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Kusama (KSM) price, chart, coin profile and news
Find the latest Kusama (KSM) price, coin profile, news and history to get you started with Kusama trading and investing.
What is Kusama?
In the words of the development team, "Kusama is an early, unaudited and unrefined release of Polkadot." It's basically a live version of a test network for Polkadot, where parachains, dapps and staking can be done for a fraction of what it would cost to do on Polkadot. Features intended for Polkadot are first rolled out on Kusama, which has made it appealing to some as an experimental economy that may continue to hold value over time. The KSM token is used for staking on the network, which allows stakers to launch Validator or Nominator nodes – these are used to secure the parachains and the Kusama relay chain respectively. In return for staking, users are rewarded with additional KSM tokens. Tokens may also be used for governance and voting on upgrades to the protocol.
Kusama (KSM) is the 63rd largest cryptocurrency in the world by market cap, valued at $2,204,119,198. The current price of Kusama is $245.77, which is -2.341% lower than yesterday. Prices have ranged between $256.16 and $241.37 over the past 24 hours. All prices are listed in US dollars and accurate as of January 19, 2022 01:01 UTC.
Recent Kusama developments
June 2021: The first Kusama parachain slot has been auctioned off, with the first parachains connected to the Kusama Relay Chain.
Kusama (KSM) priceUse our graph to track the performance of (KSM) over time.
Kusama at a glance
|Total KSM supply||10,000,000|
|All time high||US$621.71|
|Notable team members||Gavin Wood|
Kusama price performance over time
Disclaimer: Cryptocurrencies, including Kusama, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of KSM is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Kusama or any other cryptocurrency discussed.
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