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
- 24h volume
- —
- Volume / Mcap
- —
- Liquidity (TAO in pool)
- $5.61M
τ20.2K
- Circulating supply
- 3.48M λ
16.6% of the 21M max
- Owner lock
- —
- Owner revenue / day
- $2,740.34
τ9.861
- Emission share
- 0.48%
of TAO emitted to subnets
- TAO emission / day
- τ17.11
Technical data
- Alpha in pool
- 2,654,819.76 λ
- Circulating alpha
- 3,475,596.06 λ
- TAO emission / day
- τ17.11
pool τ7.560 · excess τ9.552
- Alpha emission / day
- 7,200.00 λ
- Root prop
- 13.80%
share of dividends to root validators
- EMA price (moving price)
- τ0.00760645
- Registered at block
- #2918568
- Last sync
- about 1 hour ago (block #9270249)
Market cap · 30d
$7.35M
τ26.4K
1.59% / 24h ↘
24h volume
$0
—
Daily, 24 days
Supply
16.6%
3.48M λ
in circulation, out of 21M max
-
In circulation
3.48M λ · 16.6%
-
In the pool
2.65M λ · 12.6%
-
Not emitted yet
14.9M λ · 70.8%
Locks
$97.6K
1.3% of circulating supply
-
Owner lock
0.00 λ · 0.0%
-
Other holders (1)
46.2K λ · 1.3%
-
Not locked
3.43M λ · 98.7%
∞ Perpetual lock 46.2K λ · ↘ Decaying lock 0.00 λ
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)
$2,740.34
τ9.861 · 1,295.97 λ
Last 30 days
$84.5K
τ298.23
Last 90 days
$222K
τ949.58
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
46.2K λ
∞ 46.2K · ↘ 0
Wallets locking
1
on the owner hotkey
| Coldkey | Hotkey | Alpha locked |
% circulating | Type | Last update |
|
5HMtFE…eS8CCx
|
owner hotkey |
46,180.46 λ |
1.33% |
∞ 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 λ
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
Alpha burned 30d
4,900.00 λ
| Date | Type | Wallet | TAO | Alpha | USD | Block |
| Oct 12, 2026 16:41 |
Alpha recycle |
5G9URk…EXHPwn
|
τ0.3804* |
50.00 λ |
$108.50 |
#9268387 |
| Oct 12, 2026 07:24 |
Alpha recycle |
5HmCuz…KRzgTu
|
τ0.3809* |
50.00 λ |
$113.94 |
#9265603 |
| Oct 12, 2026 07:23 |
Alpha recycle |
5HmCuz…KRzgTu
|
τ0.3809* |
50.00 λ |
$113.94 |
#9265600 |
| Oct 12, 2026 03:54 |
Alpha recycle |
5GGr9x…TwZA8S
|
τ0.3809* |
50.00 λ |
$112.05 |
#9264555 |
| Oct 12, 2026 03:53 |
Alpha recycle |
5Dtu3Z…aqZ8CP
|
τ0.3809* |
50.00 λ |
$112.05 |
#9264548 |
| Oct 12, 2026 03:51 |
Alpha recycle |
5E1hG4…24pckn
|
τ0.3809* |
50.00 λ |
$112.05 |
#9264541 |
