rather than vendor claims, addresses this by providing transparent, auditable forecasts. Each model is executed in isolation, predictions are locked before outcomes exist, and settled scores are published so any stakeholder can recompute and verify them. No single vendor controls the scoring logic; the mechanism is open, the outcomes are deterministic, and lineage is traceable.

SN21 implements this by running admitted model containers daily against real account changes from Google Ads.

Each model outputs probabilistic distributions (P10/P50/P90) for cost, conversion, and efficiency deltas at 7, 14, and 28-day horizons. The subnet executes predictions in a sandbox (no network, fixed memory/CPU budget), locks them before outcomes are knowable, then settles them against measured results on a published schedule. Standings are computed from these scores; validators publish signed receipts so anyone can independently reproduce the scoring. Models that consistently predict well earn more weight; the mechanism is incentivized, so predictive accuracy is rewarded continuously.

Auto-generated from the GitHub repository and may not reflect the latest changes.

About

active

SN21 is a Bittensor subnet for predicting Google Ads campaign outcomes. Miners ship digest-pinned container images that the subnet executes daily against baskets of real account changes, outputting probabilistic distributions (P10/P50/P90) for cost, conversions, and efficiency deltas at 7, 14, and 28-day horizons. Predictions are locked before outcomes exist; settled outcomes feed a rolling standing that drives emissions through a published weight curve.

How it works

SN21 operates a daily prediction pipeline. The operator delivers a daily basket of qualifying account changes (midnight EST boundary). Miners ship digest-pinned OCI/Docker container images; the subnet pulls by committed digest and executes each admitted model in an isolated sandbox (no network, 1GB RAM limit, 3072MB virtual address space, 15 CPU-minute budget, read-only root) against that day's basket.

Models read one episode JSON per line on stdin, write one prediction JSON per line on stdout. Predictions are locked before outcomes exist. Later, outcomes are measured at 7/14/28 days plus 2-day settle window; validators run the daily loop to settle matured (episode × horizon) rows into miners' standings, compute weights from the published curve, and commit on-chain via set_weights.

Three processes run on validators: (A) hope-validator-api serves episodes and daily receipts over HTTP; (B) run_daily_loop.py settles daily and publishes receipt feeds; (C) hope-validator-heartbeat re-asserts weights every 3-4 hours to prevent ActivityCutoff pruning. Admission requires beating the published naive baseline on a held-out corpus and reaching 90% of reference coverage. Every scored day is published as a signed receipt (outcomes, predictions, components) enabling independent verification.

Champion (who runs live) is promoted under stricter rules than who earns weight: requires 5% standing lead held 7 consecutive days plus 14 scored days history.

Incentive mechanism

The daily stream operates on a midnight EST cutoff. Each day a basket of account changes is revealed; miners' predictions are locked before outcomes exist. Outcomes are measured at 7, 14, and 28 days (plus 2-day settling window), and each (episode, horizon) is scored exactly once when its outcome settles.

Scores enter the moving average standing with horizon blend weights (high resolution: 0.20/0.35/0.45 for 7/14/28-day). A miner must cover at least 75% of daily episodes to be paid; uncovered episodes carry a full-weight zero penalty. To enter the earning curve miners need 250 scored predictions of evidence (placement floor).

The weight curve is steep: 1st place 50%, 2nd 25%, 3rd 10%, then geometric tail (80% of previous rank), capped at 20 earners, zero below score threshold. From 2026-09-04, standings are relative to field mean on identical changes, with 250-mass prior shrinking toward zero. From 2026-09-17, a replaced model's entries fade as the current model shows evidence.

Copy detection groups identical models (byte-identical predictions, matching point estimates, or behavioral lineage under four-signal test); only the earliest-committed earns.

The sections above were auto-generated from the GitHub repository and may not reflect the latest changes. View repository (github.com, opens in a new tab, external site)

On-Chain Identitysigned on-chain by subnet owner

AdTAO

Phi · Greek letter · pronounced “phi”

Counterfactual impact prediction for advertising interventions

Owner: 5HjCY…fjyW
Hotkey: 5EqAz…QVHp
Owner Cut: 18.00%
Contact: [email protected]

Registered: 2y 4mo ago(Jun 11, 2024)
Block: 3,156,578
Slot history: Every subnet in SN21
Neurons: 256/256
Tempo: 360 blocks

Website

URL: https://adtao.io/ (adtao.io, opens in a new tab, external site)
Status: Up200
TLS: Valid
Title: AdTAO — The decision layer for AI-managed Google Ads
Checked: 2026-11-09 04:06 UTC

Changes (7)

