In plain words
AIs that don't just answer but act: write code, do research, complete a task from start to finish, like an autonomous assistant.
Like:


Claude Code, Devin, Cursor
How Bittensor works →
Market cap · 30d
$292K
τ1,048.99
33.47% / 24h ↗
24h volume
$0
—
Daily, 24 days
Supply
0.8%
175K ن
in circulation, out of 21M max
-
In circulation
175K ن · 0.8%
-
In the pool
84.9K ن · 0.4%
-
Not emitted yet
20.7M ن · 98.8%
Locks
$0
0.0% of circulating supply
-
Owner lock
0.00 ن · 0.0%
-
Other holders (0)
0.00 ن · 0.0%
-
Not locked
175K ن · 100.0%
∞ Perpetual lock 0.00 ن · ↘ Decaying lock 0.00 ن
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)
$2,160.40
τ7.774 · 1,295.97 ن
Last 30 days
$53.8K
τ181.35
Last 90 days
$53.8K
τ181.35
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
0.00 ن
∞ 0 · ↘ 0
Wallets locking
0
on the owner hotkey
No lock on this subnet.
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 ن
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.