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)
- $4.77M
τ17.2K
- Circulating supply
- 2.57M ᚠ
12.2% of the 21M max
- Owner lock
- —
- Owner revenue / day
- $2,018.53
τ7.264
- Emission share
- 0.00%
of TAO emitted to subnets
- TAO emission / day
- τ0.01763
Technical data
- Alpha in pool
- 3,064,875.96 ᚠ
- Circulating alpha
- 2,570,888.46 ᚠ
- TAO emission / day
- τ0.01763
pool τ0.01763 · excess τ0
- Alpha emission / day
- 7,200.00 ᚠ
- Root prop
- 14.83%
share of dividends to root validators
- EMA price (moving price)
- τ0.00567311
- Registered at block
- #5203057
- Last sync
- about 2 hours ago (block #9270249)
Market cap · 30d
$4M
τ14.4K
4.01% / 24h ↘
24h volume
$0
—
Daily, 24 days
Supply
12.2%
2.57M ᚠ
in circulation, out of 21M max
-
In circulation
2.57M ᚠ · 12.2%
-
In the pool
3.06M ᚠ · 14.6%
-
Not emitted yet
15.4M ᚠ · 73.2%
Locks
$726K
18.1% of circulating supply
-
Owner lock
0.00 ᚠ · 0.0%
-
Other holders (4)
466K ᚠ · 18.1%
-
Not locked
2.1M ᚠ · 81.9%
∞ Perpetual lock 203K ᚠ · ↘ Decaying lock 263K ᚠ
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)
$2,018.53
τ7.264 · 1,295.97 ᚠ
Last 30 days
$63.3K
τ222.99
Last 90 days
$189K
τ819.83
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.
Type
—
Emission auto-lock disabled
Total on the owner hotkey
466K ᚠ
∞ 203K · ↘ 263K
Wallets locking
4
on the owner hotkey
| Coldkey | Hotkey | Alpha locked |
% circulating | Type | Last update |
|
5FS1KL…V2g56p
|
owner hotkey |
255,004.08 ᚠ |
9.92% |
↘ Decaying |
#9164033
|
|
5HMtFE…eS8CCx
|
owner hotkey |
203,423.71 ᚠ |
7.91% |
∞ Perpetual |
#8865642
|
|
5GBb1Y…Ev9GVm
|
owner hotkey |
2,209.44 ᚠ |
0.09% |
↘ Decaying |
#9106978
|
|
5FFNhW…H7cMUP
|
owner hotkey |
25.43 ᚠ |
0.00% |
↘ Decaying |
#9020854
|
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 ᚠ
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.