Total revenue
$161,816.31
Generated in fees
Subnet Revenue
Fees in, alpha out
The Almanac terminal charges a 1% fee on winning trades and uses that revenue to buyback SN41 α. Monthly totals are from the public accumulation wallets.
SN41 buybacks
$161,816.31
663.93 τ · 110,766.4 α
Burns
98,203.4 α
Removed from supply
Buyback ratio
100.0%
of recorded revenue
Monthly revenue vs buybacks + burns
Monthly audit
| Revenue month | Burn date | Revenue | Buybacks | α bought | Burns | Wallet |
|---|---|---|---|---|---|---|
| Sep 2026 | 7 Oct 2026 | $44,915.00 | $44,915.00 · 148 τ | 19,450 α | 19,450 α | 5Gbrdj…kb1E |
| Sep 2026 | 16 Sep 2026 | $24,771.00 | $24,771.00 · 114.99 τ | 22,284.5 α | 22,284.5 α | 5Gbrdj…kb1E |
| Aug 2026 | 8 Sep 2026 | $15,918.01 | $15,918.01 · 59.41 τ | 12,562.9 α | — | 5EyNX6…eQs2 |
| Jul 2026 | Aug 2026 | $15,276.73 | $15,276.73 · 79.84 τ | 15,670.8 α | 15,670.8 α | 5Gbrdj…kb1E |
| Jun 2026 | Jul 2026 | $23,001.04 | $23,001.04 · 112.13 τ | 16,372.4 α | 16,372.4 α | 5Gbrdj…kb1E |
| May 2026 | Jun 2026 | $5,748.83 | $5,748.83 · 25.47 τ | 3,797.2 α | 3,797.2 α | 5Gbrdj…kb1E |
| Apr 2026 | May 2026 | $16,618.20 | $16,618.20 · 58.52 τ | 9,948.8 α | 9,948.8 α | 5Gbrdj…kb1E |
| Mar 2026 | Apr 2026 | $5,873.41 | $5,873.41 · 22.01 τ | 3,994.1 α | 3,994.1 α | 5Gbrdj…kb1E |
| Feb 2026 | Mar 2026 | $8,204.40 | $8,204.40 · 35.14 τ | 5,568.4 α | 5,568.4 α | 5Gbrdj…kb1E |
| Jan 2026 | Feb 2026 | $1,489.69 | $1,489.69 · 8.43 τ | 1,117.4 α | 1,117.4 α | 5Gbrdj…kb1E |
| Total | $161,816.31 | $161,816.31 · 663.93 τ | 110,766.4 α | 98,203.4 α |
Accumulation wallet5GbrdjysexrMSDfEhMocgEPmpYUajd4GHRjhw2ubWDtLkb1E
Current buyback wallet5EyNX631F6uVCyQJF9dfWkniCuHz5fb96bDcDcF4rM6geQs2
The chart groups buybacks by the month the fees were earned. A burn usually settles the prior month. The 16 Sep burn is the exception: it was the first half of September, burned in the same month. The table lists each burn date separately. Earlier months were dripped throughout, so they stay as one row. Last compiled 2026-10-07. Revenue currently tracks buyback USD because there is no separate fee feed yet. The 8 Sep clip is still held on the current wallet. The 16 Sep and 7 Oct clips were burned.
Miner Emissions Coverage
How much of miner emissions we cover
SN41’s miner emission slot is offset two ways: the incentive mechanism burns unused capacity, and terminal fees buy α on the open market and burn it. Coverage is both, divided by miner emissions over the same days.
Sep 2026
of miner emissions · 1–30 Sep 2026
53.7%
100%
Total cumulative
79.1%
Emissions burns + buybacks · 1 Jan – 7 Oct 2026
Buyback cumulative
13.4%
of miner emissions
Emissions burn cumulative
65.7%
Incentive mechanism burns
Coverage by month
The miner slot is about 2,951.9 α per day. The incentive mechanism burns unused miner capacity, and that share falls when market volume fills the miner work. Buyback coverage counts α bought with that month’s fees. Accumulation-wallet α later left supply. The 8 Sep clip is still held on the current wallet and counts here too. Latest burn Oct 7: 19,450 α · block 9,231,800 · 9231800-0012 ↗