| Oct 12, 2026 03:50 |
Alpha recycle |
5DtF8S…WvXA6w
|
τ0.3809* |
50.00 λ |
$112.05 |
#9264533 |
| Oct 12, 2026 03:48 |
Alpha recycle |
5FR9KW…Auxi9T
|
τ0.3809* |
50.00 λ |
$112.19 |
#9264525 |
| Oct 12, 2026 03:46 |
Alpha recycle |
5GQYnz…Ugp3FR
|
τ0.3809* |
50.00 λ |
$112.19 |
#9264517 |
| Oct 12, 2026 03:45 |
Alpha recycle |
5FRKtD…jLdZfG
|
τ0.3809* |
50.00 λ |
$112.19 |
#9264510 |
| Oct 12, 2026 03:43 |
Alpha recycle |
5FsHMo…S7UpJQ
|
τ0.3809* |
50.00 λ |
$112.16 |
#9264502 |
| Oct 12, 2026 03:42 |
Alpha recycle |
5DFyQ7…oQ1JiB
|
τ0.3809* |
50.00 λ |
$112.16 |
#9264495 |
| Oct 12, 2026 03:40 |
Alpha recycle |
5Cr7Kx…RVphuj
|
τ0.3809* |
50.00 λ |
$112.16 |
#9264487 |
| Oct 12, 2026 03:39 |
Alpha recycle |
5D2Um4…MFXarR
|
τ0.3809* |
50.00 λ |
$112.24 |
#9264479 |
| Oct 12, 2026 03:37 |
Alpha recycle |
5Hp57T…Faj454
|
τ0.3809* |
50.00 λ |
$112.24 |
#9264472 |
| Oct 12, 2026 03:36 |
Alpha recycle |
5HavCV…7dfpeQ
|
τ0.3809* |
50.00 λ |
$112.24 |
#9264465 |
| Oct 12, 2026 03:35 |
Alpha recycle |
5Df6H4…kVhDyg
|
τ0.3809* |
50.00 λ |
$112.24 |
#9264458 |
| Oct 12, 2026 03:33 |
Alpha recycle |
5GxCNh…DorJmM
|
τ0.3809* |
50.00 λ |
$112.06 |
#9264451 |
| Oct 12, 2026 03:32 |
Alpha recycle |
5CXwYg…PpTfzh
|
τ0.3809* |
50.00 λ |
$112.06 |
#9264443 |
| Oct 12, 2026 03:30 |
Alpha recycle |
5DUzxv…22cb2m
|
τ0.3809* |
50.00 λ |
$112.06 |
#9264436 |
| Oct 12, 2026 03:29 |
Alpha recycle |
5EUSC5…a88qHi
|
τ0.3809* |
50.00 λ |
$112.08 |
#9264428 |
| Oct 12, 2026 03:27 |
Alpha recycle |
5ELEnM…ezS3H8
|
τ0.3809* |
50.00 λ |
$112.08 |
#9264420 |
| Oct 12, 2026 03:26 |
Alpha recycle |
5CcJ4T…QtrfuG
|
τ0.3809* |
50.00 λ |
$112.08 |
#9264413 |
| Oct 12, 2026 03:24 |
Alpha recycle |
5Gawgp…Mm3x9x
|
τ0.3809* |
50.00 λ |
$112.08 |
#9264406 |
| Oct 12, 2026 03:23 |
Alpha recycle |
5CJho6…MAoUH5
|
τ0.3809* |
50.00 λ |
$112.08 |
#9264398 |
| Oct 12, 2026 03:21 |
Alpha recycle |
5EhSyL…ThFPAx
|
τ0.3809* |
50.00 λ |
$112.08 |
#9264391 |
| Oct 12, 2026 03:20 |
Alpha recycle |
5FCbin…G9y1jW
|
τ0.3809* |
50.00 λ |
$112.08 |
#9264383 |
| Oct 12, 2026 03:18 |
Alpha recycle |
5D7smK…WMARQ5
|
τ0.3809* |
50.00 λ |
$112.17 |
#9264375 |
| Oct 12, 2026 03:17 |
Alpha recycle |
5CA3cj…WXtMfg
|
τ0.3809* |
50.00 λ |
$112.17 |
#9264368 |
| Oct 12, 2026 03:15 |
