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.

Happening now

AI generated 2h ago

KSM climbed roughly

↗4.90%

over the past 24 hours as trading volume jumped

↗8.52%

, though market positioning shows mixed signals.

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ARS 4,409.40

Trading Insights

Buyer Ratio

87%0%

Traders

23

20.69%

Buyers

20

9.09%

Sellers

5

37.5%

Searched

37

Market Stats

Market Cap

Not enough data

FDV

Not enough data

Circ. Supply

19M KSM

Max Supply

No maximum supply

Total Supply

19M KSM

Performance

Popularity

#311

Dominance

0%

Volume (24H)

Not enough data

Volume (7D)

Not enough data

Volume (30D)

Not enough data

All time high

Not enough data

Price Change (1Y)

Additional details

Market details

KSM vs markets

Not enough data

KSM vs BTC

Not enough data

KSM vs ETH

Not enough data

Tags

substrate

polkadot

made-in-america

binance-listing

Network & Addresses

Network
Address

Kusama

NA

Price history

Time
Price
Change
Today
ARS 4,409.40
Not enough data
1 Day
ARS 4,434.15
0.00%
1 Week
ARS 4,468.25
0.00%
1 Month
ARS 4,810.80
0.00%
1 Year
ARS 19,497.80
0.00%

Coinbase insights

Happening now

AI generated 2h ago

KSM climbed roughly

↗4.90%

over the past 24 hours as trading volume jumped

↗8.52%

, though market positioning shows mixed signals.


Mixed signals across market activity

Weekly performance outpaced Polkadot Ecosystem peers by roughly

↗2.19%

while market positioning showed caution with a negative funding rate of approximately -0.001% and more sellers than buyers over recent trading.


Relative strength within ecosystem

KSM outpaced Polkadot Ecosystem peers over the past week despite trailing by roughly

↘1.86%

over the past month, showing recent relative strength.


Trading dynamics show caution

The funding rate stood at approximately -0.001% (around -1.12% annually) over recent trading while the buyer-to-seller ratio reached 0.85, indicating roughly 1.18x more sellers than buyers.

Recent trends

The latest KSM price is ARS 4,409.40.

Kusama had 20 buyers, 5 sellers and total 23 trades in the last 24h. Kusama was searched 37 times in the last 24h.

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 ARS currency in real-time. Get the live price of Kusama on Coinbase.

Assets that have a similar market cap to Kusama include Turbo, Turbo, Turbo, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Kusama is 19 million.

Kusama ranks 207 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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Social stats

Popularity in posts

#1517

Contributors

186

Posts

245

% About Kusama

0.003%

Articles

0

X (Twitter)

20.83% bullish

Sentiment

5.0 ★

Highlights

186 unique individuals are talking about Kusama and it is ranked #1,517 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 5.0 out of 5. Finally, Kusama is becoming less newsworthy, with 0 news articles published about Kusama.

On Twitter, people are mostly neutral about Kusama. There were 22.39% of tweets with bullish sentiment compared to 7.46% of tweets with a bearish sentiment about Kusama. 77.61% of tweets were neutral about Kusama. These sentiments are based on 72 tweets.

On Reddit, Kusama was mentioned in 12 Reddit posts and there were 90 comments about Kusama. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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