Kraken Just Picked Bittensor's Seven Most Investable Subnets — Here's the List

Kraken became the first major exchange to put Bittensor subnet alpha tokens on its listing roadmap. The seven it chose are effectively the market's own curated shortlist.

BitExplorer · Jul 26, 2026

Chutes

Rank #2

τ0.0758

-3.64%

lium.io

Rank #1

τ0.0828

-10.56%

Targon

Rank #3

τ0.0561

+9.70%

Score

Rank #4

τ0.0388

-11.19%

Hippius

Rank #15

τ0.0175

-4.56%

Vanta

Rank #12

τ0.028

+12.99%

Ridges

Rank #28

τ0.0109

+14.96%

On June 29, Kraken announced it's adding seven Bittensor subnet alpha tokens to its listing roadmap — the first major centralized exchange to support subnet-level tokens directly, rather than just TAO itself. No confirmed live-trading date has been announced yet, but the selection itself is the interesting part: out of 128 active subnets, an exchange with real listing standards picked exactly seven.

The seven, ranked by what they're actually worth right now

Using our own live on-chain data, here's where each of Kraken's picks currently sits by market cap:

Chutes (SN64) — serverless AI inference, the network's largest subnet by market cap
lium.io (SN51)
Targon (SN4) — decentralized verifiable AI compute
Score (SN44)
Hippius (SN75)
Vanta (SN8)
Ridges (SN62)

Tagged below with live pricing.

Why the list itself matters

Alpha tokens are usually only accessible through on-chain AMM pools — not something most retail crypto traders are set up to navigate. Kraken listing them directly removes that friction for these seven specifically, which means whatever demand shows up once trading goes live will concentrate here first, not spread evenly across the other 121 subnets.

That also makes this list worth treating as a signal in its own right: an exchange doing real due diligence picked Chutes and Targon — both subnets with genuine usage and revenue narratives — alongside five others it judged met a similar bar. It's the closest thing Bittensor has right now to an external, third-party "most investable subnets" ranking, rather than one generated from inside the ecosystem.