The strategic landscape of Westeros has reached a volatile tipping point following the events of the third season’s penultimate episode, leaving the warring Targaryen factions with a precarious and shifting balance of aerial firepower. As the civil war known as the Dance of the Dragons accelerates toward a season finale, the numerical count of active dragons has become the primary metric for military supremacy, though recent battlefield injuries, unexpected survivals, and brewing betrayals have complicated the tally for both Queen Rhaenyra Targaryen and the incumbent King Aegon II Targaryen.
The conflict, which began as a dispute over succession, has evolved into a full-scale war of attrition where the loss of a single dragon can shift the geopolitical fate of the Seven Kingdoms. With the introduction of the "Dragonseeds"—bastard-born riders of Valyrian descent—the monopoly on dragon power has been disrupted, leading to a frantic arms race between the Black Council at Dragonstone and the Green Council at King’s Landing.

The Current Standing of Team Black’s Aerial Force
Queen Rhaenyra Targaryen currently maintains a numerical advantage in the skies, though her coalition of riders is increasingly defined by instability and internal friction. As of the latest reports from the front lines, Team Black officially commands five combat-ready dragons, excluding the juvenile Tyraxes, who remains too small for major sorties. However, the cohesion of this force was severely tested during a recent confrontation in the Vale, which saw Rhaenyra’s personal mount, Syrax, engaged in a fratricidal skirmish.
Syrax, the yellow-scaled dragon bonded to Rhaenyra since her youth, remains the symbolic heart of the Black fleet. Despite her decades of bonding, the dragon was recently involved in a violent altercation with a wild dragon, Sheepstealer, in the Vale. The fight, which broke out when Rhaena Targaryen attempted to claim the wild beast, left Syrax with visible injuries. While Syrax is expected to remain flight-capable, the psychological toll on both rider and dragon during this period of intense grief and military pressure cannot be understated.
Daemon Targaryen’s mount, Caraxes, continues to be the most formidable veteran in Rhaenyra’s arsenal. Known as the Blood Wyrm for his red scales and terrifying whistle, Caraxes has spent much of the season operating semi-independently alongside Daemon. During the incident in the Vale, Daemon reportedly ordered Caraxes to finish off the wild Sheepstealer. While the Blood Wyrm ultimately allowed the wild dragon to retreat into the forests, the lethality of Caraxes remains the primary deterrent against a direct assault on the Black strongholds.

The Rise of the Dragonseeds and Team Black’s Numerical Lead
The "Sowing of the Seeds," a desperate initiative to find riders for unclaimed dragons, has successfully added three major assets to Team Black’s roster. Among these, Seasmoke has emerged as a high-performance scout and interceptor. After the death of his previous rider, Laenor Velaryon, Seasmoke took the unusual step of choosing his own rider, Addam of Hull. The bond between the two was solidified during the recent skirmish in the Vale, where Seasmoke provided tactical support to Syrax, proving that the new generation of riders is capable of high-stakes maneuvering.
The most powerful addition to the Black fleet is Vermithor, the "Bronze Fury." Once the mount of King Jaehaerys the Conciliator, Vermithor is the second-largest dragon in existence, surpassed only by the Greens’ Vhagar. Ridden by Hugh the Hammer, a former blacksmith, Vermithor represents a massive shift in raw power. However, Hugh’s recent visit to Tumbleton and the subsequent rejection by his estranged wife have raised questions about his long-term psychological stability and his continued loyalty to the crown at Dragonstone.
Completing the current Black roster is Moondancer, the slender and agile dragon ridden by Baela Targaryen. Moondancer has been a constant presence on the front lines, most notably participating in the devastating Battle of the Gullet. While Moondancer lacks the sheer mass of Vermithor or Caraxes, her speed has made her an essential asset for reconnaissance and harassing Green supply lines.

