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Proprietary Trading Network (PTN)

Proprietary Trading Network (PTN) — a reference card for a crypto project: what the product does and how verifiable the project’s key claims are; also — alignment with the Decentralized AI thesis (DecAI Fit).

Proprietary Trading Network (PTN) — an AI/Other \| Infra project on Bittensor, the project has no token.

Disclaimer

Important: this page is a reference overview of the project. Within DecAIHub, we separately record a verification based on open sources within the AI thesis (what is real AI/onchain/why a token, and which sources this is based on).
This is not financial advice and not a recommendation to buy/sell/hold any asset. We do not assess price, returns, or entry/exit timing.
Conclusions are based on publicly available materials found as of the verification date. The absence of confirmation does not imply the absence of the technology.

TL;DR (for readers who are not into AI)

  • What it is: a network/competition (subnet) for participants who submit trading signals (LONG/SHORT/FLAT) across different markets.
  • Who it’s for: miners/traders/algorithm developers who want to take part in the competition and receive incentives under the network rules.
  • Why onchain/token: the onchain layer (Bittensor) is needed for accounting of weights/incentives and the network rules; the project has no separate token (TAO is used for the registration fee).

How it works (very briefly)

  1. The user does: a miner submits LONG/SHORT/FLAT signals for the supported trading pairs.
  2. The system does: evaluates behavior/portfolio metrics and assigns weights/incentives to the best participants under the network rules.
  3. The user gets: onchain accounting of results in the form of weight/incentive (per the Bittensor subnet mechanics).
  4. Where the blockchain is: onchain — weights/incentives/registration; offchain — building trading strategies/algorithms.
  5. Token role (if any): there is no separate PTN token; there is a minimum registration fee of 2.5 TAO (chain token).

Quick links: AI thesis fit

Project passport

Field Value
Project name Proprietary Trading Network (PTN)
Also known as (aliases) PTN, Vanta Network, Subnet 8
Logo (logo) ../assets/427_proprietary-trading-network_logo.svg
Token symbol (ticker) —
Category AI/Other | Infra
Primary chain (chain) Bittensor
Type Appchain
Network status mainnet
Consensus (consensus) PoS (Bittensor)
Launch date (launch_date) —
Project status (status) active
Token (standard) none
Token contract —
Token model (token_type) —
Max supply —
Issuance —
Tokenomics (tokenomics, brief) the project has no token; a registration fee of 2.5 TAO (chain token) applies
Governance —
Admins/keys —
Audit yes
Bug bounty —
Team (team) —
Funding (investors/funding) —
AI component (ai_component) deep learning / quant trading systems (participants)
Use‑case (use_case) trading signal competition in a Bittensor subnet
DecAI Fit — AI thesis fit 3/6 — medium alignment with the Decentralized AI thesis
DecAI Fit component summary 1 / 2 / 2 / 0
Last verified 2026-02-11

General project overview

PTN (Taoshi) describes itself as a “competitive network”, where miners submit trading signals across various markets (forex/crypto/equities), and the network assigns incentives/weights to the best participants under the specified rules (including drawdown limits, fees, etc.).

Features/modules

  • Rules for submitting LONG/SHORT/FLAT signals and limits on positions/leverage.
  • Metrics/scoring and penalties for evaluating miner behavior; incentives/weights in the network.

Typical scenarios

  • Scenario 1: a miner connects and submits signals for the supported pairs → the network accounts for the positions and the result under the rules.
  • Scenario 2: a participant optimizes a strategy (including deep learning/quant) → competes for a higher incentive/weight.
  • Scenario 3: an observer analyzes the subnet metrics (taostats) → tracks the state of the network.

Getting started (wallet/network)

  • What you need: access to Bittensor and a miner set up following the instructions/code (see Docs/GitHub).
  • Network/chain: Bittensor (subnet 8 / Vanta).
  • Fees: a minimum registration fee of 2.5 TAO on the mainnet subnet; the rules also specify a “spread fee” and a “carry fee”.

Architecture/tech (non‑AI)

  • Components: miner/validator code (GitHub), the network rules, the Bittensor subnet infrastructure.
  • Participant roles: miners (submit signals), validators (evaluate and assign weights).
  • Where logic runs: onchain — weights/incentives/registration; offchain — strategy computations and signal submission.
  • Dependencies: market data (the sources are not detailed per Tier‑1 sources).

