Bittensor's decentralized AI network has 24 subnets generating $28 million to $35 million in annualized revenue from real customers, primarily in compute and infrastructure services. Three top subnets—Lium, Targon, and Chutes—account for nearly half of this revenue, which includes enterprise clients like PwC France and Dropbox. Fourteen subnets reinvest part of their revenue to buy back their own tokens, supporting token value beyond speculation. However, this revenue covers only about 9% to 12% of the network's $300 million annual token emissions, highlighting reliance on token incentives and concentration risk in compute services.
The Bittensor projects generate between $28 million and $35 million in annualized revenue from 24 subnets, with 14 of these subnets buying back their own tokens. For readers following the cryptocurrency market, here is Pluang's market snapshot as of Sep 22, 2026 05:22 WIB: out of 50 major cryptocurrencies, 42 rose and 7 fell today. Notable movers include BCH (Bitcoin Cash) with a price of Rp4.855.572 and a 1-day change of +9.62%, SOL (Solana) at Rp2.129.031 with +8.65%, and ADA (Cardano) at Rp4.391 with +8.63%.
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