KSM Price Live Data
- Current Price: $32.41
- 24h Trading Volume: $1,140,061.19
- Price Change (24h): -3.61%
- Market Cap: $291,382,297 (Rank #94)
- Circulating Supply: 8,980,098 KSM
- Max Supply: 10,000,000 KSM
Price Performance (USD)
| Time Frame | Change | % Change |
|---|---|---|
| 24h | -$1.24 | -3.68% |
| 7d | -$5.67 | -14.89% |
| 30d | -$3.63 | -10.07% |
| 90d | +$8.62 | +36.27% |
Market Highlights
- 24h Range: $32.21 (Low) → $34.11 (High)
- All-Time High: $621.71
- All-Time Low: $0.876572
- Launch Date: November 28, 2019
What is Kusama (KSM)?
Kusama is Polkadot's open-source experimental blockchain, built using Substrate framework. It serves as a sandbox network for developers to rapidly test and deploy parachains and decentralized applications before launching on Polkadot. Key features:
- Permissionless Innovation: Faster governance processes compared to Polkadot.
- Multi-Chain Architecture: Uses relay chains, parachains, and cross-chain bridges.
- Scalability: Supports parallel transaction processing.
Team & Backers
- Founded by Gavin Wood (Ethereum co-founder, creator of Solidity).
- Led by Web3 Foundation with 100+ blockchain engineers.
- Funded by private investors like Master Ventures.
👉 Track KSM price in real-time
FAQ
1. How does Kusama differ from Polkadot?
Kusama is Polkadot's "canary network" with faster upgrades and looser governance, ideal for high-risk experiments.
2. What is KSM used for?
- Network governance (voting on upgrades)
- Parachain slot auctions
- Transaction fees and staking rewards
3. Where can I buy KSM?
Major exchanges like 👉 OKX offer KSM trading pairs.
4. Is Kusama a good investment?
As a volatile experimental network, KSM suits risk-tolerant investors tracking Polkadot ecosystem growth.
5. What’s the max supply of KSM?
10 million tokens, with ~8.98 million currently circulating.
6. Can I stake KSM?
Yes! Staking rewards vary based on network participation rates.