All Subnets

lium.io

#51Compute

Peer-to-peer GPU marketplace with 500+ H100 GPUs at up to 90% cheaper than traditional cloud.

WebsiteGitHub

Price

$0.041674+1.93%

24h

7d Change

+3.26%

Market Cap

$55.04M

Emission

-

Miners

41

Validators

9

Competitor Mapping

lium.io

Decentralized

Market Cap

$55.04M

TAM

$7.30B

Model

Token-incentivized

Team

Decentralized miners

CoreWeave + Lambda Labs

Private

Market Cap

Private

TAM

$7.30B

Model

Revenue-driven

Team

Enterprise

Competes with CoreWeave ($35B valuation) and Lambda Labs. Decentralized supply means no capex, but SLAs are harder to guarantee.

Implied Valuation

If lium.io captures a share of CoreWeave + Lambda Labs's $7.30B TAM

Bear - 0.1% TAM

$7.30M

implied valuation

-86.74%

vs $55.04M current

Base case

Base - 1% TAM

$73.00M

implied valuation

+32.63%

vs $55.04M current

Bull - 5% TAM

$365.00M

implied valuation

+563.13%

vs $55.04M current

Scenarios illustrate potential scale relative to the traditional market. Actual outcomes depend on adoption, tokenomics, and competitive dynamics.

Thesis

Rental revenue exceeding TAO emission subsidies - critical milestone proving organic demand. 90% cost advantage and permissionless supply create a flywheel centralized providers can't match.

Team

Founded by Pierre 'Fish' of Datura AI. Also connected to Desearch (SN22) team. Fish has extensive experience in the Bittensor ecosystem and large-scale GPU deployments. Team operates under the Datura AI umbrella.

  • Pierre (Fish) - Founder - Bittensor ecosystem veteran, runs Datura AI which also operates SN22 Desearch
  • Giga - Co-founder (Datura AI) - Also involved in Desearch SN22
  • Sally - Team member (Datura AI)

Funding

No traditional VC funding disclosed. Funded through TAO emissions (6-7% of network).

Traction

Onboarded ~500 H100 GPUs within first month of launch. Top-emitting subnet (6-7% of TAO emissions). Became one of the most staked subnets by 2025. No KYC permissionless marketplace live and operational.

Recent News

  • 2026 - Rebranded from Celium to Lium
  • 2026 - Continued growth as one of top-emitting subnets on Bittensor
  • Late 2024 - Launched, onboarded ~500 H100 GPUs in first month

Risk

Enterprise customers require SLAs and guaranteed uptime that decentralized GPU pools struggle to deliver.