Bridge
Bridge Bittensor subnet Alpha tokens to Ethereum as ERC-20. One token equals one Alpha token. Always backed 1:1.
token supply <= Alpha in custody
There can never be more tokens than Alpha held. Only the bridge / market maker mints and redeems. You buy and sell SNx on the open pool.
| Action | Who | What happens |
|---|---|---|
| MINT | Bridge / MM | Locks Alpha, mints one SNx |
| REDEEM | Bridge / MM | Burns SNx, unlocks Alpha |
| TRADE | Anyone | Buy/sell on Uniswap V4 pool |
| Time | Direction | Subnet | Amount | Status |
|---|---|---|---|---|
| 2 min ago | TAO → ETH | SN64x |
1,250.00 | CONFIRMED |
| 8 min ago | TAO → ETH | 500.00 | CONFIRMED | |
| 14 min ago | ETH → TAO | 3,100.00 | CONFIRMED | |
| 21 min ago | TAO → ETH | SN44x |
780.00 | PENDING |
Token Launchpad
Launch a token priced in a subnet token. Bonding curve: 80% sold, 20% kept for pool. When curve fills, liquidity graduates to Uniswap V4 and locks forever. No rug.
Auction
Weekly sealed-bid auction. Decides which subnet gets bridged next. Highest bid wins, pays second-highest price. Proceeds seed the new pool.
Sealed bid. Your bid is hidden until the reveal phase. If you win, you pay the second-highest price. Proceeds go to the market maker to buy Alpha and seed the new pool.
| Subnet | Ticker | Status |
|---|---|---|
SN120 - Affine |
AFFx | NOT YET AUCTIONED |
SN9 - iota |
IOTAx | NOT YET AUCTIONED |
SN68 - NOVA |
NOVAx | NOT YET AUCTIONED |
| TMPx | NOT YET AUCTIONED |
Proceeds do not sit in a treasury. They go to the market maker, which uses them to:
1. Buy the real Alpha tokens of the chosen subnet
2. Lock those tokens in the bridge contract
3. Seed the new Uniswap V4 pool with real depth
A new subnet arrives backed one for one and with real liquidity from its first day, paid for by the person who wanted it listed.
| Subnet | Ticker | Mcap | Source |
|---|
Portfolio
Your SNx holdings, token positions, and bridge history. Connect wallet to view.
SN64x
SN44x
SN120 - Affine
SN9 - iota
SN68 - NOVA