TaoLend is a decentralized lending protocol on Bittensor. It enables token holders to lend and borrow against their subnet alpha tokens, adding DeFi functionality to the ecosystem.
0.015888 τ
+330.56% (7D)
Open
0.003690 τ
High
0.017871 τ
Low
0.002051 τ
Current
0.015888 τ
40
Fear
Weak health based on 4 factors
5CXN6p…sub5 is now the highest-conviction wallet on SN116, displacing 5FFFjW…Khtj.
5CXN6p…sub5 added 30.45 α of locked α on SN116.
These top wallets, contributing 74% of the subnet's total flow, are abandoning SN116, potentially signaling a significant shift in the subnet's power dynamics.
This subnet has no public GitHub repository. This makes it harder to verify the project's development activity and code quality, which increases risk.
TaoLend is a decentralized lending protocol on Bittensor. It enables token holders to lend and borrow against their subnet alpha tokens, adding DeFi functionality to the ecosystem.
Subnet 116: Price up 660.4% this week.
≈ $251.69 USD
These top wallets, responsible for 74% of the subnet's flow, are withdrawing a significant portion of their resources, potentially signaling a shift in their strategy or a loss of confidence in Subnet 116's prospects.