Token/economics (expanded, no forecasts)

  • Token utility: the project has no separate token; the chain token TAO is used for the registration fee and onchain accounting of participation.
  • Protocol necessity drivers: miner registration requires a minimum fee of 2.5 TAO (mainnet subnet).
  • Who pays fees: miners/participants upon registration and (under the rules) when placing orders/holding positions (fees in the evaluation system).
  • Where fees go: — (not found per Tier‑1 sources).
  • Issuance/burn: — (not applicable to a project token; the project has no token).
  • Security/incentive mechanisms: incentives/weights; eliminations for plagiarism (as part of the rules).
  • Distribution and token issuance schedule: — (the project has no token).
  • Treasury: — (not found per Tier‑1 sources).

Governance

  • Who makes decisions: — (not found per Tier‑1 sources).
  • How protocol parameters change: changes are described in the roadmap/proposals and implemented via updates of the code/rules.
  • Where decisions are discussed/made: — (not found per Tier‑1 sources).
  • Keys/multisig: — (not found per Tier‑1 sources).

Security and incidents

  • Audits: a Hacken report is published (see links_*).
  • Bug bounty: — (not found per Tier‑1 sources).
  • Incidents: — (not found per Tier‑1 sources).
  • Threat model: risks of signal manipulation/plagiarism (eliminations are mentioned), risks of errors in evaluation/penalties, infrastructure risks.

Project status and timeline

  • Current status: mainnet (the subnet is operating; analytics are published on taostats).
  • Key releases/milestones: — (not found per Tier‑1 sources).
  • Roadmap: updates are published (for example, November 2024).

Ecosystem/integrations

  • Integrations: the Bittensor ecosystem; taostats as the explorer/analytics.
  • Partners: — (not found per Tier‑1 sources).
  • Where it’s actually used: competition/incentive mechanics for miners who submit trading signals.

AI component of the project

  • What is real AI here? The network rules explicitly mention “deep learning / quant based trading systems” as a class of participants that can compete in the network.
  • What is truly onchain? A subnet on Bittensor: weights/incentives and registration are accounted for onchain (per the description of the rules and the weights/incentive mechanics).
  • Why is a token needed? The project has no separate token; there is a registration fee of 2.5 TAO (chain token).
  • Red flags (based on the information found): “AI intent” is not equal to proof of AI modules in the protocol; the risk of optimizing for the scoring; risks of signal plagiarism (eliminations are mentioned in the rules).

DecAI Fit component summary

  • DecAI Fit: 3/6 — medium alignment with the Decentralized AI thesis
Component Level Score
AI reality low 1
Onchain necessity medium 2
Token necessity no token 2
Evidence Tier‑1 present 0
Details

AI reality

AI_0 — AI intent (Tier‑1 roadmap) (1/0)

  • AI_0 (decision): 1
  • Claim (one line): The network rules state that “deep learning / quant based trading systems” can compete.
  • Evidence: Tier‑1 — https://docs.taoshi.io/ptn/overview/
  • Why sufficient / why not (one line): This is a Tier‑1 statement of intent/participant class, but not proof of a built‑in AI module.
  • Conflict note (if any): —

AI_1 — what the AI does (1/0)

  • AI_1 (decision): 0
  • Claim (one line): The protocol/network rules do not describe a specific built‑in AI feature; AI may be “inside” the miners’ strategies.
  • Evidence: Tier‑1 — https://docs.taoshi.io/ptn/overview/
  • Why sufficient / why not (one line): A class of deep learning systems is mentioned, but without a description of “what exactly the AI does” at the protocol level.
  • Conflict note (if any): —

AI_2 — demos/examples (1/0)

  • AI_2 (decision): 0
  • Claim (one line): No public demo/guide showing the AI part as a reproducible artifact was found per Tier‑1 sources.
  • Evidence: Tier‑1 — https://docs.taoshi.io/ptn/overview/
  • Why sufficient / why not (one line): The documentation describes the network rules, but does not provide a demo of the AI component.
  • Conflict note (if any): —

AI_3 — metrics/quality (1/0)

  • AI_3 (decision): 0
  • Metrics: —
  • Context (version/date/how measured): —
  • Evidence: Tier‑1 — https://docs.taoshi.io/ptn/overview/
  • Why sufficient / why not (one line): Per Tier‑1 sources, there are no quality metrics of AI models (there are competition/scoring metrics).
  • Conflict note (if any): —

AI_4 — tech description/architecture/versions (1/0)

  • AI_4 (decision): 0
  • Claim (one line): A tech description of AI models/versions is absent; the network rules and the scoring/penalty parameters are described.
  • Evidence: Tier‑1 — https://docs.taoshi.io/ptn/overview/
  • Why sufficient / why not (one line): The technical details relate to the network/rules, not to AI models.
  • Conflict note (if any): —

