Kusama price

in USD
$13.9200
-$0.60000 (-4.14%)
USD
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Market cap
$234.97M
Circulating supply
16.84M / 16.84M
All-time high
$624.99
24h volume
$14.90M
3.9 / 5
KSMKSM
USDUSD

About Kusama

Layer 1
Official website
Block explorer
CertiK
Last audit: 1 May 2021, (UTC+8)

Kusama’s price performance

Past year
-29.42%
$19.72
3 months
-9.02%
$15.30
30 days
+7.65%
$12.93
7 days
-9.14%
$15.32

Kusama on socials

Jarod.eth
Jarod.eth
Month 1 📸 | Katana Chain-owned Liquidity - Track @katana CoL every month with #KatCOL 🏦 Total CoL: $38,042 - 🧑‍🌾 Deployed in @MorphoLabs @yearnfi @CharmFinance @GammaStrategies @ichifoundation @steerprotocol - 👛 Holdings: 🟠 LBTC BTCK vbWBTC | 🦇 weETH vbETH | 💜 POL | 🔵 JitoSOL uSOL | 🇺🇸 AUSD vbUSDC vbUSDT | 🐈 SUSHI MORPHO YFI ⚔️ Started on 1 July, Katana is a defi-focused L2 aiming to have the deepest liquidity & highest yield in web3 - deep liquidity = better prices & stable rates 🌊 Katana is sustainably achieving this with Chain-owned Liquidity - sequencer fees go to CoL which grows over time - CoL is deployed to support core apps - yield earned from CoL is redirected to boost yield of users 🤔 Katana aligns ALL interests - CoL will provide liquidity to critical pools in critical protocols - Liquidity providers will have fun chasing KAT rewards - vKAT holders will enjoy rewards from big protocols for diverting KAT emissions to their tokens - Big protocols will have deep liquidity - Creators will hunt for alpha & never run out of content! 🔥 Can't wait for Katana to make DeFi sexy again!
Tim Haldorsson
Tim Haldorsson
Anoma has built a strong ecosystem that is connected to their web3 0S stack Below is a deep dive into the @anoma builder program and a short description of many of them.
zerokn0wledge.hl 🪬✨
zerokn0wledge.hl 🪬✨
Anoma Ecosystem Overview Far beyond 100 teams joined @anoma's builders program that was launched earlier this year for devnet builders. End of March, Anoma then chose a first cohort of teams to be part of the "Intent Initiates". This includes a total of 23 projects, building apps, infrastructure, solver systems, and much more. Let's have a look: - Encifher: Creates a compliant privacy engine for DeFi that enables dApps to add confidential computation features, and plans to use Anoma to build a confidential DEX. - T+: A decentralized brokerage that will use Anoma to research and create custom settlement models for exotic financial products. - Adamik: Provides a chain-agnostic API for enterprises to connect with blockchains and will extend this API to allow for reading and writing intent-based transactions. - Epoch Protocol: Acts as a universal coordination layer that deconstructs user intents into smaller parts and coordinates AI agents and solvers to find the best solution. - Fairblock: A decentralized computer for secure confidential computations that will work with Anoma to create a customizable, user-controlled confidential auction system. - Tetrics: An intent-based options liquidity layer that aims to enable trading without capital loss and leverage without liquidation, using Anoma to build a private options exchange. - MetaSig Wallet: Develops wallet technology that allows users to seamlessly initiate, sign, and verify intents directly from their wallet to improve DeFi user experience. - Orda: A payment orchestration company that will use Anoma's architecture to build a more efficient, API-based payment system leveraging novel solver techniques. - Predicate: Provides censorship-resistant infrastructure for creating on-chain rules, allowing Anoma solvers to apply custom risk management and compliance checks before executing orders. - Knowable: A team of network operators that will enhance the Anoma ecosystem by providing analytics, educational materials, and community tools like a new intent explorer. - Sprinter: An interoperable intent execution engine designed to make multi-chain interactions feel seamless, which will contribute to Anoma's initial solver technology. - Max Lomu: A project developing a no-code platform that allows non-technical users to deploy their own autonomous, non-custodial solvers by simply selecting from a list of modules. - Concordance: Develops tools to help developers build transparent, serverless applications that can easily interface with data across the application stack. - Linera: A protocol using "microchains" for low-latency interactions that is collaborating with Anoma to research ways to incorporate Anoma's Resource Machine into its architecture. - TerraTwin: A platform that creates verifiable ecological credits by linking physical landscapes to digital twins, using Anoma's Resource Machine to manage tokenized environmental assets. - Any: A private communication network that will use Anoma's intent layer to allow unknown parties to connect and make deals securely and privately. - Fluton: A gateway for instant cross-chain swaps that will use Anoma's generalized intents to enable more complex actions like cross-chain NFT swaps. - HeyElsa: An AI agent hub that simplifies crypto asset management using natural language and is exploring using Anoma's infrastructure to efficiently solve user intents. - Mycel: Building the first privacy-preserving, cross-chain order book DEX, which is powered by Anoma's intent-centric architecture for seamless trading. - Poetic Technologies: Develops secure software and hardware for Trusted Execution Environments (TEEs) and is exploring how to use Anoma's resource machine to enhance its tools. - Reppo: A resource coordination layer for AI developers to access capital and datasets by expressing intents, using Anoma to settle these intents between different parties. - Spicenet: A composable liquidity layer for trading applications that consumes orders as intents and uses Anoma's network to find optimal routes for fulfillment. - SwissDAO: Creating a generalized framework for intent-based matchmaking across diverse domains like jobs and gaming, using agentic systems and Anoma's model to make matching more efficient. Are you paying attention yet anon?
Jampzey.hl
Jampzey.hl
very curious for anyone providing stables/eth/btc, did your rewards value get slashed hard overnight on turtle? woke up and saw the vaults still hold the ~ 60% apy, but my rewards (which are already generated) got slashed by about ~40%, definitely is not 60% apy if rewards are slashed that hard the implied @katana fdv is still at 1B so i am very confused anyone have insights?

