Observed coldkeys
holding at least 0.1 TAO-equivalentIndependent Bittensor research
See where your TAO position stands.
Enter an amount and compare it with the July 2026 holder distribution. No wallet connection. No address required.
July 2026 baseline · 88,451 coldkeys · Snapshot: 23 July 2026 · Analysis by @RBS_HODL · Data: Taostats
Position calculatorJuly 2026
Where do you stand?
Enter an amount. No wallet connection or address required.
Coldkeys are not people: one person, exchange or custodian may control multiple addresses. Snapshot: 23 July 2026.
Top 100 share
of issued TAOTop 10 share
of issued TAOStaked
across measured balance componentsLatest research
July 2026 distribution baseline
JULY 2026 · BASELINE
The TAO holder
baseline.
Distribution · Staking · Concentration
TAO HOLDER MONITOR01 / 09
Five findings from the baseline
- 01
88,451 coldkeys meet the 0.1 TAO-equivalent reporting threshold.
- 02
68.91% of observed coldkeys hold below 10 TAO, but account for only 1.15% of observed value.
- 03
The Top 100 hold 5.97 million TAO-equivalent, equal to 53.56% of issued TAO.
- 04
Across measured balance components, 68.48% is staked.
- 05
Publicly attributed CEX wallets hold 11.57% of issued TAO; wTAO is reported separately as bridge custody.
Focus areas
One monitor. Four lenses.
A repeatable framework for understanding how Bittensor’s coldkey distribution changes over time.
Distribution
Coldkey counts and TAO held across consistent balance tiers.
Concentration
Top 10, Top 100 and cumulative shares of issued TAO.
Staking
Free versus staked TAO across the coldkey distribution.
Change
Planned: monthly movement, bracket migration and long-term trends.
Why this exists
“Make Bittensor’s holder distribution transparent, understandable and independently verifiable.”