Market cap
$35.3M
1.14 %
Volume (24h)
$128.34K
1.14 %
Circulating supply
115,696 WTAO
Total supply
115,696 WTAO
Max. supply
21,000,000 WTAO
Wrapped TAO (WTAO)
$ 287.87
1.14 %
Main info
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Key data
updated $0Market cap$35.3M
Volume 24h$128.34K
Circulating supply115.7K1% of max 21M
All-time high$1,271.47-77% from peak · 2024-10-26
Wrapped TAO (WTAO) is a tokenized version of TAO, the native cryptocurrency of the Bittensor network, that lives on other blockchains like Ethereum. Think of it as a bridge: WTAO lets you hold and trade TAO outside of Bittensor itself, using standard Ethereum wallets and DeFi apps. Each WTAO is backed 1:1 by TAO locked in custody.
Frequently asked questions
What is Wrapped TAO and how is it different from TAO?
TAO is the native coin of the Bittensor network, a decentralized machine-learning platform where models compete and earn rewards. WTAO is simply TAO wrapped as an ERC-20 token so it can move on Ethereum and other chains. Functionally they represent the same asset, but WTAO can't be used directly for staking or mining on Bittensor — for that you need to unwrap it back to native TAO.
How does the underlying Bittensor network work?
Bittensor runs on a proof-of-stake-style consensus called proof of intelligence: participants called miners serve AI models, validators score their outputs, and the network mints TAO as rewards. The better your model performs, the more you earn. This creates an incentive layer for open machine intelligence rather than just securing transactions.
How is TAO supply and emission structured?
TAO follows a hard cap of 21 million coins — the same limit as Bitcoin — and is emitted gradually through block rewards to miners and validators. There was no premine or ICO; all supply is earned by participating in the network. Halving-style reductions slow emission over time, mirroring Bitcoin's scarcity model.
How can you store and use WTAO?
Since WTAO is an ERC-20 token, any Ethereum-compatible wallet like MetaMask, Ledger, or Rabby works fine. You can trade it on decentralized exchanges, use it in DeFi protocols, or bridge it back to native TAO through the official wrapping service. Just make sure you're using the legitimate bridge and contract address, as wrapped tokens attract copycats.