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SN97
Ingot
Open models, cast small.
0.011512
-0.91%
📊 Open Interactive Chart
10,687
Liquidity (TAO)
$2.72
USD per Alpha
5/256
Active Miners
7
Validators
1,761,377
Total Stake
1H-0.0%
24H-0.9%
7D-8.1%
30D-27.6%
Calculate Returns
📖 About This Subnet
WEBSITE GITHUB ON-CHAIN

SN97 Ingot is a specialized Bittensor subnet that focuses on quantizing a fixed teacher model to create high-quality AI models. Utilizing advanced machine learning techniques, miners compete to refine their models, ensuring they remain as close as possible to the original teacher's output. This process leverages the power of decentralized networks to enhance AI performance and accessibility.

⚙️ How It Works

In this subnet, miners upload their quantized models, which are then evaluated by validators against the original teacher model. The validators assess the models based on their next-token predictions, rewarding those that demonstrate the least divergence from the teacher's outputs. This competitive mechanism incentivizes continuous improvement and innovation among miners.

🎯 Vision

The long-term goal of SN97 Ingot is to democratize access to high-performance AI models, fostering a collaborative environment for developers and researchers. By refining AI capabilities through community-driven efforts, Ingot aims to significantly impact various industries by providing advanced tools for data analysis and decision-making.

👥 Team & Backing

Team information not publicly disclosed.

⚡ Key Facts
•Ingot utilizes a ternary quantization approach to model refinement.
•The subnet is built on the Bittensor framework, promoting decentralized AI development.
•Miners compete to create models that stay closest to a fixed teacher model.
•Validators play a crucial role in assessing model quality and ensuring performance standards.
•Ingot's models are designed to be efficient, with a focus on reducing file sizes while maintaining high accuracy.
WebsiteGitHub
📋 ANALYST REPORT BULLISH SubnetAIQ Research · AI-Generated
Unlocking AI potential through efficient model distillation.

SN97 distil focuses on distilling AI models to enhance performance and efficiency. It serves developers and researchers who need optimized models without compromising on quality. This subnet exists to streamline the AI development process, making it faster and more resource-efficient.

📈 Bull Case

If SN97 distil can attract more active miners and increase liquidity, it could see a tenfold increase in value. Catalysts include partnerships with AI firms and successful implementation of its technology in real-world applications.

📉 Bear Case

The high stake concentration poses a risk of centralization, which could deter new participants. Additionally, low active miner utilization indicates a lack of engagement, which could hinder growth and adoption.

⚔️ Competitive Edge

SN97 distil offers specialized distillation capabilities that are currently unmatched within the Bittensor ecosystem. Its focus on efficiency sets it apart from other AI model optimization solutions in the broader market.

🎯 Thesis · BULLISH

With a total stake of 1,139,682 TAO and a unique focus on model distillation, SN97 distil is positioned to become a leader in optimizing AI technologies. The low utilization rate of active miners suggests significant room for growth as awareness and demand increase

Verdict

"SN97 distil is the hidden gem of Bittensor, poised for explosive growth in the AI landscape."

📰 Activity Feed
DEV STATUS
Active (0d since last push)
1 Stars
0 Forks
0 Issues
Python
💻
DEV perf(eval): faster reads
by weather-boss-dendrite (0b3761e)
2026-11-04
💻
DEV feat(eval): KL alone decides, 3% margin, reasoning domain, corpus v5
by weather-boss-dendrite (b7ff725)
2026-11-04
💻
DEV chore(llms.txt) updated eval machines info
by dendrite-aprecat (a24831a)
2026-11-04
🔒
NETWORK 7 active validators securing the subnet
5 miners competing for emissions
2026-11-04
🔴
VALIDATORS 3 validators removed
Validators: 10 → 7
2026-11-04
💻
DEV fix(web): dashboard hero always the best model; 8-bit cards like 1.75-bit; instant round switch
by weather-boss-dendrite (161eb02)
2026-11-03
💻
DEV feat(eval): split teacher across boxes with answer-row states, real-size shm room, early teacher registration, llama-pri
by dendrite-aprecat (b138013)
2026-11-03
💻
DEV fix(web): drop the teacher/genesis line from the benchmarks head and the round label from history
by weather-boss-dendrite (f2b56b0)
2026-11-03
💻
DEV feat(web): BBEH Mini as the sixth 2-bit benchmark; AA estimate survives a teacher rerun
by weather-boss-dendrite (f2c5430)
2026-11-03
💻
DEV feat(web): token-by-token KL section (King XVII vs Bonsai 2, held-out steps); lighter section titles
by weather-boss-dendrite (ee84165)
2026-11-02
📊 Network Metrics
0.011512
Alpha Price (TAO)
10,687
Liquidity (TAO)
5/256
Active Miners
7
Validators
1,761,377
Total Stake
2.0%
Utilization
295.20
Emission / Tempo
360
Tempo (blocks)
📊 Interactive Chart Preview
Ingot · 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)928,283
Avg Miner Emission36.9002
Median Miner Emission29.5202
Top Validator Stake1,466,602 TAO (83.3%)
Dynamic (dTAO)✓ Yes
🛡️ Risk Assessment
HIGH: Stake concentration — Top validator holds 83.3% of total stake
MEDIUM: Low utilization — 2.0% 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 SN97 Ingot YOU 10,687 0.011512 5/256 7 1,761,377
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