SolMev
SN116
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
SolMev (SN116), a subnet token within the Bittensor ecosystem, suffers from severe data deficiencies across multiple evaluation areas. Four of the six sections—Active Development, Community Support, Team and Governance, and Security and Audit History—scored -1.0 due to a lack of token-specific data, public repository tracking, verified team identities, and audit records. Among the evaluable areas, Tokenomics scored 3.0/10 due to complete opacity regarding total supply, circulating supply, allocation breakdowns, and vesting schedules, despite a noted dynamic burn mechanism of approximately 5%. Market and Use Case scored 2.5/10, reflecting a minimal market presence with a market capitalization of approximately $907,937 and 24-hour trading volume of around $45,419. With significant information asymmetry, absence of security verification, and thin liquidity, the project carries extreme downside risk.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About SolMev (SN116)
SolMev (SN116) is a token associated with subnet 116 within the Bittensor network. The project operates as part of the broader Bittensor ecosystem, where individual subnets function under specific network allocations and incentives. Publicly available tracking indicates that the token is actively traded on decentralized tracking platforms, though verified documentation detailing its specific functional architecture and product scope remains limited.
In terms of token mechanics, SolMev incorporates a dynamic token burn mechanism of approximately 5%. However, comprehensive data regarding its broader tokenomics—including total supply, circulating supply, allocation schedules, unlock timelines, and precise token utility—is largely unpopulated in available tracking records. As of July 2026, the token maintains a relatively small market footprint, characterized by a market capitalization of approximately $907,937 and a 24-hour trading volume near $45,419.
SolMev faces significant information opacity across several operational dimensions. There is an absence of verifiable data regarding the core team, founder identities, and governance processes, as well as a lack of public repository tracking for ongoing development. Furthermore, no third-party security audits or verified smart contract evaluations have been documented for the subnet codebase, representing elevated operational and liquidity risks.