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

2026-11-12 UTC, as of ≈14:42 UTC (block 9,490,900)

Price, today so far: 0.003022 τ
Volume, today so far: 119.08 τ
Market cap incl. burned, today so far: 9.61K τ
TAO in pool, today so far: 8.92K 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

6/6458 open

Economics

Owner Cut

18.00%

Weights

Disabled

Disabled

100

1–65535

Timing

Tempo

360~1.2h

Immunity Period

65,535~9.1d

Activity Cutoff

5,000~16.7h

Market & Economics

Market

Market Cap

8,020.8728 τ

FDV

18.53K τ

TVL

17.84K τ

Lifetime Volume

1.29M τ

Holders

2,299−0.39% 7d·−0.22% 30d

Circulating alpha

2,653,945.7592 ש

Owner Locked

212,500.0052 ש(8.01% of circulating)Perpetual

14d price

Holder & circulating-alpha metrics as of 2026-11-12 00:00 UTC (daily close)

Revenue / Recycle

2.47×

last day · Net positive

Emissions

<0.01%of network emissions

TAO emitted to this subnet

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

0.2411 τ/day

0.2411 τ per day

Daily distribution

Alpha paid out each day, valued at the pool price

7,200.0000 ש/day

≈ 21.7602 τ·21.7602 τ per day

Miners44.06%

3,172.3644 ש ≈ 9.5877 τ/day

Validators37.94%

2,731.6686 ש ≈ 8.2558 τ/day

Owner18.00%

1,295.9670 ש ≈ 3.9167 τ/day

Stake 1,000 τ here

306.2634 ש/day≈ 0.9256 τ·0.9256 τ per day

From the validator share, before commission

34.07%staker APY

· 30d avg 34.07% · Stable

90d

Pool emits 1.0000 ש/block at 0.003022 τ/ש. Yield varies with stake weight, pool price, and emission rate.

For Miners

44.06% of emission

Slots

256/256Competitive

Burn Cost

0.8000 τ

Est. per Miner

0.6927 ש/epoch≈ 0.0021 τ

Pool / Epoch

158.6182 ש≈ 0.4794 τ

For Validators & Stakers

37.94% of emission

Validator Slots

6/6458 open

Est. per Validator

22.7639 ש/epoch≈ 0.0688 τ

Registration Activity

Neuron registration trends

This Interval

24h: 18 registrations (18 burn · 0 PoW)

Target / Interval

Slots Available

Competitive

256/256

Neurons

256

Development Activity

mode-network/synth-subnetPython

1014713 contributors13 commits/30dLast commit 2d ago

MIT

Top Contributors

Recent Releases

v1.15.015d ago v1.14.035d ago v1.13.051d ago v1.12.072d ago v1.11.1101d ago

About

Predictive intelligence for financial markets and beyond

Write-up pending

On-Chain Identitysigned on-chain by subnet owner

Synth

Shin · Hebrew letter · pronounced “shin”

Owner: 5Dxyi…sJkD
Hotkey: 5Dxyi…sJkD
Owner Cut: 18.00%

Registered: 1y 9mo ago(Jan 22, 2025)
Block: 4,763,204
Slot history: Every subnet in SN50
Neurons: 256/256
Tempo: 360 blocks

Website

URL: https://synthdata.co/ (synthdata.co, opens in a new tab, external site)
Status: Up200
TLS: Valid
Title: Synth | Succeed in Financial Markets with Predictive Intelligence
Checked: 2026-11-12 04:06 UTC

Changes (5)

2026-11-04 04:05 UTCUp200Synth | Succeed in Financial Markets with Predictive Intelligence
2026-10-31 04:06 UTCUp200Synth | Succeed in Financial Markets with Predictive Intelligence
2026-10-22 04:06 UTCUp200Synth | Succeed in Financial Markets with Predictive Intelligence
2026-10-17 04:07 UTCUp200Synth | Succeed in Financial Markets with Predictive Intelligence
2026-10-13 08:03 UTCUp200Synth | Succeed in Financial Markets with Predictive Intelligence

