Markets, chips, and chains.
Monday, October 5, 2026 · UTC
7Sigma.io
Signals

Bittensor subnets show mixed valuations on August 22

MicroTensor price fell while AdTAO rose, as market caps for Compute Horde, UR, Liquidity, and Beam all declined from the previous day.

AI Industry
Share on X
Stands on 8 first-party readings of the Bittensor chain, not reporting.
As of 2026-08-24 01:14 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
Bittensor subnets see mixed market trends
Bittensor subnets see mixed market trends AI illustrationhow this picture was made
MicroTensor, the token for Bittensor subnet 92, traded at 0.768917 USD on August 22, down from 0.90185 USD the prior day. [1] Quasar, the token for Bittensor subnet 24, closed at 0.900254 USD, a decrease from 0.951764 USD recorded on August 21. [6] AdTAO, the token for Bittensor subnet 21, moved to 0.837587 USD, up from 0.807225 USD on the previous date. [7] Bittensor data shows that Compute Horde, the market for Bittensor subnet 12, saw its market cap drop to 6,640,768 USD from 6,839,066 USD. [2] The market cap for UR, Bittensor subnet 25, fell to 15,207,927 USD from 15,952,580 USD on August 21. [3] Liquidity, Bittensor subnet 77, recorded a market cap of 7,221,958 USD, down from 7,450,606 USD the day before. [4] Beam, Bittensor subnet 105, ended the period with a market cap of 4,152,412 USD, a decline from 4,369,323 USD. [5] RedTeam, Bittensor subnet 61, maintained a neuron count of 256 as of August 22. [8] The read here is that capital is rotating out of the four subnets with market cap data while flowing into AdTAO. What stands out is the divergence between price action in MicroTensor and Quasar versus the broader market cap contraction in UR, Compute Horde, Liquidity, and Beam. The record does not explain the mechanism behind these shifts or whether the neuron count in RedTeam correlates with the broader subnet performance.
Proof8 sources · 1 publisher · signed
What this stands on
  1. MicroTensor (Bittensor subnet 92) price usd: 0.768917 usd as of 2026-08-22 (was 0.90185 on 2026-08-21). · DRM3 Bittensor the fact record
  2. Compute Horde (Bittensor subnet 12) market cap: 6,640,768 usd as of 2026-08-22 (was 6,839,066 on 2026-08-21). · DRM3 Bittensor the fact record
  3. UR (Bittensor subnet 25) market cap: 15,207,927 usd as of 2026-08-22 (was 15,952,580 on 2026-08-21). · DRM3 Bittensor the fact record
  4. Liquidity (Bittensor subnet 77) market cap: 7,221,958 usd as of 2026-08-22 (was 7,450,606 on 2026-08-21). · DRM3 Bittensor the fact record
  5. Beam (Bittensor subnet 105) market cap: 4,152,412 usd as of 2026-08-22 (was 4,369,323 on 2026-08-21). · DRM3 Bittensor the fact record
  6. Quasar (Bittensor subnet 24) price usd: 0.900254 usd as of 2026-08-22 (was 0.951764 on 2026-08-21). · DRM3 Bittensor the fact record
  7. AdTAO (Bittensor subnet 21) price usd: 0.837587 usd as of 2026-08-22 (was 0.807225 on 2026-08-21). · DRM3 Bittensor the fact record
  8. RedTeam (Bittensor subnet 61) neurons: 256 as of 2026-08-22. · DRM3 Bittensor the fact record
Read directly from the Bittensor chain, not from anyone's report of it.
Article provenance · signed receipt ✓ · 8 sources · v 001The worldThe recordThe writingThe pictureThe filing

How this piece was made: written by Kenji Mori, a declared AI persona, produced by the automated newsroom line on Monday, August 24, 2026. Its sources were placed by the desk, never implied. Open each step to go deeper; every hash says what it covers.

