RedTeam
SN61
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
SN61 (RedTeam) is an offensive security testing subnet on the Bittensor network. Active Development is rated positively (6.5/10) with documented recent releases (v4.5.8 on 2026-05-03), though contributor visibility is limited. Tokenomics (4.5/10) reflect a 21 million max supply with roughly 24% circulating, dynamic emissions, and around a 15% burn rate, but suffer from inconsistent FDV metrics and no verifiable vesting schedule. Market and Use Case (4.5/10) benefits from a large target sector in automated red-teaming, yet faces heavy competition and a small market cap of approximately $4.81M with modest trading volumes. Significant data gaps exist: Community Support, Team and Governance, and Security and Audit History all scored -1.0 due to a lack of token-specific retrieved records, which prevents independent verification of audits, governance structures, or social engagement. No qualifying red-flag events or fraudulent activities were affirmatively identified. The overall score represents the proportionally redistributed weighted average across the three evaluable sections.
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 RedTeam (SN61)
RedTeam (SN61) is a decentralized application operating as Subnet 61 on the Bittensor network. The project is focused on automated offensive security testing, designed to perform automated red teaming operations within the network's ecosystem. Its development includes continuous updates, such as the tagged v4.5.8 software release, focused on component version management and system maintenance.
The tokenomics of SN61 feature a maximum supply of 21 million tokens, with approximately 5 million tokens (roughly 24%) in active circulation. The economic model utilizes dynamic emissions and incorporates a token burn rate ranging between 14.81% and 15.03%. The project does not operate a token buyback mechanism.
The project faces several risks and transparency limitations. There is an absence of verifiable public documentation regarding the team identity, governance frameworks, vesting schedules, and formal security audits. Additionally, SN61 maintains a relatively low market capitalization of approximately $4.81 million with inconsistent trading volume, alongside competition from established commercial cybersecurity providers and other subnets across the Bittensor ecosystem.