taogalaxy

Master your allocation.
Know your portfolio.

Systematic dTAO benchmarks, an app to analyze your portfolio against them, and partners to follow them if you choose.

Request access →Book a call
Delegation partners
MentatTrustedStake
Since inception
+241.8%+239.9 pts vs market
Subnet market benchmark, same period: +2.0%
MomentumSubnet market benchmark

Simulated. Theoretical 1,000 TAO portfolio with simulated fills. Not a reliable indicator of future results.

Charts by TradingView

Momentum against the subnet market benchmark, both starting from 1,000 TAO on 22 Mar 2025. Over this period Momentum moved +241.8%, the market +2.0%, ending at 3418.4 and 1019.6 TAO.

Stop guessing which subnets to hold.

There are three ways to hold dTAO. We built the third one.

1
Hold everything
Buy a basket and wait. Dead subnets stay in your bag long after they stop shipping.
2
Trade it yourself
Decide every day. It costs every hour you have, plus the calls you make when you're tired.
3Follow a rule setwhat we do

Systematic allocation.

A written set of rules reads the market, ranks the subnets, sizes each position and rebalances on schedule.

No intuition. No decisions on the fly. The same discipline, every single day.

Momentum — top holdingsIllustrative example
  • SN64Chutes2.50%at cap
  • SN8Proprietary Trading2.41%added
  • SN4Targon2.33%
  • SN56Gradients2.28%
  • SN27Computesold

How our benchmarks run

  1. Market data
    Read every subnet on-chain: price, flows, emissions, liquidity.
  2. Quantitative signals
    Score each subnet on the factor the benchmark tracks.
  3. Basket construction
    Rank the scores and keep the best placed subnets.
  4. Risk controls
    Cap every weight so no single subnet can dominate the basket.
  5. Rebalancing
    Rebalance only when the rules say so, then start again.

Distinct benchmarks. A common discipline.

Each one captures a documented source of return in the dTAO market.

BenchmarkSince inception*StatusDelegation platform
rebalanced daily
Allocates toward subnets with the strongest and most persistent trends.
+241.8%backtestLiveTrustedStake
rebalanced daily
Allocates toward subnets with the highest yield relative to their risk.
+130.0%backtestLiveMentat
Coming soonEmergingsubnets before the crowdMarket+broad exposure, risk-adjusted

* Measured from the start of the backtesting period, not from the day the benchmark went live. Backtested results are hypothetical and are not a reliable indicator of future performance.

Request accessLearn more

The app

Your portfolio and our benchmarks, in the same place.

Performance
  • See how your allocation is really doing, and follow the benchmarks' performance in the same app.
  • Understand what produced your return: price moves, staking income and fees, subnet by subnet.
  • Follow your profit and loss day by day, over any period you choose.
Holdings
  • Follow the full life of every position you hold, from the day you entered to where it stands now.
  • Value your portfolio at market price, or at what you would actually get selling through the pools.
  • See your whole basket at a glance: weights, number of positions, and how much is still sitting in cash.
Trading Behaviour
  • For every trade you closed, see what actually made you money: price movement, staking income, fees.
  • Read your record across all your trades: win rate, average winning trade, average losing trade.
  • Open any completed trade and walk through it operation by operation, from the first buy to the exit.
Request access
Custom metrics are available on request.
Not ready for a call? Write to us instead →

The founding team.

Incubated at Station F
@allan_quantifi
@allan_quantifi
Quant

“When I discovered Bittensor, what I instantly fell in love with is the idea that, for the first time, no human stood between me and the chance to prove what I could do.”

@0xLePilz
@0xLePilz
Engineering

“What brought me to Bittensor is the belief that intelligence, like code, should be open, composable, and owned by everyone.”

@adefi_
@adefi_
Product

“When Allan first introduced me to Bittensor, something he said stuck with me: everything here is visible.”

Questions we get asked.

How the benchmarks are built, how risk is controlled, and how to get access.

About taogalaxy

taogalaxy publishes systematic benchmarks for the Bittensor subnet market, and builds the analytics to follow them alongside your own portfolio.

Rather than picking subnets by hand, each benchmark applies a written set of quantitative rules to rank subnets, size weights and rebalance.

In practice they are smart beta baskets: rule based portfolios tilted toward a documented factor such as momentum or yield.

Following a benchmark is automated through our infrastructure partners, Mentat and TrustedStake, from your own wallet.

Two today: Momentum and Carry.

Momentum tilts toward subnets where capital and attention are rotating, and adjusts as those trends evolve.

Carry tilts toward the most attractive yield to risk opportunities, with the aim of accumulating subnet yield over time.

No.

Weights, rebalancing and risk limits follow quantitative models and predefined rules. We do not adjust a benchmark on short term market views.

The construction framework and its constraints are public. The underlying signals remain proprietary.

Benchmarks & risk

Momentum is the more active of the two. It continuously adjusts its weights as trends across the dTAO market evolve, which naturally means higher turnover. By design it is most exposed to directional, bullish markets.

Carry is built to accumulate subnet yield. Once a subnet is in the basket it generally stays unless a constraint requires a change. That means lower turnover and less sensitivity to liquidity than Momentum.

Risk limits are part of the construction rules themselves. Current constraints:

  • no more than 2.5% of the basket in any single subnet, as a target; weights can drift slightly between two rebalances;
  • a basket never represents more than 3% of a subnet's liquidity pool;
  • no subnet with less than 1,500 TAO in its pool;
  • high volatility and low liquidity subnets are systematically penalised;
  • expected slippage, market impact and transaction fees are built into the weights.

Because execution changes with wallet size.

A trade that is trivial for a small wallet can move the pool, or take too large a share of a subnet's liquidity, for a large one.

Allocation is therefore adapted to each wallet's size, expected slippage and costs, rather than copying identical weights into every wallet.

Access & custody

Subnet liquidity is still thin. If too much capital follows a benchmark at once, the trades themselves move prices and raise costs for everyone.

So access is opened gradually. Every prospective wallet has a short call with us first.

The call takes about 15 minutes. It is not a screening: it lets us pace inflows, and explain exactly how a benchmark behaves before anyone delegates.

Once approved, the wallet can delegate through the relevant partner.

Because rebalancing a very small wallet costs more than it is worth.

Staking operations on the network have become considerably more expensive, and those costs hit every rebalance. Below 40 TAO, transaction costs eat a disproportionate share of the position.

We would rather say so up front than accept a delegation that cannot benefit from the process.

There is no application form. If you meet the minimum, the next step is simply to book an intro call.

Yes.

taogalaxy operates on a fully non-custodial basis. Your assets remain under your control at all times.

taogalaxy determines the benchmark allocations, while execution and delegation take place through our infrastructure partners.

Through Mentat and TrustedStake, for approved wallets.

Access starts with a short call. Once your wallet is approved, you delegate through the relevant partner.

Fees & transparency

We offer different levels of access to the benchmarks and to the app, depending on what you need. Book a call and we'll walk you through what fits.

The taogalaxy app shows your portfolio and the benchmarks in the same place.

You see your current subnet weights, how each position has evolved since you entered, accumulated yield, every rebalance, and which positions drove the result.

The aim is to show where your return actually comes from, not a headline number.

Still deciding? A 15 minute call is the whole process.

Request accessBook a call

Get in touch.

Reach out however you prefer. We read every message.

How do you prefer to be reached?
What are you interested in?
Or reach us directly: allan@taogalaxy.com · @allan_quantifi on X