Alpha recycle |
5FZM5X…vxJaFG
|
τ0.3809* |
50.00 λ |
$112.17 |
#9264360 |
| Oct 12, 2026 03:13 |
Alpha recycle |
5Dff1q…ps42xe
|
τ0.3809* |
50.00 λ |
$112.03 |
#9264352 |
| Oct 12, 2026 03:12 |
Alpha recycle |
5HBGdp…VMpHkr
|
τ0.3809* |
50.00 λ |
$112.03 |
#9264345 |
| Oct 12, 2026 03:10 |
Alpha recycle |
5Gx8rN…isqRy8
|
τ0.3809* |
50.00 λ |
$112.03 |
#9264337 |
| Oct 12, 2026 03:09 |
Alpha recycle |
5Esqkv…WhwYwP
|
τ0.3809* |
50.00 λ |
$112.29 |
#9264330 |
| Oct 12, 2026 03:07 |
Alpha recycle |
5CDgi3…VJ3Q1Y
|
τ0.3809* |
50.00 λ |
$112.29 |
#9264322 |
| Oct 12, 2026 03:06 |
Alpha recycle |
5Dvkyh…rCCGby
|
τ0.3809* |
50.00 λ |
$112.29 |
#9264314 |
| Oct 12, 2026 03:04 |
Alpha recycle |
5F1a35…wU6Y41
|
τ0.3809* |
50.00 λ |
$112.17 |
#9264305 |
| Oct 12, 2026 03:02 |
Alpha recycle |
5GunvB…iSgfy5
|
τ0.3809* |
50.00 λ |
$112.17 |
#9264296 |
| Oct 12, 2026 03:01 |
Alpha recycle |
5DXMK2…6EJAMb
|
τ0.3809* |
50.00 λ |
$112.17 |
#9264288 |
| Oct 12, 2026 02:59 |
Alpha recycle |
5FNRwJ…KRne3b
|
τ0.3809* |
50.00 λ |
$112.39 |
#9264280 |
| Oct 12, 2026 02:57 |
Alpha recycle |
5F4A3Y…waLdoo
|
τ0.3809* |
50.00 λ |
$112.39 |
#9264271 |
| Oct 12, 2026 02:56 |
Alpha recycle |
5H4Fcv…NUMgZy
|
τ0.3809* |
50.00 λ |
$112.39 |
#9264264 |
| Oct 12, 2026 02:54 |
Alpha recycle |
5HRHum…fBaeJN
|
τ0.3809* |
50.00 λ |
$112.43 |
#9264257 |
| Oct 12, 2026 02:53 |
Alpha recycle |
5GmjbW…nyBdeW
|
τ0.3809* |
50.00 λ |
$112.43 |
#9264248 |
| Oct 12, 2026 02:51 |
Alpha recycle |
5DJk2y…xwoh6J
|
τ0.3809* |
50.00 λ |
$112.43 |
#9264240 |
| Oct 12, 2026 02:51 |
Alpha recycle |
5G9URk…EXHPwn
|
τ0.3809* |
50.00 λ |
$112.43 |
#9264238 |
| Oct 11, 2026 15:22 |
Alpha recycle |
5G6ihv…TtGSg8
|
τ0.3809* |
50.00 λ |
$110.20 |
#9260796 |
| Oct 11, 2026 12:46 |
Alpha recycle |
5DcQYZ…FAvZji
|
τ0.3809* |
50.00 λ |
$108.07 |
#9260015 |
| Oct 11, 2026 12:46 |
Alpha recycle |
5DcQYZ…FAvZji
|
τ0.3809* |
50.00 λ |
$108.07 |
#9260014 |
| Oct 11, 2026 12:31 |
Alpha recycle |
5DUALF…LFhW1B
|
τ0.3809* |
50.00 λ |
$108.07 |
#9259938 |
| Oct 11, 2026 12:31 |
Alpha recycle |
5DUALF…LFhW1B
|
τ0.3809* |
50.00 λ |
$108.07 |
#9259938 |
| Oct 11, 2026 12:31 |
Alpha recycle |
5DUALF…LFhW1B
|
τ0.3809* |
50.00 λ |
$108.07 |
#9259938 |
| Oct 11, 2026 12:31 |
