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)
- $2.4M
τ8,618.38
- Circulating supply
- 3.61M ץ
17.2% of the 21M max
- Owner lock
- 125K ץ 69.4% ∞
- Owner revenue / day
- $1,320.12
τ4.750
- Emission share
- 0.00%
of TAO emitted to subnets
- TAO emission / day
- τ0.1368
Technical data
- Alpha in pool
- 2,351,235.29 ץ
- Circulating alpha
- 3,614,362.43 ץ
- TAO emission / day
- τ0.1368
pool τ0.1368 · excess τ0
- Alpha emission / day
- 7,200.00 ץ
- Root prop
- 14.13%
share of dividends to root validators
- EMA price (moving price)
- τ0.00367618
- Registered at block
- #3919107
- Last sync
- about 3 hours ago (block #9270249)
Market cap · 30d
$3.68M
τ13.2K
4.87% / 24h ↘
24h volume
$0
—
Daily, 24 days
Supply
17.2%
3.61M ץ
in circulation, out of 21M max
-
In circulation
3.61M ץ · 17.2%
-
In the pool
2.35M ץ · 11.2%
-
Not emitted yet
15M ץ · 71.6%
Locks
$183K
5.0% of circulating supply
-
Owner lock
125K ץ · 3.5%
-
Other holders (1)
55K ץ · 1.5%
-
Not locked
3.43M ץ · 95.0%
∞ Perpetual lock 152K ץ · ↘ Decaying lock 27.9K ץ
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)
$1,320.12
τ4.750 · 1,295.97 ץ
Last 30 days
$39K
τ137.79
Last 90 days
$118K
τ516.58
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.
Locked by the owner
125K ץ
3.5% of circulating supply · $127K
Type
∞ Perpetual
Emission auto-lock disabled
Total on the owner hotkey
180K ץ
∞ 152K · ↘ 27.9K
Wallets locking
2
on the owner hotkey
| Coldkey | Hotkey | Alpha locked |
% circulating | Type | Last update |
|
5Ft9E2…3aEYg7
Owner
|
owner hotkey |
125,000.38 ץ |
3.46% |
∞ Perpetual |
#9234703
|
|
5HMtFE…eS8CCx
|
owner hotkey |
27,182.73 ץ |
0.75% |
∞ 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 ץ
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.
