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Market stats

Market cap


Volume (24h)


Circulating supply

8.5M KSM

Typical hold time

32 days



All time high


Price change (1h)


Price change (24h)


Price change (7d)


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.

What is Kusama?

Kusama, often referred to as "Polkadot's wild cousin," is an experimental blockchain platform that aims to provide a scalable and interoperable framework for developers. Built on Substrate, a blockchain building kit developed by Parity Technologies, Kusama shares a similar codebase with Polkadot, another interoperable blockchain. Kusama is designed to serve as a testbed for developers looking to innovate and deploy their own blockchain. It can also be used as a preparatory network before launching on Polkadot, although many projects choose to remain on Kusama for their final product. Kusama is designed to have a low barrier to entry for deploying parachains and is commonly used by early-stage startups and for experimentation.

How does Kusama work?

Kusama operates on a multichain, heterogeneously-sharded design that uses a nominated proof-of-stake (NPoS) consensus system. This system allows it to perform rapid on-chain upgrades without a fork and support cross-chain message passing (XCMP) for communication with other parachains on the Kusama network. Kusama also features on-chain governance capabilities, which are decentralized and permission-less, allowing anyone with Kusama (KSM) tokens or parachain tokens to vote on their respective governance proposals. This on-chain governance procedure aims to facilitate a quicker pace of development for projects built on Kusama.

What are the potential use cases for Kusama?

Kusama is primarily built for developers who aim to launch ambitious projects with a fast-evolving pace of development. It provides a platform for developers to test and deploy their own blockchain, making it a potential choice for projects that aim to start quickly. Kusama's interoperable and scalable nature aims to accommodate a wide range of use cases, including gaming and eSports, DAOs, marketplaces, oracles, music, and social networking. Developers can build their own app-specific blockchain and connect it to Kusama, breaking down the silos created by legacy blockchain networks.

What is the history of Kusama?

Kusama was founded in 2019 by Dr. Gavin Wood, a world-renowned computer scientist and programmer who also co-founded Ethereum. The platform was built by the same team that created Polkadot, a company known as Parity Technologies. Parity Technologies has a team of experienced blockchain engineers and has over 100 employees spread throughout the world. Kusama is funded by grants from the Web3 Foundation, which was launched to help nurture and steward technologies and applications in the fields of decentralized web software protocols. The Web3 Foundation also supports Kusama with research and community development.


Some highlights about Kusama on social media

76 unique individuals are talking about Kusama and it is ranked #310 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 0 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 28.85% of tweets with bullish sentiment compared to 1.92% of tweets with a bearish sentiment about Kusama. 69.23% of tweets were neutral about Kusama. These sentiments are based on 104 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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76 people


72 posts



Volume rank



Coinbase Bytes

Coinbase Bytes

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Kusama is on the rise this week.

The price of Kusama has risen by 10.25% in the past 7 days. The price declined by 1.74% in the last 24 hours. In just the past hour, the price grew by 0.11%. The current price is $26.11 per KSM. Kusama is 95.81% below the all time high of $623.75.

The current circulating supply is 8,470,098.057 KSM.


What is the current price of Kusama?

We update our Kusama to USD currency in real-time. Get the live price of Kusama on Coinbase.

What is the market cap of Kusama?

The current market cap of Kusama is $220.76M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Kusama?

The all-time high of Kusama is $623.75. This all-time high is highest price paid for Kusama since it was launched.

What is the 24 hour trading volume of Kusama?

Over the last 24 hours, the trading volume of Kusama is $25.63M.

What other assets are similar to Kusama?

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

How many Kusama are there?

The current circulating supply of Kusama is 8.5 million.

What is the typical holding time of Kusama?

The median time that Coinbase customers hold Kusama before selling it or sending it to another account or address is 32 days.

What is the relative popularity of Kusama?

Kusama ranks 196 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Kusama?

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.

Can I buy Kusama on Coinbase?

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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