Convert between SN64 and US dollars at the live rate.
$104.42
−84.78% from current
$0.344143
+4517.27% from current
Independent editorial ranking. Score is 0–10 across six criteria: Security, Fees, UX, Features, Support, Reputation.
US and EU users who prioritise a spotless security record — no major hack since 2011 — and want a serious pro-grade trading terminal.
Institutions and funds requiring an SEC-registered venue with segregated qualified custody and audited on-chain reserves.
Active spot traders chasing the deepest global liquidity and the widest listing catalogue outside the US perimeter.
Traders who mix spot and on-chain — the Web3 wallet, DEX aggregator and Ethereum L2 X Layer sit inside the same account as CEX pairs.
Long-horizon EU holders who want the oldest continuously-operating exchange (2011) with conservative listings and full MiCA licensing.
Derivatives-first traders who want tighter perp funding and a maker-friendly fee schedule; accept offshore regulatory footprint.
Top coins in the same category, ordered by market cap.
Chutes is Bittensor Subnet 64, a decentralized serverless inference platform that lets developers run AI models via API without managing GPU infrastructure. The native token is SN64. Built directly into the Bittensor network, Chutes miners compete to serve inference requests fastest and cheapest, with validator scoring determining which miners earn TAO emissions. For developers, the interface looks like a standard API endpoint; the Bittensor incentive layer handles routing and payment under the hood.
The project targets the gap between large-scale centralized inference providers like Together AI or Fireworks AI and the self-hosted end of the market. The pitch: open-source models served on decentralized hardware with no rate limits, no enterprise contracts, and no single point of failure. Pricing is denominated in SN64 tokens or via stablecoin bridges, and developers pay only for actual inference calls rather than reserved capacity.
SN64 trades as a subnet token within the Bittensor ecosystem. Its price is influenced both by project-specific factors and by the broader TAO/Bittensor market because subnet token valuations are partly anchored to the TAO that flows through the system as emissions. Live data refreshes every 60 seconds on this page.
What moves SN64 on any given day:
The analysis below uses data at page load.
Bittensor is a blockchain designed to coordinate machine learning. It is organized into subnets, each of which defines a specific task—image generation, text completion, financial prediction, inference serving. Miners on each subnet compete to do the task best. Validators score their work and submit weights to the Bittensor root network. Emission of TAO tokens flows to miners and validators based on those weights.
Each subnet has its own subnet token in addition to TAO exposure. Subnet tokens capture value specific to that subnet's activity. SN64 is the Chutes subnet token: it is earned by miners who serve inference requests that pass validator quality checks, and it is spent by API consumers who pay for inference.
The architecture means that as more developers route inference through Chutes, demand for SN64 rises, miners earn more, and the best inference providers attract more stake from validators—a self-reinforcing loop if it works as designed.
Chutes supports a catalog of open-source models: Llama family, Mistral family, Qwen, Phi, and specialized vision/code models. Developers access them via a REST API with near-standard OpenAI-compatible endpoints, which means any application written for the OpenAI API can switch to Chutes with minimal code changes.
Primary use cases the platform targets:
SN64 emission follows Bittensor's standard subnet tokenomics. New tokens are minted per epoch and distributed to miners (inference providers) and validators (quality scorers) based on performance weights. Total supply and emission schedule are set at subnet registration and are adjustable through Bittensor governance.
Miner economics on Chutes work as follows:
For a broader view of AI compute tokens, see Bittensor price page and our exchange ratings for venues that list SN64.
For longer-range scenarios tied to Bittensor subnet growth, see the Chutes price forecast.
SN64 is a niche subnet token with specific risks layered on top of general crypto risk.
This page is information only, not financial advice. Consult a licensed professional before investing.
Analysis last updated:
Chutes (SN64) trades at $15.89 with a 24-hour volume of $1.39M and a market capitalization of $87.3M. The asset is currently ranked #291 among all tracked cryptocurrencies.
In the last 24 hours, the SN64 price has fallen +1.38%. On a seven-day window, Chutes has climbed +10.62%, showing mixed signals between the short and medium term. Short-term moves are often amplified by liquidity, news flow, and derivatives positioning, so confirm signals across multiple indicators before acting.
Chutes's all-time high of $104.42 was set on June 10, 2025. The current price sits +84.78% below that peak. Distance from the all-time high is a common reference point when evaluating long recoveries and macro support or resistance.
Buying Chutes (SN64) is a five-step routine once you have picked the right venue and pair. The steps below mirror what most investors do today.
You can also use the Chutes converter above to estimate how much SN64 you would get for a given dollar amount before placing the order.
Whether Chutes is a good investment depends on your goals, time horizon, and tolerance for volatility. Like all cryptocurrencies, SN64 carries real market risk: prices can rise or fall sharply in a day, and past performance is not a reliable indicator of future returns.
This page provides data and analysis for educational purposes only. It is not financial advice. Always do your own research, diversify, and never invest more than you can afford to lose.