2026-11-07 04:06 UTCUp200AdTAO — The decision layer for AI-managed Google Ads
2026-11-06 04:05 UTCUp200AdTAO — The decision layer for AI-managed Google Ads
2026-10-30 04:06 UTCUp200AdTAO — The decision layer for AI-managed Google Ads
2026-10-27 04:07 UTCUp200AdTAO — The decision layer for AI-managed Google Ads
2026-10-23 04:06 UTCUp200AdTAO — The decision layer for AI-managed Google Ads
2026-10-21 04:07 UTCUp200AdTAO — The decision layer for AI-managed Google Ads
2026-10-13 08:03 UTCUp200AdTAO — The decision layer for AI-managed Google Ads

Subnet History

SubnetIdentitySet 2026-06-06 17:21 UTC

Block 8,349,010Extrinsic

SubnetIdentitySet 2026-03-27 14:40 UTC

Block 7,837,801Extrinsic

SubnetIdentitySet 2026-01-29 02:53 UTC

Block 7,424,635Extrinsic

SubnetIdentitySet 2025-03-12 15:53 UTC

Block 5,112,997Extrinsic

Subnet registered 2024-06-11 16:58 UTC

Block 3,156,578Extrinsic

Recent Activity

SubnetIdentitySet Block 8,349,010 Extrinsic2026-06-06 17:21 UTC
SubnetIdentitySet Block 7,837,801 Extrinsic2026-03-27 14:40 UTC
SubnetIdentitySet Block 7,424,635 Extrinsic2026-01-29 02:53 UTC
SubnetIdentitySet Block 5,112,997 Extrinsic2025-03-12 15:53 UTC
NetworkAdded Block 3,156,578 Extrinsic2024-06-11 16:58 UTC

This information was auto-extracted from the GitHub repository and may be incomplete or out of date. Always refer to the subnet's GitHub repository (github.com, opens in a new tab, external site) for the latest instructions.

Hardware Requirements

Miner

GPUNot required

RAM4 GB

Storage5 GB

CPU Cores2

OSUbuntu 22.04

Networkdownload 100 Mbps, upload 20 Mbps

Container runs in sandbox with 1 GB resident memory limit, 3,072 MB virtual address space cap, 15 CPU-minute budget per daily basket, read-only root filesystem, no network access

Validator

GPUNot required

RAM8 GB (16 GB rec.)

Storage10 GB

CPU Cores4

OSUbuntu 22.04

Networkdownload 100 Mbps, upload 20 Mbps

Not yet verified: Notes

Machine-extracted from the subnet's repository docs; may be wrong or out of date. Check the repository before buying or renting hardware. Open the repository (github.com, opens in a new tab, external site) · Extracted 9 Nov 2026

Miner Setup

Install the SN21 package with miner dependencies

git clone https://github.com/ippcteam/SN21-adtao.git && cd SN21-adtao && pip install -e ".[miner]"

Create a coldkey (keys-of-keys for wallet). Choose 12 words, set password, save mnemonic in password manager

btcli wallet new_coldkey --wallet.name my_miner

Create a hotkey under the coldkey for automated signing. Choose 12 words, save mnemonic

btcli wallet new_hotkey --wallet.name my_miner --wallet.hotkey default

btcli subnet register --netuid 466 --wallet.name my_miner --wallet.hotkey default --subtensor.network test

Generate an ed25519 signing key for authenticated API access

python scripts/sn21_keys.py generate --role miner --output ~/sn21-miner.pem

python scripts/sn21_keys.py register --role miner --network test --netuid 466 --wallet-name my_miner --wallet-hotkey default --key ~/sn21-miner.pem

Build the reference container image locally for testing(optional)

cd reference_model && docker build -t sn21-reference-model:v1 .

Push your container image to a public registry and record the repo digest

docker tag sn21-reference-model:v1 ghcr.io/<you>/sn21-miner:v1 && docker push ghcr.io/<you>/sn21-miner:v1

Commit the digest-pinned model on chain in format: sn21-model:v1:<repo>@sha256:<digest>

python -c "import bittensor as bt; wallet = bt.wallet(name='my_miner', hotkey='default'); sub = bt.subtensor(network='test'); sub.commit(wallet=wallet, netuid=466, data='sn21-model:v1:<repo>@sha256:<64hex>')"

Validator Setup

Install the SN21 package

git clone <repo-url> && cd SN21-adtao && pip install -e .

