In plain words
Renting computing power (graphics cards) by the hour to run or train AI, like on Amazon Web Services, but from an open network of providers.
Like:


Amazon Web Services, CoreWeave, RunPod
How Bittensor works →
Statistics
- Market cap
- $1.45M
τ5,199.95
- 24h volume
- —
- Volume / Mcap
- —
- Liquidity (TAO in pool)
- $1.57M
τ5,655.73
- Circulating supply
- 2.42M Դ
11.5% of the 21M max
- Owner lock
- 55.5K Դ 15.7% ∞ auto
- Owner revenue / day
- $775.13
τ2.789
- Emission share
- 0.01%
of TAO emitted to subnets
- TAO emission / day
- τ0.2019
Technical data
- Alpha in pool
- 2,627,829.38 Դ
- Circulating alpha
- 2,416,060.33 Դ
- TAO emission / day
- τ0.2019
pool τ0.2019 · excess τ0
- Alpha emission / day
- 7,200.00 Դ
- Root prop
- 16.29%
share of dividends to root validators
- EMA price (moving price)
- τ0.00213864
- Registered at block
- #5558480
- Last sync
- about 1 hour ago (block #9270249)
Market cap · 30d
$1.45M
τ5,199.95
1.02% / 24h ↗
24h volume
$0
—
Daily, 24 days
Supply
11.5%
2.42M Դ
in circulation, out of 21M max
-
In circulation
2.42M Դ · 11.5%
-
In the pool
2.63M Դ · 12.5%
-
Not emitted yet
16M Դ · 76.0%
Locks
$212K
14.7% of circulating supply
-
Owner lock
55.5K Դ · 2.3%
-
Other holders (6)
299K Դ · 12.4%
-
Not locked
2.06M Դ · 85.3%
∞ Perpetual lock 352K Դ · ↘ Decaying lock 2,051.47 Դ
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)
$775.13
τ2.789 · 1,295.97 Դ
Last 30 days
$24.2K
τ85.62
Last 90 days
$78.4K
τ343.33
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.
Locked by the owner
55.5K Դ
2.3% of circulating supply · $33.2K
Type
∞ Perpetual
Owner emissions auto-locked
Total on the owner hotkey
354K Դ
∞ 352K · ↘ 2.05K
Wallets locking
7
on the owner hotkey
| Coldkey | Hotkey | Alpha locked |
% circulating | Type | Last update |
|
5GW3nE…pVi64S
|
owner hotkey |
177,664.79 Դ |
7.35% |
∞ Perpetual |
#9269827
|
|
5Esxxg…gRfK9p
|
owner hotkey |
66,498.26 Դ |
2.75% |
∞ Perpetual |
#9269825
|
|
5CTdHC…HQHXpA
Owner
|
owner hotkey |
55,521.94 Դ |
2.30% |
∞ Perpetual |
#9270001
|
|
5DFJTn…5PMixX
|
owner hotkey |
48,099.12 Դ |
1.99% |
∞ Perpetual |
#9269823
|
|
5HMtFE…eS8CCx
|
owner hotkey |
4,515.36 Դ |
0.19% |
∞ Perpetual |
#8865642
|
|
5DJ3rC…mVsFGx
|
owner hotkey |
2,647.59 Դ |
0.11% |
↘ Decaying |
#8564926
|
|
5CRoqb…Pk1vM8
|
owner hotkey |
12.00 Դ |
0.00% |
∞ Perpetual |
#8486593
|
See the 20 latest lock events
-
Oct 12 22:03
Alpha lock
64.80 Դ
owner
#9270001
-
Oct 12 20:51
Alpha lock
64.80 Դ
owner
#9269641
-
Oct 12 19:39
Alpha lock
64.80 Դ
owner
#9269281
-
Oct 12 18:27
Alpha lock
64.80 Դ
owner
#9268921
-
Oct 12 17:15
Alpha lock
64.80 Դ
owner
#9268561
-
Oct 12 16:03
Alpha lock
64.80 Դ
owner
#9268201
-
Oct 12 14:51
Alpha lock
64.80 Դ
owner
#9267841
-
Oct 12 13:39
Alpha lock
64.80 Դ
owner
#9267481
-
Oct 12 12:27
Alpha lock
64.80 Դ
owner
#9267121
-
Oct 12 11:15
Alpha lock
64.80 Դ
owner
#9266761
-
Oct 12 10:03
Alpha lock
64.80 Դ
owner
#9266401
-
Oct 12 08:51
Alpha lock
64.80 Դ
owner
#9266041
-
Oct 12 07:39
Alpha lock
64.80 Դ
owner
#9265681
-
Oct 12 06:27
Alpha lock
64.80 Դ
owner
#9265321
-
Oct 12 05:15
Alpha lock
64.80 Դ
owner
#9264961
-
Oct 12 04:03
Alpha lock
64.80 Դ
owner
#9264601
-
Oct 12 02:51
Alpha lock
64.80 Դ
owner
#9264241
-
Oct 12 01:39
Alpha lock
64.80 Դ
owner
#9263881
-
Oct 12 00:27
Alpha lock
64.80 Դ
owner
#9263521
-
Oct 11 23:15
Alpha lock
64.80 Դ
owner
#9263161
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 Դ
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.