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⚡How We Decide Which Bittensor Subnets are Worth Buying
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⚡How We Decide Which Bittensor Subnets are Worth Buying

Bittensor Research: Subnet Scouting

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Dynamo DeFi
Jun 05, 2025
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⚡How We Decide Which Bittensor Subnets are Worth Buying
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Bittensor Subnets with Strong Potential

This is part two of our Bittensor research series. Here’s part one.

Part one covered the mechanics of dTAO and a few major subnets. Consider that a classroom session.

Now we’re in the field, in an ecosystem designed to reward what’s real.

This guide is for you if:

  • You want to back builders before the hype arrives

  • You’re navigating Bittensor and wondering where to actually deploy

  • You care about fundamentals, not just social media buzz

Inside:

  • How to source, evaluate and buy subnet tokens

  • Research flow & the exact metrics we use to spot healthy subnets

  • 7 high-potential subnets with shipping teams, <$50m caps and real traction

Here’s our approach.

How to Value Subnets

Find the Real Stuff

Technically, anyone can spin up a subnet as long as they have the TAO to cover the startup fee (~300 TAO, not cheap, but not prohibitively expensive either).

But because TAO’s subnet ecosystem is so competitive, it’s a hard environment for scammers to survive in.

That doesn’t mean Bittensor is insulated fron the usual crypto shenanigans. Just a few weeks ago a rumor circulated that a layer 1 network was purchasing a subnet. The subnet went up in price before the network denied the rumor, and then came crashing back down.

Attacks like this are still possible, but given Bittensor’s incentive structure, emissions only go to subnets that are consistently shipping.

So how do you find these subnets and confirm legitimacy?

The first method is the Bittensor Discord. We mentioned this in our last piece, but there is a serious amount of edge to be had just by keeping up with public message boards.

Each subnet gets its own channel in the Discord server. That’s where the team posts updates, and anyone can ask the development team anything. A new channel is created when a new subnet is launched, and its usually the first place with any information on the subnet.

With 110 subnets live, there’s a lot of noise - but a quick glance at each subnet’s channel is telling: how active the channel is, how often the subnet owners / team are responding to questions and posting updates, etc.

Crypto Twitter has historically been the place to find gems - with TAO, that’s not the case.

Valuing Individual Subnets

Alright, you found a promising subnet: the team is quite active, building a real product, and the community is rallying behind them. The dTAO token representing the subnet hasn’t gone completely ballistic.

Let’s do some Fundamental Analysis.

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