Currencies
16690
Market Cap
$ 1.24T
+2.83%
24h Spot Volume
$ 31.94B
+12.3%
BTC Dominance
37.84%
-0.31%
ETH Gas
7 Gwei

Kusama

[KSM]
Polkadot
Kusama is a scalable multi-chain network for radical innovation and early stage Polkadot deployments

Kusama Price

$ 61.190.52

0.00249-2.05

High / Low

High:$ 62.16

Low:$ 59.37

Kusama Market Cap

$ 549,536,988 
Ƀ 22,323
FDMC: $ 611,949,879 
ATH: $ 5,583,216,821 

24h Trade Volume

$ 12,807,098 
Ƀ 520.24
KSM 209,283

Supply

Circulating:
KSM 8,980,098(89.8%)
Total:
KSM 10,000,000
Max:
KSM 10,000,000

All-Time-High (ATH) Price

$ 621.73 (18 May 2021)
Ƀ 0.0144 (10 Jun 2021)
ETH 0.320 (29 Mar 2021)
From ATH: -90.2%
To ATH: +916%

Kusama Live Chart

Kusama price Index provides the latest KSM price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

The Kusama to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

KSM to USD Converter

KSM

Kusama Quarterly Returns (USD)

YearQ1Q2Q3Q4
2022-32.1%-74.5%+26.9%-
2021+592.7%-56.9%+56.1%-16.3%
2020+66.3%+235.5%+413.8%+114.6%
2019----72.5%

Kusama Closing Price (USD) - Quarterly

YearQ1Q2Q3Q4
2022$ 188.52$ 48.05--
2021$ 499.82$ 214.79$ 331.05$ 277.60
2020$ 1.98$ 6.63$ 34.05$ 72.88
2019---$ 1.19

Kusama Monthly Returns (USD)

YearJanFebMarAprMayJuneJulyAugSeptOctNovDec
2022-42.4%-18.9%+44.9%-30.3%-39.4%-39.8%+32.6%-3.93%----
2021+35.9%+116.8%+134.8%-18.3%-8.71%-42.1%-5.95%+102.6%-17.3%+11.4%+6.35%-29.4%
2020-1.73%+148.9%-32.2%+167.8%+29%-4.24%+53.4%+357.4%-25.5%-10.3%+71.1%+40%
2019------------72.5%
Average-2.74%+82.3%+49.2%+39.7%-6.38%-28.7%+26.6%+152%-21.4%+0.55%+38.7%-20.7%
Median-1.73%+116.8%+44.9%-18.3%-8.71%-39.8%+32.6%+102.6%-21.4%+0.55%+38.7%-29.4%

KSM - USD Price Change

PeriodChangeChange (%)HighLow
24H$ 0.316+0.52%$ 62.16$ 59.37
7D-$ 3.46-5.36%$ 68.50$ 58.30
14D-$ 4.46-6.79%$ 68.62$ 58.30
1M$ 13.12+27.3%$ 69.58$ 47.38
3M-$ 12.79-17.3%$ 88.80$ 43.16
6M-$ 105.11-63.2%$ 205.65$ 43.16
YTD-$ 216.40-78%$ 309.76$ 43.16
1Y-$ 220.38-78.3%$ 517.32$ 43.16

Kusama Annual Price (USD)

YearUSDHighLow
2022-78%$ 309.76$ 43.16
2021+284.7%$ 621.73$ 58.30
2020+6,031.3%$ 73.20$ 0.879
2019-72.5%$ 4.33$ 1.10

Kusama Live Info Today

Kusama's current price is $ 61.19, it has increased +0.52% over the past 24 hours.

Kusama's All Time High (ATH) of $ 621.73 was reached on 18 May 2021, and is currently -90.2% down.

The current circulating supply of Kusama is 8.98 Million tokens, and the maximum supply of Kusama is 10.00 Million.

Kusama’s 24 hour trading volume is $ 12.81 Million.

Kusama's current share of the entire cryptocurrency market is 0.04%, with a market capitalization of $ 549.54 Million.

You can find more details about Kusama on its official website and on the block explorer.

What is Kusama

Kusama was founded in 2019 and is a Proof-of-State network based on Polkadot’s codebase. It was created essentially as a space for any developer to experiment and test their blockchains or applications before releasing them to Polkadot. As such developers can thoroughly test and vet early versions of Polkadot projects in a live, realistic environment.

The network’s native cryptocurrency, KSM, is not an ERC20 token as Kusama uses its own blockchain technology to manage the network. KSM serves as a utility token for the network, is used for governance, and can be staked for the operation of the network.

What are KSM key features and how does it work?

Since Kusama is a sister chain to Polkadot both networks share many fundamental design features. For example, like Polkadot, Kusama uses two types of blockchains to process transactions and handle network activity. The main blockchain is called the Relay Chain. This is where validators take part in staking and transactions are finalized. The Relay Chain has minimal functionality and is responsible for coordinating the system as a whole. It uses a Proof-of-Stake consensus mechanism. Anyone who stakes KSM can become a node or validator on the network. There are also Parachains, which are essentially created by developer teams themselves. Each Parachain can each have unique architectures and features depending on its individual use case and the project behind the parachain.

Due to the nature of Kusama as a testing ground for Polkadot. The platform offers more flexibility for developers in terms of looser rules, and less strict governance parameters. For example, in Kusama, it takes seven days to vote on a referendum and eight days to implement changes after the votes, this is much quicker than the month it takes for each process on Polkadot. Also, the minimum staking requirement to become a validator is much less than on Polkadot.

The governance itself is made of three types of Kusama users. The first is the Referendum Chamber, any holder of KSM can propose, refuse or accept a change to the network. The second is the Council. The Council is made up of elected KSM holders and is in charge of proposing and determining which changes by KSM holders are implemented on the network. The third group forming part of the governance is the Technical Committee. This committee is composed of teams actively building on the network and can make special proposals. As such, Kusama allows Polkadot projects to build a user base and gain traction in the community before the official launch.

What can Kusama be used for?

As mentioned, Kusama serves predominantly as a testnet for projects prior to launching on Polkadot.

Where can you buy KSM?

Kusama (KSM) can be bought via the DEXs and CEXs as listed here.

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