Trade dTAO Subnet Tokens

Real-time AMM markets for every Bittensor subnet. Swap TAO for dTAO, track reserve depth, and stake into the AI networks you believe in.

All Markets

Live dTAO prices across all active subnets, sorted by rank.

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Open the full trading view to swap TAO for dTAO across any subnet.

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Frequently Asked Questions

What is dTAO?: dTAO (decentralized TAO) is the subnet-specific token system on Bittensor. Each subnet has its own dTAO token priced by an on-chain AMM against TAO. When you buy dTAO, you are staking into that subnet and gaining exposure to its performance and emissions.
How does dTAO trading work?: dTAO trades execute through an on-chain AMM (automated market maker) built into the Bittensor protocol. Each subnet maintains a TAO/dTAO liquidity reserve. Prices are determined algorithmically by the reserve ratio — no order books or counterparties required.
What fees are involved in dTAO trading?: dTAO swaps incur a small on-chain transaction fee paid in TAO. There are no additional trading fees, spreads, or platform charges. The AMM price is deterministic based on the reserve curve, so you always know the exact rate before confirming a trade.

Loading dTAO markets

All Markets

Live dTAO prices across all active subnets, sorted by rank.

Subnet	Price (TAO)	TAO Reserve
SN96	2909616012574340608.000000	1,705,759,824	Trade
SN64	83442558805906160.000000	212,754,600,275,202	Trade
SN120	77156957942925104.000000	89,964,373,587,865	Trade
SN97	56050522970088304.000000	1,945,610,764,506	Trade
SN51	50211509851202488.000000	107,928,366,202,069	Trade
SN44	35058930492398060.000000	55,683,681,992,273	Trade
SN62	27492886380345136.000000	47,063,151,422,431	Trade
SN75	24865099728870400.000000	38,788,439,864,206	Trade
SN56	24776009399977116.000000	62,126,465,300,397	Trade
SN95	21878442449471728.000000	14,131,365,044,818	Trade
SN93	17426402843661760.000000	21,497,222,261,589	Trade
SN68	16909868777753228.000000	35,245,573,515,299	Trade
SN66	16890412858909932.000000	14,294,401,929,555	Trade
SN34	14212806242163792.000000	36,919,388,551,070	Trade
SN29	13983416860951252.000000	18,374,466,809,861	Trade
SN102	13385587181358548.000000	130,644,117,956	Trade
SN85	12941170224099956.000000	18,847,375,406,680	Trade
SN107	12368192712935654.000000	1,363,512,903,454	Trade
SN38	11738285181998784.000000	1,395,967,966,704	Trade
SN91	11378606007520172.000000	719,449,834,359	Trade
SN50	10837226465817554.000000	16,045,525,261,574	Trade
SN105	10246109769173992.000000	3,366,991,968,786	Trade
SN100	10048000979067696.000000	2,260,323,686,128	Trade
SN81	10035973643193146.000000	22,131,154,804,938	Trade
SN114	9370692321498764.000000	1,323,057,535,009	Trade
SN33	8759534222730982.000000	19,381,051,078,731	Trade
SN121	8757211408773692.000000	8,550,413,508,484	Trade
SN63	8090968003468358.000000	14,372,382,408,518	Trade
SN115	7999796760593105.000000	6,219,580,002,127	Trade
SN46	7903637687098229.000000	10,991,746,131,954	Trade
SN67	7860104230667990.000000	263,405,678,869	Trade
SN78	7540732591603943.000000	1,197,761,205	Trade
SN71	7450315304499775.000000	6,617,102,812,065	Trade
SN39	7415841958085204.000000	18,047,694,072,659	Trade
SN54	7346276818428620.000000	10,149,331,039,391	Trade
SN36	7295718517875231.000000	75,288,661,734	Trade
SN52	7246094813932754.000000	19,027,228,816,743	Trade
SN74	7136646566150837.000000	8,462,422,034,786	Trade
SN126	7079858803158901.000000	683,112,711,946	Trade
SN124	7005325229200391.000000	8,414,872,980,773	Trade
SN35	6446026074952001.000000	11,398,255,228,621	Trade
SN76	6382605934265596.000000	623,913,719,176	Trade
SN119	6305142017148988.000000	4,954,035,735,256	Trade
SN43	6228121672574716.000000	15,149,771,763,543	Trade
SN103	6128274753566807.000000	5,168,569,310,315	Trade
SN70	6060460797987172.000000	298,747,020,062	Trade