Generate an ed25519 key for the validator

python scripts/sn21_keys.py generate --role validator --output ~/.sn21/keys/validator.pem

python scripts/sn21_keys.py register --role validator --network finney --netuid 21 --wallet-name my_validator --wallet-hotkey default --key ~/.sn21/keys/validator.pem

Start the HTTP API daemon (long-lived) for serving episodes and daily receipts

export SN21_LEDGER_ROOT=/var/lib/sn21_ledger && hope-validator-api --host 0.0.0.0 --port 8080 --network finney --netuid 21 --wallet-name my_validator --wallet-hotkey default

Run the daily loop (once per day from cron after basket delivery) to settle matured predictions and publish receipts

python3 scripts/run_daily_loop.py --shadow-root /var/lib/sn21_ledger --ledger-root /var/lib/sn21_ledger

Run heartbeat from cron every 3-4 hours to re-assert weights and prevent ActivityCutoff pruning

hope-validator-heartbeat --network finney --netuid 21 --wallet-name my_validator --wallet-hotkey default

No hardware? Back this subnet by staking instead New to mining? Start with the setup guide Validator setup guide

Day (UTC)

2026-11-08

0.07%

2026-11-07

0.09%

2026-11-06

0.11%

2026-11-05

0.12%

2026-11-04

0.12%

2026-11-03

0.12%

2026-11-02

0.11%

2026-11-01

0.10%

2026-10-31

0.10%

2026-10-30

0.08%

2026-10-29

0.07%

2026-10-28

0.08%

2026-10-27

0.07%

2026-10-26

0.07%

2026-10-25

0.07%

2026-10-24

0.07%

2026-10-23

0.10%

2026-10-22

0.10%

2026-10-21

0.07%

2026-10-20

0.07%

2026-10-19

0.08%

2026-10-18

0.10%

2026-10-17

0.12%

2026-10-16

0.14%

2026-10-15

0.13%

2026-10-14

0.16%

2026-10-13

0.16%

2026-10-12

0.14%

2026-10-11

0.13%

2026-10-10

0.11%

2026-10-09

0.10%

2026-10-08

0.09%

2026-10-07

0.05%

2026-10-06

0.04%

2026-10-05

0.04%

2026-10-04

0.04%

2026-10-03

0.04%

2026-10-02

0.04%

2026-10-01

0.03%

2026-09-30

0.03%

2026-09-29

0.03%

2026-09-28

0.03%

2026-09-27

0.03%

2026-09-26

0.04%

2026-09-25

0.03%

2026-09-24

0.03%

2026-09-23

0.03%

2026-09-22

0.03%

2026-09-21

0.03%

2026-09-20

0.03%

2026-09-19

0.03%

2026-09-18

0.03%

2026-09-17

0.03%

2026-09-16

0.04%

2026-09-15

0.04%

2026-09-14

0.02%

2026-09-13

0.02%

2026-09-12

0.02%

2026-09-11

0.02%

2026-09-10

0.02%

2026-09-09

0.03%

2026-09-08

0.03%

2026-09-07

0.02%

2026-09-06

0.02%

2026-09-05

0.02%

2026-09-04

0.02%

2026-09-03

0.02%

2026-09-02

0.02%

2026-09-01

0.02%

2026-08-31

0.03%

2026-08-30

0.03%

2026-08-29

0.03%

2026-08-28

0.03%

2026-08-27

0.03%

2026-08-26

0.03%

2026-08-25

0.03%

2026-08-24

0.01%

2026-08-23

0.01%

2026-08-22

0.01%

2026-08-21

0.01%

2026-08-20

0.01%

2026-08-19

0.01%

2026-08-18

0.01%

2026-08-17

0.0036%

2026-08-16

0.0033%

2026-08-15

0.0032%

2026-08-14

0.0031%

2026-08-13

0.003%

2026-08-12

0.0033%

2026-08-11

0.0034%

Champion (who runs live) is promoted under stricter rules than who earns weight: requires 5% standing lead held 7 consecutive days plus 14 scored days history.

python -c "import bittensor as bt; wallet = bt.wallet(name='my_miner', hotkey='default'); sub = bt.subtensor(network='test'); sub.commit(wallet=wallet, netuid=466, data='sn21-model:v1:<repo>@sha256:<64hex>')"

What moved the price

Overview

Today so far

Subnet Configuration

Market & Economics

For Miners

For Validators & Stakers

Registration Activity

Development Activity

What AdTAO does

About

Website

Subnet History

Recent Activity

Participate

Hardware Requirements

Miner Setup

Validator Setup

What moved the price

Today so far

Subnet Configuration

Market & Economics

For Miners

For Validators & Stakers

What AdTAO does

About

Website

Subnet History

Hardware Requirements

Miner Setup

Validator Setup