The Tant Kyi Taung Pagoda was built by King Anawrahta in 397 ME on Tantkyi Hill, where the royal white elephant bearing the tooth relics rested for the second time, after it sat at a place, market by Shin Myethna Thettawshay Pagoda, then at a place where heavy rains fell, market by Shin Mogaung Pagoda, and at a place where the elephant mustered its strength, market by Sin Min Thwin Pagoda.

Tantkyitaung Pagoda is 90 feet (27 m) high with the base of 60 feet (18 m). Its nine tiers of umbrella contains a silver vane and the diamond bud. It has been renovated in successive periods. It has an image of Lord Buddha, a statue of Ananda and that of the forest guardian. A look down from the pagoda platform reveals the head of a dragon protruding from the walling down below. It is said that the tail end of this likeness of the dragon is around the site of Shwezigon Pagoda