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Bitget: Ranked top 4 in global daily trading volume!
BTC dominance63.86%
New listings: Pi Network
Hot BTC ETF : IBIT
BTC/USDT$95988.02 (-0.84%)
Fear and Greed Index64(Greed)
Altcoin season index:26(Not altcoin season)
Total spot Bitcoin ETF netflow +$674.9M (1D); +$2.63B (7D).
Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC dominance63.86%
New listings: Pi Network
Hot BTC ETF : IBIT
BTC/USDT$95988.02 (-0.84%)
Fear and Greed Index64(Greed)
Altcoin season index:26(Not altcoin season)
Total spot Bitcoin ETF netflow +$674.9M (1D); +$2.63B (7D).
Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
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Kusama price

Kusama PriceKSM

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Quote currency:
USD
$15.04-4.61%1D
Price Chart
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Market cap
Kusama price chart (KSM/USD)
Last updated as of 2025-05-04 00:15:40(UTC+0)
Market cap:$247,318,996.8
Fully diluted market cap:$247,318,996.8
Volume (24h):$7,254,455.3
24h volume / market cap:2.93%
24h high:$15.73
24h low:$14.9
All-time high:$623.87
All-time low:$0.9160
Circulating supply:16,449,267 KSM
Total supply:
16,449,267.32KSM
Circulation rate:99.00%
Max supply:
--KSM
Price in BTC:0.0001567 BTC
Price in ETH:0.008190 ETH
Price at BTC market cap:
Price at ETH market cap:
Contracts:--
Links:

How do you feel about Kusama today?

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Note: This information is for reference only.

About Kusama (KSM)

What Is Kusama?

Kusama is a decentralized protocol that facilitates the seamless transfer of data and assets across various blockchains. Established in 2019 by Dr. Gavin Wood, the co-founder of Ethereum, Kusama operates as a pre-production environment for its sister network, Polkadot. This innovative platform, often referred to as a "canary network", serves as a sandbox where developers can experiment, test, and fine-tune their Polkadot projects in a real-market scenario before officially launching them.

Kusama shares many similarities with Polkadot, including its architecture and core features. However, it maintains a distinct identity by offering a more flexible and accommodating environment, characterized by less stringent governance parameters. This unique approach allows Kusama to foster a vibrant ecosystem of early-stage, experimental projects, thereby playing a pivotal role in building a fair and decentralized internet. Moreover, Kusama's open governance and sharded blockchain structure enhance scalability and interconnectivity, enabling a harmonious integration of multiple blockchains into a unified network of parachains.

Resources

Official Documents: https://www.polkadot.network/blog/tag/kusama/

Official Website: https://kusama.network/

How Does Kusama Work?

At the heart of Kusama's operation lies a dual blockchain structure comprising a main network, known as the relay chain, and user-generated networks referred to as parachains. The relay chain is responsible for securing the network and facilitating interoperability between the parachains, which can be customized for various applications. This structure significantly improves the network's scalability, allowing for a large number of projects to be hosted without compromising speed or efficiency.

Kusama employs a nominated proof-of-stake (NPoS) consensus mechanism, which is a variant of the proof-of-stake system. In this setup, KSM coin holders can either become validators, who verify data on the parachain blocks and vote on network changes, or nominators, who select validators and delegate their staked tokens and votes to them. This consensus mechanism not only ensures network security but also fosters a decentralized and permissionless governance model, where community members can actively participate in the decision-making process.

Furthermore, Kusama's infrastructure supports both private and public blockchains, thereby offering a vast array of potential applications ranging from oracles to social networks. Developers can leverage Kusama's Substrate framework to build their blockchains swiftly and link them to the main network, fostering innovation and collaboration within the community.

What Is KSM Token?

The KSM token, Kusama's native cryptocurrency, plays a vital role in maintaining the network's functionality. Holders of KSM are incentivized to stake their tokens to earn rewards, participate in governance processes, and vote on network upgrades. The staking process has become a popular method for generating passive income, with an annualized return rate fluctuating based on market factors. Notably, Kusama has an inflation rate of 10% per year, and there is no capped supply for KSM, which might be a consideration for potential investors.

