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
- $2.48M
τ8,939.75
- 24h volume
- —
- Volume / Mcap
- —
- Liquidity (TAO in pool)
- $1.67M
τ6,004.12
- Circulating supply
- 3.64M ص
17.3% of the 21M max
- Owner lock
- —
- Owner revenue / day
- $884.07
τ3.181
- Emission share
- 0.00%
of TAO emitted to subnets
- TAO emission / day
- τ0.001181
Technical data
- Alpha in pool
- 2,445,936.28 ص
- Circulating alpha
- 3,641,841.61 ص
- TAO emission / day
- τ0.001181
pool τ0.001181 · excess τ0
- Alpha emission / day
- 7,200.00 ص
- Root prop
- 13.88%
share of dividends to root validators
- EMA price (moving price)
- τ0.00235663
- Registered at block
- #4950813
- Last sync
- about 2 hours ago (block #9270249)
Market cap · 30d
$2.48M
τ8,939.75
10.74% / 24h ↗
24h volume
$0
—
Daily, 24 days
Supply
17.3%
3.64M ص
in circulation, out of 21M max
-
In circulation
3.64M ص · 17.3%
-
In the pool
2.45M ص · 11.6%
-
Not emitted yet
14.9M ص · 71.0%
Locks
$117K
4.7% of circulating supply
-
Owner lock
0.00 ص · 0.0%
-
Other holders (2)
172K ص · 4.7%
-
Not locked
3.47M ص · 95.3%
∞ Perpetual lock 172K ص · ↘ Decaying lock 0.00 ص
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)
$884.07
τ3.181 · 1,295.97 ص
Last 30 days
$23.5K
τ83.01
Last 90 days
$73.7K
τ320.65
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
172K ص
∞ 172K · ↘ 0
Wallets locking
2
on the owner hotkey
| Coldkey | Hotkey | Alpha locked |
% circulating | Type | Last update |
|
5E8ki5…YoNSXW
|
owner hotkey |
100,000.00 ص |
2.75% |
∞ Perpetual |
#9172054
|
|
5HMtFE…eS8CCx
|
owner hotkey |
71,794.15 ص |
1.97% |
∞ 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 ص
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.