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Lium, the decentralized GPU rental marketplace on Bittensor Subnet 51, said it billed $964,000 last month across 1,187 renters, a 36% month-over-month increase.
The next day, the project overtook Chutes (notably just named a new CEO) for the top subnet position by market capitalization following the burning of $1 million worth of its alpha token using product revenue.
The asset's value has since increaed 10%.
Lium's update also included 1,908 new signups, 7,697 rentals, and roughly 80% month-over-month user retention. The team said 63% of rentals were started by software or agents, while the median rental lasted 1.15 hours.
Lium now draws capacity from 68 datacenters in 21 countries.
Earlier this month, Lium announced it had successfully ran Qwen3.6 35B at 14,499 output tokens per second on a rented NVIDIA B200 topping the model's LocalMaxxing board.
The team put the implied cost at $0.107 per million output tokens, compared with $0.90 on the cheapest OpenRouter FP8 route it cited.
Tristan Hillerich