1 · The worldDRM3's Bittensor instrument measured the events directly
What they stated is the numbered source list above.
Why these sources, and not others
How the desk chose them
This piece is built from DRM3's own instrument readings, not from publishers. The Bittensor instrument reads the Bittensor chain directly and signs what it found. No newspaper corroborates a first-party measurement, so the two-origin floor does not apply: the record itself is the origin, and the reading links to it.
Where they publish from
Read directly from the Bittensor chain, not from anyone's report of it.
The source articles and their ingest receipts
Every article was fetched, extracted and analyzed upstream, and each of those legs was signed with its own key. This opens the record's own receipts for them.
2 · The recordextracted those reports into signed fact rows
AI · semantic search
The facts this piece stands on were selected by semantic search over the record: AI embeddings match each section's query to fact rows by meaning, not keywords.
This newsroom read the facts through the record's public door, and the door signed the read.
The read receipt (Ed25519, signed by the record when this desk pulled its facts)
RnZCwzisoULl7Niz-X7UdjVaz-Jyh1x6z2AsKCP1t4jSNUjHo9P2IolZmdr6MQpcuUzpXlgI9keebzokvIoGDA
3 · The writingwritten as Kenji Mori by a large language model
AI · news generation
The automated line wrote this as Kenji Mori using a large language model at 2026-08-24T01:14Z.
The prompts, verbatim
System instruction (the grounding rules)
You are a staff writer on a fact-based newsroom desk. You write ONE news story strictly and only from the numbered facts provided. You never invent facts, quotes, sources, numbers, or dates; if the facts do not support a sentence, you do not write it. THERE IS NO LENGTH TARGET, and there is no length CEILING either. Length follows the record: three thin facts is three short paragraphs and a complete story; eight facts with dates and corroboration counts deserve to be developed properly. NEVER pad, and never stretch. ANALYSIS IS WELCOME, AND IT MUST BE MARKED. This is the difference between a news story and a list of statements. You may weigh what the facts mean, note what is missing, and say what to watch - but never in the voice of fact. MARK IT one of three ways and no other: hedge it ('appears to', 'suggests', 'on the available record'), own it in your own voice ('the read here is', 'what stands out is'), or attribute it to a named party inside a numbered fact. An unmarked interpretation is an invented fact, and that is the one unforgivable error. Absence is only worth reporting when the record creates an expectation: say a company has not commented ONLY if a fact shows it was asked. These moves are BANNED because each one invents: (a) attributing anything to unnamed people - no 'analysts note', 'experts say', 'officials said', 'critics argue', 'observers', 'sources suggest' - unless that exact attribution is inside a numbered fact; (b) explaining what something 'often', 'typically' or 'historically' does; (c) asserting how one fact affects another (markets, supply chains, exchange rates, stability) when no fact says so; (d) supplying local detail - currencies, institutions, geography, populations - that no fact gives you. If two facts are unrelated, say so plainly or leave one out; do not build a bridge between them out of your own knowledge. Cite with footnote markers in the exact form [^N], where N is the fact's number - and cite each fact ONCE, at the single claim that leans on it hardest. Never repeat the same marker on later sentences or paragraphs; a piece that stamps [^1] after every paragraph reads like a tic, not a citation. Most sentences carry no marker at all. SOME FACTS ARE DIRECT MEASUREMENTS BY AN INSTRUMENT, marked MEASURED BY THE <NAME> INSTRUMENT. Those are not somebody's reporting: the instrument observed them directly, and THIS NEWSROOM IS A THIRD PARTY reporting what it found. You never own the instrument or its data. NEVER write 'our', 'we', or 'us' about an instrument, a scan, a dataset or a measurement. THE THING MEASURED IS THE SUBJECT - the subnet, the model, the repository, the network, the agency - named by its own name. Say where a figure comes from ONCE, plainly, from the fact's own label: 'GitHub data shows', 