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
SN67	3322049515871066112.000000	1,822,649,400	Trade
SN96	2491612800862625280.000000	1,578,484,344	Trade
SN64	89827978380999296.000000	220,711,269,214,673	Trade
SN120	76975291376453360.000000	86,635,568,806,620	Trade
SN97	50153686608338752.000000	54,488,529,593	Trade
SN51	41082018878337768.000000	95,762,185,854,733	Trade
SN62	36444796395582040.000000	54,207,946,583,620	Trade
SN75	35615730640308632.000000	46,238,225,115,620	Trade
SN44	30083033328928124.000000	50,788,179,549,144	Trade
SN81	21696259981283360.000000	30,998,460,185,791	Trade
SN56	20877072529475552.000000	55,748,250,157,711	Trade
SN39	20690971651020344.000000	29,008,270,281,461	Trade
SN68	17984283152327182.000000	34,986,810,909,118	Trade
SN107	17364548645082560.000000	593,752,996,463	Trade
SN95	17169150207839336.000000	11,132,898,386,542	Trade
SN100	17120406934535368.000000	2,033,491,330,040	Trade
SN93	16303103382718576.000000	19,445,762,388,382	Trade
SN70	15313515116135408.000000	1,200,367,615	Trade
SN29	14399016020389104.000000	18,206,974,466,418	Trade
SN114	14103780349279796.000000	845,452,745,799	Trade
SN34	14015928271382124.000000	36,593,877,496,591	Trade
SN91	12613386218053976.000000	85,174,059,510	Trade
SN85	12061400540729998.000000	17,224,591,407,004	Trade
SN38	11528102272929408.000000	718,638,027,210	Trade
SN63	10093840408869644.000000	15,526,828,647,633	Trade
SN50	9392841425846934.000000	14,562,794,488,106	Trade
SN33	9166512479140500.000000	19,729,193,183,832	Trade
SN105	8900901750330866.000000	2,371,257,771,159	Trade
SN49	8884759295699481.000000	1,780,418,730,003	Trade
SN71	8336481661168035.000000	6,942,820,362,382	Trade
SN115	8117520489093765.000000	6,260,095,662,598	Trade
SN74	7469651854055570.000000	8,393,236,069,751	Trade
SN127	7239494360923756.000000	5,097,195,006,669	Trade
SN124	7152920302052311.000000	7,986,562,744,334	Trade
SN99	7147285401897749.000000	377,336,890,086	Trade
SN112	7017847101456842.000000	5,226,636,439,724	Trade
SN66	7002352247651937.000000	8,529,336,799,264	Trade
SN52	6939477903738355.000000	18,620,311,270,616	Trade
SN119	6815175515918183.000000	5,150,548,016,833	Trade
SN76	6717749158269481.000000	206,350,966,867	Trade
SN103	6678852787070763.000000	4,970,302,863,910	Trade
SN35	6430406789657041.000000	11,384,409,654,474	Trade
SN126	6219799943140059.000000	199,834,195,106	Trade
SN43	6145012374293972.000000	14,973,004,546,177	Trade
SN121	6081885403931612.000000	6,914,379,661,149	Trade
SN53	6013675542873874.000000	14,772,455,191,411	Trade
SN90	5916106395300412.000000	1,478,932,687,918	Trade
SN94	5876767315090268.000000	1,518,557,776,469	Trade
SN54	5780764345368078.000000	8,608,124,969,586	Trade
SN46	5699436059312481.000000	8,864,377,725,486	Trade
SN48	5612394972782802.000000	11,973,383,393,291	Trade
SN92	5540656261339636.000000	1,235,150,992,208	Trade
SN58	5539534035795800.000000	8,742,454,009,467	Trade
SN47	5490955133164704.000000	400,709,805,317	Trade
SN59	5418112924522551.000000	8,117,704,684,986	Trade
SN80	5416091684305651.000000	676,589,103,419	Trade
SN41	5396326334213959.000000	12,617,030,072,350	Trade
SN109	5394291158310933.000000	536,666,508,486	Trade
SN113	5320344285888819.000000	1,347,920,886,595	Trade
SN88	5278610970835814.000000	7,372,455,006,284	Trade
SN31	5259924057587777.000000	699,290,079,781	Trade
SN87	5208465119054352.000000	588,651,573,749	Trade
SN122	5192267302960674.000000	4,800,257,096,652	Trade
SN123	5086507067756728.000000	7,933,628,614,366	Trade
SN108	4990048244466712.000000	1,381,304,301,264	Trade
SN125	4983591431939349.000000	7,100,933,962,833	Trade
SN61	4962489849110536.000000	8,584,365,882,326	Trade
SN60	4955829545889762.000000	7,508,197,105,288	Trade
SN86	4882769345862030.000000	1,632,505,159,623	Trade
SN65	4744938166796092.000000	8,087,244,952,188	Trade
SN111	4741944643606143.000000	4,960,193,855,842	Trade
SN104	4648923589283845.000000	5,270,106,231,357	Trade
SN98	4584789964802828.000000	6,594,246,975,792	Trade
SN101	4491094768828244.000000	2,942,209,294,352	Trade
SN73	4466327017088747.000000	7,812,299,134,697	Trade
SN106	4426917351019914.000000	7,902,335,374,379	Trade
SN77	4327844535998595.000000	9,879,571,589,432	Trade
SN30	4317697886400160.000000	8,683,853,383,893	Trade
SN83	4255750689264324.000000	4,178,735,572,285	Trade
SN45	4125922732131730.000000	8,139,205,986,110	Trade
SN37	4122816310962848.000000	8,783,687,682,176	Trade
SN89	4090616575384570.000000	6,939,801,515,122	Trade
SN72	3879648573799032.000000	8,353,306,849,328	Trade
SN42	3858791629004622.000000	9,151,011,000,170	Trade
SN117	3858358810339553.000000	2,903,617,477,118	Trade
SN118	3813969429068161.000000	2,595,022,623,954	Trade
SN116	3801018753674501.000000	3,180,015,923,822	Trade
SN78	3760619862729288.000000	5,261,470,647,564	Trade
SN40	3687863283519278.000000	7,329,266,648,227	Trade
SN110	3674945561800550.000000	2,569,444,151,842	Trade
SN55	3656854544442320.000000	6,867,575,395,702	Trade
SN128	3652313043701878.000000	4,022,899,468,890	Trade
SN82	3628238020430963.000000	4,855,577,315,212	Trade
SN84	3592307696924008.000000	5,515,944,330,019	Trade
SN69	3442155866542870.000000	6,408,525,995,594	Trade
SN32	3386451361707310.000000	7,221,104,966,577	Trade
SN57	3340825989026985.000000	7,500,157,151,659	Trade
SN79	3291770761590291.000000	5,690,014,689,947	Trade
SN36	3229802025707971.000000	6,059,143,761,316	Trade
SN102	3227614299704745.000000	3,359,488,055,612	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

SN67

3322049515871066112.000000

1,822,649,400