Kusama
$3.55
Data from CoinGecko, on-chain analytics, and official project documentation. View methodology
- Cryptocurrency
- Kusama (KSM)
- Sector
- Layer 1
- Market Cap Rank
- #368
- Current Price
- $3.55
- Market Capitalization
- $66.64M
Cycle Potential
0x
cycle scenario · ~2029 window
Risk Level
0/10
Low Risk
Market Cap
$66.64M
Volume
$13.88M
Circulating Supply
18.77M
0.0% not yet in circulation
Total Supply
18.77M
What is Kusama?
Kusama (KSM) is a base-layer blockchain network that processes and finalizes transactions on its own chain. It is currently ranked #368 by market capitalization, trading at $3.55 with a total market cap of $66.64M.
How does Kusama work?
Kusama is Polkadot's real-value canary network: a permissionless Layer 1 used to test runtime upgrades, on-chain governance, and parachain-related mechanics under live economic conditions. KSM is used for transaction fees, staking, governance, and coretime purchases, so Kusama is not a conventional zero-value testnet. Its distinguishing feature is also its central risk: the network is intentionally experimental, and holders absorb the operational and governance consequences of that...
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Entry #1389 · published Jun 8, 2026 · commit be579c9
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Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions. Cryptocurrency investments are volatile and carry significant risk.