In plain words
The pipes of the internet: storing files, moving data around, private connections.
Like:


Dropbox, Cloudflare, NordVPN
How Bittensor works →
Statistics
- 24h volume
- —
- Volume / Mcap
- —
- Liquidity (TAO in pool)
- $1.34M
τ4,809.93
- Circulating supply
- 2.23M Գ
10.6% of the 21M max
- Owner lock
- —
- Owner revenue / day
- $1,947.87
τ7.009
- Emission share
- 0.17%
of TAO emitted to subnets
- TAO emission / day
- τ5.990
Technical data
- Alpha in pool
- 889,327.21 Գ
- Circulating alpha
- 2,229,027.60 Գ
- TAO emission / day
- τ5.990
pool τ5.990 · excess τ0
- Alpha emission / day
- 7,200.00 Գ
- Root prop
- 23.94%
share of dividends to root validators
- EMA price (moving price)
- τ0.00531994
- Registered at block
- #6841399
- Last sync
- about 1 hour ago (block #9270249)
Market cap · 30d
$3.35M
τ12.1K
2.34% / 24h ↗
24h volume
$0
—
Daily, 24 days
Supply
10.6%
2.23M Գ
in circulation, out of 21M max
-
In circulation
2.23M Գ · 10.6%
-
In the pool
889K Գ · 4.2%
-
Not emitted yet
17.9M Գ · 85.2%
Locks
$332K
9.9% of circulating supply
-
Owner lock
0.00 Գ · 0.0%
-
Other holders (4)
221K Գ · 9.9%
-
Not locked
2.01M Գ · 90.1%
∞ Perpetual lock 121K Գ · ↘ Decaying lock 100K Գ
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)
$1,947.87
τ7.009 · 1,295.97 Գ
Last 30 days
$61.3K
τ215.04
Last 90 days
$190K
τ829.50
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
221K Գ
∞ 121K · ↘ 100K
Wallets locking
4
on the owner hotkey
| Coldkey | Hotkey | Alpha locked |
% circulating | Type | Last update |
|
5GhAxP…2ZHDvc
|
owner hotkey |
100,000.00 Գ |
4.49% |
↘ Decaying |
#8615167
|
|
5GKq73…FBEjm8
|
owner hotkey |
93,000.00 Գ |
4.17% |
∞ Perpetual |
#8802392
|
|
5EHNAp…5NDGTd
|
owner hotkey |
27,738.03 Գ |
1.24% |
∞ Perpetual |
#9193299
|
|
5HMtFE…eS8CCx
|
owner hotkey |
303.89 Գ |
0.01% |
∞ Perpetual |
#8865642
|
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 Գ
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 30d
τ4.233
$1,176.47
TAO spent (all indexed)
τ4.233
Cumulative TAO spent on buybacks.
| Date | Type | Wallet | TAO | Alpha | USD | Block |
| Oct 12, 2026 04:00 |
Alpha purchase |
Owner coldkey
Owner
|
τ1.389 |
259.19 Գ |
$409.42 |
#9264587 |
| Oct 11, 2026 04:00 |
Alpha purchase |
Owner coldkey
Owner
|
τ1.357 |
259.19 Գ |
$379.30 |
#9257387 |
| Oct 10, 2026 04:00 |
Alpha purchase |
Owner coldkey
Owner
|
τ1.488 |
259.19 Գ |
$411.80 |
#9250186 |
* burns valued at the alpha price at the time of the block.
How it's measured
On-chain events: AddStakeBurn (buyback & burn), alpha purchases (StakeAdded) and burns/recycles made by this subnet's declared treasury wallets.