In plain words
The pipes of the internet: storing files, moving data around, private connections.
Like:


Dropbox, Cloudflare, NordVPN
How Bittensor works →
Statistics
- 24h volume
- —
- Volume / Mcap
- —
- Liquidity (TAO in pool)
- $9.46M
τ34K
- Circulating supply
- 3.86M م
18.4% of the 21M max
- Owner lock
- 100K م 18.1% ∞
- Owner revenue / day
- $6,360.82
τ22.89
- Emission share
- 2.10%
of TAO emitted to subnets
- TAO emission / day
- τ75.73
Technical data
- Alpha in pool
- 1,926,593.65 م
- Circulating alpha
- 3,864,193.64 م
- TAO emission / day
- τ75.73
pool τ18.43 · excess τ57.30
- Alpha emission / day
- 7,200.00 م
- Root prop
- 14.49%
share of dividends to root validators
- EMA price (moving price)
- τ0.0176016
- Registered at block
- #5102795
- Last sync
- about 1 hour ago (block #9270249)
Market cap · 30d
$19M
τ68.2K
0.03% / 24h ↗
24h volume
$0
—
Daily, 24 days
Supply
18.4%
3.86M م
in circulation, out of 21M max
-
In circulation
3.86M م · 18.4%
-
In the pool
1.93M م · 9.2%
-
Not emitted yet
15.2M م · 72.4%
Locks
$2.71M
14.3% of circulating supply
-
Owner lock
100K م · 2.6%
-
Other holders (2)
453K م · 11.7%
-
Not locked
3.31M م · 85.7%
∞ Perpetual lock 553K م · ↘ Decaying lock 0.00 م
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)
$6,360.82
τ22.89 · 1,295.97 م
Last 30 days
$177K
τ623.14
Last 90 days
$471K
τ2,002.77
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
100K م
2.6% of circulating supply · $491K
Type
∞ Perpetual
Emission auto-lock disabled
Total on the owner hotkey
553K م
∞ 553K · ↘ 0
Wallets locking
3
on the owner hotkey
| Coldkey | Hotkey | Alpha locked |
% circulating | Type | Last update |
|
5HMtFE…eS8CCx
|
owner hotkey |
281,595.57 م |
7.29% |
∞ Perpetual |
#8865642
|
|
5Hqad9…MMYmF2
|
owner hotkey |
171,014.19 م |
4.43% |
∞ Perpetual |
#9193274
|
|
5DAQpc…fHAw3a
Owner
|
owner hotkey |
100,000.00 م |
2.59% |
∞ Perpetual |
#9244037
|
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 م
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.