Protocol Information
Bittensor's native dTAO AMM pools, which price each subnet's alpha token against TAO and hold the network's subnet liquidity
Sub Category: AMM
Methodology
TVL: TVL is the TAO reserve of every subnet dTAO liquidity pool (SubtensorModule.SubnetTAO across all netuids), read from public chain RPC at a single finalized block. Root (netuid 0) is excluded because it is network staking rather than an AMM pool. Subnets whose pools are tracked by their own DefiLlama adapter (currently Chutes, netuid 64) are excluded to avoid double counting. Alpha-side reserves are not counted since most alpha tokens have no listed price.View code on GitHubCompetitors
Bittensor dTAO history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Sep 19, 2026 to Oct 27, 2026.
All-time high TVL: $569.22m on Sep 27, 2026. All-time low TVL: $450.7m on Oct 25, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $561.35m |
| Sep 29, 2026 | $542.47m |
| Sep 30, 2026 | $539.13m |
| Oct 1, 2026 | $534.6m |
| Oct 2, 2026 | $538.31m |
| Oct 3, 2026 | $518.63m |
| Oct 4, 2026 | $544.87m |
| Oct 5, 2026 | $537.76m |
| Oct 6, 2026 | $542.94m |
| Oct 7, 2026 | $542.98m |
| Oct 8, 2026 | $517.95m |
| Oct 9, 2026 | $478.5m |
| Oct 10, 2026 | $491.67m |
| Oct 11, 2026 | $511.42m |
| Oct 12, 2026 | $533.42m |
| Oct 13, 2026 | $482.27m |
| Oct 14, 2026 | $504.38m |
| Oct 15, 2026 | $486.28m |
| Oct 16, 2026 | $499.24m |
| Oct 17, 2026 | $489.62m |
| Oct 18, 2026 | $484.85m |
| Oct 19, 2026 | $485.51m |
| Oct 20, 2026 | $476.07m |
| Oct 21, 2026 | $488.64m |
| Oct 22, 2026 | $487.81m |
| Oct 23, 2026 | $459.76m |
| Oct 24, 2026 | $456.51m |
| Oct 25, 2026 | $450.7m |
| Oct 26, 2026 | $452.43m |
| Oct 27, 2026 | $452.24m |
TVL at each month end, Sep 2026 to Oct 2026
| Date | TVL |
|---|---|
| Sep 30, 2026 | $539.13m |
| Oct 27, 2026 (latest) | $452.24m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/bittensor-dtao
Frequently asked questions
What is Bittensor dTAO's TVL?
As of Oct 27, 2026, Bittensor dTAO has $448.77m in total value locked. TVL has decreased 21.2% over the past 30 days.
What chains does Bittensor dTAO operate on?
Bittensor dTAO operates on Bittensor. Bittensor holds the largest share at 100%.
How does Bittensor dTAO's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Bittensor dTAO ranks #8 by TVL. The category holds $13.44b across 1,923 protocols, and Bittensor dTAO accounts for 3.3% of that total. Similar protocols include Uniswap V3, PancakeSwap AMM, Uniswap V4, Curve DEX, Raydium AMM, Uniswap V2, PancakeSwap AMM V3, PumpSwap, RocketSwap Anubis, and Orca DEX.