Bittensor has a fixed supply limit of 21 million $TAO , designed to create scarcity similar to Bitcoin. According to the latest data from Taostats, the circulating supply has reached 10,451,753 TAO, nearly hitting the halving threshold.

This event will reduce the daily issuance from 7,200 TAO to 3,600 TAO, impacting rewards for miners, validators, and subnet owners. Unlike Bitcoin's time-based schedule, Bittensor's halving triggers when the circulating supply reaches 10.5 million tokens.

TAO
TAOUSDT
294.48
-2.14%

The registration of miners, changes in network activity, and the introduction of Alpha tokens may affect the timing, so the specific date may be flexible. Furthermore, the Subnet Alpha token, introduced in February 2025, also follows a similar release schedule.