Alpha recycle |
5GTbLj…NVgPdK
|
τ0.3809* |
50.00 λ |
$108.07 |
#9259938 |
| Oct 11, 2026 12:31 |
Alpha recycle |
5GTbLj…NVgPdK
|
τ0.3809* |
50.00 λ |
$108.07 |
#9259938 |
| Oct 11, 2026 12:31 |
Alpha recycle |
5GedYA…u2qxvc
|
τ0.3809* |
50.00 λ |
$108.07 |
#9259938 |
| Oct 11, 2026 12:31 |
Alpha recycle |
5GedYA…u2qxvc
|
τ0.3809* |
50.00 λ |
$108.07 |
#9259938 |
| Oct 11, 2026 12:31 |
Alpha recycle |
5GedYA…u2qxvc
|
τ0.3809* |
50.00 λ |
$108.07 |
#9259938 |
| Oct 11, 2026 12:30 |
Alpha recycle |
5F3yoj…DY5rJv
|
τ0.3809* |
50.00 λ |
$108.07 |
#9259937 |
| Oct 11, 2026 12:30 |
Alpha recycle |
5DcQYZ…FAvZji
|
τ0.3809* |
50.00 λ |
$108.07 |
#9259937 |
| Oct 11, 2026 12:30 |
Alpha recycle |
5F3yoj…DY5rJv
|
τ0.3809* |
50.00 λ |
$108.07 |
#9259937 |
| Oct 11, 2026 12:30 |
Alpha recycle |
5F3yoj…DY5rJv
|
τ0.3809* |
50.00 λ |
$108.07 |
#9259937 |
| Oct 11, 2026 12:30 |
Alpha recycle |
5GTbLj…NVgPdK
|
τ0.3809* |
50.00 λ |
$108.07 |
#9259937 |
| Oct 11, 2026 12:30 |
Alpha recycle |
5DcQYZ…FAvZji
|
τ0.3809* |
50.00 λ |
$108.07 |
#9259937 |
| Oct 11, 2026 12:30 |
Alpha recycle |
5F3yoj…DY5rJv
|
τ0.3809* |
50.00 λ |
$108.07 |
#9259937 |
| Oct 11, 2026 12:30 |
Alpha recycle |
5GedYA…u2qxvc
|
τ0.3809* |
50.00 λ |
$108.07 |
#9259937 |
| Oct 11, 2026 12:30 |
Alpha recycle |
5DUALF…LFhW1B
|
τ0.3809* |
50.00 λ |
$108.07 |
#9259937 |
| Oct 11, 2026 12:30 |
Alpha recycle |
5DUALF…LFhW1B
|
τ0.3809* |
50.00 λ |
$108.07 |
#9259937 |
| Oct 11, 2026 12:30 |
Alpha recycle |
5GedYA…u2qxvc
|
τ0.3809* |
50.00 λ |
$108.07 |
#9259937 |
| Oct 11, 2026 12:30 |
Alpha recycle |
5GTbLj…NVgPdK
|
τ0.3809* |
50.00 λ |
$108.07 |
#9259937 |
| Oct 11, 2026 12:30 |
Alpha recycle |
5F3yoj…DY5rJv
|
τ0.3809* |
50.00 λ |
$108.07 |
#9259937 |
| Oct 11, 2026 12:30 |
Alpha recycle |
5GedYA…u2qxvc
|
τ0.3809* |
50.00 λ |
$108.07 |
#9259937 |
| Oct 11, 2026 12:30 |
Alpha recycle |
5F3yoj…DY5rJv
|
τ0.3809* |
50.00 λ |
$108.07 |
#9259937 |
| Oct 11, 2026 12:30 |
Alpha recycle |
5GedYA…u2qxvc
|
τ0.3809* |
50.00 λ |
$108.07 |
#9259937 |
| Oct 11, 2026 12:30 |
Alpha recycle |
5GqCni…9HPitf
|
τ0.3809* |
50.00 λ |
$108.07 |
#9259937 |
| Oct 11, 2026 12:30 |
Alpha recycle |
5DUALF…LFhW1B
|
τ0.3809* |
50.00 λ |
$108.07 |
#9259937 |
| Oct 11, 2026 10:05 |
Alpha recycle |
