What is Chutes (SN64) Crypto Coin? A Clear Guide to the AI-Powered DePIN Project
Feb, 4 2026
Chutes (SN64), often referred to as chutes crypto, is a cryptocurrency project that operates as a serverless, open-source compute provider specifically designed for artificial intelligence applications. Unlike traditional cryptocurrencies that focus solely on transactions or value storage, Chutes combines blockchain technology with real-world AI infrastructure. This project aims to solve a growing problem: how to efficiently scale AI models without relying on expensive centralized cloud services. Think of it as a decentralized cloud for AI workloads, where users can rent computing power directly from a network of providers. This approach could lower costs and increase accessibility for developers working with AI.
What is Chutes (SN64)?
Chutes (SN64) isn't just another digital currency. It's a project built on the idea that AI computing power should be decentralized. Most AI development today relies on companies like AWS or Google Cloud, which can be costly and centralized. Chutes steps in as a decentralized alternative. The project uses blockchain to create a network where anyone can offer their unused computing resources for AI tasks. In return, they earn SN64 tokens. This creates a peer-to-peer marketplace for AI compute, cutting out middlemen and reducing costs.
The "SN64" ticker symbol is how the cryptocurrency is traded on exchanges. But the real value isn't in trading-it's in the infrastructure. Chutes positions itself within the Decentralized Physical Infrastructure Network (DePIN) space. DePIN projects use blockchain to decentralize physical assets like storage, bandwidth, or computing power. Chutes specifically targets AI inference, which is the process of using trained AI models to make predictions. For example, when you use an AI chatbot, that's inference. Chutes aims to make this process faster and cheaper through its network.
How Chutes Works as an AI Compute Platform
At its core, Chutes is serverless. That means developers don't have to manage servers or infrastructure. They simply submit AI tasks, and the network handles the rest. This is similar to how cloud services like AWS Lambda work, but decentralized. When a developer needs to run an AI model, Chutes' network finds available computing resources from participants and allocates them. The system automatically scales based on demand-no manual configuration needed.
One of Chutes' standout features is its focus on open-source AI models. Unlike proprietary models from big tech companies, Chutes supports community-driven AI like Llama or Stable Diffusion. This aligns with the project's open-source ethos. The platform handles everything from model loading to execution, allowing developers to focus on building applications rather than infrastructure. For example, a startup could use Chutes to run a customer support chatbot without worrying about server costs or maintenance.
The "Chutes Long Jobs" feature, announced recently, is designed for tasks that take hours or days to complete. Traditional cloud services often charge based on time, but Chutes' serverless model could offer more flexible pricing for these long-running workloads. This could be a game-changer for researchers running complex simulations or training large models.
Current Market Status and Price Volatility
As of early 2026, Chutes (SN64) is experiencing extreme price volatility. Different tracking platforms show conflicting numbers, which is common for emerging cryptocurrencies. CoinMarketCap reports a price of $27.56 USD with a 24-hour trading volume of $630,100, a 193% increase in volume. Meanwhile, 3commas.io lists it at $27.33 (down 2.74% in 24 hours), while DePIN Scan shows approximately $50.75. These discrepancies often stem from differences in exchange listings or data synchronization issues.
The coin's all-time high was $76.12 on July 16, 2025, but it hit a recent low of $25.80 on September 30, 2025. This sharp drop in just a few days highlights the project's instability. Market capitalization is around $75.77 million, though some sources report circulating supply as zero-a red flag for potential data inaccuracies. This inconsistency makes it hard for investors to gauge the coin's true value.
Technical analysis adds another layer of complexity. BeInCrypto's one-week MACD indicator shows a bearish trend, with the MACD signal line below the baseline. This suggests short-term downward pressure, even as long-term price forecasts remain optimistic. Such conflicting signals are typical for new projects where market sentiment swings wildly based on news or speculation.
Key Features and Use Cases
Chutes' main selling point is its focus on AI inference. Unlike general-purpose blockchains, it's built specifically for AI workloads. This specialization means it can optimize for tasks like running large language models or image generation. For example, a healthcare startup could use Chutes to analyze medical scans quickly without investing in expensive hardware.