Subnet History

SubnetIdentitySet 2025-07-23 19:16 UTC

Block 6,061,977Extrinsic

SubnetIdentitySet 2025-06-09 17:15 UTC

Block 5,744,594Extrinsic

SubnetIdentitySet 2025-02-14 15:43 UTC

Block 4,925,752Extrinsic

Subnet registered 2025-01-22 21:56 UTC

Block 4,763,204Extrinsic

Subnet dissolved 2025-01-22 21:56 UTC

Block 4,763,204Extrinsic

Recent Activity

SubnetIdentitySet Block 6,061,977 Extrinsic2025-07-23 19:16 UTC
SubnetIdentitySet Block 5,744,594 Extrinsic2025-06-09 17:15 UTC
SubnetIdentitySet Block 4,925,752 Extrinsic2025-02-14 15:43 UTC
NetworkAdded Block 4,763,204 Extrinsic2025-01-22 21:56 UTC
NetworkRemoved Block 4,763,204 Extrinsic2025-01-22 21:56 UTC

Write-up pending

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

Day (UTC)

2026-11-11

0.01%

2026-11-10

0.01%

2026-11-09

0.01%

2026-11-08

0.01%

2026-11-07

0.01%

2026-11-06

0.01%

2026-11-05

0.01%

2026-11-04

0.01%

2026-11-03

0.01%

2026-11-02

0.01%

2026-11-01

0.02%

2026-10-31

0.02%

2026-10-30

0.01%

2026-10-29

0.01%

2026-10-28

0.01%

2026-10-27

0.01%

2026-10-26

0.02%

2026-10-25

0.02%

2026-10-24

0.02%

2026-10-23

0.02%

2026-10-22

0.02%

2026-10-21

0.02%

2026-10-20

0.02%

2026-10-19

0.05%

2026-10-18

0.06%

2026-10-17

0.06%

2026-10-16

0.07%

2026-10-15

0.09%

2026-10-14

0.11%

2026-10-13

0.10%

2026-10-12

0.11%

2026-10-11

0.10%

2026-10-10

0.10%

2026-10-09

0.09%

2026-10-08

0.09%

2026-10-07

0.09%

2026-10-06

0.12%

2026-10-05

0.12%

2026-10-04

0.09%

2026-10-03

0.07%

2026-10-02

0.06%

2026-10-01

0.06%

2026-09-30

0.07%

2026-09-29

0.06%

2026-09-28

0.05%

2026-09-27

0.05%

2026-09-26

0.07%

2026-09-25

0.06%

2026-09-24

0.05%

2026-09-23

0.05%

2026-09-22

0.06%

2026-09-21

0.06%

2026-09-20

0.07%

2026-09-19

0.07%

2026-09-18

0.07%

2026-09-17

0.07%

2026-09-16

0.09%

2026-09-15

0.09%

2026-09-14

0.10%

2026-09-13

0.10%

2026-09-12

0.10%

2026-09-11

0.10%

2026-09-10

0.10%

2026-09-09

0.12%

2026-09-08

0.14%

2026-09-07

0.14%

2026-09-06

0.18%

2026-09-05

0.22%

2026-09-04

0.22%

2026-09-03

0.23%

2026-09-02

0.21%

2026-09-01

0.19%

2026-08-31

0.21%

2026-08-30

0.22%

2026-08-29

0.20%

2026-08-28

0.15%

2026-08-27

0.14%

2026-08-26

0.11%

2026-08-25

0.12%

2026-08-24

0.13%

2026-08-23

0.13%

2026-08-22

0.14%

2026-08-21

0.17%

2026-08-20

0.19%

2026-08-19

0.19%

2026-08-18

0.19%

2026-08-17

0.19%

2026-08-16

0.17%

2026-08-15

0.17%

2026-08-14

0.16%

What moved the price

Overview

Today so far

Subnet Configuration

Market & Economics

For Miners

For Validators & Stakers

Registration Activity

Development Activity

About

Website

Subnet History

Recent Activity

Participate

What moved the price

Today so far

Subnet Configuration

Market & Economics

For Miners

For Validators & Stakers

About

Website

Subnet History