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Bittensor's revenue hits $70M annually but token emissions still outpace earnings.

Protocol Fundamentals
04 Nov 2026, 14:54 WIB
Crypto Briefing
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Bullish
Bittensor's revenue hits $70M annually but token emissions still outpace earnings.

Bittensor's ecosystem revenue surged to an estimated $70 million annualized, a 40% increase from the previous month, driven mainly by compute and inference subnets like Lium, Targon, and Engy. Despite this growth, the network's token emissions exceed $300 million annually, with external revenue covering only 9-23% of these emissions, highlighting a sustainability challenge. Some subnets are using income to buy back tokens, but the heavy reliance on compute subnets and the emissions gap remain key risks. SubConnect projects revenue could surpass $100 million by the end of 2026 if growth continues.

Bittensor's ecosystem revenue run rate reached an estimated $70 million annually, marking a 40% increase from the previous month. For readers following the broader cryptocurrency market, here is Pluang's market snapshot as of Nov 04, 2026 19:02 WIB: out of 50 major cryptocurrencies, 39 rose and 10 fell today. Notable movers include YFI (Yearn) with a price of Rp36.997.705 and a 1-day change of +4.81%, ENJ (Enjin Coin) at Rp443 with a +4.29% change, and GRT (The Graph) priced at Rp366 with a +4.04% change.

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