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)
- $9.35M
τ33.6K
- Circulating supply
- 3.33M ε
15.9% of the 21M max
- Owner lock
- —
- Owner revenue / day
- $4,563.83
τ16.42
- Emission share
- 1.34%
of TAO emitted to subnets
- TAO emission / day
- τ48.30
Technical data
- Alpha in pool
- 2,654,008.29 ε
- Circulating alpha
- 3,334,229.86 ε
- TAO emission / day
- τ48.30
pool τ12.85 · excess τ35.46
- Alpha emission / day
- 7,200.00 ε
- Root prop
- 14.08%
share of dividends to root validators
- EMA price (moving price)
- τ0.0127141
- Registered at block
- #2491604
- Last sync
- about 1 hour ago (block #9270249)
Market cap · 30d
$11.7M
τ42.3K
2.07% / 24h ↘
24h volume
$0
—
Daily, 24 days
Supply
15.9%
3.33M ε
in circulation, out of 21M max
-
In circulation
3.33M ε · 15.9%
-
In the pool
2.65M ε · 12.6%
-
Not emitted yet
15M ε · 71.5%
Locks
$23.4K
0.2% of circulating supply
-
Owner lock
0.00 ε · 0.0%
-
Other holders (1)
6,649.82 ε · 0.2%
-
Not locked
3.33M ε · 99.8%
∞ Perpetual lock 6,649.82 ε · ↘ Decaying lock 0.00 ε
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)
$4,563.83
τ16.42 · 1,295.97 ε
Last 30 days
$137K
τ480.93
Last 90 days
$363K
τ1,550.74
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.
Type
—
Emission auto-lock disabled
Total on the owner hotkey
6,649.82 ε
∞ 6.65K · ↘ 0
Wallets locking
1
on the owner hotkey
| Coldkey | Hotkey | Alpha locked |
% circulating | Type | Last update |
|
5HMtFE…eS8CCx
|
owner hotkey |
6,649.82 ε |
0.20% |
∞ 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 ε
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.