Team Green’s Resurgence and the Return of Sunfyre
While Team Green has spent much of the season at a numerical disadvantage, the most recent intelligence suggests a significant recovery of their assets. For much of Season 3, it was believed that King Aegon II Targaryen’s dragon, Sunfyre, had perished following the brutal engagement at Rook’s Rest. However, a major revelation has confirmed that Sunfyre is alive, a development that fundamentally alters the odds for the Green Council.
Sunfyre, often described as the most beautiful dragon to ever fly due to his golden scales and pink wing membranes, is currently in a state of recovery. Aegon’s survival and his reunion with his dragon provide the Greens with a much-needed morale boost and a legitimate claim to dragon-backed authority. If Sunfyre can return to combat strength, Aegon will no longer be dependent on his brother Aemond for aerial protection, potentially shifting the internal power dynamics of the Green Council.
In the Reach, the Greens have deployed Tessarion, known as the "Blue Queen." Bonded to Prince Daeron Targaryen, the youngest son of Alicent Hightower and the late King Viserys, Tessarion is a younger, smaller dragon but highly effective in regional pacification. Reports from the south indicate that Tessarion has been instrumental in securing the Hightower interests, though she has yet to be tested against the larger, veteran dragons of Team Black.

The Passive Threat of Dreamfyre and the Harrenhal Wild Card
One of the most complex elements of the Green arsenal is Dreamfyre, the slender blue dragon bonded to Queen Helaena Targaryen. Despite being one of the older and more powerful dragons in the realm, Dreamfyre has remained grounded due to Helaena’s staunch pacifism and refusal to engage in the horrors of war. However, recent developments have suggested that Dreamfyre’s role may be evolving.
Alys Rivers, the mysterious figure at Harrenhal, reportedly revealed five of Dreamfyre’s eggs to Prince Aemond, suggesting a long-term plan for the Green lineage. Furthermore, Helaena’s recent prophetic dreams involving flight on a massive dragon have led analysts to wonder if the Queen Consort will eventually be forced into the skies to defend King’s Landing.
The most significant wild card in the entire war remains Vhagar, the ancient she-dragon ridden by Prince Regent Aemond Targaryen. Vhagar is a relic of the Conquest, a beast of such size and ferocity that she can swallow younger dragons whole. After landing at Harrenhal with Aemond, Vhagar has largely remained off the grid, utilizing stealth tactics that defy her massive size. The "Where is Vhagar?" question has become a source of constant anxiety for the Black Council, as her sudden appearance on any battlefield usually results in the immediate destruction of the opposition.

Defections and the Fragile State of Dragon Alliances
The most alarming development for Queen Rhaenyra involves the potential defection of her newest riders. Silverwing, a large and ancient dragon ridden by the Dragonseed Ulf the White, was considered a pillar of the Black defense. However, intelligence from the end of the latest episode suggests that Ulf may have "jumped ship" to the Green cause.
Ulf was reportedly seen in communication with Lord Ormund Hightower, a key commander for the Greens. If Silverwing and Ulf have indeed betrayed Rhaenyra, the numerical advantage of Team Black would evaporate instantly, handing the Greens an experienced dragon and a rider with intimate knowledge of Dragonstone’s defenses. This potential betrayal highlights the inherent risk Rhaenyra took by arming commoners with the ultimate weapons of war.
Meanwhile, the status of the wild dragon Sheepstealer remains a point of contention. After being brutally attacked by the combined forces of Syrax, Seasmoke, and Caraxes in the Vale, the dragon was left for dead. However, no carcass has been recovered, and some believe the beast may still be alive in the wilderness. Rhaena Targaryen, who failed to claim the beast, has been sent back to King’s Landing, leaving the Vale without a dragon protector for the time being.

Broader Implications for the Future of Westeros
The proliferation of dragon warfare has had a devastating impact on the civilian population of Westeros. The Battle of the Gullet and the destruction in the Reach have demonstrated that these creatures are no longer just symbols of royalty, but weapons of mass destruction that the current feudal system is ill-equipped to handle. The "Smallfolk" of King’s Landing and Dragonstone live in a state of constant terror, watching the skies for the shadow of wings that bring only fire and ruin.
As the season finale approaches, the total confirmed dragon count stands at five for the Blacks and three for the Greens, with two major wild cards (Vhagar and Silverwing) capable of deciding the war’s outcome. The tactical focus is now shifting toward the "God’s Eye," a lake near Harrenhal where many believe the final confrontation between the two most powerful dragons—Caraxes and Vhagar—is inevitable.
The return of Sunfyre and the potential betrayal by Ulf the White have reset the board. What began as a numerical lead for Rhaenyra has become a desperate game of chess where loyalty is the only currency that matters. In the coming weeks, the question will no longer be how many dragons each side has, but which riders are willing to burn the world down to see their claimant on the Iron Throne. The Dance of the Dragons has only just begun, and the fire is spreading faster than any maester or lord ever predicted.











