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

2026-11-07 UTC, as of ≈09:24 UTC (block 9,453,315)

Price, today so far: 0.003955 τ
Volume, today so far: 0.28 τ
Market cap incl. burned, today so far: 12.95K τ
TAO in pool, today so far: 12.29K 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

2/6462 open

Economics

Owner Cut

18.00%

Weights

Commit-Reveal

Enabled (v3, 1 epochs)

Liquid Alpha

Disabled

Weights Version

130

Weights Range

1–65535

Timing

Tempo

360~1.2h

Immunity Period

5,000~16.7h

Activity Cutoff

5,000~16.7h

Market & Economics

Market

Market Cap

8,751.0519 τ

FDV

25.24K τ

TVL

24.58K τ

Lifetime Volume

159.92K τ

Holders

993

Owner Locked

3,451.0692 ע(0.16% of circulating)Perpetual

14d price

Revenue / Recycle

No recycle

last day

Emissions

<0.01%of network emissions

TAO emitted to this subnet

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

0.0036 τ/day

0.0036 τ per day

Daily distribution

Alpha paid out each day, valued at the pool price

7,200.0000 ע/day

≈ 28.4733 τ·28.4733 τ per day

Miners43.94%

3,163.8895 ע ≈ 12.5120 τ/day

Validators38.06%

2,740.1435 ע ≈ 10.8362 τ/day

Owner18.00%

1,295.9670 ע ≈ 5.1251 τ/day

Stake 1,000 τ here

222.9842 ע/day≈ 0.8818 τ·0.8818 τ per day

From the validator share, before commission

43.45%staker APY

· 30d avg 43.45% · Stable

90d

Pool emits 1.0000 ע/block at 0.003955 τ/ע. 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

158.1945 ע/epoch≈ 0.6256 τ

Pool / Epoch

158.1945 ע≈ 0.6256 τ

For Validators & Stakers

38.06% of emission

Validator Slots

2/6462 open

Est. per Validator

68.5036 ע/epoch≈ 0.2709 τ

Registration Activity

Neuron registration trends

This Interval

24h: 1 registration (1 burn · 0 PoW)

Target / Interval

Slots Available

Competitive

256/256

Neurons

256

Development Activity

GraphiteAI/Graphite-SubnetPython

14196 contributors0 commits/30dLast commit 390d ago

MIT

Top Contributors

What Graphite does

Graph optimization problems like the Traveling Salesman Problem (TSP) require finding shortest routes through large networks—a computationally expensive task that grows exponentially with problem size. Single-machine solvers hit performance and scaling limits. Decentralized networks of independent solvers can compete and innovate simultaneously, each optimizing different algorithmic approaches. Graphite harnesses this through Bittensor: validators generate TSP variants and route-optimization problems, miners solve them using greedy, dynamic programming, beam search, or neural approaches, and the network rewards the best solutions relative to benchmark and cohort performance. Miners keep 4-8 CPU cores busy for 20 seconds per problem; validators run larger instances (16+ GB RAM, SSD storage) to evaluate and score across hundreds of competing nodes.

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

About

abandoned

Graphite is a decentralized subnet on Bittensor designed to solve graph optimization problems, specifically the Traveling Salesman Problem (TSP) and its variants. Miners compete to find optimal or near-optimal solutions to TSP problems within a 20-second timeframe, while validators generate synthetic graph problems and evaluate miner solutions based on solution quality relative to benchmarks and cohort performance.

How it works

The Graphite subnet operates with validators generating graph optimization problems (TSP variants and portfolio problems) and distributing them to miners via the Bittensor protocol. Miners receive synapse objects containing problem definitions, solve them using various algorithms (greedy nearest neighbor, dynamic programming, beam search, or hybrid pointer networks), and return solutions. Validators evaluate miner responses by comparing solution quality to the greedy benchmark and cohort performance, then set weights and distribute emissions based on scoring metrics.

The subnet supports both synthetic (randomly-generated) and organic (user-submitted via taotrader) problems, with validators optionally using a backend service for organic problem management and proxy wallet handling.

Incentive mechanism

Miners receive graph problems from validators and must return optimized routes. Solutions are evaluated on solution quality (distance/cost), with miners penalized if their solutions fall below the greedy solver benchmark. For portfolio rebalancing problems, miners are scored on historical daily profit/loss, Sharpe ratio, volume traded, number and notional value of copy traders, and max drawdown.