Kusama's Impact on Finance

While Kusama and Polkadot share many similarities, including their foundational architecture and the team behind their development, they cater to different segments of the blockchain project spectrum. Polkadot adopts a more cautious and methodical approach, prioritizing network stability and security, making it suitable for larger, well-established projects. In contrast, Kusama embraces a faster-paced, experimental ethos, welcoming smaller, riskier projects looking to innovate and break new ground in the blockchain space.

Kusama's flexible governance parameters allow for quicker network upgrades compared to Polkadot, which undergoes a more extended voting process for any changes. Moreover, Kusama has garnered popularity in the blockchain industry due to its developer-friendly approach and its potential to host a diverse range of cutting-edge projects, making it a hotbed for innovation and experimentation in the decentralized space.

What Determines Kusama's Price?

In the ever-changing landscape of cryptocurrencies, the Kusama price today is shaped by a myriad of factors, keenly observed by potential investors through resources like a live Kusama price chart. Kusama, a sibling network to Polkadot, acts as a ground where developers can test and foster early-stage projects. This vibrant ecosystem notably sways the Kusama KSM price.

The KSM current price undergoes frequent fluctuations, reflecting the network's experimental nature that welcomes a plethora of innovative blockchain projects. Both investors and developers maintain a watchful eye on the Kusama price history, using it as a compass to navigate the volatile waters and anticipate the Kusama price forecast. Comprehensive Kusama price analyses become their trusted ally in making informed decisions.

The Kusama token price also receives considerable influence from its active community and the stellar team steering its course, helmed by the renowned Dr. Gavin Wood. Enthusiasts, closely tracking the KSM crypto price, are on the edge of their seats, eager to witness the network's continual evolution and innovation. With the rising popularity of Polkadot's mainnet, the Kusama KSM price in USD often marks periods of explosive growth. Those who are tuned into the latest Kusama KSM news appreciate KSM's potential as a tool for generating passive income through staking, an attribute directly impacting the KSM token market cap.

Delving deeper, it becomes vital to acknowledge the network's distinctive tokenomics when discussing the real-time Kusama price. The KSM token price is influenced by its proof-of-stake consensus mechanism, encouraging users to stake their KSM tokens for rewards, subsequently shaping the discourse around Kusama crypto price predictions. Moreover, the evolving Kusama price narrative is also influenced by an annual inflation rate of 10%, a detail potentially discouraging for investors seeking tokens with a capped supply.

As we stand on the cusp of a promising future, enthusiasts and investors scrutinize the Kusama (KSM) price graph, recognizing Kusama's promise given its rapid developments and receptiveness to experimental projects. In the bustling world of blockchain and cryptocurrency, Kusama carves out a niche, heralding a future ripe with potential and growth.

AI analysis report on Kusama

Today's crypto market highlightsView report

Live Kusama Price Today in USD

The live Kusama price today is $15.04 USD, with a current market cap of $247.32M. The Kusama price is down by 4.61% in the last 24 hours, and the 24-hour trading volume is $7.25M. The KSM/USD (Kusama to USD) conversion rate is updated in real time.

Kusama Price History (USD)

The price of Kusama is -50.48% over the last year. The highest price of KSM in USD in the last year was $51.91 and the lowest price of KSM in USD in the last year was $11.4.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h-4.61%$14.9$15.73
7d-8.60%$14.87$16.59
30d-0.20%$11.4$16.8
90d-26.05%$11.4$21.62
1y-50.48%$11.4$51.91
All-time+776.70%$0.9160(2020-01-14, 5 years ago )$623.87(2021-05-18, 3 years ago )
Kusama price historical data (all time).

What is the highest price of Kusama?

The all-time high (ATH) price of Kusama in USD was $623.87, recorded on 2021-05-18. Compared to the Kusama ATH, the current price of Kusama is down by 97.59%.

What is the lowest price of Kusama?

The all-time low (ATL) price of Kusama in USD was $0.9160, recorded on 2020-01-14. Compared to the Kusama ATL, the current price of Kusama is up by 1541.47%.

Kusama Price Prediction

When is a good time to buy KSM? Should I buy or sell KSM now?

When deciding whether to buy or sell KSM, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget KSM technical analysis can provide you with a reference for trading.
According to the KSM 4h technical analysis, the trading signal is Sell.
According to the KSM 1d technical analysis, the trading signal is Sell.
According to the KSM 1w technical analysis, the trading signal is Sell.

What will the price of KSM be in 2026?

Based on KSM's historical price performance prediction model, the price of KSM is projected to reach $20.28 in 2026.

