Bittensor (TAO) trades at $203.13, up 1.4% over the past 30 days. Its market cap — supply times price — is $1.9B, the 42-largest in crypto. Over a year it is -48% (down), and it sits -73% from its all-time high. Total value locked on this chain is $44.9M, or 0.02x its market cap. On tradability, the book is thin, so incoming money moves the price easily. Taken together, the overall heat score is 14 (COLD). A higher number means more of the conditions for a rally are in place — it is not a price forecast.
One-year chart (daily close; hover for the price)
Candlestick chart (about a year; green = up, red = down; hover for OHLC)
Each candle shows the open, high, low and close for its period.
Price
$203.13
Market cap
$1.9B
FDV
$4.3B
24h volume
$74.8M
24h / 7d / 30d
+1.7% / +5.6% / +1.4%
From ATH
-73.2%
Chain TVL
$44.9M
Circulating / total
46%
Chain fees / day
$12,634
a proxy for real usage
GitHub activity
★1,466
7 commits in the past 4 weeks (via CoinGecko)
Community bullish
55%
CoinGecko poll
⚠ FDV is 2.2x market cap — watch for selling pressure from supply still to unlock
Profile What kind of asset is Bittensor?
A mechanical read on Bittensor (TAO) from market data — a first impression to start from, not a verdict.
Market size
Large cap
A large-cap asset inside the top 50 (ranked #42)
Price swings
Moderate (24h range 3.1%)
Price movement within a normal range
Liquidity (24h volume)
Normal
Volume at a typical level
Dilution risk
Moderate (46% circulating)
A meaningful share is still locked; future unlocks are worth watching
Long-term trend
Down over 1 year (-48%)
The direction on a longer time frame
A qualitative summary based on market data. This is not investment advice.
Overview What is Bittensor
Bittensor is an open-source protocol that powers a decentralized, blockchain-based machine learning network. Machine learning models train collaboratively and are rewarded in TAO according to the informational value they offer the collective. TAO also grants external access, allowing users to extract information from the network while tuning its activities to their needs.
Ultimately, BitTensors vision is to create a pure market for artificial intelligence, an incentivized arena in which consumers and producers of this valuable commodity can interact in a trustless, open and transparent context.
Bittensor enables:
-A novel, optimized strategy for the development and distribution of artificial intelligence technology by leveraging the possibilities of a distributed ledger. Specifically, its facilitation of open access/ownership, decentralized governance, and the ability to harness globally-distributed resources of computing power and innovation within an incentivized framework.
The description is based on public information from CoinGecko.This is information, not investment advice.
Price detail Price levels for Bittensor
Key price levels for Bittensor (TAO). Crypto is divisible, so you can buy well under a whole coin.
Current price
$203.13
as of 2026-08-14
24h range
$197.17 – $203.56
Low to high over the past 24 hours
All-time high
$757.6
The highest price on record (2024-03-07)
Distance from ATH
-73.2%
A new high would take about 3.7x the current price
All-time low
$30.83
The lowest price on record (2023-05-14)
Distance from ATL
+559%
About 7x its all-time low
Where it sits in today's range
Low $197Near the top of today's rangeHigh $204
Signals Catalysts currently in play (auto-extracted)
🏔️
Far below its all-time high
Trading -73% from its all-time high. Recovering that ground would take a substantial return of demand — and a discount this large usually has a reason worth checking.
⛓️
The chain sees some use
Recent chain fees run about $12,634 per day. Fees stand in for real usage of the chain.
These signals are extracted automatically by deterministic rules from the data on this page — price, volume, unlocks, development activity and chain usage. They do not forecast prices, and they contain no social-media rumour or speculation.This is not investment advice.
Returns Performance by period
Returns over each period, so you can compare short-term momentum against the longer-term trend at a glance. Positive is a gain, negative a loss.
1 hour
+0.0%
24 hours
+1.7%
1 week
+5.6%
2 weeks
+5.3%
1 month
+1.4%
200 days
-10.3%
1 year
-48.4%
Over the past 30 days it has moved roughly in line with Bitcoin (-2.2%), the market's benchmark. (TAO: +1.4%)
Past performance, which does not guarantee future results.
Supply Who controls the supply
Of the current total supply of 21,000,000 TAO, 46% is on the market today. The remaining 54% has been issued but is not circulating — locked, vesting, or held back.
Circulating 46%Issued but locked 54%
Market cap vs FDV (the dilution already priced in)
Market cap
$1.9B
Value of the circulating supply
FDV (fully diluted)
$4.3B
If the entire supply were circulating
Fully diluted valuation is about 2.2x the current market cap, leaving a meaningful amount of future supply still to arrive.
External links point to each project's own official pages.We do not vouch for what those pages contain.
Heat score Heat factor breakdown
14
Heat scoreCOLDOverall heat score
How the overall score is built: market gate 42 (applied to everything) × geometric mean of the four factors 34 (momentum, liquidity, fundamentals and supply, multiplied together) → 14. It is not a simple average: a weak market holds the whole score down, and a single weak factor drags the rest with it.
Factor breakdown (0–100; higher means more conditions are in place)
Regime (market gate)gate
42
→ The market gate is neutral. Asset-specific factors decide this one.
Momentum
60
→ The trend is flat — no clear direction yet.
Liquidity (traded volume depth)
100
→ Volume is deep enough that a move is one you could actually participate in.
