Kusama market information: price, market cap, and supply
Kusama Price is $3.03. Its current circulating supply is 19.13M ksm with a market cap of $57.91M.
$ 3.03
-2.88%
(Not Available)
$ 57.91M
$ 1,197.16K
19.13M KSM
What Is Kusama (KSM)?
Kusama is Polkadot's experimental sister network, often called its "canary". New features usually go live on Kusama first, under real economic conditions, before reaching Polkadot.
KSM is its native token, used for staking, governance, fees and securing parachains.
How Kusama Works
Kusama uses the same technology as Polkadot but with faster governance and shorter waiting periods, which makes it more chaotic and quicker to evolve.
Accounts must keep a small minimum balance, the existential deposit, to stay active.
KSM at a Glance
| Detail | Kusama |
| Launched | 2019 |
| Relationship | Canary network for Polkadot |
| Address format | SS58, usually starting with a capital letter |
| Staking | Nominated proof of stake |
| Minimum balance | Small existential deposit |
What Is KSM Used For?
- Staking and nominating validators.
- Governance votes.
- Fees and parachain security.
How to Exchange KSM on SecureShift
- Choose KSM as the coin you send or receive, and pick the other side of the swap.
- Paste the address where you want to receive. For KSM, paste your Kusama address. Polkadot and Kusama addresses use different formats.
- Send your deposit to the address shown on the order page.
- Receive your coins in your own wallet. No account, no ID, no exchange limit, and the 1% fee is already in the quote.
Key Moments in Kusama History
Kusama launched in 2019 as an early, unaudited version of Polkadot and has stayed the place where Polkadot features are tested first.
Where to Store KSM
Nova Wallet, Talisman, SubWallet or a Ledger.
Mistakes to Avoid With KSM
- Pasting a Polkadot address. It must be the Kusama format.
- Sending your full balance and losing the existential deposit.
- Swapping staked KSM before unbonding finishes.
Want to hold part of your portfolio somewhere private? You can swap KSM to Monero (XMR) the same way.
Popular KSM Swap Pairs
Jump straight to a pair to see its live rate, network notes and FAQs:
Swap Kusama (KSM) for any asset from our extensive crypto selection by following these simple steps:
1. Select KSM as the "You Send" currency.
2. Choose the asset you’d like to receive in exchange for your KSM.
3. Enter the wallet address for the asset you wish to receive.
4. Send your deposit to a unique one-time address.
5. Receive your exchanged coins in approximately 5 minutes!
Top cryptocurrencies to exchange with Kusama (KSM)
| # | KSM to | Pair | Available for exchange |
|---|---|---|---|
| No data found! | |||
Why exchange Kusama on SecureShift
- Using SecureShift is safe and reliable. As a non-custodial service, we never store or hold your assets.
- SecureShift ensures rapid transactions, typically completing within two minutes.
- Our platform is highly versatile. We continuously strive to enhance our services, satisfy our customers, and broaden our cryptocurrency offerings.
- No registration is required to trade any crypto asset on SecureShift. All you need is a wallet address.
- Trade freely with no upper limits! Whether your transactions are small or large, we guarantee successful completion every time.
Kusama (KSM) FAQ
Polkadot's experimental canary network.
The same keys work, but the address format is different. Use your wallet's Kusama address.
A small minimum balance each account must keep.
No.
Yes.
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