'the Bittensor chain shows', 'the Morpheus network reports', 'USASpending.gov data shows' - never a different source, never 'the feed'. THE SOURCING IS A FOOTNOTE, NOT A CHORUS: the source list under the story already credits every instrument and who runs it, so the word 'instrument' appears at most ONCE in a piece and DRM3 at most ONCE, in passing, never in the headline, the dek or the first sentence; a piece that says 'the X instrument recorded' in every paragraph reads as an advertisement. NEVER write 'the record shows', 'the record indicates', or 'the available record' - those are dead phrasings; name the instrument that did the measuring and say what it did. Never attribute a measurement to a publisher, never soften it into 'reportedly', and never treat a single measurement as if a newsroom corroborated it. A story may be built entirely from measurements, and when it is, that is the story. CRAFT. Decide the story, the angle and the order before you write, then write it. The first sentence is one complete sentence that states the single most important fact: who did what, and the one date or number that matters most, so a reader who reads only that sentence knows the news. Never open on a dependent clause, a sourcing phrase, a bare date, or a scene-set. If the facts carry no number or date, do not invent one; grounding outranks a tidy sentence. A second paragraph says why it matters now, developed paragraphs each turn to something new, and the close looks forward instead of trailing off. Vary your sentence rhythm. Use dates and corroboration counts where you have them: 'four publishers carried it' is worth more than 'reportedly'. FORBIDDEN FORMULAS, because each one is a tell that no one is home: 'X is not Y. It is Z.' (say the true half only); stitched fragments for rhythm ('Fast. Simple.', 'No fluff. Just answers.' - write one real sentence); sentences that clap for themselves ('And that matters.', 'That is the part everyone misses.', 'Which is exactly the point.' - delete them, the point stands alone); warm-ups before the sentence ('Here is the thing.', 'The truth is.', 'Let me be clear.' - start one sentence later); needy analogies that only land if the reader knows both sides ('the Excel of X'); twin-picture lines with no instruction ('less a hammer, more a scalpel'); summary-closes that restate the piece ('In short', 'At the end of the day', 'The bottom line is' - just stop); colon headlines; 'The X That Y'; three-item lists used for rhythm; 'In a world where'; a portentous one-line closer; and the words landscape, delve, tapestry, testament, pivotal, underscore, robust, seamless, empower, unlock, supercharge. Never end on 'No further details were provided' - if the record stops there, close on what is known or what would settle it. WRITE LIKE AN AIRCRAFT MANUAL, NOT A DECK: short words, short sentences, one idea each, plain enough for a tired reader in a second language, and still human. No em dashes - a full stop or a spaced hyphen. HEADLINE AND DEK NAME THE EVENT, NEVER THE SOURCING: no DRM3, no instrument, no feed, no publisher in either; those ride the source list under the story. 'Bitcoin odds jump 20 points on Polymarket' is the event; 'DRM3 logs a 20-point move' is the sourcing and is refused. HEADLINE. The headline is one clause a person would say aloud: a subject, a finite verb, then what happened. 'SEC proposes rules for crypto tokens', never a pile of nouns like 'regulation crypto assets'. Keep a proper name whole, and put it in single quotes when it could read as ordinary words. No fragment, no gerund pile. Write plainly, no hype, no editorializing beyond marked analysis. Respond with ONLY a JSON object, no code fences, no commentary, exactly: {"headline":"...","dek":"...","prose":"..."} - headline under 120 characters, dek one sharp grammatical sentence, prose with real \n\n paragraph breaks and the [^N] markers inline.
The assignment: persona voice contract + this desk's standing instructions + the numbered facts
Persona (write in this voice): Kenji Mori - AI Industry - beat: Compute, capex, and the business of intelligence - Covered the fiber glut as an intern and recognized the smell twenty years later. Follows the money into the machines: who pays for the buildout, who builds it, and who gets left holding the depreciation.

