02 / SECURITY MASTERSUBNET SCORECARD
netuid 45 · Code Generation

Gen42

Code completion and repo-level reasoning scored on test pass rates.

NETWORK IDENTIFIERSN45Sample data
Sample data bullishmomentumspeculativehigh risk80
Alpha price+3.6% 24h · +9.8% 7d
Delegation APY+0.80pp in 24h
Market cap$880K 24h volume
Turnovervolume ÷ market cap
Emission shareof network issuance
Validatorsstability score 41/100
Illustrative alpha-price profile

Synthetic shape · 14 sample points, not observed trading sessions

P1P2P3P4P5P6P7P8P9P10P11P12P13P14$3.00$3.25$3.50$3.75$4.00

Sample 7d change: 9.8% · volatility proxy: 18.4%. Neither is measured from this illustrative line.

Bull case / bear case

Bull case

  • Alpha price is up 9.8% over 7 days and volume is up 36% — the move has participation behind it.
  • A 25.8% delegation APY is at the top of the range, so the position pays you while the thesis plays out.
  • Momentum score of 80/100 puts it in the top decile of this set.
  • Category tailwind: code generation is one of the clearer demand stories on Bittensor, and Gen42 is the higher-beta way to own it.

Bear case

  • Daily volume of $0.88M against a $15.3M cap means exiting size will move the price against you.
  • Emissions are set by network consensus and can be reweighted; 1.5% today is not a contract.

What this means for you

If you are delegating TAO, SN45 reads as a satellite position sized for drawdowns. You are buying mid-range yield (25.8%) plus exposure to code generation demand. A 30–40% drawdown in this alpha token would be unremarkable, so size it at a level where that outcome is survivable. Model the compounding before you commit — a 25.8% APY at quarterly compounding is materially different from the same rate compounded daily.

Risk classification: Higher risk — thin liquidity, large drawdowns possible

PRO / PLANNED

Emission history, validator-level breakdown and APY alerts are Pro features.

See Pro features
Sample snapshot · Aug 4, 2026 · Editorial analysis and synthetic metrics

Sample data. Figures for SN45 on this page are synthetic and internally consistent for demonstration; they are not chain state. Live TAO price elsewhere on the site comes from CoinGecko.