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Kusama FAQ

Currently, one Kusama is worth $13.9200. For answers and insight into Kusama's price action, you're in the right place. Explore the latest Kusama charts and trade responsibly with OKX.
Cryptocurrencies, such as Kusama, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Kusama have been created as well.
Check out our Kusama price prediction page to forecast future prices and determine your price targets.

Dive deeper into Kusama

Kusama is an open-source and experimental version of the Polkadot blockchain, built using the Substrate network. It offers a relatively lenient governance system, thus allowing developers to build and upgrade new blockchain projects quickly. KSM is the name and ticker of the project's native token.

Kusama utilizes a multi-chain network with a relay chain, parachains, and bridges. While Polkadot focuses on maintaining high levels of security, Kusama is designed to absorb the risks of early experimentation by acting as a testnet. It is also cheaper to deploy projects on Kusama than on Polkadot, making it attractive for early-stage projects. The minimum requirement for staking as a validator is also lower, increasing its accessibility to users. However, Kusama supports a limited number of parachains, currently 100, booked through slots and allocated through an open auction for high-value bidders.

The three main ecosystem governance participants are the KSM token holders, the council, and the technical committee based on the Nominated Proof of Stake (PoS) consensus. The on-chain governance model uses simple, stake-based voting schemes to make any required changes to the network. As a result, Kusama is four times faster than Polkadot, with the voting and enactment process executed within 15 days.

KSM price and tokenomics

KSM has a total supply of 10 million and is subject to an annual inflation rate of 10%. Therefore, the token allocation of newly minted tokens depends on the proportion of KSM staked by network participants. If upheld, the ideal staking ratio is set at 50%, giving KSM validators new tokens. The excess goes to the treasury if this ratio has a positive deviation. However, validators will receive fewer tokens with a negative deviation, affecting the KSM price.

The quicker governance structure and rapidly expanding Polkadot ecosystem drive demand for KSM tokens. Polkadot price fluctuations also affect KSM's price. KSM was initially released through an airdrop and distributed to accounts that participated in the sale of DOT, Polkadot's token, at a ratio of 1:1. It also had a sale option for those who did not hold any DOT tokens at the time.

About the founders

Backed by strong players in the crypto ecosystem, Kasuma shares the same founders as Polkadot - Gavin Wood, Peter Czaban, and Robert Habermeier. Wood, the co-founder and former CTO of Ethereum, invented several fundamental elements of blockchain development, including Solidity, Whisper, and Proof of Authority (PoA) consensus. He also currently serves as the president and founder of the Web3 Foundation.

Czaban, an Oxford alumnus, is the chief technology officer at the Web3 Foundation, while Habermeier, a fellow at Thiel, is a longtime member of the Rust community. KSM also has a team of over 100 blockchain engineers and strategic advisors helping shape the project's future. Kusama is funded by the Web3 Foundation and private investors such as Master Ventures, who funded the entire Polkadot ecosystem.

Disclaimer

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Market cap
$234.97M
Circulating supply
16.84M / 16.84M
All-time high
$624.99
24h volume
$14.90M
3.9 / 5
KSMKSM
USDUSD
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