Vanta
SN8A decentralised trading engine for prop firms, enabling trades without trusting a middleman
The Proprietary Trading Network. Miners submit live trading signals for Forex and crypto markets. Validators track portfolio performance with strict risk management: 10% maximum drawdown, carry fees, spread fees, and slippage penalties. The best traders earn millions. The worst get eliminated.
// A prop firm built by competition.
Vanta (PTN) is a decentralized proprietary trading firm built on Bittensor by Taoshi. Miners are traders: they submit LONG, SHORT, or FLAT signals for Forex and crypto pairs. Validators track every trade's performance and eliminate miners who exceed drawdown limits. Top performers receive monthly payouts.
The simple version: Imagine a trading competition where anyone in the world can submit their best trade ideas. Every trade is tracked automatically. If you lose more than 10% of your portfolio, you're eliminated. If you're one of the best traders, you earn monthly payouts. Vanta runs this competition continuously, 24/7.
Centralized equivalent: Think FTMO, The5ers, or TopStep (prop trading firms that evaluate and fund traders), but fully decentralized with transparent scoring and on-chain performance tracking.
How it works:
- Miners submit LONG, SHORT, or FLAT signals for Forex and crypto pairs during market hours. They compete on risk-adjusted returns. The 10% maximum drawdown limit is enforced automatically: exceed it and you're eliminated.
- Validators receive signals, validate them, and track portfolio performance. They apply penalties for carry fees, spread fees, and slippage. Monthly performance determines weights, with payouts targeting completion by day 25.
- The problem it solves: Access to advanced trading strategies is concentrated among elite institutions. Individual traders can't access the signal quality that hedge funds take for granted.
- The opportunity: Proprietary trading generates billions annually. Decentralizing signal generation through competition could surface traders that institutions would never discover.
- The Bittensor advantage: The elimination mechanism (10% max drawdown) is ruthless and transparent. No centralized prop firm offers this level of accountability. Plagiarism detection prevents signal copying. The debt-based scoring system means traders must consistently perform, not just get lucky once.
- Traction signals: 1,103 commits across 17 contributors with 4-7 commits per week. Founded by Arrash Yasavolian. 49 active miners. 4,250 holders. Recent Hyperliquid data source integration. Dev activity score: 6.9/10. Glitch Financial integration planned.
Category: Financial Forecasting and Trading Signals | Centralized Competitor: FTMO, TopStep, The5ers, Darwinex, eToro CopyTrading
Vanta is one of the most commercially clear subnets in Bittensor. Prop trading firms are a proven business model: evaluate traders on risk-adjusted performance, fund the best ones, split the profits. Vanta decentralizes this model.
Mechanism:
The risk management framework is the key differentiator. The 10% maximum drawdown limit eliminates reckless traders. Carry fees, spread fees, and slippage penalties ensure miners account for real-world trading costs. The debt-based scoring system tracks cumulative performance, emissions, and penalties, creating long-term accountability.
Monthly payout cycles target completion by day 25, creating a predictable rhythm. Plagiarism detection prevents signal copying, ensuring each miner is generating original alpha.
The recent addition of a Hyperliquid data source expands the asset coverage beyond traditional Forex and crypto pairs into on-chain perpetuals.
The codebase has 1,103 commits across 17 contributors with steady 4-7 commits per week. The Taoshi team (founded by Arrash Yasavolian) is well-known in Bittensor.
Market metrics are strong. At 158,204 TAO market cap with 4,250 holders, Vanta is one of the larger subnets. However, Gini of 0.756 indicates concentrated ownership. The 90-day decline of -24% and 30-day decline of -16% suggest the market is repricing after earlier hype.
- Declining price: -24% 90-day, -16% 30-day. The market is cooling despite active development.
- Concentrated holdings: Gini of 0.756 indicates significant whale presence.
- Trading alpha decay: Trading signals degrade over time as markets adapt. The subnet must continuously produce fresh alpha.
- Regulatory risk: Automated trading signal distribution may attract regulatory scrutiny depending on jurisdiction.
