Chutes has officially crossed a historic milestone, surpassing $1 million in combined revenue over the past 90 days. This marks a major moment in the growth of open compute infrastructure.
With verified payment records showing $1,029,832.44 as of November 5, the milestone highlights how fast Chutes is scaling in a world shifting toward decentralized infrastructure.
Built on the Bittensor network, Chutes operates as an open, serverless compute platform designed to make high-performance workloads accessible to anyone. Unlike centralized providers such as AWS, which can take up to 85% of total AI development costs, Chutes uses a global network of miners who process user prompts in exchange for Bittensor’s $TAO token.
This model delivers up to 20x lower costs while removing single points of failure, providing resilient and scalable inference for open models and enterprise systems alike.
The Road to Revenue
Chutes’ rise has been rapid. The platform now processes trillions of tokens each month, powering developer APIs, startups, and enterprise apps.
By August 2025, it reached over 30,000 paying users and half a million total participants, handling 4.3 trillion tokens monthly and becoming the largest open provider on OpenRouter.
October accelerated this growth further, with the platform surpassing 21 trillion cumulative tokens and averaging over 100 billion tokens per day—a 250x jump from earlier levels.
This performance positions Chutes ahead of billion-dollar incumbents such as DeepInfra, Bedrock, and Fireworks in open inference, even before launching full Trusted Execution Environment (TEE) security—a feature set to unlock even more institutional use.
Daily earnings now exceed $10,000, representing 7–9% of Bittensor’s total emissions and demonstrating real network utility.
Recent integrations have included DeepSeek-R1 models and free API access to advanced systems such as Kimi-1.5, attracting developers from across the globe.
Key Milestones
| Date | Achievement |
|---|---|
| Early 2025 | Launch as Subnet 64 on Bittensor |
| August 2025 | 30,000 paying customers, 4.3T tokens/month |
| October 2025 | Tops OpenRouter with 100B tokens/day |
| October 2025 | 21T cumulative tokens processed |
| November 2025 | $1,022,186.12 revenue confirmed; daily >$10K |
Why It Matters
Centralized compute giants dominate the $87 billion infrastructure market, but high costs and closed systems block access for smaller creators and innovators.
Chutes flips that model. Miners contribute GPU power for $TAO rewards, users access affordable and censorship-resistant compute, and the network self-adjusts through Bittensor’s emission cycle.
A recent Harris Poll found that 75% of respondents view decentralized systems as a better engine for innovation than traditional platforms—a sentiment reflected in Chutes’ growth.
For the wider Bittensor ecosystem, this milestone reinforces the case for long-term demand. Subnets like Chutes are not speculative experiments—they are profitable infrastructure. Analysts already project the decentralized inference market to reach $255 billion by 2030.
What’s Next
Chutes’ roadmap includes stronger TEE protection, support for 60+ model types, and deeper integrations with OpenRouter and emerging Bittensor subnets.
The platform is expanding rapidly, proving that global, distributed compute can compete with the biggest centralized players—while remaining transparent, cost-efficient, and community-driven.
As the team describes it: this is compute today, not tomorrow.
The $1 million mark is more than a revenue milestone—it’s validation that open infrastructure can outperform traditional systems in scale, cost, and innovation.
For developers, miners, and users worldwide, the chute is open. The next frontier of computation has already begun.
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