In plain words
Building and improving AI models. Instead of a single lab, people all over the world compete to produce the best model.
Like:


OpenAI, Mistral AI, Hugging Face
How Bittensor works →
Statistics
- Market cap
- $2.19M
τ7,877.83
- 24h volume
- —
- Volume / Mcap
- —
- Liquidity (TAO in pool)
- $687K
τ2,471.19
- Circulating supply
- 2.09M დ
10.0% of the 21M max
- Owner lock
- —
- Owner revenue / day
- $1,357.61
τ4.885
- Emission share
- 0.00%
of TAO emitted to subnets
- TAO emission / day
- τ0.01516
Technical data
- Alpha in pool
- 655,560.41 დ
- Circulating alpha
- 2,089,840.99 დ
- TAO emission / day
- τ0.01516
pool τ0.01516 · excess τ0
- Alpha emission / day
- 7,200.00 დ
- Root prop
- 26.33%
share of dividends to root validators
- EMA price (moving price)
- τ0.00371857
- Registered at block
- #6693448
- Last sync
- about 1 hour ago (block #9270249)
Market cap · 30d
$2.19M
τ7,877.83
3.40% / 24h ↗
24h volume
$0
—
Daily, 24 days
Supply
10.0%
2.09M დ
in circulation, out of 21M max
-
In circulation
2.09M დ · 10.0%
-
In the pool
656K დ · 3.1%
-
Not emitted yet
18.3M დ · 86.9%
Locks
$312K
14.3% of circulating supply
-
Owner lock
0.00 დ · 0.0%
-
Other holders (3)
298K დ · 14.3%
-
Not locked
1.79M დ · 85.7%
∞ Perpetual lock 11.7K დ · ↘ Decaying lock 286K დ
Owner on-chain revenue
What the subnet's team earns: 18% of the tokens the subnet creates every day go to it. It's its on-chain salary, visible to everyone.
Per day (current)
$1,357.61
τ4.885 · 1,295.97 დ
Last 30 days
$41K
τ145.39
Last 90 days
$140K
τ615.47
Daily revenue in USD (owner emissions × alpha price × TAO/USD of the day).
Alpha locks
on-chain state about 2 hours ago
When a team locks its own tokens, it can't sell them: it's a sign of confidence in its project. Other holders can lock too, behind the team's key.
Type
—
Emission auto-lock disabled
Total on the owner hotkey
298K დ
∞ 11.7K · ↘ 286K
Wallets locking
3
on the owner hotkey
| Coldkey | Hotkey | Alpha locked |
% circulating | Type | Last update |
|
5CWbHR…wXZyxf
|
owner hotkey |
143,593.20 დ |
6.87% |
↘ Decaying |
#9218414
|
|
5GmwD7…mMUH5q
|
owner hotkey |
126,708.56 დ |
6.06% |
↘ Decaying |
#9218558
|
|
5HMtFE…eS8CCx
|
owner hotkey |
11,733.72 დ |
0.56% |
∞ Perpetual |
#8989385
|
How it's measured
Alpha locked via Lock / OwnerLock. A perpetual lock (∞) never unlocks; a decaying lock (↘) is released progressively (~130 days). An owner locking its own alpha signals confidence in the project.
Buybacks
Some teams use their revenue to buy back their own token and destroy it ("buyback & burn"): fewer tokens in circulation, like a company buying back its shares.
Burned by the owner (30d)
0.00 დ
The split between buyback & burn, manual burns and emission burns appears once the events of the period are indexed (history scan in progress).
60 days excluded: missing reading, or the counter moved more than the subnet can burn (e.g. runtime migration rewriting it).
TAO spent (all indexed)
τ0
No buyback indexed yet.
How it's measured
On-chain events: AddStakeBurn (buyback & burn), alpha purchases (StakeAdded) and burns/recycles made by this subnet's declared treasury wallets.