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Chutes

Live. Machine-drafted, not yet checked by a person.

Full record

Chutes says it lets developers run AI software using computing power spread across many independent providers. Its pages make no dated promises we could check. It trades at $15.91, #284 of all coins by size, 85% below its highest ever price.

This week Nothing changed on its record.

A real job, real backing. No dated promises on its pages. Nothing dated ahead. #2 of 95 Bittensor subnets. 1 reason to be careful.

Is it real?

2 of 4tests passeda real job, real backing, something ahead, room to grow
nonenamed backersno investor or index on file
15 monthson the marketsince 10 June 2025
2.03Kpeople watch iton CoinGecko lists

Reasons to be careful:Half the supply still to come

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2 of 4

  • A real-world jobReal-world purpose: AI services
  • Real backingBacking: trades on Kraken
  • Something aheadA dated step, deliveries on record, or demand showing up in the news.
  • Room to growWorth at least four times less than the biggest coin doing the same job, so the gap is real, not a guess.

No named backer

  • Origin10 June 2025about about 15 monthschutes.ai, GitHub
  • DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
  • BackingNo named investorListed on Kraken
  • Standing on the recordNo recordNo dated promise to judge yet3 headlines last month2,028 people keep it on a CoinGecko watchlistNo corrections needed so far
The gap, and what to do

It is already worth more than the typical coin in Bittensor Subnets ($4.9M). To match the leader, lium ($97.7M), its price would need to rise 4%, to about $16.47.

Still to check

  • No dated promise on record yet, so delivery cannot be judged
  • Listed on fewer than two big exchanges (Kraken)
  • No named investor among its tags
  • Only 3 headlines named it last month

What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.

A gap is not a forecast. Most small coins never close it. The site never picks.

Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.

Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.

Does it deliver?

No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.

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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it

What is next, and when?

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How big is it next to its rivals?

#2of 95 Bittensor subnetsthe typical one is worth $4.9M
$94.38Mworth todayprice × coins out
$4.9Mthe typical rival is worthBittensor Subnets
$97.7Mthe leader is worthlium
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world

Ai services

18 coins we checked say they are for AI services, worth $5.52B together. #13 of 18 by worth.

Bittensor Subnets: this coin against its direct competitors

  • CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
  • Chutes$94.38Mthis coin−2.9%28% outnone dated
  • lium$97.7Mabout the same size−7.0%, gap −4.122% outno record
  • Targon$73.86M1.3× smaller, −$20.52M−4.3%, gap −1.427% outnone dated
  • Score$46.35M2.0× smaller, −$48.04M−0.9%, gap +2.126% outno record
  • affine$45.71M2.1× smaller, −$48.67M−4.7%, gap −1.719% outno record
  • τemplar$37.3M2.5× smaller, −$57.09M−4.7%, gap −1.726% outno record
  • EfficientFrontier$33.26M2.8× smaller, −$61.12M−9.2%, gap −6.226% outno record
  • Vanta Network$33.16M2.8× smaller, −$61.22M−3.3%, gap −0.425% outno record
Same job, different how

Bittensor Subnets: this coin next to lium, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.

Chutes says
Chutes says it lets developers run AI software using computing power spread across many independent providers.
lium says
.

Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.

What it is

Chutes says it lets developers run AI software using computing power spread across many independent providers.

Problem it says it solves: AI services. 37 coins we have checked say the same; together they are worth $24,708,545,527.

Where it trades: Kraken, Subnet Tokens, MEXC

Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.

Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.

What should make me careful?

1 reason to be careful

  • Half the supply still to come72% of the maximum supply is still to come
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Printed the same way as the reasons for: facts from the record, the tags and the market feed. Never a verdict, never the word sell.

The homework: the coin itself, the news, the record

The coin itself

$15.91price of one−2.9% today
85%below its highest ever$104 on 10 June 2025
28%of the supply is out5.93M coins
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The last 7 days

7 days ago: $18.83now: $15.91 (−14.3%)

Where today sits against its highest ever price

$15.91

Highest ever: $104.42 on 10 June 2025. Today is 15% of that.

28%

of all SN64 that will ever exist is already out in public hands: 5.93M coins.

72% (15.07M coins) is not yet created or held by the project. That is a majority. Those coins can be sold later, which can push the price down.

out held back. Each dot is 1%.

Its pages do not say what holding it gets you

That is worth knowing before buying. A coin nobody needs is priced on hope.

  • Nothing the project's own pages spell out.
$15.91price of one
×
5.93Mcoins out
=
$94.38Mworth today, #284 of all coins

That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.

Basics
  • 28%of the maximum supply is in circulation: 5.93M of 21M.
  • 15.07Mcoins still to be released, 72% of the maximum. Releases can add selling pressure.
  • 15%of its all-time high of $104.42 on 10 June 2025. That is −84.8% from the top.
  • #284by market cap, $94,382,289.
  • Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.

Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.

What the news says

3headlines, last monththat name this coin
0about governmentregulation, courts, central banks
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Headlines per day, last 30 days

3 headlines named this coin in the last month.

What they were about

  • Price1
In the news
What people are talking about, last month:

Headlines are the publishers' own. News is never placed next to price.

The record itself

Promises0from its own pages
Page copies389 pages watched
Confirmed0by outside news
Checkedmachinedraft until checked
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy

What it says it is

Chutes says it lets developers run AI software using computing power spread across many independent providers.

“Chutes is a decentralized AI inference infrastructure platform that enables developers to deploy and run AI applications across distributed GPU compute infrastructure.”
source · snapshot · captured 2026-09-11
Stage and age

Live. The record does not yet cite when this stage began.

Promises

No dated or committed promises have been recorded yet.

Others in ai networks: Internet Computer 20 of 23, Nockchain 20 of 30, Akash Network 10 of 20, Artificial Superintelligence Alliance 7 of 43, and 14 more.
Last activity

No public code repository is listed in this record.
The project's homepage page last changed on 14 September 2026.

Open flags

Nothing further to flag from the record as it stands.

Checked?

This record was drafted by a machine from captured pages and has not yet been checked by a person. Treat every line as unverified until that note changes.