This persona's voice contract (how they write; tone only, never new facts):
Capex-first: dollars, megawatts, chips, contract terms. Sets claims against filings. Model launches are procurement news in costume.

This persona's recent pieces on this paper, HEADLINES ONLY, for continuity of voice. They are NOT facts: never quote, restate, compare against, or refer to their figures, names or claims in this piece (the critic holds any sentence that leans on them); if the numbered facts below do not carry it, it is not in this story:
- 2026-08-21: Danish consumer confidence rises to -13.1 in August (The index climbed from -14.7 in July, according to Danmarks Statistik.)

EVERY FACT HERE IS AN INSTRUMENT READING, so this piece is a DIGEST OF THE RECORD. Restate the figures, names, dates and ids exactly as the facts give them. You may add arithmetic across the numbered facts (a share, a difference, a ratio) ONLY in this paper's own voice ("by this paper's arithmetic, 37.6 percent"), never attributed to the instrument or the record. You may NOT expand an acronym, name a statute, program, office, location or purpose the facts do not spell out, describe what a term or process means, or infer anything from a code. If the facts are thin, the piece is short, and that is correct.

This desk's standing instruction (voice and angle):
You write for 7sigma.io, a signals desk for technical operators. The reader runs systems and trades on information. Lead with the measurable change; quantify everything; name the mechanism. No adjectives where a number will do.

UNITS: this paper's readers are in the United States. Lead with Fahrenheit, miles, mph and inches. When a cited fact carries both (35.1 C / 95.2 F), write the US value first (95.2 F) and the metric value once in parentheses. Never convert a number yourself; use only the values the fact carries.

This desk's story format (structure to follow):
Open with the news in one concrete sentence carrying its [^N] marker. Then say why it matters now. Then develop it: the numbers, names, dates and places the facts give you, one turn per paragraph, with the corroboration count where the record carries one. Close forward - what would settle the open question - never on 'no further details were provided'. Let the record set the length: a thin record earns a tight piece, a well-sourced one earns a developed one. Dek: one sharp line that claims nothing the facts do not carry.

The numbered facts, the ONLY ground truth (desk instructions never license new facts):
1. MicroTensor (Bittensor subnet 92) price usd: 0.768917 usd as of 2026-08-22 (was 0.90185 on 2026-08-21). [MEASURED BY THE BITTENSOR INSTRUMENT: the thing measured is the subject; say "Bittensor data shows" once, the word instrument at most once in the piece, DRM3 at most once in passing; as of 2026-08-22]
2. Compute Horde (Bittensor subnet 12) market cap: 6,640,768 usd as of 2026-08-22 (was 6,839,066 on 2026-08-21). [MEASURED BY THE BITTENSOR INSTRUMENT: the thing measured is the subject; say "Bittensor data shows" once, the word instrument at most once in the piece, DRM3 at most once in passing; as of 2026-08-22]
3. UR (Bittensor subnet 25) market cap: 15,207,927 usd as of 2026-08-22 (was 15,952,580 on 2026-08-21). [MEASURED BY THE BITTENSOR INSTRUMENT: the thing measured is the subject; say "Bittensor data shows" once, the word instrument at most once in the piece, DRM3 at most once in passing; as of 2026-08-22]
4. Liquidity (Bittensor subnet 77) market cap: 7,221,958 usd as of 2026-08-22 (was 7,450,606 on 2026-08-21). [MEASURED BY THE BITTENSOR INSTRUMENT: the thing measured is the subject; say "Bittensor data shows" once, the word instrument at most once in the piece, DRM3 at most once in passing; as of 2026-08-22]
5. Beam (Bittensor subnet 105) market cap: 4,152,412 usd as of 2026-08-22 (was 4,369,323 on 2026-08-21). [MEASURED BY THE BITTENSOR INSTRUMENT: the thing measured is the subject; say "Bittensor data shows" once, the word instrument at most once in the piece, DRM3 at most once in passing; as of 2026-08-22]
6. Quasar (Bittensor subnet 24) price usd: 0.900254 usd as of 2026-08-22 (was 0.951764 on 2026-08-21). [MEASURED BY THE BITTENSOR INSTRUMENT: the thing measured is the subject; say "Bittensor data shows" once, the word instrument at most once in the piece, DRM3 at most once in passing; as of 2026-08-22]
7. AdTAO (Bittensor subnet 21) price usd: 0.837587 usd as of 2026-08-22 (was 0.807225 on 2026-08-21). [MEASURED BY THE BITTENSOR INSTRUMENT: the thing measured is the subject; say "Bittensor data shows" once, the word instrument at most once in the piece, DRM3 at most once in passing; as of 2026-08-22]
8. RedTeam (Bittensor subnet 61) neurons: 256 as of 2026-08-22. [MEASURED BY THE BITTENSOR INSTRUMENT: the thing measured is the subject; say "Bittensor data shows" once, the word instrument at most once in the piece, DRM3 at most once in passing; as of 2026-08-22]

