Decentralized OTC Trading for BitTensor Alpha

Trade subnet alpha tokens without market impact. Subnet owners get liquidity, fund managers get discounts, and investors earn yield.

SN8 Vanta · Taoshi
−18% OTC 6-mo lock
Projected value Market price Your OTC entry
Get Started
💰
Investor
Provide USDC liquidity and earn 25%+ emissions
📊
Fund Manager
Execute OTC deals and manage capital pools
📤
List Alpha
Sell your alpha tokens OTC without market dump
⛓️
Network Explorer
Monitor hotkeys, emissions, and chain activity
Browse by category
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Inference
Compute
Agentic
DeFi
Data
Storage
Featured Deals
View all →
Emissions Distribution
25%
Investor Direct Rewards
No lockup required
10%
Staking Rewards Pool
6–12 month alpha lockup
6%
Fund Manager Pool
Distributed as USDC

OTC Marketplace

Browse alpha token listings or create your own

All Listings
Buy Orders
My Listings
Create Listing
⭐
Fund Managers Get Deeper Discounts
Verified fund managers can access additional 5-10% discounts on qualifying deals. Apply for FM access →
SN8 Vanta
Fixed
Decentralized trading intelligence for financial predictions.
OTC Price
$1.82
Discount
−18%
Lock
6 mo
◆ Owner 2,400 τ available
SN64 Chutes
Dutch
Serverless GPU compute platform for ML workloads.
Current Price
$0.27
Discount
−23%
Lock
6 mo
◆ Owner 15,000 τ available
SN45 TalismanAI
New
Multi-modal inference with low-latency LLM serving.
OTC Price
$0.38
Discount
−22%
Lock
6 mo
◆ Owner 8,500 τ available
SN4 Targon
Fixed
Deterministic verification for decentralized inference.
OTC Price
$0.95
Discount
−20%
Lock
9 mo
◆ Owner 3,200 τ available
SN22 Datura
Hot
Web-scale data scraping and structuring for AI training.
OTC Price
$0.19
Discount
−28%
Lock
6 mo
⛏ Miner 25,000 τ available
SN39 Edgenet
Dutch
Decentralized edge storage and CDN for AI models.
Current Price
$0.14
Discount
−30%
Lock
12 mo
◆ Owner 30,000 τ available
Create New Listing
Create Buy Order

