Portfolios
From subnet picks to a portfolio.
Three layers, one question: what should the capital actually do? Benchmarks set the bar. Model portfolios show what a disciplined allocation looks like. System strategies graduate to capital authority only after they prove edge net of cost.
Layer 1 — Reference
Benchmarks
For: anyone comparing performance honestly.
Passive baselines for the Bittensor market: market-cap-weighted TAO, equal-weighted subnet baskets, and BTC/ETH for context. Every active strategy is judged against these — net of cost — before it earns capital.
View benchmarks →Layer 2 — Reference allocations
Model Portfolios
For: investors who want a worked-out allocation, not a single name.
Curated reference portfolios with live NAV, holdings, period returns, and risk metrics (Sharpe, Sortino, max drawdown). Backtested first, then run live. Honest about size limits — most don't scale beyond modest TAO.
See model portfolios →Layer 3 — Capital authority
System Strategies
For: capital that follows rules, not vibes.
Rules-based strategies that earn the right to deploy capital only after they clear a measurable proof gate: positive information coefficient, hit rate, t-stat, and survival of fees + slippage + turnover. Not every signal makes it.
See system strategies →How the layers stack
Benchmarks set the bar. Model portfolios show the shape. Strategies earn capital.
- Benchmarks answer “compared to what?” — the passive reference any active claim must beat.
- Model portfolios answer “what does a disciplined allocation actually look like?” — a worked example with live tracking and risk math.
- System strategies answer “what has earned the right to drive capital?” — only those that survive the proof gate net of cost.
Read the full bar in Methodology.
What's live today
- · Benchmark series with NAV history.
- · Model portfolios with daily NAV, holdings, returns, risk metrics.
- · Period-return breakdown (today / MTD / QTD / YTD / since launch).
What's on the roadmap
- · System strategies graduating after proof-gate validation.
- · Net-of-cost reporting on every active strategy (fees + slippage + turnover).
- · Capital authority workflow tying signals → strategy → portfolio.