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DOCS ETHEREUM

Bridge

Bridge Bittensor subnet Alpha tokens to Ethereum as ERC-20. One token equals one Alpha token. Always backed 1:1.

SELECT SUBNET
BRIDGE ALPHA → SNx
Exchange Rate 1 Alpha = 1 SNx
Bridge Fee 0.1%
Estimated Time ~5 min
You Receive --
BACKING RULE

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.

HOW IT WORKS
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
RECENT BRIDGES
Time Direction Subnet Amount Status
2 min ago TAO → ETH SN64x 1,250.00 CONFIRMED
8 min ago TAO → ETH SN4x 500.00 CONFIRMED
14 min ago ETH → TAO SN51x 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.

TOTAL LAUNCHED
47
GRADUATED
12
TOTAL VOLUME
$2.4M

Auction

Weekly sealed-bid auction. Decides which subnet gets bridged next. Highest bid wins, pays second-highest price. Proceeds seed the new pool.

CURRENT AUCTION - WEEK 5
4d 12h 33m 17s
TIME REMAINING
PHASE
COMMIT
Submit sealed bid
BIDS
8
Committed so far
FORMAT
SEALED
Second-price auction
PAID IN
ETH
Goes to seed pool
PLACE YOUR BID
Select a subnet...

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.

AUCTION RULES
01 Winner must launch within the set window or the slot passes to the next bidder.
02 Subnet must clear checks: enough float, enough daily volume, bridge willing to hold.
03 Winning the auction buys the slot, not an exemption from requirements.
04 If no bids two weeks running, auction pauses for a month.
05 Launching a token against an already-live subnet is always free and open to everyone.
AVAILABLE SUBNETS
Subnet Ticker Status
SN120 - Affine AFFx NOT YET AUCTIONED
SN9 - iota IOTAx NOT YET AUCTIONED
SN68 - NOVA NOVAx NOT YET AUCTIONED
SN3 - Teutonic TMPx NOT YET AUCTIONED
WHERE WINNING BID GOES

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.

LIVE SUBNETS (4 AT LAUNCH + AUCTIONED)
Subnet Ticker Mcap Source

Portfolio

Your SNx holdings, token positions, and bridge history. Connect wallet to view.

TOTAL VALUE
--
SNx TOKENS
--
TOKEN POSITIONS
--
PENDING BRIDGES
--

SNx Holdings

Connect wallet to view your SNx token balances

Token Positions

Connect wallet to view your token positions

Bridge History

Connect wallet to view your bridge transaction history