Kusama (KSM)

Kusama is a public blockchain network closely linked to Polkadot and built from the same underlying technology stack. It is often described as Polkadot’s canary network: a live environment where new features, governance changes, runtime upgrades, and parachain projects can be tested under real economic conditions before similar ideas are considered for deployment on Polkadot. Unlike a conventional testnet, Kusama uses a market-traded native token, KSM, and has its own independent community, validators, governance process, and ecosystem.

The network is designed for speed and experimentation. Kusama typically moves faster than Polkadot, with shorter governance and upgrade cycles, making it attractive to teams that want to launch early, iterate publicly, and test blockchain applications in a production-like setting. This higher flexibility also comes with higher risk: features may be less conservative, and projects using Kusama often accept a more experimental environment in exchange for faster access to infrastructure and users.

KSM plays several roles within the network. It is used for staking by validators and nominators who help secure the relay chain, for participating in on-chain governance, and historically for supporting parachain slot activity. Kusama’s architecture supports specialized blockchains, known as parachains, that connect to the relay chain and can be tailored for use cases such as DeFi, identity, gaming, smart contracts, and cross-chain applications.

What distinguishes Kusama is its position between testnet and mainnet. It is not merely a staging area for Polkadot, but a community-owned network with its own economic incentives and culture. For developers and users, Kusama serves as a proving ground for ambitious Web3 infrastructure and early-stage blockchain products.

3.1599 USD
+0.16098 (+5.37%)

Last updated

Market Cap
$56M
Fully Diluted Valuation
$56M
24 Hour Trading Vol
$3.5M
Circulating Supply
18.6M
Total Supply
18.6M
Max Supply
coin-turk.com

Shiba Inu lead ambassador Shytoshi Kusama maintains 74-day silence on X

26 Jul 2026, 07:13 AM
coin-turk.com

Shytoshi Kusama remains silent on X as SHIB trades near weekly lows

21 Jun 2026, 20:59 PM
coin-turk.com

Shiba Inu’s SHIB slips 1.8 percent as Kusama returns

24 Apr 2026, 00:39 AM
dw.com

DWNEWS: At 97, Japan's art icon Yayoi Kusama is Instagram-ready

22 Mar 2026, 13:32 PM
dw.com

DWNEWS: 97 years old and Instagram-ready: Japan's art icon Yayoi Kusama

20 Mar 2026, 22:11 PM
apnews.com

AP: Famed Japanese artist Kusama featured in new German exhibit

13 Mar 2026, 20:25 PM
washingtonpost.com

WAPO: German museum celebrates famed Japanese artist Kusama in vast new exhibit

13 Mar 2026, 20:05 PM
panewslab.com

Web3 Foundation's strategic adjustment: It will transfer Polkadot governance support, Polkadot Wiki, and other projects.

07 Mar 2026, 12:27 PM
blockonomi.com

Web3 Foundation Refocuses on Global Advocacy as Polkadot Ecosystem Reaches Maturity

06 Mar 2026, 01:30 AM
crypto-news-flash.com

Shiba Inu Teases AI “Beyond Crypto” Project After Long Hiatus

27 Jan 2026, 20:15 PM
thecryptobasic.com

Shiba Inu Lead Kusama Returns to Social Channels as Whale Activity Hits Historic Levels

11 Dec 2025, 13:28 PM
coin-turk.com

Shytoshi Kusama Keeps SHIB Followers Guessing with Prolonged Silence

07 Dec 2025, 01:10 AM
safepal.com

SFP: SafePal Supports Kusama Asset Hub Migration

04 Nov 2025, 16:20 PM
panewslab.com

Bithumb plans to suspend Kusama (KSM) deposits and withdrawals on October 7th

01 Oct 2025, 08:43 AM
coindoo.com

Kusama and Polkadot Begin Asset Hub Migration With Binance Support

26 Sept 2025, 23:33 PM
cryptopotato.com

Shiba Inu (SHIB) Panic: Did Its Lead Developer Really Leave the Project?

16 Sept 2025, 16:30 PM
thecryptobasic.com

Shytoshi Kusama Denies Abandoning Shiba Inu

16 Sept 2025, 12:25 PM
panewslab.com

Coinbase will support the transition of Polkadot and Kusama networks from the current relay chain network to the Asset Hub network.

08 Sept 2025, 20:05 PM
u.today

No Word on X From Shytoshi Kusama for Month But SHIB Army Unfazed

03 Sept 2025, 18:15 PM
thecryptobasic.com

Shiba Inu Team Shares Shytoshi Kusama Vision for SHIB Ecosystem on X

02 Sept 2025, 15:25 PM
Market Cap
$55,991,659
Fully Diluted Valuation
$55,991,907
24 Hour Trading Vol
$3,481,080
24h High
$3.02
24h Low
$2.94
24h Change
+0.74%
7d Change
-1.30%
30d Change
-6.56%
1y Change
-78.40%
Market Cap Rank
#384
Market Cap Rank (rehypothecated)
#518
Circulating Supply
18,599,733
Total Supply
18,599,816
Max Supply
All-time high
$621.71 (-99.52%) · 18 May 2021, 10:34 am
All-time low
$0.876572 (+243.54%) · 15 Jan 2020, 12:50 am