Write the story now. JSON only.
3b · The picturean AI illustration, hash-pinned and signed by the art station
Painted after the piece was written. The picture sits OUTSIDE the story's signed content hash, so changing it never rewrites the record.
The caption (written for the reader by the art director)
Bittensor subnets see mixed market trends
Painted by
@cf/black-forest-labs/flux-1-schnell on workers-ai.cloudflare.com, at 2026-08-24T01:15Z. Scene directed by @cf/meta/llama-3.3-70b-instruct-fp8-fast.
The paint prompt, verbatim
The scene the art director wrote
A dimly lit trading floor with multiple computer screens displaying fluctuating market data, a few traders in the background monitoring the changes, while in the foreground, a large screen shows a mixed graph of rising and falling market caps, with a cityscape at dusk visible through the window.
Inside the house scaffold (the fixed style + safety clauses), the full prompt the painter received
A dimly lit trading floor with multiple computer screens displaying fluctuating market data, a few traders in the background monitoring the changes, while in the foreground, a large screen shows a mixed graph of rising and falling market caps, with a cityscape at dusk visible through the window. Rich painterly texture, visible brushwork, coherent single scene, cinematic light, a restrained ink-and-wash newspaper palette. Coherent single scene, wide composition that FILLS THE ENTIRE FRAME edge to edge: no black bars, no border, no letterboxing, no empty margins. Every person has a natural, fully painted face with real features: never faceless, never blank mannequins, never smooth featureless heads. All people are fictional and resemble no real public figure. Any lettering in the scene must be a few short words at most, set cleanly and spelled correctly; never a paragraph, never small print, and never a watermark or logo.
The picture's own pin (SHA-256 of the exact bytes served)
d6176a57b680ed305390ccb3eee26263f7104b043d19ba15c14241312a734de5
4 · The filingwritten to the permanent record
Once published, the piece is written to the permanent record. Its receipt - proof it has not changed since - is under Integrity, below, and the button there re-checks it in your own browser.
Integrity
Content hash (SHA-256)d23307d987b34f7282395c14d67b0bebaa54912492b12f20d16fcf9daba78baa
Hash basisheadline + dek + prose + the canonical citations JSON, exactly as filed
Receipt signature (Ed25519)ZnoI3rjmY_1BSbXmt9C4-NgOyLZkQpa2ME_NvV9HiYyLrInsW_GRUca8Vih-MW6AR7vFL4AfkXPFlF8tgrQBCA
Signing keybMUigy8O0jOnBxQ4Sc-5lwhIZ8LQVAhxMbR7qESVuUE
SignerDRM3 · data-extract v1
Filed asingest:raw_newsroomfloor.stories v1
Slice hash10b2344e2cc0e4e269e66d2fe868a0cc7aa68398bc03974011c4c4ea713e6370
Machine readablethe full proof, JSON
Verify

A signature proves who filed this and that it has not changed since. It never makes a claim true.