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)
- $21M
τ75.5K
- Circulating supply
- 2.74M ⴷ
13.0% of the 21M max
- Owner lock
- 39.6K ⴷ 56.9% ↘
- Owner revenue / day
- $15.8K
τ56.94
- Emission share
- 5.70%
of TAO emitted to subnets
- TAO emission / day
- τ205.24
Technical data
- Alpha in pool
- 1,719,193.84 ⴷ
- Circulating alpha
- 2,736,038.25 ⴷ
- TAO emission / day
- τ205.24
pool τ57.10 · excess τ148.14
- Alpha emission / day
- 7,200.00 ⴷ
- Root prop
- 18.05%
share of dividends to root validators
- EMA price (moving price)
- τ0.0441257
- Registered at block
- #5749344
- Last sync
- 18 minutes ago (block #9270249)
Market cap · 30d
$33.4M
τ120K
2.47% / 24h ↘
24h volume
$0
—
Daily, 24 days
Supply
13.0%
2.74M ⴷ
in circulation, out of 21M max
-
In circulation
2.74M ⴷ · 13.0%
-
In the pool
1.72M ⴷ · 8.2%
-
Not emitted yet
16.5M ⴷ · 78.8%
Locks
$850K
2.5% of circulating supply
-
Owner lock
39.6K ⴷ · 1.4%
-
Other holders (1)
30K ⴷ · 1.1%
-
Not locked
2.67M ⴷ · 97.5%
∞ Perpetual lock 17.40 ⴷ · ↘ Decaying lock 69.6K ⴷ
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)
$15,822.59
τ56.94 · 1,295.97 ⴷ
Last 30 days
$516K
τ1,829.17
Last 90 days
$1.42M
τ6,108.62
Daily revenue in USD (owner emissions × alpha price × TAO/USD of the day).
Alpha locks
on-chain state 41 minutes 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
39.6K ⴷ
1.4% of circulating supply · $484K
Type
↘ Decaying
Emission auto-lock disabled
Total on the owner hotkey
69.6K ⴷ
∞ 17.4 · ↘ 69.6K
Wallets locking
2
on the owner hotkey
| Coldkey | Hotkey | Alpha locked |
% circulating | Type | Last update |
|
5EfNFh…Kqknak
Owner
|
owner hotkey |
39,621.14 ⴷ |
1.45% |
↘ Decaying |
#9239413
|
|
5HMtFE…eS8CCx
|
owner hotkey |
17.40 ⴷ |
0.00% |
∞ 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 ⴷ
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.