The reward allocation is: 60% synthetic graph problems (TSP/MTSP/MDMTSP/CMDMTSP variants), 20% portfolio rebalancing, and 20% yield/organic problems.

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

Graphite

Ayin · Hebrew letter · pronounced “ayin”

Owner: 5HjMs…S9HC
Hotkey: 5HjMs…S9HC
Owner Cut: 18.00%
Contact: [email protected]

Registered: 2y 3mo ago(Jul 17, 2024)
Block: 3,408,582
Slot history: Every subnet in SN43
Neurons: 256/256
Tempo: 360 blocks

Subnet History

SubnetIdentitySet 2025-03-09 13:52 UTC

Block 5,090,795Extrinsic

Subnet registered 2024-07-17 23:58 UTC

Block 3,408,582Extrinsic

Recent Activity

SubnetIdentitySet Block 5,090,795 Extrinsic2025-03-09 13:52 UTC
NetworkAdded Block 3,408,582 Extrinsic2024-07-17 23:58 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

RAM8 GB (16 GB rec.)

Storage10 GB

CPU Cores4

OSUbuntu 22.04

Networkdownload 100 Mbps, upload 100 Mbps

Validator

GPUNot required

RAM16 GB (32 GB rec.)

Storage10 GB

CPU Cores4

OSUbuntu 22.04

Networkdownload 100 Mbps, upload 100 Mbps

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 28 Sep 2026

Miner Setup

Clone the Graphite subnet repository

git clone https://github.com/GraphiteAI/Graphite-Subnet.git

Enter the cloned directory

cd Graphite-Subnet

Create a virtual environment with Python 3.10 or 3.11(optional)

python3.10 -m venv <your_environment_name>

Activate the virtual environment(optional)

source <your_environment_name>/bin/activate

Install PM2 process manager (Linux)(optional)

sudo apt update && sudo apt install npm && sudo npm install pm2 -g && pm2 update

Disable pip cache

export PIP_NO_CACHE_DIR=1

Install project dependencies

pip install -r requirements.txt

Create local editable installation

pip install -e .

Create a new coldkey wallet

btcli wallet new_coldkey --wallet.name <your_wallet_name>

Create a new hotkey for mining

btcli wallet new_hotkey --wallet.name <your_existing_coldkey_name> --wallet.hotkey <your_hotkey_name>

btcli subnet register --wallet.name <your_wallet_name> --wallet.hotkey <your_hotkey_name> --netuid 43

Run the miner neuron

python3 -m neurons.miner --netuid NETUID --subtensor.network NETWORK --wallet.name NAME --wallet.hotkey HOTKEY --logging.debug --axon.port PORT --blacklist.force_validator_permit True

Validator Setup

Clone the Graphite subnet repository

git clone https://github.com/GraphiteAI/Graphite-Subnet.git

Enter the cloned directory

cd Graphite-Subnet

Create a virtual environment with Python 3.10 or 3.11(optional)

python3.10 -m venv <your_environment_name>

Activate the virtual environment(optional)

source <your_environment_name>/bin/activate

Install PM2 process manager (Linux)(optional)

sudo apt update && sudo apt install npm && sudo npm install pm2 -g && pm2 update

Disable pip cache

export PIP_NO_CACHE_DIR=1

Install project dependencies

pip install -r requirements.txt

Create local editable installation

pip install -e .

Create a new coldkey wallet

btcli wallet new_coldkey --wallet.name <your_wallet_name>

Create a new hotkey for validation

btcli wallet new_hotkey --wallet.name <your_existing_coldkey_name> --wallet.hotkey <your_hotkey_name>

Create Weights & Biases account and get API key

Visit https://wandb.ai/site and create an account, then copy API key from User Settings > Danger Zone > Reveal

Configure Weights & Biases API key

Create .env file in root directory and add: WANDB_API_KEY=YOUR_API_KEY

btcli subnet register --wallet.name <your_wallet_name> --wallet.hotkey <your_hotkey_name> --netuid 43

Run synthetic validator

python3 neurons/validator.py --netuid NETUID --subtensor.network NETWORK --wallet.name NAME --wallet.hotkey HOTKEY --logging.trace --axon.port PORT --organic False

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

Day (UTC)

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What moved the price

Overview

Today so far

Subnet Configuration

Market & Economics

For Miners

For Validators & Stakers

Registration Activity

Development Activity

What Graphite does

About

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 Graphite does

About

Subnet History

Hardware Requirements

Miner Setup

Validator Setup