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SN40
Ralph
The same model, small enough to run on your phone. Compress the frontier models into GGUFs.
0.001691
-0.83%
📊 Open Interactive Chart
1,198
Liquidity (TAO)
$0.52
USD per Alpha
1/256
Active Miners
8
Validators
1,414,088
Total Stake
1H-0.0%
24H-0.8%
7D-5.8%
30D-28.4%
Calculate Returns
📖 About This Subnet
WEBSITE GITHUB ON-CHAIN

SN40 Ralph is a Bittensor subnet focused on compressing open models into smaller formats that can run on mobile devices. By utilizing advanced compression techniques, Ralph enables users to access powerful AI models without the need for extensive hardware resources. This service allows for efficient deployment of AI applications directly on smartphones, making cutting-edge technology more accessible.

⚙️ How It Works

Miners in the Ralph subnet compress open models like Qwen3-8B into various bit tiers while maintaining the original architecture. Validators then verify these submissions, ensuring the integrity and quality of the compressed models before they are crowned and made available for download, incentivizing miners through a competitive tournament structure.

🎯 Vision

Ralph aims to revolutionize the accessibility of AI by enabling high-performance models to run on everyday devices. Their long-term goal is to democratize AI technology, allowing more users to leverage advanced capabilities without needing specialized hardware.

👥 Team & Backing

Team information not publicly disclosed.

⚡ Key Facts
•Ralph compresses models into GGUF formats for mobile compatibility.
•It operates a competitive tournament to crown the best compression techniques.
•The subnet supports four bit-budget tiers for model submissions.
•Ralph has published seven signed rounds of competition results.
•Miners can use various methods for compression without oversight on their techniques.
WebsiteGitHub
📋 ANALYST REPORT BULLISH SubnetAIQ Research · AI-Generated
Revolutionizing data processing efficiency in decentralized networks.

SN40 Chunking optimizes data handling in decentralized systems, solving inefficiencies that plague traditional networks. Designed for developers and miners, it enhances transaction speeds and lowers costs, making it essential for a scalable future in blockchain technology. This subnet exists to unlock the full potential of decentralized applications by streamlining data management.

📈 Bull Case

If SN40 Chunking can attract more active miners and validators, it could see a 10x increase in value driven by enhanced network efficiency and reduced costs. Major partnerships with dApp developers could catalyze adoption, leading to widespread use and increased liquidity.

📉 Bear Case

The primary risk lies in the low number of active miners, which could hinder network performance and scalability. Additionally, the high stake concentration at 65.7% might deter new validators from participating, raising concerns about centralization.

⚔️ Competitive Edge

SN40 Chunking offers superior data processing capabilities compared to other subnets, leveraging advanced algorithms that enhance speed and efficiency. Its unique focus on chunking sets it apart from traditional solutions both within and outside the Bittensor ecosystem.

🎯 Thesis · BULLISH

With only 1 active miner and a utilization rate of 39.1%, there's significant room for growth as more miners join. The current total stake of nearly 3 million TAO indicates strong investor confidence and potential for increased participation

Verdict

"SN40 Chunking is a hidden gem poised for explosive growth in the decentralized landscape."

📰 Activity Feed
DEV STATUS
Active (1d since last push)
0 Stars
0 Forks
0 Issues
Python
🔒
NETWORK 8 active validators securing the subnet
1 miners competing for emissions
2026-11-04
💻
DEV Merge pull request #18 from RalphLabsAI/feat/burn-record
by Bitzy (9304344)
2026-11-03
💻
DEV Declare a burn on the trail, as a record
by bitzic (dfb5388)
2026-11-03
💻
DEV README: say where the auditor's --signer key comes from
by bitzic (194ff53)
2026-10-29
💻
DEV Merge pull request #17 from RalphLabsAI/fix/round8-readiness
by Bitzy (6500e1b)
2026-09-16
💻
DEV Name the anchor holder's flag for what it is
by bitzic (af70ce5)
2026-09-16
💻
DEV Docs: round-7 rules, miner CLI flow, auditor weights
by bitzic (fdb10a2)
2026-09-16
💻
DEV The crowns publisher owns one block of the card
by bitzic (f0a7890)
2026-09-16
💻
DEV Write miner commitments through the 11.x call path
by bitzic (7f7c05d)
2026-09-16
📊 Network Metrics
0.001691
Alpha Price (TAO)
1,198
Liquidity (TAO)
1/256
Active Miners
8
Validators
1,414,088
Total Stake
0.4%
Utilization
295.20
Emission / Tempo
360
Tempo (blocks)
📊 Interactive Chart Preview
Ralph · Last 90 days with momentum signals
Moving averages · Volume bars · Drawable price lines · BUY/SELL arrows · 1H to ALL timeframes
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⚙️ Network Details
Alpha Supply (In Pool)708,711
Avg Miner Emission42.1717
Median Miner Emission1.1596
Top Validator Stake910,630 TAO (64.4%)
Dynamic (dTAO)✓ Yes
🛡️ Risk Assessment
HIGH: Stake concentration — Top validator holds 64.4% of total stake
HIGH: Low miner activity — Only 1 active miners
HIGH: Low liquidity — Only 1,198 TAO — high slippage risk
MEDIUM: Low utilization — 0.4% of neuron slots active
🏆 Competitive Landscape
Sector: Other — Uncategorized
Market Position: Market Leader — #1 in Other by liquidity
Insufficient competitor data for comparison.

Sector Rankings — Other

Rank Subnet Liquidity Price Miners Validators Total Stake
#1 SN40 Ralph YOU 1,198 0.001691 1/256 8 1,414,088
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