Onchain necessity

OC_1 — contracts/addresses/chain (1/0)

  • OC_1 (decision): 1
  • Chain: Bittensor
  • Addresses/identifiers: subnet 8 (Vanta) on taostats
  • Evidence: Tier‑1 — https://taostats.io/subnets/8/chart
  • Why sufficient / why not (one line): There is a public onchain identifier of the subnet in the Bittensor explorer/analytics.
  • Conflict note (if any): —

OC_2 — onchain beyond just a token (1/0)

  • OC_2 (decision): 1
  • What useful logic is onchain: onchain accounting of weights/incentive and registration of subnet participants.
  • Evidence: Tier‑1 — https://docs.taoshi.io/ptn/overview/ , https://taostats.io/subnets/8/chart
  • Why sufficient / why not (one line): The rules describe that weights/incentive are assigned based on portfolio metrics; taostats confirms the existence of the subnet.
  • Conflict note (if any): —

OC_3 — onchain is critical (1/0)

  • OC_3 (decision): 0
  • “Replace the blockchain” test: no Tier‑1 justification of onchain criticality per the SSOT test was found per Tier‑1 sources.
  • Evidence: Tier‑1 — https://docs.taoshi.io/ptn/overview/
  • Why sufficient / why not (one line): Onchain elements are described, but “what breaks down without the blockchain” is not formalized.
  • Conflict note (if any): —

Token necessity

TK_0 — no token (1/0)

  • TK_0 (decision): 1
  • Claim (one line): The project has no separate token; the rules mention a registration fee in TAO (chain token).
  • Evidence: Tier‑1 — https://docs.taoshi.io/ptn/overview/
  • Why sufficient / why not (one line): The mention of TAO as a fee is not a “project token”, and the project has no ticker/contract of its own in the documentation.
  • Conflict note (if any): —

TK_1..TK_4 (1/0)

TK_1 — payment for the service (1/0)

  • TK_1 (decision): 0
  • Claim (one line): Not applicable: the project has no token.
  • Evidence: Tier‑1 — https://docs.taoshi.io/ptn/overview/
  • Why sufficient / why not (one line): Payment/utility in terms of a project token is absent.
  • Conflict note (if any): —

TK_2 — incentives/collateral/penalties (1/0)

  • TK_2 (decision): 0
  • Claim (one line): Not applicable: the project has no token.
  • Evidence: Tier‑1 — https://docs.taoshi.io/ptn/overview/
  • Why sufficient / why not (one line): Incentives are described as network weights/incentive, not as the project’s token mechanics.
  • Conflict note (if any): —

TK_3 — governance (1/0)

  • TK_3 (decision): 0
  • Claim (one line): Not applicable: the project has no token.
  • Evidence: Tier‑1 — https://docs.taoshi.io/roadmaps/november2024/
  • Why sufficient / why not (one line): Governance via a project token is not described.
  • Conflict note (if any): —

TK_4 — token is replaceable (1/0)

  • TK_4 (decision): 0
  • Claim (one line): Not applicable: the project has no token.
  • Evidence: Tier‑1 — https://docs.taoshi.io/ptn/overview/
  • Why sufficient / why not (one line): TK_4 relates to the “replaceability” of a project token.
  • Conflict note (if any): —

Evidence (table)

Tier Source What it proves
Tier‑1 https://docs.taoshi.io/ptn/overview/ Tier‑1: the PTN rules, fees/limits, the 2.5 TAO registration fee, weights/incentive, the mention of deep learning/quant systems.
Tier‑1 https://taostats.io/subnets/8/chart Tier‑1: the identifier of subnet 8 (Vanta) in the Bittensor ecosystem (explorer/analytics).
Tier‑1 https://github.com/taoshidev/proprietary-trading-network Tier‑1: the PTN code repository (implementation artifact).
Tier‑1 https://hacken.io/audits/taoshi/dapp-taoshi-sdk-ptn-aug2025/ Tier‑1: an audit (Hacken) of the Taoshi SDK / PTN is published.
Tier‑1 https://docs.taoshi.io/roadmaps/november2024/ Tier‑1: an update of the roadmap/scoring changes.
Tier‑1 — No Tier‑1 source for claim “there is an app/demo showing the AI component as a product artifact” was found per Tier‑1 sources.
Tier‑2 https://www.coingecko.com/en/coins/proprietary-trading-network Tier‑2 profile/metadata (context).
Tier‑2 https://coinmarketcap.com/currencies/proprietary-trading-network/ Tier‑2 profile/metadata (context).

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