Ask about Chutes · freeTotal Value Locked$50.91m
TVL by Chain
Bittensor$50.91m
Key Metrics
Cumulative Fees$3.69m
Cumulative Fees by chain
Bittensor$3.69m
Cumulative Revenue$3.69m
Cumulative Revenue by chain
Bittensor$3.69m
Cumulative Holders Revenue$0
Cumulative Holders Revenue by chain
Bittensor$0
Market Cap$107.52m
$SN64 Price$17.17
Fully Diluted Valuation$107.52m
$SN64 Volume 24h$271,746
CEX Volume$5,422
DEX Volume$266,954(98.24% of total)
Protocol Information
The Decentralized, Distributed Serverless AI Compute Platform
Methodology
TVL: Counts the TAO reserves of the Chutes (netuid 64) dTAO liquidity pool, read from SubtensorModule.SubnetTAO on public chain RPC.View code on GitHubFees: Revenue from Chutes serverless AI compute platform, including subscription fees, pay-as-you-go compute usage, private instance hosting, and sponsored inference services on the Bittensor network.View code on GitHubRevenue: Revenue from Chutes serverless AI compute platform, including subscription fees, pay-as-you-go compute usage, private instance hosting, and sponsored inference services on the Bittensor network.View code on GitHubHolders Revenue: View code on GitHubCompetitors
Chutes history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Feb 16, 2026 to Oct 27, 2026.
All-time high TVL: $64.18m on Sep 27, 2026. All-time low TVL: $38.72m on Jun 11, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $63.33m |
| Sep 29, 2026 | $62.15m |
| Sep 30, 2026 | $61.12m |
| Oct 1, 2026 | $61.22m |
| Oct 2, 2026 | $61.13m |
| Oct 3, 2026 | $59.48m |
| Oct 4, 2026 | $62.57m |
| Oct 5, 2026 | $61.91m |
| Oct 6, 2026 | $62.39m |
| Oct 7, 2026 | $61.96m |
| Oct 8, 2026 | $58.96m |
| Oct 9, 2026 | $54.36m |
| Oct 10, 2026 | $55.89m |
| Oct 11, 2026 | $57.78m |
| Oct 12, 2026 | $59.86m |
| Oct 13, 2026 | $54.07m |
| Oct 14, 2026 | $56.19m |
| Oct 15, 2026 | $54.12m |
| Oct 16, 2026 | $55.86m |
| Oct 17, 2026 | $55.08m |
| Oct 18, 2026 | $53.9m |
| Oct 19, 2026 | $54.02m |
| Oct 20, 2026 | $52.81m |
| Oct 21, 2026 | $54.51m |
| Oct 22, 2026 | $53.53m |
| Oct 23, 2026 | $51.95m |
| Oct 24, 2026 | $50.94m |
| Oct 25, 2026 | $50.51m |
| Oct 26, 2026 | $50.72m |
| Oct 27, 2026 | $50.44m |
TVL at each month end, Feb 2026 to Oct 2026
| Date | TVL |
|---|---|
| Feb 28, 2026 | $0 |
| Mar 31, 2026 | $0 |
| Apr 30, 2026 | $0 |
| May 31, 2026 | $0 |
| Jun 30, 2026 | $41.7m |
| Jul 31, 2026 | $41.31m |
| Aug 31, 2026 | $47.36m |
| Sep 30, 2026 | $61.12m |
| Oct 27, 2026 (latest) | $50.44m |
Fees, revenue and holders revenue by UTC calendar month, Dec 2025 to Sep 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2025 | $93,242 | $93,242 | $0 |
| Jan 2026 | $487,430 | $487,430 | $0 |
| Feb 2026 | $464,223 | $464,223 | $0 |
| Mar 2026 | $440,545 | $440,545 | $0 |
| Apr 2026 | $495,241 | $495,241 | $0 |
| May 2026 | $494,548 | $494,548 | $0 |
| Jun 2026 | $375,758 | $375,758 | $0 |
| Jul 2026 | $380,525 | $380,525 | $0 |
| Aug 2026 | $388,111 | $388,111 | $0 |
| Sep 2026 | $73,615 | $73,615 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/chutes
Frequently asked questions
What is Chutes' TVL?
As of Oct 27, 2026, Chutes has $50.91m in total value locked. TVL has decreased 20.7% over the past 30 days.
What chains does Chutes operate on?
Chutes operates on Bittensor. Bittensor holds the largest share at 100%.
What is the SN64 token price and valuation?
SN64 is currently trading at $17.29. Its circulating market capitalization is $108.26m, ranking it #379. Its fully diluted valuation is $108.26m. Supply currently stands at 6.26m circulating, 6.26m total supply, 21m maximum supply.
How has SN64 performed recently?
SN64 is down 6.9% over the past 7 days and down 23.5% over the past 30 days. Its all-time high is $104.42, reached on Jun 10, 2025. The token is currently 83.4% below that level.
How does Chutes' TVL compare to similar protocols?
Among Decentralized AI protocols tracked by DefiLlama, Chutes ranks #1 by TVL. The category holds $50.93m across 5 protocols, and Chutes accounts for 100% of that total. Similar protocols include Antseed, OpenLedger, FLock.io, and Alaya AI.