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
- Market cap
- $324K
τ1,164.66
- 24h volume
- —
- Volume / Mcap
- —
- Liquidity (TAO in pool)
- $384K
τ1,381.23
- Circulating supply
- 516K ן
2.5% of the 21M max
- Owner lock
- 22.4K ן 100.0% ∞
- Owner revenue / day
- $812.71
τ2.924
- Emission share
- 0.01%
of TAO emitted to subnets
- TAO emission / day
- τ0.2338
Technical data
- Alpha in pool
- 612,090.25 ן
- Circulating alpha
- 516,115.31 ן
- TAO emission / day
- τ0.2338
pool τ0.2338 · excess τ0
- Alpha emission / day
- 7,200.00 ן
- Root prop
- 46.52%
share of dividends to root validators
- EMA price (moving price)
- τ0.00221992
- Registered at block
- #8409860
- Last sync
- about 2 hours ago (block #9270249)
Market cap · 30d
$324K
τ1,164.66
2.75% / 24h ↗
24h volume
$0
—
Daily, 24 days
Supply
2.5%
516K ן
in circulation, out of 21M max
-
In circulation
516K ן · 2.5%
-
In the pool
612K ן · 2.9%
-
Not emitted yet
19.9M ן · 94.6%
Locks
$14.1K
4.3% of circulating supply
-
Owner lock
22.4K ן · 4.3%
-
Other holders (0)
0.00 ן · 0.0%
-
Not locked
494K ן · 95.7%
∞ Perpetual lock 22.4K ן · ↘ Decaying lock 0.00 ן
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)
$812.71
τ2.924 · 1,295.97 ן
Last 30 days
$29.2K
τ103.33
Last 90 days
$151K
τ695.86
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
22.4K ן
4.3% of circulating supply · $14.1K
Type
∞ Perpetual
Emission auto-lock disabled
Total on the owner hotkey
22.4K ן
∞ 22.4K · ↘ 0
Wallets locking
1
on the owner hotkey
| Coldkey | Hotkey | Alpha locked |
% circulating | Type | Last update |
|
5HeKCD…ZjThoU
Owner
|
owner hotkey |
22,427.90 ן |
4.35% |
∞ Perpetual |
#9218231
|
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 ן
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.
