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    Chunking

    SN40

    Evaluation Score

    Overall rating on a scale of 0-10

    RiskReturn
    01.310
    Risk Level:
    Very High
    Recommendation:Avoid
    Evaluated:August 28, 2026 (v14)

    Dimension Breakdown

    Development ActivityN/A
    Community HealthN/A
    TokenomicsN/A
    Market & Use Case1.5
    Team & Governance1.5
    Security & Audits1.0

    AI Analysis

    Comprehensive evaluation of the token

    SN40 (Chunking) is a defunct Bittensor subnet alpha token (netuid 40) developed by VectorChat for semantic chunking in RAG pipelines. The subnet was deregistered after approximately six to eight months due to economic constraints, and its netuid 40 slot has since been reassigned to another project. Three sections (Active Development, Community Support, and Tokenomics) returned scores of -1.0 due to the project's defunct and abandoned state, requiring their weights to be redistributed across the remaining sections. Across the evaluated criteria, SN40 demonstrates severe deficiencies: Market and Use Case (1.5/10) reflects the total loss of subnet functionality and minimal remaining liquidity ($25k daily volume); Team and Governance (1.5/10) is constrained by a pseudonymous team that ceased maintenance and centralized subnet owner keys; and Security and Audit History (1.0/10) is impaired by an unrecovered ~88% drawdown from its peak, zero independent security audits, and complete abandonment. Because the token is officially deprecated and deregistered, the recommendation is strictly to avoid.

    Development Activity

    Code updates and developer engagement

    Insufficient Data

    Community Support

    Social media presence and community engagement

    Insufficient Data

    Tokenomics

    Supply, distribution, and utility

    Insufficient Data

    Market & Use Case

    Value proposition and competitive landscape

    RiskReturn
    01.510

    Team & Governance

    Team background and project governance

    RiskReturn
    01.510

    Security & Audits

    Security history and audit status

    RiskReturn
    01.010

    About Chunking (SN40)

    Chunking (SN40) is a deprecated Bittensor subnet alpha token that was deregistered from netuid 40 due to economic constraints after operating for approximately six to eight months. Developed by the pseudonymous team VectorChat, the project was designed to operate as a subnet on the Bittensor network focused on semantic chunking and data preprocessing for retrieval-augmented generation (RAG) pipelines. Following its deregistration, official repositories and developer profiles ceased active maintenance, and the netuid 40 slot on Bittensor was reassigned to a different project.

    Historically, the token operated with a maximum supply of 21,000,000 tokens, distributing block emissions with 41% to miners, 41% to validators, and 18% allocated to the subnet owner. Utility was driven by automated market maker trading against TAO under Bittensor's consensus mechanisms and participant incentives for chunking tasks. Because the subnet is no longer active, all emissions and protocol operations have ceased.

    SN40 experienced significant market and operational challenges, including an unrecovered price crash of approximately 88% from a peak near $10.00 down to the $1.16–$1.21 range, leaving the asset with low liquidity. The project operated without independent external security audits and maintained centralized control under the subnet owner key. In July 2024, the underlying Bittensor network underwent a temporary safety pause following a PyPI supply chain security incident, though this was a network-level event rather than a direct exploit of the Chunking subnet.

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