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
- $1.23M
τ4,420.81
- 24h volume
- —
- Volume / Mcap
- —
- Liquidity (TAO in pool)
- $747K
τ2,687.80
- Circulating supply
- 956K ᚛
4.6% of the 21M max
- Owner lock
- 51.6K ᚛ 23.1% ∞ auto
- Owner revenue / day
- $1,666.24
τ5.996
- Emission share
- 0.01%
of TAO emitted to subnets
- TAO emission / day
- τ0.4804
Technical data
- Alpha in pool
- 580,955.89 ᚛
- Circulating alpha
- 955,538.02 ᚛
- TAO emission / day
- τ0.4804
pool τ0.4804 · excess τ0
- Alpha emission / day
- 7,200.00 ᚛
- Root prop
- 38.98%
share of dividends to root validators
- EMA price (moving price)
- τ0.00449017
- Registered at block
- #7692872
- Last sync
- about 2 hours ago (block #9270249)
Market cap · 30d
$1.23M
τ4,420.81
17.89% / 24h ↗
24h volume
$0
—
Daily, 24 days
Supply
4.6%
956K ᚛
in circulation, out of 21M max
-
In circulation
956K ᚛ · 4.6%
-
In the pool
581K ᚛ · 2.8%
-
Not emitted yet
19.5M ᚛ · 92.7%
Locks
$286K
23.3% of circulating supply
-
Owner lock
51.6K ᚛ · 5.4%
-
Other holders (6)
171K ᚛ · 17.9%
-
Not locked
733K ᚛ · 76.7%
∞ Perpetual lock 209K ᚛ · ↘ Decaying lock 14.3K ᚛
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)
$1,666.24
τ5.996 · 1,295.97 ᚛
Last 30 days
$52.7K
τ187.83
Last 90 days
$212K
τ952.06
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
51.6K ᚛
5.4% of circulating supply · $66.3K
Type
∞ Perpetual
Owner emissions auto-locked
Total on the owner hotkey
223K ᚛
∞ 209K · ↘ 14.3K
Wallets locking
7
on the owner hotkey
| Coldkey | Hotkey | Alpha locked |
% circulating | Type | Last update |
|
5FJwhC…ts9peb
|
owner hotkey |
84,322.53 ᚛ |
8.82% |
∞ Perpetual |
#9270085
|
|
5H3UwE…DwqrdQ
|
owner hotkey |
71,987.48 ᚛ |
7.53% |
∞ Perpetual |
#9269778
|
|
5CGq1J…ELpw7X
Owner
|
owner hotkey |
51,572.60 ᚛ |
5.40% |
∞ Perpetual |
#9270085
|
|
5HckXY…QrTZbD
|
owner hotkey |
8,869.84 ᚛ |
0.93% |
↘ Decaying |
#8562467
|
|
5EGwaV…aZdiVu
|
owner hotkey |
7,312.07 ᚛ |
0.77% |
↘ Decaying |
#9268815
|
|
5HMtFE…eS8CCx
|
owner hotkey |
676.14 ᚛ |
0.07% |
∞ Perpetual |
#8865642
|
|
5EFCWK…ju4nUS
|
owner hotkey |
10.00 ᚛ |
0.00% |
∞ Perpetual |
#8965678
|
See the 20 latest lock events
-
Oct 12 22:05
Alpha lock
64.80 ᚛
owner
#9270011
-
Oct 12 20:53
Alpha lock
64.80 ᚛
owner
#9269651
-
Oct 12 19:41
Alpha lock
64.80 ᚛
owner
#9269291
-
Oct 12 18:29
Alpha lock
64.80 ᚛
owner
#9268931
-
Oct 12 17:17
Alpha lock
64.80 ᚛
owner
#9268571
-
Oct 12 16:05
Alpha lock
64.80 ᚛
owner
#9268211
-
Oct 12 14:53
Alpha lock
64.80 ᚛
owner
#9267851
-
Oct 12 13:41
Alpha lock
64.80 ᚛
owner
#9267491
-
Oct 12 12:29
Alpha lock
64.80 ᚛
owner
#9267131
-
Oct 12 11:17
Alpha lock
64.80 ᚛
owner
#9266771
-
Oct 12 10:05
Alpha lock
64.80 ᚛
owner
#9266411
-
Oct 12 08:53
Alpha lock
64.80 ᚛
owner
#9266051
-
Oct 12 07:41
Alpha lock
64.80 ᚛
owner
#9265691
-
Oct 12 06:29
Alpha lock
64.80 ᚛
owner
#9265331
-
Oct 12 05:17
Alpha lock
64.80 ᚛
owner
#9264971
-
Oct 12 04:05
Alpha lock
64.80 ᚛
owner
#9264611
-
Oct 12 02:53
Alpha lock
64.80 ᚛
owner
#9264251
-
Oct 12 01:41
Alpha lock
64.80 ᚛
owner
#9263891
-
Oct 12 00:29
Alpha lock
64.80 ᚛
owner
#9263531
-
Oct 11 23:17
Alpha lock
64.80 ᚛
owner
#9263171
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 ᚛
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.