5DUALF…LFhW1B
|
τ0.3809* |
50.00 λ |
$107.61 |
#9259209 |
| Oct 11, 2026 02:38 |
Alpha recycle |
5HmCuz…KRzgTu
|
τ0.3805* |
50.00 λ |
$108.43 |
#9256976 |
| Oct 11, 2026 02:38 |
Alpha recycle |
5CqkBg…ubhGuH
|
τ0.3805* |
50.00 λ |
$108.43 |
#9256975 |
| Oct 11, 2026 02:33 |
Alpha recycle |
5CqkBg…ubhGuH
|
τ0.3805* |
50.00 λ |
$108.43 |
#9256948 |
| Oct 11, 2026 02:32 |
Alpha recycle |
5HmCuz…KRzgTu
|
τ0.3805* |
50.00 λ |
$108.43 |
#9256947 |
| Oct 11, 2026 02:30 |
Alpha recycle |
5HmCuz…KRzgTu
|
τ0.3805* |
50.00 λ |
$108.43 |
#9256934 |
| Oct 11, 2026 02:30 |
Alpha recycle |
5HmCuz…KRzgTu
|
τ0.3805* |
50.00 λ |
$108.43 |
#9256933 |
| Oct 11, 2026 02:17 |
Alpha recycle |
5CqkBg…ubhGuH
|
τ0.3805* |
50.00 λ |
$108.43 |
#9256869 |
| Oct 11, 2026 02:17 |
Alpha recycle |
5G3oTj…4HYPBv
|
τ0.3805* |
50.00 λ |
$108.43 |
#9256868 |
| Oct 11, 2026 02:14 |
Alpha recycle |
5G3oTj…4HYPBv
|
τ0.3805* |
50.00 λ |
$108.43 |
#9256856 |
| Oct 11, 2026 02:14 |
Alpha recycle |
5G3oTj…4HYPBv
|
τ0.3805* |
50.00 λ |
$108.43 |
#9256855 |
| Oct 11, 2026 02:09 |
Alpha recycle |
5G3oTj…4HYPBv
|
τ0.3805* |
50.00 λ |
$108.43 |
#9256831 |
| Oct 11, 2026 02:09 |
Alpha recycle |
5G3oTj…4HYPBv
|
τ0.3805* |
50.00 λ |
$108.43 |
#9256830 |
| Oct 11, 2026 02:07 |
Alpha recycle |
5G3oTj…4HYPBv
|
τ0.3805* |
50.00 λ |
$108.43 |
#9256818 |
| Oct 11, 2026 02:06 |
Alpha recycle |
5G3oTj…4HYPBv
|
τ0.3805* |
50.00 λ |
$108.43 |
#9256817 |
| Oct 11, 2026 01:28 |
Alpha recycle |
5GTbLj…NVgPdK
|
τ0.3805* |
50.00 λ |
$107.96 |
#9256625 |
| Oct 10, 2026 05:13 |
Alpha recycle |
5G3oTj…4HYPBv
|
τ0.3828* |
50.00 λ |
$106.26 |
#9250552 |
| Oct 10, 2026 05:13 |
Alpha recycle |
5CqkBg…ubhGuH
|
τ0.3828* |
50.00 λ |
$106.26 |
#9250551 |
| Oct 10, 2026 05:02 |
Alpha recycle |
5CqkBg…ubhGuH
|
τ0.3828* |
50.00 λ |
$106.26 |
#9250497 |
| Oct 10, 2026 04:47 |
Alpha recycle |
5CqkBg…ubhGuH
|
τ0.3828* |
50.00 λ |
$105.96 |
#9250420 |
| Oct 10, 2026 04:35 |
Alpha recycle |
5CqkBg…ubhGuH
|
τ0.3828* |
50.00 λ |
$105.96 |
#9250358 |
| Oct 10, 2026 04:34 |
Alpha recycle |
5CqkBg…ubhGuH
|
τ0.3828* |
50.00 λ |
$105.96 |
#9250357 |
| Oct 10, 2026 04:20 |
Alpha recycle |
5CqkBg…ubhGuH
|
τ0.3828* |
50.00 λ |
$105.96 |
#9250286 |
* 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.