What will the price of KSM be in 2031?

In 2031, the KSM price is expected to change by +12.00%. By the end of 2031, the KSM price is projected to reach $42.43, with a cumulative ROI of +171.19%.

FAQ

What factors influence the price of Kusama (KSM)?

The price of Kusama is influenced by various factors such as market demand and supply, technological developments, adoption rates, regulatory news, and macroeconomic trends. Additionally, updates in the Polkadot ecosystem can impact Kusama's price since it is a canary network for Polkadot.

How does Kusama's role as a canary network affect its price?

Where can I buy Kusama (KSM)?

Is Kusama a good investment compared to Polkadot?

What is the historical price trend of Kusama (KSM)?

Can Kusama reach its all-time high again?

How do parachain auctions impact Kusama’s price?

What are the risks associated with investing in Kusama?

How does Kusama’s governance model affect its price?

What technical indicators should traders consider for Kusama (KSM)?

Is Kusama (KSM) a good investment?

What is the use case of KSM?

What factors influence KSM price?

What makes KSM unique?

What gives Kusama value?

Can I stake KSM?

What is the current price of Kusama?

What is the 24 hour trading volume of Kusama?

What is the all-time high of Kusama?

Can I buy Kusama on Bitget?

Can I get a steady income from investing in Kusama?

Where can I buy Kusama with the lowest fee?

Kusama Market

  • #
  • Pair
  • Type
  • Price
  • 24h volume
  • Action
  • 1
  • KSM/USDT
  • Spot
  • 15
  • $70.69K
  • Trade
  • Kusama Social Data

    In the last 24 hours, the social media sentiment score for Kusama was 3, and the social media sentiment towards Kusama price trend was Bullish. The overall Kusama social media score was 4,304, which ranks 282 among all cryptocurrencies.

    According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Kusama being mentioned with a frequency ratio of 0.01%, ranking 158 among all cryptocurrencies.

    In the last 24 hours, there were a total of 474 unique users discussing Kusama, with a total of Kusama mentions of 153. However, compared to the previous 24-hour period, the number of unique users increase by 51%, and the total number of mentions has decrease by 15%.

    On Twitter, there were a total of 5 tweets mentioning Kusama in the last 24 hours. Among them, 0% are bullish on Kusama, 0% are bearish on Kusama, and 100% are neutral on Kusama.

    On Reddit, there were 3 posts mentioning Kusama in the last 24 hours. Compared to the previous 24-hour period, the number of mentions increase by 50% .

    All social overview

    Average sentiment (24h)
    3
    Social media score (24h)
    4.30K(#282)
    Social contributors (24h)
    474
    +51%
    Social media mentions (24h)
    153(#158)
    -15%
    Social media dominance (24h)
    0.01%
    X
    X posts (24h)
    5
    +67%
    X sentiment (24h)
    Bullish
    0%
    Neutral
    100%
    Bearish
    0%
    Reddit
    Reddit score (24h)
    4
    Reddit posts (24h)
    3
    +50%
    Reddit comments (24h)
    0
    0%

    How to buy Kusama(KSM)

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    Convert Kusama to KSM

    Convert Kusama to KSM

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    Trade KSM perpetual futures

    After having successfully signed up on Bitget and purchased USDT or KSM tokens, you can start trading derivatives, including KSM futures and margin trading to increase your income.

    The current price of KSM is $15.04, with a 24h price change of -4.61%. Traders can profit by either going long or short onKSM futures.

    KSM futures trading guide

    Join KSM copy trading by following elite traders.

    After signing up on Bitget and successfully buying USDT or KSM tokens, you can also start copy trading by following elite traders.

    Where can I buy Kusama (KSM)?

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    Cryptocurrency investments, including buying Kusama online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Kusama, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Kusama purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

    KSM to USD converter

    KSM
    USD
    1 KSM = 15.04 USD
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    Kusama ratings

    Average ratings from the community
    4.5
    102 ratings
    This content is for informational purposes only.

