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How to Buy Kusama
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About Kusama
KSM is a cryptocurrency that powers Kusama, a protocol that enables cross-blockchain transfers of any type of data or asset. By uniting multiple blockchains, Kusama aims to achieve high degrees of security and scalability. KSM serves as the protocol’s governance token and can be used for staking to secure the network or to connect (“bond”) new chains. Kusama acts as a "canary" or experimental network for Polkadot (a separate protocol that shares the same codebase) in which developers can more quickly test new programs that can be deployed on both.
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3/13/2025, 12:57:14 PM
Market Stats
Market Cap
$261,193,894.40
FDV
No data
Circulating Supply
16,225,637.145 KSM
Max Supply
No data
Total Supply
16,225,637.145 KSM
Hold Time
No data
Performance
Popularity
#152
Dominance
0.01%
Volume (24H)
$12,832,575.32
-0.24%
All time high
$623.75
Additional info about Kusama
Networks and details
The price of Kusama has decreased by 0.37% in the last hour and decreased by 0.53% in the past 24 hours. Kusama’s price has also fallen by 12.49% in the past week. The current price is $16.00 per KSM with a 24-hour trading volume of $12.83M. Currently, Kusama is valued at 97.43% below its all time high of $623.75. This all-time high was the highest price paid for Kusama since its launch.
The current circulating supply of Kusama is 16,225,637.145 KSM which means that Kusama has as total market cap of $261,193,894.40.
Kusama:No contract address available;
Price history
Today | $16.00 | ↘ 0.53% |
1 Day | $16.13 | ↘ 0.53% |
1 Week | $18.34 | ↘ 12.49% |
1 Month | $20.49 | ↘ 21.69% |
1 Year | $60.86 | ↘ 73.64% |
Market details
Performance against other markets | ↘ 74.41% |
Performance against BTC | ↘ 76.45% |
Performance against ETH | ↘ 44.16% |
Performance in the past year | ↘ 73.64% |
FAQ
Kusama, often called "Polkadot's wild cousin," is an experimental blockchain platform designed to offer a scalable and interoperable framework for developers. Built using Substrate, a blockchain development toolkit by Parity Technologies, Kusama shares much of its codebase with Polkadot but operates independently. It serves as a testing ground for developers who want to innovate, deploy, and refine their blockchain projects before launching on Polkadot. However, many projects choose to remain on Kusama due to its lower barriers to entry and fast-paced environment, making it a hub for early-stage startups and experimental applications.
Kusama operates on a multichain, heterogeneously-sharded architecture powered by a nominated proof-of-stake (NPoS) consensus mechanism. This system enables rapid on-chain upgrades without the need for forks and supports cross-chain message passing (XCMP), allowing seamless communication between parachains within the Kusama network. The platform also features decentralized on-chain governance, where any holder of Kusama (KSM) tokens or parachain tokens can vote on governance proposals. This governance model accelerates decision-making and allows projects on Kusama to evolve at a faster pace compared to more traditional blockchain networks.
Kusama is tailored for developers and projects seeking a fast-moving and flexible blockchain environment. It is ideal for testing and launching blockchain applications across various sectors, including gaming, eSports, decentralized autonomous organizations (DAOs), marketplaces, oracles, and social networks. Its interoperability and scalability make it a preferred choice for projects that want to deploy app-specific blockchains and connect them within the broader Kusama network. This setup helps break down the barriers typically found in isolated blockchain ecosystems, fostering innovation and collaboration.
Kusama was founded in 2019 by Dr. Gavin Wood, a co-founder of Ethereum and a prominent figure in the blockchain space. Kusama was developed by the same team behind Polkadot, under Parity Technologies, a company known for its contributions to blockchain infrastructure. The project receives support from the Web3 Foundation, which provides funding, research, and community development for decentralized web technologies. Kusama's creation aimed to offer a pre-production environment for Polkadot while maintaining its own ecosystem for projects that thrive in a more experimental and adaptable setting.
We update our Kusama to USD currency in real-time. Get the live price of Kusama on Coinbase.
The current market cap of Kusama is $261.19M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Kusama is $623.75. This all-time high is highest price paid for Kusama since it was launched.
Over the last 24 hours, the trading volume of Kusama is $12.83M.
Assets that have a similar market cap to Kusama include MX Token, Aethir, DeepBook Protocol, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Kusama is 16 million.
Kusama ranks 210 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 93% of Coinbase users are buying Kusama. In other words, 93% of Coinbase customers have increased their net position in Kusama over the past 24 hours through trading.
Yes, Kusama is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Kusama guide.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Kusama news
Social stats
Popularity in posts
#628
Contributors
232
Posts
607,635
% About Kusama
0.054%
Hold times
0 days
X (Twitter)
12.88% bullish
Sentiment
4.6 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
232 unique individuals are talking about Kusama and it is ranked #628 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Kusama has an average sentiment score of 4.6 out of 5. Finally, Kusama is becoming more newsworthy, with 0 news articles published about Kusama. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly neutral about Kusama. There were 12.88% of tweets with bullish sentiment compared to 0.61% of tweets with a bearish sentiment about Kusama. 86.5% of tweets were neutral about Kusama. These sentiments are based on 326 tweets.
On Reddit, Kusama was mentioned in 0 Reddit posts and there were 0 comments about Kusama. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Guides
Kusama calculator
1 Kusama (KSM) to Japanese Yen (JPY)
¥2,370.13
1 Kusama (KSM) to Indian Rupee (INR)
₹1,392.45
1 Kusama (KSM) to Real (BRL)
R$93.10
1 Kusama (KSM) to Nigerian Naira (NGN)
NGN 24,862.05
1 Kusama (KSM) to South Korean Won (KRW)
₩23,293.18
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Legal
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.