diff --git a/tests/unit_tests/extrinsics/test_network.py b/tests/unit_tests/extrinsics/test_network.py
index 160348c3e6..a11f53111f 100644
--- a/tests/unit_tests/extrinsics/test_network.py
+++ b/tests/unit_tests/extrinsics/test_network.py
@@ -2,6 +2,10 @@
 from unittest.mock import MagicMock, patch
 from bittensor.subtensor import subtensor as Subtensor
 from bittensor.wallet import wallet as Wallet
+from bittensor.extrinsics.network import (
+    set_hyperparameter_extrinsic,
+    register_subnetwork_extrinsic,
+)
 
 
 # Mock the bittensor and related modules to avoid real network calls and wallet operations
@@ -10,6 +14,8 @@ def mock_subtensor():
     subtensor = MagicMock(spec=Subtensor)
     subtensor.get_balance.return_value = 100
     subtensor.get_subnet_burn_cost.return_value = 10
+    subtensor.substrate = MagicMock()
+    subtensor.substrate.get_block_hash = MagicMock(return_value="0x" + "0" * 64)
     return subtensor
 
 
@@ -21,6 +27,13 @@ def mock_wallet():
     return wallet
 
 
+@pytest.fixture
+def mock_other_owner_wallet():
+    wallet = MagicMock(spec=Wallet)
+    wallet.coldkeypub.ss58_address = "fake_other_owner"
+    return wallet
+
+
 @pytest.mark.parametrize(
     "test_id, wait_for_inclusion, wait_for_finalization, prompt, expected",
     [
@@ -40,15 +53,9 @@ def test_register_subnetwork_extrinsic_happy_path(
     expected,
 ):
     # Arrange
-    mock_subtensor.substrate = MagicMock(
-        get_block_hash=MagicMock(return_value="0x" + "0" * 64),
-        submit_extrinsic=MagicMock(),
-    )
     mock_subtensor.substrate.submit_extrinsic.return_value.is_success = True
 
     # Act
-    from bittensor.extrinsics.network import register_subnetwork_extrinsic
-
     result = register_subnetwork_extrinsic(
         mock_subtensor, mock_wallet, wait_for_inclusion, wait_for_finalization, prompt
     )
@@ -81,12 +88,70 @@ def test_register_subnetwork_extrinsic_edge_cases(
     mock_subtensor.get_balance.return_value = balance
     mock_subtensor.get_subnet_burn_cost.return_value = burn_cost
     monkeypatch.setattr("rich.prompt.Confirm.ask", lambda x: prompt_input)
-    mock_subtensor.substrate = MagicMock()
 
     # Act
-    from bittensor.extrinsics.network import register_subnetwork_extrinsic
-
     result = register_subnetwork_extrinsic(mock_subtensor, mock_wallet, prompt=True)
 
     # Assert
     assert result == expected
+
+
+@pytest.mark.parametrize(
+    "netuid, parameter, value, is_owner, wait_for_inclusion, wait_for_finalization, prompt, extrinsic_success, expected_result",
+    [
+        # Success - no wait
+        (1, "serving_rate_limit", 49, True, False, False, False, True, True),
+        # Success - with wait
+        (1, "serving_rate_limit", 50, True, True, True, False, True, True),
+        # Failure - wallet doesn't own subnet
+        (1, "serving_rate_limit", 50, False, True, True, False, True, False),
+        # Failure - invalid hyperparameter
+        (1, None, 50, True, True, False, False, False, False),
+    ],
+    ids=[
+        "success-no-wait",
+        "success-with-wait",
+        "failure-not-owner",
+        "failure-invalid-hyperparameter",
+    ],
+)
+def test_set_hyperparameter_extrinsic(
+    mock_subtensor,
+    mock_wallet,
+    mock_other_owner_wallet,
+    netuid,
+    parameter,
+    value,
+    is_owner,
+    wait_for_inclusion,
+    wait_for_finalization,
+    prompt,
+    extrinsic_success,
+    expected_result,
+):
+    # Arrange
+    with patch.object(
+        mock_subtensor,
+        "get_subnet_owner",
+        return_value=mock_wallet.coldkeypub.ss58_address
+        if is_owner
+        else mock_other_owner_wallet.coldkeypub.ss58_address,
+    ), patch.object(
+        mock_subtensor.substrate,
+        "submit_extrinsic",
+        return_value=MagicMock(is_success=extrinsic_success),
+    ):
+        # Act
+        result = set_hyperparameter_extrinsic(
+            subtensor=mock_subtensor,
+            wallet=mock_wallet,
+            netuid=netuid,
+            parameter=parameter,
+            value=value,
+            wait_for_inclusion=wait_for_inclusion,
+            wait_for_finalization=wait_for_finalization,
+            prompt=prompt,
+        )
+
+        # Assert
+        assert result == expected_result