Bittensor (TAO) price

#38 in the top 100AI

$216.21−2.96%

Data as of November 11, 2026, 02:11 UTC+3, the price refreshes on the page

Bittensor (TAO) is a network that pays TAO tokens for useful AI and machine learning work.

Market cap: $2.53B
24h volume: $87.3M
Volume / market cap: 3.45%
Fully diluted value: $2.53B
Circulating supply: 11.7 M TAO
Total supply: 11.7 M TAO
Max supply: 21.0 M TAO
24h range: $212.63 … $223.45
All-time high: $757.60March 7, 2024

Bittensor chart

1 hour−0.63%

24 hours−2.96%

7 days−4.68%

30 days−25.24%

1 year−43.17%

Price in US dollars, data from CoinGecko

Analytics

What the numbers say about how the coin behaves. Based on hourly prices over 7 days and data as of November 11, 2026, 02:11 UTC+3.

Volatility

83%high

1.8× higher than Bitcoin over the same week.

Link to Bitcoin

0.85strong

Moves almost in step with Bitcoin. When Bitcoin moves 1%, TAO moves 1.6% on average.

From the all-time high

−71.46%far below

The high of $757.60 was set on March 7, 2024.

Liquidity

3.4%normal

A day’s trading equals 3.4% of market cap. Trades steadily, no frenzy.

Supply issued

56%over half

55.8% of the max supply is out.

Place in the week’s range

15%near the bottom

The week ranged from $212.48 to $237.17, with a max drawdown of −10.41%.

Market share

0.10%small

Share of the top-100 market cap.

What is Bittensor

Bittensor is an open network where participants perform machine learning tasks and earn TAO tokens for useful results. The idea comes from a whitepaper signed with the pseudonym Yuma Rao, the project was founded by former Google engineer Jacob Steeves and Ala Shaabana, and the protocol is developed by the nonprofit Opentensor Foundation. The network has been running since January 2021. There was no ICO and no premine: every TAO was issued as a reward for work on the network. Like Bitcoin, supply is capped at 21 million coins and issuance halves at set points, with the first halving in December 2025.

Work happens in subnets. Each subnet is a separate market with its own task, such as text generation, compute, data storage or predictions. Miners do the work, validators score it, and the Yuma Consensus algorithm turns those scores into rewards. By default a subnet’s emissions are split 41% to miners, 41% to validators and their stakers and 18% to the subnet’s creator. Since the Dynamic TAO upgrade in February 2025, every subnet has its own alpha token that trades against TAO in a liquidity pool. Everything is recorded on Subtensor, a Substrate-based chain with 12-second blocks. For now an approved set of validators produces blocks (proof of authority), and a switch to nominated proof of stake is only planned.

TAO is used for staking behind validators, registering miners and subnets, and paying network fees. Unlike projects that simply rent out GPUs, Bittensor pays for results that validators judge to be useful, and each subnet sets its own scoring rules.

What it’s used for

staking behind validators on the root network and subnets
registering miners, validators and new subnets
paying fees on the Subtensor blockchain

Risks

The network is still centralized: an approved set of validators produces blocks, and key protocol decisions rest with a small group tied to the Opentensor Foundation.
Emission and staking rules change often, and staking into a subnet turns TAO into that subnet’s alpha token, which can lose value against TAO.
Rewards depend on validator scores, so participants may game a subnet’s metrics instead of doing useful work, and developers have to keep revising the safeguards.

Questions

How much is Bittensor worth today?

As of November 11, 2026, Bittensor trades at $216.21. Over 24 hours the price moved −2.96%, over 7 days −4.68%. The price on this page refreshes automatically.

How many TAO are in circulation?

11.7 M TAO are in circulation. Max supply is 21.0 M TAO, so 55.8% has been issued. The fully diluted value of all coins is $2.53B.

What is the Bittensor all-time high?

The all-time high of $757.60 was set on March 7, 2024. The price is now 71.46% below it. The all-time low was $30.83 (May 14, 2023).

What are Bittensor subnets and alpha tokens?

A subnet is a separate market inside Bittensor with its own task and scoring rules, where miners do the work and validators check it. Since 2025 each subnet has its own alpha token: staking TAO into a subnet means swapping it for that subnet’s alpha.

Who created Bittensor?

The whitepaper is signed with the pseudonym Yuma Rao. The project was founded by Jacob Steeves and Ala Shaabana and is developed by the nonprofit Opentensor Foundation.

Prices and analytics are for information only and are not investment advice. Market data source: CoinGecko.