Investor Portal

Manage your positions and browse OTC deals

My Dashboard
Browse Deals
Federated Pools
Total USDC Locked
$125,000
↑ $5,000 this month
Current APY
38.5%
Combined emissions + performance
Active Positions
4
2 locked, 2 vesting
Pending Rewards
$1,842
Claimable now
My Positions
4 Active
SN8
Vanta (SN8)
Purchased Feb 15, 2026 · 6 month lock
Locked
Quantity
2,400 τ
Entry Price
$1.82
Current Value
$2.22
Unrealized P&L
+$960 (+22%)
65% through lock period Unlocks Aug 15, 2026
SN64
Chutes (SN64)
Purchased Jan 3, 2026 · 9 month lock
Locked
Quantity
15,000 τ
Entry Price
$0.27
Current Value
$0.35
Unrealized P&L
+$1,200 (+30%)
40% through lock period Unlocks Oct 3, 2026
SN4
Targon (SN4)
Purchased Aug 1, 2025 · 6 month lock
Vested
Quantity
3,200 τ
Entry Price
$0.95
Current Value
$1.18
Realized P&L
+$736 (+24%)
Fully vested — available to sell or restake Vested Feb 1, 2026
My Unlock Schedule
Feb 1, 2026 — Completed
3,200 τ SN4 Targon
Vested and available
Aug 15, 2026
2,400 τ SN8 Vanta
6-month lock · Est. value $5,328
Oct 3, 2026
15,000 τ SN64 Chutes
9-month lock · Est. value $5,250
Dec 22, 2026
8,500 τ SN45 TalismanAI
12-month lock · Est. value $4,165
USDC Liquidity
Active
$125,000
Total USDC Locked
Base Emissions (25%) $2,604/mo
Staking Bonus (+10%) +$1,042/mo
Fund Performance $365/mo
💡
How OTC Deals Work
Purchase alpha tokens at a discount with a lock period. Your tokens vest over time and unlock on the specified date. Longer locks typically offer deeper discounts.
SN8 Vanta
Hot Deal
Taoshi · ◆ Owner
Decentralized trading intelligence — proprietary financial prediction models.
Market Price $2.22
OTC Price $1.82
Your Discount −18%
🔒 Lock Period 6 months
Purchase 0%
+6 mo 100%
Full unlock after 6 months
Available: 2,400 τ
SN64 Chutes
New
Rayon Labs · ◆ Owner
Serverless GPU compute platform — deploy ML workloads without infrastructure.
Market Price $0.35
OTC Price $0.27
Your Discount −23%
🔒 Lock Period 9 months
Purchase 0%
+9 mo 100%
Full unlock after 9 months
Available: 15,000 τ
SN22 Datura
Hot Deal
Datura Mining · ⛏ Miner
Web-scale data scraping and structuring for AI training pipelines.
Market Price $0.26
OTC Price $0.19
Your Discount −28%
🔒 Lock Period 6 months
Purchase 0%
+6 mo 100%
Full unlock after 6 months
Available: 25,000 τ
SN39 Edgenet
Deep Discount
Edge Protocol · ◆ Owner
Decentralized edge storage and CDN for AI model delivery.
Market Price $0.20
OTC Price $0.14
Your Discount −30%
🔒 Lock Period 12 months
Purchase 0%
+6 mo 50%
+12 mo 100%
50% at 6 mo, 100% at 12 mo
Available: 30,000 τ
🏊
Federated Mining Pools
Don't want to run your own miner? Join a managed pool where a pool operator handles the technical setup. You contribute USDC and earn your share of emissions.
Rizzo Alpha Pool
Managed by Team Rizzo
Open for Investment
High-performance pool focused on maximizing emissions through strategic alpha staking. Team Rizzo brings deep Bittensor expertise and active position management.
$2.1M
Pool TVL
42%
APY
$50K
Min Entry
2%
Mgmt Fee
Manifold Liquidity
Managed by Manifold Labs
Waitlist
Premium pool with exclusive access to the deepest OTC discounts. Manifold Labs leverages their subnet relationships to source deals unavailable elsewhere.
$4.8M
Pool TVL
45%
APY
$100K
Min Entry
2.5%
Mgmt Fee

Fund Manager Portal

Execute OTC deals and track portfolio performance

✓
Verified Fund Manager
You have access to enhanced discounts (up to 35%) on qualifying OTC deals. Your current allocation is $150,000.
Current Allocation
$150,000
↑ $50K from last quarter
Portfolio Value
$187,420
+24.9% all-time
Active Positions
8
4 locked, 4 vested
Emissions Earned
$8,240
6% of network emissions
Dashboard
Active Positions
Execute Deal
Performance History
Portfolio Performance
1M 3M 6M 1Y
Active Positions
View all →
Subnet Entry Price Current Value P&L Unlock Date Status
SN8 Vanta $1.54 (−25%) $2.22 +44.2% Aug 15, 2026 Locked
SN64 Chutes $0.24 (−32%) $0.35 +45.8% Sep 22, 2026 Locked
SN4 Targon $0.83 (−27%) $1.18 +42.2% — Vested
SN45 TalismanAI $0.34 (−30%) $0.49 +44.1% Dec 1, 2026 Locked
Quick Execute

Purchase from marketplace with FM discount

Subtotal $4,750.00
FM Discount (−35%) −$1,662.50
Listing Fee (5%) $154.38
Total $3,241.88
Collateral Status
Deposited Collateral
$25,000 USDC
Healthy
$25K of $150K allocation used as skin-in-the-game
Pending Deals
SN19 Namotion
12,000 τ @ $0.28
Matching
SN14 Synthia
4,200 τ @ $0.48
Awaiting

