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Targon

SN4 Rank #315
$15.77▲ 5.46%24h
Low $14.86High $16.00

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Market cap$91.73MRank #315
Fully diluted value$91.73M
Volume (24h)$273.2KVol / Mcap 0.30%
Circulating supply5.82M27.7% of max
Total supply5.82M
Max supply21.00M
All-time high$39.23Jun 10, 2025
All-time low$0.1079Apr 15, 2026

What is Targon?

Compute platform

Manifold Labs was founded in 2023 and is based in Austin, Texas. Targon recruits compute operators through incentives supplied by Bittensor. Customers manage workloads through an API, Python SDK and command-line tools. Its current platform supports short-lived sandboxes, virtual machines and dedicated physical servers. Sandboxes provide isolated environments for running software and interacting with a terminal.

Confidential workloads

Targon's confidential GPU virtual machines use Intel TDX and support direct SSH access. Its bare-metal product reserves a physical server for the workload rather than sharing that host as a virtual machine. Customers select resources according to CPU, GPU and memory requirements. The provider infrastructure connects miners and validators to the compute service. These application-level services operate above Bittensor's blockchain.

Subnet economics

Bittensor introduced subnet-specific alpha tokens with the Dynamic TAO upgrade in February 2025. Targon's alpha is associated with subnet number four. Its protocol-defined supply ceiling is 21 million units. Issuance declines through the subnet's halving schedule. Rewards are distributed among the subnet owner, miners, validators and their stakers. A subnet pool provides the exchange mechanism between TAO and Targon's alpha.

Where to trade SN4

1 exchanges · top 10

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#ExchangePairsVolume (24h)
1Subnet TokensExchangeSN4 / SN0$255.4KTrade ↗
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SN4 funding rates

Live perpetual funding on every connected exchange. Positive = longs pay shorts.

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Contracts & chains

Exact contract or mint per network — the identity layer used for DEX routing.

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On-chain routes

Networks with a connected DEX routing adapter.

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