> ## Content Index
> Fetch the complete content index at: https://blog.numer.ai/llms.txt
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# Numerai August 2025 Update
- URL: https://blog.numer.ai/numerai-august-2025-update/
- Published: 2025-08-01T13:00:25.000Z
- Updated: 2026-04-30T21:48:34.000Z
- Description: July payouts, $1 million NMR buyback, Signals Alpha scoring, and Council of Elders updates.
- Author: Noah Harasz

- Numerai paid out $276k worth of NMR in July.
- [Numerai kicked off a strategic $1 million NMR buyback.](https://blog.numer.ai/numerai-kicks-off-strategic-nmr-buyback/) With over $400M in AUM and 1M NMR staked daily, Numerai buys back the token that powers its hedge fund.
- [Numerai introduced Alpha: a risk-aware scoring system for Signals.](https://blog.numer.ai/signals-alpha-and-mpc/) Alpha is the biggest improvement to Numerai Signals scoring since its launch.
- Numerai will be holding a Fireside chat on August 6, 2025\. [Register now to join the webinar!](https://us02web.zoom.us/webinar/register/WN%5FQ5x95AIbS3O4C-kJEZWHaw?ref=blog.numer.ai)
- [The Council of Elders Vienna Meetup](https://lu.ma/5w9wvbjf?tk=8Bi8Mv&ref=blog.numer.ai) is scheduled for September 20, 2025 and will host a series of exciting new speakers:
  - "Participating in the Numerai Crypto competition with YIEDL Data" by Roberto
  - "​What does the 'era' information mean for (Numerai) model training?" by gBrecht
  - "Optimising for MMC (Numerai's Meta Model Contribution)" by Jonas
- [The Council of Elders announced a logo design competition](https://x.com/NumeraiCoE/status/1950257771049627678?ref=blog.numer.ai) with a $100 prize.
- We are over halfway through the 2025 season and the current top competitors are closing in on a shiny new Grandmaster title:
  - Numerai: [EGG](https://numer.ai/~egg?ref=blog.numer.ai)
  - Signals: [ROBPROFIT](https://signals.numer.ai/~robprofit?ref=blog.numer.ai)
  - Crypto: [BROWNO](https://crypto.numer.ai/~browno?ref=blog.numer.ai)