Network Dashboard

Real-time analytics and performance metrics

Total Value Locked
$14.2M
↑ 12.4% this week
Active Listings
47
+8 new this week
Deals Completed
312
$8.4M total volume
Network APY
38.5%
↑ 2.1% from last month
Overview
Leaderboard
Analytics
Recent Activity
TVL Over Time
7D 30D 90D
Deal Volume by Category
Inference $3.2M
Compute $2.8M
Data $1.4M
DeFi $1.0M
Fund Manager Leaderboard
View full rankings →
Rank Manager AUM All-Time Return Deals Completed Avg Discount Status
1
AR
Alpha Rizzo
$2.4M +68.4% 47 −29% Verified
2
MF
Manifold Fund
$1.8M +52.1% 38 −27% Verified
3
TC
TaoCapital
$1.2M +45.8% 29 −24% Verified
4
SV
SubnetVentures
$890K +38.2% 22 −22% Verified
5
DF
DecentralFi
$620K +31.5% 18 −20% Pending
Recent Deals
✓
SN8 Vanta — 5,000 τ
Alpha Rizzo purchased at −28% discount
2h ago
✓
SN64 Chutes — 12,000 τ
Manifold Fund purchased at −32% discount
5h ago
✓
SN22 Datura — 8,500 τ
TaoCapital purchased at −25% discount
8h ago
New Listings
+
SN19 Namotion — 15,000 τ
Dutch auction starting at −20%
1h ago
+
SN11 Dippy — 8,000 τ
Fixed price at −18% discount
4h ago
+
SN27 Neuralinternet — 20,000 τ
Dutch auction starting at −22%
6h ago
Subnet Performance Tracker
View all subnets →
Subnet Category Market Cap 24h Volume OTC Volume Avg Discount Active Listings
SN8 Vanta DeFi $12.4M $148K $1.2M −22% 4
SN64 Chutes Compute $4.5M $67K $890K −26% 3
SN4 Targon Inference $7.8M $89K $680K −21% 2
SN45 TalismanAI Inference $3.1M $42K $520K −24% 3
SN22 Datura Data $1.8M $35K $410K −28% 2

List Your Alpha

Create OTC deals and get liquidity without impacting market price

💡
Why List on GroundLayer?
Whether you're a subnet owner, miner, or holder — selling alpha on the open market can tank prices. OTC deals let you access liquidity while maintaining market stability and connecting with long-term investors.
📈

Preserve Token Value

Avoid market dumps that tank prices. OTC deals happen off-exchange, keeping market cap stable for everyone.

🤝

Aligned Buyers

Lock periods ensure buyers are in it for the long haul. No quick flips—only committed investors.

💰

Instant USDC Liquidity

Convert your alpha to stablecoins without waiting or impacting the market.

⚡

Your Terms

Set your own price, lock period, and maximum discount. Use fixed pricing or Dutch auctions.

How It Works
1
Connect Your Wallet
Link your subnet owner wallet to verify ownership of your alpha tokens.
2
Create a Listing
Specify the token quantity, asking price, lock period, and maximum discount you're willing to accept.
3
Choose Auction Type
Select fixed price for immediate deals, or Dutch auction to let the market find the optimal price.
4
Get Matched
Fund managers and investors browse your listing. When terms match, the deal executes automatically.
5
Receive USDC
Tokens are locked in escrow for the buyer, and you receive USDC minus the 5% listing fee.
Create Your Listing
Unlock Schedule Preview
100% @ 6 mo
% at
% at
% at
Unlock Schedule Preview
25%
50%
100%
3 mo 6 mo 12 mo
Total Value $18,500.00
Listing Fee (5%) −$925.00
You Receive $17,575.00
Fees & Terms
Listing Fee
5%
Deducted from sale proceeds when deal executes
Minimum Listing
$5,000
Minimum total value per listing
Lock Periods
3–12 mo
Longer locks typically attract more buyers
Settlement
Instant
USDC transferred immediately on deal execution
Your Active Listings
📋
No active listings yet
Create your first listing to get started
Need Help?

Our team can help you structure the optimal deal for your subnet.

