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)
- $2.12M
τ7,613.04
- Circulating supply
- 3.39M β
16.1% of the 21M max
- Owner lock
- 845K β 73.8% ∞
- Owner revenue / day
- $1,068.54
τ3.845
- Emission share
- 0.00%
of TAO emitted to subnets
- TAO emission / day
- τ0.0009072
Technical data
- Alpha in pool
- 2,565,953.26 β
- Circulating alpha
- 3,385,385.59 β
- TAO emission / day
- τ0.0009072
pool τ0.0009072 · excess τ0
- Alpha emission / day
- 7,200.00 β
- Root prop
- 14.16%
share of dividends to root validators
- EMA price (moving price)
- τ0.00296109
- Registered at block
- #2734060
- Last sync
- about 1 hour ago (block #9270249)
Market cap · 30d
$2.79M
τ10K
1.03% / 24h ↘
24h volume
$0
—
Daily, 24 days
Supply
16.1%
3.39M β
in circulation, out of 21M max
-
In circulation
3.39M β · 16.1%
-
In the pool
2.57M β · 12.2%
-
Not emitted yet
15M β · 71.7%
Locks
$944K
33.8% of circulating supply
-
Owner lock
845K β · 25.0%
-
Other holders (3)
300K β · 8.8%
-
Not locked
2.24M β · 66.2%
∞ Perpetual lock 1.14M β · ↘ Decaying lock 0.00 β
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)
$1,068.54
τ3.845 · 1,295.97 β
Last 30 days
$32.6K
τ114.89
Last 90 days
$98K
τ427.58
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
845K β
25.0% of circulating supply · $697K
Type
∞ Perpetual
Emission auto-lock disabled
Total on the owner hotkey
1.14M β
∞ 1.14M · ↘ 0
Wallets locking
4
on the owner hotkey
| Coldkey | Hotkey | Alpha locked |
% circulating | Type | Last update |
|
5EcYQ3…az7avY
Owner
|
owner hotkey |
844,988.92 β |
24.96% |
∞ Perpetual |
#8486593
|
|
5HMtFE…eS8CCx
|
owner hotkey |
183,794.59 β |
5.43% |
∞ Perpetual |
#8865642
|
|
5F9zu8…jUGKXQ
|
owner hotkey |
75,852.79 β |
2.24% |
∞ Perpetual |
#9193475
|
|
5H5rWB…pAZcfU
|
owner hotkey |
39,871.97 β |
1.18% |
∞ Perpetual |
#9193466
|
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 β
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.
