TensorUSD (SN113): Uses, Supply and Risks

TensorUSD (SN113) is a crypto asset listed under the Bittensor ecosystem and Bittensor subnets. Public sources do not establish who issues it, what protocol it belongs to, or what functions it performs. Some public descriptions associate TensorUSD with governance, but the specific voting rights or governance process are not confirmed here.

The name “TensorUSD” is not proof that the token is a stablecoin or that it is redeemable for one US dollar. No peg, reserve backing, redemption terms, or collateral details are established. Treat the name as a label, not a guarantee of value or stability, until authoritative project documentation confirms otherwise.

The token’s stated use is not sufficiently documented to describe with confidence. A public description refers to voting on proposals and delegating voting power, but public sources do not identify the proposals, explain how delegation works, or confirm whether those features are active. Check current official project materials before relying on a governance claim.

There is also no confirmed information here about whether SN113 is required to use a dApp, pay fees, secure a network, or access a service. Do not confuse TensorUSD (SN113) with Tensor (TNSR), a separately named token associated with a Solana NFT marketplace. Similar names do not establish that the assets share an issuer, network, or purpose.

As of 2026-11-05, TensorUSD had about 1.80 million tokens in circulation, matching its reported total supply. The stated maximum supply is 21 million SN113. These figures may change, and a maximum supply does not by itself explain when or how additional tokens could enter circulation.

The reported price was about $0.53, with a market capitalization of about $960,000 and 24-hour trading volume of about $36,700 on that date. These are time-sensitive market figures, not a valuation or price forecast. The reported historical high and low were about $2.31 on 2026-01-14 and $0.0082 on 2026-04-02, respectively. Past prices do not establish future performance.

Public sources do not confirm which network issues SN113, its contract address, or which wallets support it. The token is categorized as part of the Bittensor ecosystem and Bittensor subnets, but that classification alone is not enough to determine the correct network for a transfer. Confirm the network and token identifier through authoritative project documentation before depositing or sending tokens.

If you hold SN113, use a wallet that explicitly supports the confirmed network and asset. Keep recovery phrases and private keys offline and never share them with anyone claiming to provide support. Sending tokens to an incompatible network or address can result in permanent loss. Verify small transfers where appropriate, and be cautious of imitation tokens, unverified contract addresses, and messages promising guaranteed dollar value or returns.

SN113 carries several specific risks. Its purpose, issuer, chain details, and any claimed governance features are not clearly established in the information available here. That uncertainty makes it harder to assess how the token works or what rights it gives holders. The name does not confirm a dollar peg, and the reported price has varied substantially over time.

Trading may also be limited: reported 24-hour volume was about $36,700 as of 2026-11-05, and low liquidity can make it harder to trade at an expected price. Token supply and market figures can change. Verify project documentation, token identity, and current market conditions independently, and do not rely on a ticker or token name alone.