Kusama Logo

Kusama KSM

Kusama header image

1. Summary

Ranks

Liquidity
98
Developer
-
Social
97
Momentum (beta)
28
Stack Rankā„¢
-
Price
$17.90 -1.4%
Market Cap
$278.61M (#199)
Supply
15.12M / 15.12M
Price
52W High price $59.77
52W High date 14th Mar 2024 (6 months ago)
All Time High (ATH) Date 18th May 2021 (3 years ago)
ATH Price $621.71
% From ATH -96.28%
All Time Low (ATL) Date 14th Jan 2020 (4 years ago)
ATL Price $0.88
% From ATL 2540.01%
Supply & Trading Volume
Trading Volume (24h) $14.03M
Total Supply 15.12M
Circulating Supply 15.12M
Description

Overview

Overview

Kusama is a public blockchain network that runs on the same codebase as Polkadot, acting as an experimental environment for new features that will eventually be deployed to Polkadot. This network is designed for speed and experimentation, providing a setting for developers to build and deploy new blockchain projects and applications before they are released on Polkadot.

Key Features

  • Hybrid Consensus Algorithm: A combination of Nominated Proof of Stake (NPoS), Proof of Stake (PoS), and Proof of Authority (PoA) validates and produces new blocks, ensuring high security and decentralization.
  • Parachains: Individual blockchain networks built within Kusama, allowing developers to deploy and test their apps without creating a new network.
  • Bridges: Interoperability between different blockchain networks for exchanging value and data.
  • Governance: Token holders vote on significant issues, with a unique system of referenda and proposals.
  • Security: A scalable consensus layer and security modules for detecting abnormal activities.

Token

  • KSM: The native token of the Kusama network, used for staking, transaction fees, and governance.
  • Staking and Governance: KSM holders can stake tokens to support validators, partly govern the network, and participate in voting.

Ecosystem

  • Interoperability: The ability to exchange value and data between different blockchain networks.
  • Developer Environment: A space for experimentation and innovation, supporting rapid development and deployment.
  • Community Governance: Token holders collectively manage and own the network, with no central authority.

Launch

  • 2019: Kusama was founded by Gavin Wood and other Polkadot founders as a testing ground for new blockchain ideas and experiments.

Kusama in Practice

  • Role in Polkadot: Serves as a 'canary in the coal mine' for Polkadot, hosting initial versions of features and applications before they are deployed on Polkadot.
2. Price

KSM

2.1. Market Performance

How does Kusama's (KSM) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-27.6%

KSM

-19.4%

Similar Market Cap

60 Day Return

-22.1%

KSM

-26.9%

Similar Market Cap

1 Year Return

-4.3%

KSM

-7.8%

Similar Market Cap

3. Developer Activity

We're monitoring 4 Kusama GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Kusama Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 2
  • Past 12 weeks: 0 commits vs. an average of 9
  • Past year: 0 commits vs. an average of 115

Most Active Repos

Past week 0
Past 12 weeks 0
Past year 0
Past week 0
Past 12 weeks 0
Past year 0
Past week 0
Past 12 weeks 0
Past year 0
Past week 0
Past 12 weeks 0
Past year 0

Top Developers 2024

In total, 0 developers have contributed to Kusama over the past year. Who are the most active Kusama developers, by commits, over the past year?

Related Projects

Developers working on Kusama also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 0
Active Reddit Users (past 24h) 0
Discord users
Active Discord Users
Telegram Users
Twitter followers 254,228
5. News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://kusama.network/
Explorer https://polkascan.io/pre/kusama-cc3
Twitter @kusamanetwork
Forum https://forum.kusama.network/
Whitepaper https://polkadot.network/kusama-network-the-canary-network/

Has Kusama been audited for security?

No security audits found for this project.

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