The serverless architecture is crucial here. Developers don't need to worry about provisioning servers or managing infrastructure. They just submit a task, and the network handles the rest. This reduces barriers for small teams or individuals who want to use AI but lack technical expertise in cloud management.
Another feature is the integration with open-source AI models. Chutes supports projects like Llama 3, Mistral, and Stable Diffusion. This aligns with the growing demand for transparent, community-driven AI. Users can run these models on Chutes' network without licensing fees, which is a big advantage over proprietary alternatives.
"Chutes Long Jobs" is designed for extended tasks. Running a complex simulation or training a large model can take days. Chutes' system is optimized for these scenarios, offering flexible pricing that scales with the task's duration. This could make it a go-to solution for researchers and enterprises needing reliable, long-term compute resources.
Risks and Considerations for Investors
Investing in Chutes (SN64) comes with significant risks. The price volatility is extreme-shifting from $25 to $76 in a few months. This makes it a high-risk asset, suitable only for those comfortable with potential losses. The lack of clear data on circulating supply (some sources say zero) is a major concern. Without knowing how many tokens are in circulation, it's hard to assess market demand accurately.
Another red flag is the limited community feedback. Unlike established cryptocurrencies like Bitcoin or Ethereum, Chutes has few reviews on Reddit, Trustpilot, or dedicated forums. This suggests a small user base or limited real-world adoption. Without user testimonials or case studies, it's difficult to verify the platform's reliability.
Also, the project's technical documentation is sparse. While it claims to offer serverless AI compute, there's little detail on how exactly it works, what performance benchmarks it achieves, or how it compares to competitors. This lack of transparency makes due diligence challenging. Investors should treat Chutes as a speculative asset until more concrete information is available.
Finally, the DePIN sector is still emerging. Many projects in this space fail to gain traction. Chutes faces competition from both traditional cloud providers and other blockchain-based infrastructure projects. Without clear partnerships or proven use cases, it's uncertain whether Chutes can carve out a sustainable niche.
Where to Find More Information
For those interested in Chutes, the official website and GitHub repository are the best starting points. These sources provide technical details, whitepapers, and updates on development progress. However, be cautious of community-driven forums or social media channels-many may spread misinformation or pump-and-dump schemes. Always verify information through official channels.
For developers, testing the platform on a testnet before full integration is recommended. The project's GitHub repository often includes code samples and API documentation, which are invaluable for understanding technical capabilities. Always prioritize official sources over third-party analyses, especially in a space prone to misinformation.
What is Chutes (SN64)?
Chutes (SN64) is a cryptocurrency project that functions as a serverless, open-source compute provider for artificial intelligence applications. It's part of the Decentralized Physical Infrastructure Network (DePIN) sector, aiming to create a decentralized marketplace for AI inference tasks. Unlike traditional cryptocurrencies, Chutes focuses on providing real-world computing infrastructure rather than just acting as a digital currency.
Why is there price volatility in Chutes (SN64)?
Chutes (SN64) exhibits high price volatility due to its status as an emerging cryptocurrency with limited liquidity and trading volume. Different exchanges report varying prices, and data inconsistencies across tracking platforms like CoinMarketCap and DePIN Scan contribute to this instability. Additionally, the project's recent all-time high of $76.12 and low of $25.80 in late 2025 shows how quickly market sentiment can shift.
Is Chutes a good investment?
Chutes (SN64) is a high-risk investment due to extreme price swings, unclear circulating supply data, and limited community adoption. While the project's focus on AI infrastructure has potential, there's insufficient evidence of real-world usage or technical reliability. Investors should only consider it as a speculative asset and conduct thorough due diligence before committing funds.
How does Chutes differ from traditional cloud services?
Chutes operates as a decentralized alternative to centralized cloud providers like AWS or Google Cloud. Instead of relying on company-owned servers, it uses a network of distributed computing resources. This serverless model eliminates the need for users to manage infrastructure, reduces costs by cutting out middlemen, and supports open-source AI models without licensing fees. However, it's still early-stage and lacks the proven scalability of established cloud services.
Where can I buy Chutes (SN64)?
Chutes (SN64) is available on select cryptocurrency exchanges, but availability varies by region. Major exchanges like Binance or Coinbase may not list it yet due to its niche focus and volatility. Always verify exchange listings through official project channels before purchasing, and be cautious of scams targeting new investors.