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)
- $14.9M
τ53.6K
- Circulating supply
- 4.11M ι
19.6% of the 21M max
- Owner lock
- —
- Owner revenue / day
- $8,830.68
τ31.78
- Emission share
- 3.09%
of TAO emitted to subnets
- TAO emission / day
- τ111.10
Technical data
- Alpha in pool
- 2,185,438.08 ι
- Circulating alpha
- 4,112,268.71 ι
- TAO emission / day
- τ111.10
pool τ23.80 · excess τ87.30
- Alpha emission / day
- 7,200.00 ι
- Root prop
- 13.48%
share of dividends to root validators
- EMA price (moving price)
- τ0.0245194
- Registered at block
- #1489797
- Last sync
- 18 minutes ago (block #9270249)
Market cap · 30d
$28M
τ101K
1.48% / 24h ↘
24h volume
$0
—
Daily, 24 days
Supply
19.6%
4.11M ι
in circulation, out of 21M max
-
In circulation
4.11M ι · 19.6%
-
In the pool
2.19M ι · 10.4%
-
Not emitted yet
14.7M ι · 70.0%
Locks
$3.86M
13.8% of circulating supply
-
Owner lock
0.00 ι · 0.0%
-
Other holders (11)
566K ι · 13.8%
-
Not locked
3.55M ι · 86.2%
∞ Perpetual lock 566K ι · ↘ Decaying lock 0.00 ι
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)
$8,830.68
τ31.78 · 1,295.97 ι
Last 30 days
$279K
τ991.07
Last 90 days
$803K
τ3,481.97
Daily revenue in USD (owner emissions × alpha price × TAO/USD of the day).
Alpha locks
on-chain state 41 minutes 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
566K ι
∞ 566K · ↘ 0
Wallets locking
11
on the owner hotkey
| Coldkey | Hotkey | Alpha locked |
% circulating | Type | Last update |
|
5GzuSU…3uJrp9
|
owner hotkey |
107,430.70 ι |
2.61% |
∞ Perpetual |
#9193471
|
|
5HMtFE…eS8CCx
|
owner hotkey |
97,804.33 ι |
2.38% |
∞ Perpetual |
#8865642
|
|
5FRG26…UvpVjd
|
owner hotkey |
92,165.75 ι |
2.24% |
∞ Perpetual |
#9193454
|
|
5ChVPJ…Q6uthU
|
owner hotkey |
71,541.58 ι |
1.74% |
∞ Perpetual |
#9268933
|
|
5Hqad9…MMYmF2
|
owner hotkey |
60,110.28 ι |
1.46% |
∞ Perpetual |
#9193274
|
|
5F9zu8…jUGKXQ
|
owner hotkey |
46,994.81 ι |
1.14% |
∞ Perpetual |
#9193475
|
|
5DEnE7…CrsJuJ
|
owner hotkey |
31,946.27 ι |
0.78% |
∞ Perpetual |
#9193287
|
|
5EHNAp…5NDGTd
|
owner hotkey |
24,313.89 ι |
0.59% |
∞ Perpetual |
#9193299
|
|
5F1tSe…ZCgxSk
|
owner hotkey |
18,485.26 ι |
0.45% |
∞ Perpetual |
#9193459
|
|
5DXujY…HJUotz
|
owner hotkey |
8,158.82 ι |
0.20% |
∞ Perpetual |
#9193279
|
|
5H3W6q…Koo4uC
|
owner hotkey |
7,535.32 ι |
0.18% |
∞ Perpetual |
#9193265
|
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 ι
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.