    Bitget Insights

    TechBeastz
    TechBeastz
    18h
    In today’s trading update, Tether (USDT) maintains its dominance as the leading stablecoin, experiencing steady volume upticks amid market fluctuations. Meanwhile, Cosmos (ATOM) shows resilience, holding strong support levels despite broader market pressures. Polkadot’s rival, Kusama (KSM), registers a surprising leap in price after unveiling new parachain auctions, stirring renewed investor interest. Meanwhile, Helium (HNT) continues to gain momentum following recent network upgrades that improve IoT device connectivity. Filecoin (FIL) also catches attention, seeing increased demand as decentralized storage solutions grow in appeal. Keep an eye on Tezos (XTZ), which experiences a subtle bounce after a quiet stretch, potentially signaling a fresh rally. With fresh catalysts emerging in niche sectors like decentralized data and IoT, these tokens paint a diverse picture beyond the usual blue chips. Traders remain vigilant for volatility as crypto markets digest ongoing regulatory and macroeconomic narratives.
    KSM-0.13%
    BLUE-0.10%
    TechBeastz
    TechBeastz
    18h
    Solana (SOL) has surged over 10% in the last 24 hours, driven by growing interest in its smart contract capabilities and recent partnership announcements. Meanwhile, Terra Classic (LUNC) is showing signs of renewed momentum, with increased trading volumes signaling heightened market activity after a prolonged slump. On the decentralized finance front, tokens like Curve DAO Token (CRV) and PancakeSwap (CAKE) are experiencing moderate gains as liquidity pools expand, attracting yield farmers. Cardano’s competitor, Kusama (KSM), also climbed steadily amid updates to its network governance model. Traders should keep an eye on Binance USD (BUSD), which remains stable amidst market volatility, acting as a safe harbor for cautious investors. Overall, the altcoin space is heating up again, with selective tokens breaking out and capturing the spotlight after a relatively quiet period.
    CRV+0.19%
    KSM-0.13%
    TechBeastz
    TechBeastz
    1d
    In a surprising turn, Solana ($SOL) has surged sharply after announcing a major upgrade aimed at boosting transaction speeds and lowering fees, sparking fresh investor interest. Meanwhile, Terra Classic ($LUNC) experienced a slight recovery following weeks of decline, suggesting some traders are betting on a potential rebound. Meanwhile, Internet Computer ($ICP) showed steady gains amid growing chatter about upcoming DeFi projects on its platform. Meanwhile, Fantom ($FTM) saw a modest pullback after a strong rally last week, with traders possibly taking profits. In alternative news, Kusama ($KSM) continues to maintain a relatively stable price as its ecosystem development progresses steadily. Keep an eye on these moving pieces as shifting market sentiment could open new opportunities soon.
    KSM-0.13%
    MAJOR+0.59%
    TechBeastz
    TechBeastz
    1d
    In a surprising turn of events, the DeFi sector experienced a significant surge today as investor interest shifted towards emerging tokens. One standout performer was $KSM, which saw a 25% increase in trading volume after announcing a new partnership aimed at enhancing its interoperability features. Analysts suggest that this move could position $KSM as a competitive player in the cross-chain arena. Meanwhile, $EGLD is also making headlines following reports of a new decentralized app launching on its blockchain. Early users have praised its speed and low transaction fees, prompting excitement in the community and a noticeable uptick in engagement. Additionally, $FLOW continues to attract attention as it expands its offerings in the digital collectibles market. The latest collaboration with a popular gaming studio might drive more mainstream adoption for its platform. As these developments unfold, traders are closely monitoring the market for potential growth opportunities, particularly in the lesser-known altcoins. Analysts recommend diversification as a strategy amid this dynamic landscape.
    KSM-0.13%
    MOVE-1.70%
    TechBeastz
    TechBeastz
    1d
    In a surprising twist, Kusama (KSM) surged over 12% amid renewed investor interest in experimental blockchain projects. Meanwhile, Elrond (EGLD) recorded a steady climb, breaking the $220 resistance level as network activity intensified. Waves (WAVES) also gained momentum, driven by upcoming DeFi protocol integrations expected to boost utility. On the downside, Terra Luna Classic (LUNC) faced a slight pullback after recent rapid gains, signaling a potential cooling period. Stacks (STX) experienced minor fluctuations but remains supported by ongoing smart contract adoption. Arweave (AR) saw modest gains, fueled by growing demand for decentralized data storage solutions. Flow (FLOW) maintained a stable trajectory, as partnerships with NFT platforms generate optimism among traders. These movements highlight a broader market rotation, with investors diversifying away from previously dominant assets, seeking fresh opportunities across emerging protocols and ecosystems.
    AR+0.41%
    KSM-0.13%

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