01/10
| SN | Subnet | Price | Change |
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| SN | Subnet | Price | Change |
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Opentensor unveiled Gamma tokens, a proposed new economic layer meant to let Bittensor subnets buy and sell each other's AI services without touching fiat. The announcement landed alongside Bittensor's Exploit Summit in Montreal, where Metanova Labs reported a lab partner has synthesized molecules discovered through its SN68 competitions. Stillcore Capital also disclosed a stake in Lium, SN51.
01 / DAILY
Opentensor introduced Gamma tokens as canonical utility tokens for subnets, designed so agents can acquire and spend them to pay for subnet AI commodities directly, skipping fiat entirely. const_reborn said the mechanism works by burning alpha tokens to acquire gamma. The announcement immediately drew community questions about how the burn-for-gamma conversion would actually function in practice.
02 / DAILY
Bittensor's annual Exploit Summit ran two days in Montreal across two livestreamed stages. Yuma Group presented on how protocol design and liquidity shape subnet price discovery, while const_reborn delivered a 'State of the Union' talk arguing training and inference are moving to the edge, run by miners chasing energy in a pattern compared to Bitcoin mining. Metanova Labs used its slot to detail SN68 progress: molecules identified through its Bittensor competitions have now been synthesized by a partner lab, with a new competition planned that scores entries against lab data. Macrocosmos and Crucible Labs were also present at the conference.
03 / DAILY
Stillcore Capital announced an investment in Lium, Bittensor's SN51.
04 / DAILY
Community members argued over what should happen to alpha from deregistering subnets -- burn it to reward existing holders, or lock it so subnet teams can build an operating treasury. Some in the discussion raised concern that locked alpha could be misused by subnet teams for personal gain rather than benefiting token holders, pointing to past incidents as the basis for that concern.
End of this edition
