In plain words
When you ask an AI a question, a computer somewhere has to run the model to answer. These subnets do that job, like ChatGPT's API, but on thousands of independent computers.
Like:


OpenAI API, Together AI, Groq
How Bittensor works →
Statistics
- 24h volume
- —
- Volume / Mcap
- —
- Liquidity (TAO in pool)
- $2.81M
τ10.1K
- Circulating supply
- 3.27M Ѐ
15.6% of the 21M max
- Owner lock
- —
- Owner revenue / day
- $7,373.26
τ26.53
- Emission share
- 2.41%
of TAO emitted to subnets
- TAO emission / day
- τ86.84
Technical data
- Alpha in pool
- 494,202.64 Ѐ
- Circulating alpha
- 3,269,158.92 Ѐ
- TAO emission / day
- τ86.84
pool τ30.49 · excess τ56.35
- Alpha emission / day
- 7,200.00 Ѐ
- Root prop
- 20.68%
share of dividends to root validators
- EMA price (moving price)
- τ0.0197181
- Registered at block
- #5606062
- Last sync
- about 2 hours ago (block #9270249)
Market cap · 30d
$18.6M
τ66.9K
4.15% / 24h ↗
24h volume
$0
—
Daily, 24 days
Supply
15.6%
3.27M Ѐ
in circulation, out of 21M max
-
In circulation
3.27M Ѐ · 15.6%
-
In the pool
494K Ѐ · 2.4%
-
Not emitted yet
17.2M Ѐ · 82.1%
Locks
$52.4K
0.3% of circulating supply
-
Owner lock
0.00 Ѐ · 0.0%
-
Other holders (1)
9,205.92 Ѐ · 0.3%
-
Not locked
3.26M Ѐ · 99.7%
∞ Perpetual lock 9,205.92 Ѐ · ↘ Decaying lock 0.00 Ѐ
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)
$7,373.26
τ26.53 · 1,295.97 Ѐ
Last 30 days
$172K
τ600.86
Last 90 days
$347K
τ1,413.61
Daily revenue in USD (owner emissions × alpha price × TAO/USD of the day).
Alpha locks
on-chain state about 3 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
9,205.92 Ѐ
∞ 9.21K · ↘ 0
Wallets locking
1
on the owner hotkey
| Coldkey | Hotkey | Alpha locked |
% circulating | Type | Last update |
|
5HMtFE…eS8CCx
|
owner hotkey |
9,205.92 Ѐ |
0.28% |
∞ 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 Ѐ
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
τ75.22
$20.9K
TAO spent (all indexed)
τ75.22
Cumulative TAO spent on buybacks.
| Date | Type | Wallet | TAO | Alpha | USD | Block |
| Oct 12, 2026 15:59 |
Alpha purchase |
Owner coldkey
Owner
|
τ9.488 |
479.51 Ѐ |
$2,706.06 |
#9268180 |
| Oct 12, 2026 15:59 |
Alpha purchase |
Owner coldkey
Owner
|
τ9.488 |
479.51 Ѐ |
$2,706.06 |
#9268180 |
| Oct 12, 2026 15:59 |
Alpha purchase |
Owner coldkey
Owner
|
τ6.411 |
323.99 Ѐ |
$1,828.40 |
#9268180 |
| Oct 12, 2026 15:59 |
Alpha purchase |
Owner coldkey
Owner
|
τ0.2562 |
12.95 Ѐ |
$73.08 |
#9268180 |
| Oct 11, 2026 15:54 |
Alpha purchase |
Owner coldkey
Owner
|
τ0.2504 |
12.95 Ѐ |
$72.46 |
#9260956 |
| Oct 11, 2026 15:54 |
Alpha purchase |
Owner coldkey
Owner
|
τ6.266 |
323.99 Ѐ |
$1,812.84 |
#9260956 |
| Oct 11, 2026 15:54 |
Alpha purchase |
Owner coldkey
Owner
|
τ9.273 |
479.50 Ѐ |
$2,682.98 |
#9260956 |
| Oct 11, 2026 15:54 |
Alpha purchase |
Owner coldkey
Owner
|
τ9.273 |
479.50 Ѐ |
$2,682.98 |
#9260956 |
| Oct 10, 2026 15:49 |
Alpha purchase |
Owner coldkey
Owner
|
τ0.2451 |
12.96 Ѐ |
$69.55 |
#9253731 |
| Oct 10, 2026 15:49 |
Alpha purchase |
Owner coldkey
Owner
|
τ6.128 |
324.00 Ѐ |
$1,738.81 |
#9253731 |
| Oct 10, 2026 15:49 |
Alpha purchase |
Owner coldkey
Owner
|
τ9.069 |
479.52 Ѐ |
$2,573.43 |
#9253731 |
| Oct 10, 2026 15:49 |
Alpha purchase |
Owner coldkey
Owner
|
τ9.069 |
479.52 Ѐ |
$2,573.43 |
#9253731 |
* 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.