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![0xPrismatic Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1299523632868110338.png) Teng Yan · XX days of COT [@0xPrismatic](/creator/twitter/0xPrismatic) on x 38K followers
Created: 2025-06-03 01:15:05 UTC

@cot_research 2/ One of the cleanest signals: the Sum of Alpha prices.

It’s the combined FDV of all subnet tokens, benchmarked against TAO’s market cap

Right now, that ratio is ~1.6, down from a high of XXX

The higher the number, the more speculative interest is flowing into subnets.

![](https://pbs.twimg.com/media/GsezjJSb0AkMV1g.png)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1929708384137412758/c:line.svg)

**Related Topics**
[market cap](/topic/market-cap)
[subnet tokens](/topic/subnet-tokens)
[signals](/topic/signals)
[yan](/topic/yan)

[Post Link](https://x.com/0xPrismatic/status/1929708384137412758)