Network Explorer

Monitor SN20 chain activity, hotkeys, and emissions

Total Value Locked
$14.2M
↑ 12.4% this week
Daily Emissions
1,024 τ
~$2,458 / day
Registered Hotkeys
256
+12 this week
Active Validators
64
100% uptime
Overview
Hotkeys
Emissions
Validators
Network Activity (24h)
Emission Distribution
Validators (41%) 420 τ/day
Investor Rewards (25%) 256 τ/day
Owner Key (18%) 184 τ/day
Staking Pool (10%) 102 τ/day
Fund Manager Pool (6%) 62 τ/day
Recent Chain Activity
View all →
Block Type From To Amount Time
#4,521,847 OTC Deal 5Fh8...x9Kp 5GrW...m2Nj 2,400 τ SN8 2 min ago
#4,521,842 Stake 5HnK...p4Ws Pool-01 $50,000 USDC 8 min ago
#4,521,838 Emission SN20 Validators 420 τ 15 min ago
#4,521,831 OTC Deal 5Abc...y7Zx 5Def...w3Qr 15,000 τ SN64 22 min ago
#4,521,825 Unlock Lock-42 5Xyz...k8Mn 3,200 τ SN4 31 min ago
🔑
Registered Hotkeys
All registered miners and validators on SN20. Hotkeys are sorted by stake amount. Use the search to find specific addresses.
UID Hotkey Coldkey Type Stake Emissions (24h) Status
1 5Fh8kR9x...Kp4W 5GrW2m...NjH7 Validator 842,500 τ +124.5 τ Active
2 5HnK4pWs...Lm8Q 5JkL9n...Rt2Y Validator 721,200 τ +98.2 τ Active
3 5Abc7yZx...Qr9D 5Wvx8k...Ps3F Miner 534,800 τ +67.4 τ Active
4 5Def3wQr...Mn2X 5Tuv4j...Gh7K Miner 412,100 τ +52.8 τ Active
5 5Xyz8kMn...Jw4V 5Nop2r...Cd9B Miner 298,400 τ +38.1 τ Active
6 5Pqr5tUv...Bc8Z 5Efg6h...Ij1L Validator 245,600 τ +31.2 τ Active
7 5Stu9vWx...Yz3A 5Klm7n...Op4Q Miner 187,900 τ — Inactive
Total Emitted (All Time)
2,847,521 τ
~$6.8M value
Current Epoch
Epoch 847
23h 14m remaining
Pending Distribution
1,024 τ
Next epoch payout
Emission History
7D 30D 90D
Epoch Date Total Emitted To Validators To Investors To Stakers To FM Pool
847 Feb 2, 2026 1,024 τ 420 τ 256 τ 102 τ 62 τ
846 Feb 1, 2026 1,024 τ 420 τ 256 τ 102 τ 62 τ
845 Jan 31, 2026 1,024 τ 420 τ 256 τ 102 τ 62 τ
844 Jan 30, 2026 1,024 τ 420 τ 256 τ 102 τ 62 τ
843 Jan 29, 2026 1,024 τ 420 τ 256 τ 102 τ 62 τ
🔍
Validator Set
Validators audit chain data and determine emission distribution based on lockup amounts. They follow predefined rules for distribution.
R
Rizzo Validator
Team Rizzo
Stake
842,500 τ
Uptime
99.98%
Delegators
48
Active · Block 4,521,847
M
Manifold Validator
Manifold Labs
Stake
721,200 τ
Uptime
99.95%
Delegators
36
Active · Block 4,521,847
T
Taoshi Validator
Taoshi
Stake
534,800 τ
Uptime
99.92%
Delegators
29
Active · Block 4,521,847
All Validators
Rank Validator Hotkey Total Stake Self Stake Delegators Commission Uptime
1 Rizzo Validator 5Fh8kR9x...Kp4W 842,500 τ 250,000 τ 48 5% 99.98%
2 Manifold Validator 5HnK4pWs...Lm8Q 721,200 τ 200,000 τ 36 6% 99.95%
3 Taoshi Validator 5Abc7yZx...Qr9D 534,800 τ 180,000 τ 29 5% 99.92%
4 Rayon Validator 5Pqr5tUv...Bc8Z 245,600 τ 100,000 τ 18 8% 99.87%