TAO: Circulating Supply [TAO]
Bittensor Circulating Supply was 11,710,297.52 TAO on 9 Nov 2026 (latest daily value).
TAO in circulation, as Bittensor public RPC (SubtensorModule.TotalIssuance) publishes it.
Why use it. Circulating supply is what market cap counts. We do not run a Bittensor node, so this is the project's or the network's own published figure, read every hour, not a count from our own node. How to read it. Steps mark releases from locked or reserved supply; a steady rise is new issuance.
Calculation. Published supply, not node-verified: Bittensor public RPC (SubtensorModule.TotalIssuance) (https://docs.learnbittensor.org/), all TAO issued so far as the chain records it (none of it is on a lock-up; staked TAO counts as circulating). Read by CryptoKeyhole every hour since 9 November 2026; no earlier values are reconstructed. Each hourly value is the latest reading taken in that hour; a day takes its last hour.