Fundamentals (TVL / market cap)
5
→ Little capital is locked relative to market cap, or the asset is outside TVL coverage.
Supply lightness
46
→ Supply is partway through being released.
Development activity → 7 code updates in the last four weeks — on the quiet side.
Standard-score profile, compared against every asset on the site (50 is the mean). It shows where this asset sits in the population on each metric; higher is always the better direction.
A relative position within the assets covered here, not an absolute rating.
Watch Scheduled-unlock timeline (supply, tracked over time)
Next up: 2029-10-10 (Liquidity mining).
2029-10-10
Liquidity mining
37,800 TAO(0.39% of circulating supply) $7.7M
2033-10-07
Liquidity mining
18,900 TAO(0.20% of circulating supply) $3.8M
2037-10-05
Liquidity mining
7,875 TAO(0.08% of circulating supply) $1.6M
2049-09-27
Liquidity mining
2,362 TAO(0.02% of circulating supply) $0.5M
2053-09-24
Liquidity mining
1,181 TAO(0.01% of circulating supply) $0.2M
2057-09-21
Liquidity mining
591 TAO(0.01% of circulating supply) $0.1M
2061-09-19
Liquidity mining
295 TAO(0.00% of circulating supply) $0.1M
2065-09-16
Liquidity mining
148 TAO(0.00% of circulating supply) $0.0M
Scheduled future token unlocks, as compiled by DefiLlama. Red dots mark insider allocations — team, investors and sale rounds, the categories that have historically tended to bring sell pressure (a factual classification; whether the tokens are actually sold is a separate matter). Dates and amounts follow the issuer's disclosures and vesting contracts and are subject to change.Source: DefiLlama Emissions (free dataset)
Reference / calculator Dilution simulator (run it on your own assumptions)
This is a calculator you drive. Every number below follows from the assumptions you set — it is not our price forecast and not a recommendation. Unlocked tokens are not necessarily sold; the defaults are one illustration among many.
Assume the unlocked tokens reach the market, and see the theoretical impact of that supply dilution on price.
Move the sliders: more selling = larger impact, more absorption = smaller impact. The impact is a rough approximation that assumes added supply dilutes price linearly, all else equal.
Unlocked in period
–
of circulating supply –
Effective supply reaching the market
–
share sold x (1 - absorption)
Implied price after dilution
–
–
Presets:
This simplifies price to "dilutes in proportion to added supply, all else equal". Real prices move on flows, narrative and macro. It is not a single forecast.Sources: unlock schedule from DefiLlama; supply and price from CoinGecko. Information only, not investment advice.
Related Structurally similar assets (shared categories)
Similarity computed from shared CoinGecko categories rather than an industry taxonomy. Assets in the same L1 ecosystem or with the same use case tend to share capital flows and market conditions.
FAQ Bittensor — frequently asked questions
What is Bittensor (TAO)?
Bittensor is an open-source protocol that powers a decentralized, blockchain-based machine learning network. Read more →
What is the current price of Bittensor (TAO)?
$203.13 as of 2026-08-14. The price moves daily, and this page is rebuilt every day.
What is the market cap of Bittensor (TAO)?
About $1.9B as of 2026-08-14, which ranks #42 across all crypto assets.
What is Bittensor's heat score, and what does it mean?
The heat score is 14 (COLD) as of 2026-08-14. It is our own 0–100 measure of how many of the conditions a rally needs — momentum, tradable volume, light supply and a supportive market — are currently in place. It is not a price forecast. The model multiplies its factors, so a single missing condition holds the whole score down.
What is the supply of Bittensor (TAO)?
As of 2026-08-14, 9,597,491 TAO is in circulation out of a total supply of 21,000,000 TAO — about 46%. The remainder may reach the market through future unlocks.
When is the next token unlock for Bittensor (TAO)?
The next one is scheduled for around 2029-10-10 (source: DefiLlama). Unlocks add potential selling pressure. The unlock timeline further down this page has the breakdown.
What is the all-time high for Bittensor (TAO)?
The all-time high on record as of 2026-08-14 is $757.6.The price is $203.13 today, -73.2% from that high.
How much Bittensor (TAO) can I buy with $100?
At the 2026-08-14 price ($203.13), $100 buys roughly 0.4923 TAO before fees and spread. Crypto is divisible, so you do not need to buy a whole coin.
Will Bittensor (TAO) go up? What are its prospects?
We do not forecast prices or give investment advice. What this page does is track Bittensor every day through factual data — the heat score, supply structure, charts and development activity. Use it as material for your own judgement; the decision is yours.
Is the Bittensor chain actually being used?
As of 2026-08-14, chain fees over the past day came to about $12,634. Fees stand in for real demand for block space.
Where can I buy or trade Bittensor (TAO)?
It trades on major crypto exchanges. Which venues you can use depends on where you live, so check what is licensed in your own jurisdiction. This is information, not a recommendation of any asset or exchange.
The prices, market caps and heat scores above are as of 2026-08-14 and change daily.This is information, not investment advice.
Updated 2026-08-14 · rebuilt daily This site provides information based on public data. It is not investment advice or a solicitation to buy or sell. The heat score is a deterministic, relative indicator computed by a fixed formula; it does not predict future prices. Trading crypto assets involves risk, including price volatility. Make your own decisions. Data provided by CoinGecko · TVL / fees / stablecoins: DefiLlama · Fear & Greed: alternative.me Operated by InSync Inc.