SN49	5509516812980931.000000	1,802,607,389,721	Trade
SN112	5478869815103441.000000	4,966,596,743,085	Trade
SN110	5448941805702255.000000	3,301,501,190,730	Trade
SN125	5439555948510839.000000	7,419,488,779,807	Trade
SN41	5329251042366104.000000	12,537,731,849,656	Trade
SN127	5252673778661109.000000	4,456,784,415,172	Trade
SN113	5250074395837285.000000	1,714,531,422,296	Trade
SN48	5186002663188298.000000	11,508,344,171,675	Trade
SN79	5036398901284301.000000	7,157,181,376,583	Trade
SN58	5014609374069307.000000	8,424,924,000,812	Trade
SN53	5013824394007651.000000	13,488,816,733,116	Trade
SN83	4970284764897417.000000	4,811,214,446,133	Trade
SN73	4908724111700395.000000	8,543,373,390,115	Trade
SN104	4880809540066467.000000	5,791,042,491,805	Trade
SN99	4637698128551750.000000	649,668,872,684	Trade
SN60	4628215478640742.000000	7,257,407,265,515	Trade
SN47	4549884935227770.000000	681,566,101,820	Trade
SN108	4507256904822025.000000	1,643,556,809,859	Trade
SN90	4428368570522137.000000	1,603,121,029,805	Trade
SN123	4400142077225685.000000	7,379,624,332,267	Trade
SN31	4385762169013479.000000	944,649,454,044	Trade
SN45	4360668907884761.000000	8,369,447,701,811	Trade
SN77	4284029411714327.000000	9,829,425,824,550	Trade
SN122	4257048157958561.000000	4,351,495,859,439	Trade
SN111	4207001795910851.000000	4,961,246,773,162	Trade
SN37	4182704766828300.000000	8,891,374,544,255	Trade
SN65	4180884344299068.000000	7,812,844,168,838	Trade
SN30	4149654202627576.000000	8,785,545,396,207	Trade
SN106	4123873829960300.000000	7,626,570,795,194	Trade
SN61	4116926875536747.000000	7,843,551,131,912	Trade
SN59	3989148173005933.000000	6,971,237,971,452	Trade
SN98	3988348191090449.000000	6,171,867,202,920	Trade
SN87	3964045126813426.000000	797,241,356,382	Trade
SN92	3947079456046778.000000	1,328,097,424,176	Trade
SN86	3915576052091163.000000	1,731,610,567,335	Trade
SN109	3837564196864805.000000	736,362,818,146	Trade
SN88	3761849644630367.000000	6,470,638,797,767	Trade
SN32	3738467852138892.000000	7,655,492,026,863	Trade
SN94	3733047144296902.000000	1,458,851,403,715	Trade
SN101	3726140886771507.000000	2,853,505,293,207	Trade
SN80	3682303955955164.000000	827,704,299,370	Trade
SN116	3676852241346052.000000	3,292,553,195,437	Trade
SN89	3602561810204753.000000	6,514,846,634,924	Trade
SN42	3435219048331915.000000	8,635,470,357,023	Trade
SN117	3421663224687635.000000	2,754,031,291,703	Trade
SN128	3396235456838060.000000	4,049,548,808,369	Trade
SN72	3378663672511185.000000	7,795,393,857,820	Trade
SN69	3327844431359620.000000	6,425,781,719,475	Trade
SN40	3307381659765267.000000	6,948,641,623,483	Trade
SN118	3188579567145441.000000	2,430,884,908,777	Trade
SN84	3145715150924673.000000	5,256,010,164,183	Trade
SN57	3095264168222794.000000	7,219,196,511,011	Trade
SN55	3066087023247706.000000	6,346,514,185,838	Trade
SN82	2594958462414563.000000	4,105,823,035,548	Trade

Loading dTAO markets

Frequently Asked Questions

What is dTAO?

dTAO (decentralized TAO) is the subnet-specific token system on Bittensor. Each subnet has its own dTAO token priced by an on-chain AMM against TAO. When you buy dTAO, you are staking into that subnet and gaining exposure to its performance and emissions.

How does dTAO trading work?

dTAO trades execute through an on-chain AMM (automated market maker) built into the Bittensor protocol. Each subnet maintains a TAO/dTAO liquidity reserve. Prices are determined algorithmically by the reserve ratio — no order books or counterparties required.

What fees are involved in dTAO trading?

dTAO swaps incur a small on-chain transaction fee paid in TAO. There are no additional trading fees, spreads, or platform charges. The AMM price is deterministic based on the reserve curve, so you always know the exact rate before confirming a trade.

Subnet

Price (TAO)

TAO Reserve

SN96

2909616012574340608.000000

1,705,759,824