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
- Market cap
- $1.86M
τ6,680.89
- 24h volume
- —
- Volume / Mcap
- —
- Liquidity (TAO in pool)
- $1.48M
τ5,314.31
- Circulating supply
- 2.55M 𑀂
12.2% of the 21M max
- Owner lock
- 219K 𑀂 96.9% ∞
- Owner revenue / day
- $941.75
τ3.389
- Emission share
- 0.01%
of TAO emitted to subnets
- TAO emission / day
- τ0.4567
Technical data
- Alpha in pool
- 2,032,326.65 𑀂
- Circulating alpha
- 2,554,945.26 𑀂
- TAO emission / day
- τ0.4567
pool τ0.4567 · excess τ0
- Alpha emission / day
- 7,200.00 𑀂
- Root prop
- 17.62%
share of dividends to root validators
- EMA price (moving price)
- τ0.00263431
- Registered at block
- #5834408
- Last sync
- about 1 hour ago (block #9270249)
Market cap · 30d
$1.86M
τ6,680.89
2.73% / 24h ↘
24h volume
$0
—
Daily, 24 days
Supply
12.2%
2.55M 𑀂
in circulation, out of 21M max
-
In circulation
2.55M 𑀂 · 12.2%
-
In the pool
2.03M 𑀂 · 9.7%
-
Not emitted yet
16.4M 𑀂 · 78.2%
Locks
$164K
8.8% of circulating supply
-
Owner lock
219K 𑀂 · 8.6%
-
Other holders (2)
7,023.66 𑀂 · 0.3%
-
Not locked
2.33M 𑀂 · 91.2%
∞ Perpetual lock 226K 𑀂 · ↘ Decaying lock 0.00 𑀂
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)
$941.75
τ3.389 · 1,295.97 𑀂
Last 30 days
$30.2K
τ106.40
Last 90 days
$85.4K
τ367.34
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
219K 𑀂
8.6% of circulating supply · $159K
Type
∞ Perpetual
Emission auto-lock disabled
Total on the owner hotkey
226K 𑀂
∞ 226K · ↘ 0
Wallets locking
3
on the owner hotkey
| Coldkey | Hotkey | Alpha locked |
% circulating | Type | Last update |
|
5DTzv2…eyL3C4
Owner
|
owner hotkey |
219,000.00 𑀂 |
8.57% |
∞ Perpetual |
#9257463
|
|
5HMtFE…eS8CCx
|
owner hotkey |
6,923.66 𑀂 |
0.27% |
∞ Perpetual |
#8865642
|
|
5DmLUZ…T1pfBz
|
owner hotkey |
100.00 𑀂 |
0.00% |
∞ Perpetual |
#9106335
|
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 𑀂
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.