BullTensor
TAO $277.90
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.

Locked by the owner
None
Type
—
Emission auto-lock disabled
Total on the owner hotkey
46.2K λ
∞ 46.2K · ↘ 0
Wallets locking
1
on the owner hotkey
ColdkeyHotkeyAlpha locked % circulatingTypeLast 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.

Alpha burned 30d
—
Buyback & burn
…
Manual burns
…
Emission burns
…
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 30d
τ0
$0
TAO spent (all indexed)
τ0
Alpha burned 30d
4,900.00 λ
Operations
98
DateTypeWalletTAOAlphaUSDBlock
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.