Karura KARPrice $ 0.0285

Karura is the all-in-one DeFi hub of Kusama. Founded by the Acala Foundation, Karura is a scalable, EVM-compatible network optimized for DeFi.

The platform offers a suite of financial applications including:

• Trustless staking derivative (liquid KSM)
• Multi-collateralized stablecoin backed by cross-chain assets (kUSD)
• AMM DEX — all with micro gas fees that can be paid in any token.



Why build on Kusama?

Kusama is Polkadot’s faster, wilder cousin – a multi-chain network for radical innovation.

Kusama and Polkadot are independent, standalone networks built in nearly the exact same way, but Kusama has faster governance parameters and higher risk tolerance.

By launching on Kusama, Karura can push the limits of what’s possible, giving the Acala Foundation team a place to launch bold new financial innovations. Karura will access Kusama’s plug-and-play security while enjoying high-capacity processing speeds, micro-gas fees, and interoperability between multiple networks, all ultimately bridged to Polkadot.

Karura will deliver decentralized financial products and stable assets to Kusama’s entire ecosystem of networks.